Development and Climate: Financing Challenges. Alan Miller Principal Project Officer September 2006. Observation (1): Financing Not Primarily a Liquidity Problem -- for Mitigation.
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Principal Project Officer
But aside from carbon trading, largely outside international agreements
-- South led technology development emerging, ethanol example
A Large Market
Global Annual Spending on Lighting
Source: Evan Mills, International Association of Energy Efficient Lighting
and Lawrence Berkeley National Laboratory
However, scale-up and mainstreaming of such efforts continues to pose challenges
IFC Role: “Honest Broker” or “Market Maker”
Become an aggregator and valuer of risks for small power assets, while simultaneously minimizing transaction costs and risks through standardization
Seek partners such as AES in developing this further, especially in countries that may be of particular interest