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 […]

Building socially and economically sustainable business models in Africa: Energy for Development

It was September 2012, and the Energy for Development (E4D) team was returning from their first visit to Kitonyoni, an off-grid, rural market district in Makueni County, Kenya. An hour into the flight, they were discussing why so many rural electrification projects in developing countries tend to fail and fall into disrepair. Determined not to […]