Financing Green Energy: Unlocking Private Investment in Renewable Energy
The drivers of private investment in renewable energy are assessed by source of financing, namely asset finance, corporate R&D, public markets, and venture capital and private equity. In particular, controlling for macroeconomic and financial market conditions, the role of public policies on renewable energy (public investment in R&D, feed-in-tariffs, and tax incentives) in leveraging private investment is examined for a sample of Asian and other economies.