Private sector engagement
Historisk arkiv
Publisert under: Regjeringen Stoltenberg II
Utgiver: Utenriksdepartementet
Artikkel | Sist oppdatert: 08.07.2013
Using public money to leverage private investment is a key to unlocking the green growth potential. Energy+ promotes public–private partnerships and the strategic use of public financing to minimise investment hurdles and barriers.
Using public money to leverage private investment is a key to unlocking the green growth potential. Energy+ promotes public–private partnerships and the strategic use of public financing to minimise investment hurdles and barriers.
A sizeable amount of public funding is represented in the Energy+ Partnership, as well as significant potential for leveraging capital from the private sector over time. Public funds will be used to develop enabling environments for commercial investments. Although many of the markets in question are immature, the present and future needs for clean and affordable energy represent a considerable market opportunity. According to the International Finance Corporation (IFC), the energy poor spend USD 37 billion each year on low-quality energy solutions.
Serious investors with a long-term outlook and patient money may consider renewables to have greater market potential and give better returns than fossil fuels.
Government commitment and supportive policies are vital for success. Key factors here are strong governance, effective regulatory frameworks and competent institutions that minimise political and economic risks. Well-designed and stable policy, regulatory frameworks and support schemes are also critical for facilitating business participation in the energy sector.
Read more from the Energy+ roundtable meetings in Washington DC and in Nairobi.