The cost of capital and how it affects climate change mitigation investment (Grantham Briefing Paper)

My colleague Charlie Donovan and I recently published a briefing paper, commissioned by the Imperial College Grantham Institute for Climate Change and the Environment. Key points and link to download the paper are below: The cost of capital, also known as the minimum required rate of return, is a crucial factor in investment decision-making in […]

Apollo has landed: the role of the private sector in completing the race for 100% renewables

In the lead-up to the UNFCCC Conference of Parties (COP) in Paris, there was a lot of buzz in the mainstream business press about the need for research and development that could lead to breakthroughs in the cost of clean energy technologies. Over the summer, Financial Times commentator Martin Wolf called for a “moonshot to […]

‘Powering the Future': New models in renewable energy finance

Over $200 billion is spent each year on financing renewable energy projects, a global investment market set to expand at double digit growth rates far into the future. Renewable Energy Finance describes in rich detail current best practices and evolving trends in clean energy investing. With contributions from some of the world’s leading experts in […]

A return to ‘Gentlemanly Capitalism’: The role of private equity in Africa

Gentlemanly capitalism is a theory first put forward by P. J. Cain and A. G. Hopkins in the 1980s before being fully developed in their 1993 work, British Imperialism – a book I became very familiar with as a History undergraduate studying a very ‘old hat’ module on the economics of empire. The theory originally referred […]

Is 2% enough or is time for basic income? Reforms to make India’s ‘Invisible Hand’ more visible (LSE Review of Books)

How do you ensure the distribution of wealth in one of the world’s poorest countries, when it has one of the highest number of billionaires in the world? An interesting intervention by the Government of India was revealed by the World Economic Forum today… When corporation tax and tax breaks for corporate philanthropy are not enough to […]