Economic Instruments to Leverage Clean Energy Investment

The report examines the role of economic instruments in leveraging private investment for clean energy in India, Mexico, and Indonesia. It analyzes the impact of India's GST reform, Mexico's Renewable Energy Certificates (RECs) market, and Indonesia's fossil fuel subsidy reforms, concluding that economic policies must be aligned with international climate commitments to effectively signal and incentivize private sector investment.

• India, Mexico, and Indonesia are utilizing economic instruments to shift toward renewable and clean energy to meet Paris climate targets, though some existing policies may currently impede such investments.
• The report identifies three specific policy areas for analysis: the Goods and Services Tax (GST) reform in India, the Renewable Energy Certificates (RECs) market in Mexico, and fossil fuel subsidy reforms in Indonesia.
• To drive the energy transition, governments should align economic policies with NDC targets and SDGs, ensure a clear signal to investors, use public finance from these instruments to foster the transition, and maintain an evidence base for policy design and adjustment.

APA

Suharsono,, P. G. S. S. ,. B. (2018). Economic Instruments to Leverage Clean Energy Investment. International Institute for Sustainable Development. https://www.iisd.org/publications/report/economic-instruments-leverage-clean-energy-investment

Chicago

Suharsono,, Philip Gass,Shruti Sharma,Lourdes Sanchez ,Christopher Beaton,Anissa. Economic Instruments to Leverage Clean Energy Investment. International Institute for Sustainable Development, 2018. https://www.iisd.org/publications/report/economic-instruments-leverage-clean-energy-investment.

Wikipedia

{{cite report |last1=Suharsono, |first1=Philip Gass,Shruti Sharma,Lourdes Sanchez ,Christopher Beaton,Anissa |title=Economic Instruments to Leverage Clean Energy Investment |publisher=International Institute for Sustainable Development |date=11 August 2018 |url=https://www.iisd.org/publications/report/economic-instruments-leverage-clean-energy-investment |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{suharsono2018economic, author = {Suharsono,, Philip Gass,Shruti Sharma,Lourdes Sanchez ,Christopher Beaton,Anissa}, title = {{Economic Instruments to Leverage Clean Energy Investment}}, institution = {International Institute for Sustainable Development}, year = {2018}, month = aug, url = {https://www.iisd.org/publications/report/economic-instruments-leverage-clean-energy-investment}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }