Evaluation of Renewable Energy Investments from Public Financial Institutions

Renewable energy sources have become a compelling investment proposition, and investment into renewable power has grown in the recent years. Scale up renewable energy investment is critical to accelerate the global energy transformation and reap its many benefits, while achieving climate and development targets. Public finance institutions provide public money to support public and private sector projects as well as policies and programmes that serve the public good with economic, environmental, or social benefits. Several such institutions have been established and resourced with the aim of supporting renewable energy investments such as: international financial institutions, development finance institutions, local financial institutions, export credit agencies, and climate finance institutions. The main aim of this paper was to analyze the investments provided by this type of institutions in the renewable energy sector in the world with a specific focus on European Union member states in 2009–2016.