• Login
    View Item 
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • K4D
    • K4D
    • View Item
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • K4D
    • K4D
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Private Sector Investment in the Clean Energy Sector in the Pacific Islands

    Thumbnail
    Download
    1194 - Private sector investment in the clean energy sector in the Pacific Islands.pdf (341.4Kb)
    Date
    2022-08-03
    Author
    Price, Roz
    Metadata
    Show full item record
    Impact
    Abstract
    Most Pacific small island developing states (SIDS) have ambitious renewable energy targets which call for huge investment, a significant part of which is expected to come from the private sector (IFC, 2021). Although there are around 40 renewable energy projects across the Pacific SIDS either already operating, under construction, or planned for commissioning in the next decade, they are still heavily reliant on imported fuel. Given the huge funding gap in achieving the Sustainable Development Goals (SDGs) and climate objectives in developing countries, private financing has been advocated for as the solution for the shortfall, as it has a large pool of capital available and catalytic properties that could effectively scale-up the “reach” and the scope of influence of public financing (Samuwai, 2021). Private sector partners are particularly critical to supporting SIDS as they often struggle to access international capital markets due to their high debt levels, lack of creditworthiness or small market size (UN-OHRLLS, 2022). However, there is still a general lack of private sector financing in the renewable energy sector in the Pacific SIDS (PIFS, 2018; Samuwai, 2021). Whether private finance mobilisation for clean energy is realistic at the scales needed in the Pacific SIDS is not answered clearly in the literature, although much of it is based on the assumption that there is no real alternative to private sector investment. This rapid review hence explores some of the key drivers, constraints and opportunities to the mobilisation and scale-up of this private sector investment.
    URI
    https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/17690
    Citation
    Price, R.A. (2022). Private sector investment in the clean energy sector in the Pacific Islands. K4D Helpdesk Report 1194. Institute of Development Studies. DOI: 10.19088/K4D.2022.132
    DOI
    10.19088/K4D.2022.132
    Is part of series
    K4D Helpdesk Report;1194
    Rights holder
    © Crown copyright 2022
    Rights details
    https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    Sponsor
    Foreign, Commonwealth and Development Office (FCDO)
    Collections
    • K4D [934]

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies
     

     

    Browse

    All of OpenDocsCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies