Higher cost of finance exacerbates a climate investment trap in developing economies

Access to low cost finance is vital for developing economies’ transition to green energy. Here the authors show how modelled decarbonization pathways for developing economies are disproportionately impacted by different weighted average cost of capital (WACC) assumptions.

Bibliographic Details
Main Authors: Nadia Ameli, Olivier Dessens, Matthew Winning, Jennifer Cronin, Hugues Chenet, Paul Drummond, Alvaro Calzadilla, Gabrial Anandarajah, Michael Grubb
Format: Article
Language:English
Published: Nature Publishing Group 2021-06-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/s41467-021-24305-3