Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Renewable energy subsidies and adoption Location: Lab 1 Session Chair: Priyanka Dutta, Indian Statistical Institute Delhi Centre | |
| Presentation 1 | |
Regional impacts of energy technologies’ cost of capital on decarbonisation 1: National Tehcnical University of Athens, Greece; 2: Basque Centre for Climate Change (BC3), Leioa, Spain; 3: CICERO Center for International Climate Research, Oslo, Norway; 4: Department of International and European Studies, Panteion University of Social & Political Sciences, Athens, Greece; 5: Bruegel, Brussels, Belgium; 6: Center for Global Sustainability (CGS), School of Public Policy, University of Maryland, College Park, MD, USA; 7: Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, Potsdam, Germany Energy sector decarbonisation, which is a prerequisite to tackling climate change, entails major low-carbon technology investments across the globe. However, currently only a fraction of those investments is directed towards emerging and developing economies, partly due to large disparities in financing conditions and perceived investment risks. We apply an empirical dataset of costs of capital, differentiated by technology and country, and explore the impacts of various plausible, expert-informed trends of (de-) risking investments in clean energy versus fossil-fuel technologies on decarbonisation pathways. We also assess the effects of a ‘corrective justice’ policy measure of risk underwriting for low-carbon investments, whereby corporate windfall profits are taxed, and the revenues redistributed as subsidies towards higher-risk regions. | |
