Investing at least a Trillion Dollars a year in clean energy

Given their convening power, technical expertise and their ability to mitigate risks, multilateral and national development banks are particularly well placed to coordinate these activities, globally, and at the regional and country levels. This paper focuses on strategies to facilitate increased investment in clean energy – in particular, in low-carbon electricity supply and energy efficiency in buildings and industry. The paper begins by examining the global energy challenge. Section 3 explores the risks commonly perceived to be associated with clean energy projects, and how they can be mitigated. Section 4 discusses the challenges of financing energy efficiency and energy access. Section 5 highlights the key opportunities for international cooperation, and Section 6 offers some recommendations.