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2019 Country Posters
The document describes the Caribbean's approach to a green economy, defined by the Caribbean Natural Resources Institute (CANARI) as aiming for long-term prosperity through equitable benefit distribution and ecological management. It highlights the increasing importance of resilience following the 2017 hurricanes and the emerging, though still conceptually unclear, 'blue economy' framework promoted by international actors. Key sectoral efforts focus on renewable energy (solar, geothermal, and wind) and greening the tourism industry. The text details various multi-stakeholder and intergovernmental initiatives, including the Caribbean Green Economy Action Learning Group, the Santa Cruz Declaration on Local Green Enterprises, and the Organisation of Eastern Caribbean States' (OECS) commitment to a strategic action plan for an inclusive green economy. Specific national examples include Grenada's 2016 Blue Growth Coastal Master Plan and the development of a Local Green-Blue Enterprise Radar in Trinidad and Tobago.
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Document type: Fact sheet
Kiribati Joint Implementation Plan for Climate Change and Disaster Risk Management
The Kiribati Joint Implementation Plan (KJIP) 2019-2028 is a strategic roadmap designed to increase national resilience through a 'whole-of-country approach.' It identifies 12 major strategies covering governance, food and water security, health, infrastructure, renewable energy, and climate finance. The plan emphasizes the extreme vulnerability of Kiribati's atoll geography to sea-level rise and extreme weather, while specifically integrating gender-responsive actions and the inclusion of vulnerable groups. It formalizes the Kiribati National Expert Group (KNEG) as the primary advisory and coordination body to ensure that climate adaptation is mainstreamed into ministerial operational plans and national budgets.
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Document type: Report
Tracking SDG7: The Energy Progress Report 2019
The world is making progress toward SDG 7 but is not on track to meet 2030 targets at current ambition levels. While electricity access has expanded significantly, particularly in India, Bangladesh, and Kenya, Sub-Saharan Africa still faces a massive deficit. Clean cooking access is lagging due to population growth, and while renewable energy and energy efficiency are improving, they remain below the required rates to meet 2030 goals. Achieving these targets will require a substantial increase in annual investments across all three areas.
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Document type: Executive summary
CONNECTED & FLOWING
The report advocates for a shift in the role of hydropower within global energy grids, moving away from high-impact dams toward a mix of wind, solar, storage, and low-impact hydropower. It demonstrates through modeling in Chile and Uganda that protecting free-flowing rivers and national parks has minimal impact on system costs. The document highlights the Mekong River basin as a critical area where strategic planning could prevent the loss of migratory fish biomass and delta sediment. It concludes that achieving this vision requires system-scale planning, regulatory reform, and redirected financial flows from multilateral development banks and institutional investors.
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Document type: Report
Green Bond Fact Sheet
The Chongqing Three Gorges Bank issued a CNY 3 billion (USD 436.9 million) green bond on 27 December 2018 with a three-year tenor. The proceeds are designated for energy saving, pollution prevention, resource conservation and recycling, clean energy, and ecological protection and adaptation. The Climate Bonds Initiative (CBI) included the bond in its database because hydropower accounts for only 3% of total proceeds and other allocations align with the PBoC catalogue and CBI taxonomy, though the bond may be excluded if future reporting shows the actual use of proceeds fails to meet CBI definitions.
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Document type: Fact sheet
SOUTH AFRICA’S LOW-EMISSION DEVELOPMENT STRATEGY 2050
South Africa's Low-Emission Development Strategy (SA LEDS) 2050 establishes a framework to place the country on a low-carbon trajectory while ensuring socio-economic development. The strategy focuses on a 'peak, plateau and decline' (PPD) emissions trajectory, with a peak projected between 2020 and 2025. Key interventions span the energy sector (diversifying the electricity mix via the Integrated Resource Plan and REIPPP), industry (energy efficiency and carbon taxes), AFOLU (conservation agriculture and afforestation), and waste (waste-to-energy and recycling). The document emphasizes a 'Just Transition' to protect vulnerable workers and communities, supported by research into hydrogen, fuel cells, and carbon capture and storage. Implementation relies on a combination of domestic funding and international climate finance.
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Document type: Report
energy in the american mind
The report finds broad bipartisan support for transitioning to 100% clean, renewable energy by 2050, with 85% of registered voters supporting such a requirement for utilities. While most Americans view clean energy positively and believe it will boost economic growth, there is a significant gap in awareness and access to purchasing 100% clean electricity. Support for renewable energy research and tax rebates for energy-efficient vehicles has increased between 2013 and 2018, particularly among conservative Republicans.
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Document type: Report
Politics & Global Warming
The report finds that a majority of US registered voters believe global warming is happening and human-caused, with notable increases in these beliefs among Republicans. There is broad cross-party support for clean energy policies like the Green New Deal and carbon taxes, though voters remain split on fossil fuel expansion. While many express a willingness to take collective action, few have actually contacted elected officials in the past year.
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Document type: Report
DEBT FOR EQUITY UTILITY REFINANCE
The document argues that replacing high-cost equity with lower-cost corporate debt or securitized bonds can reduce consumer rate increases associated with the early retirement of fossil fuel plants. It examines the trade-offs between shareholder returns and consumer costs, suggesting that refinancing 'regulatory assets' can mitigate stranded asset risks and accelerate the transition to clean energy resources like wind and solar.
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Document type: Briefing
DEPRECIATION AND EARLY PLANT RETIREMENTS
The document analyzes the role of depreciation in managing stranded assets during the early retirement of coal-fired power plants. It explains how regulators can use depreciation schedules and 'regulatory asset' accounts to balance the interests of utilities, consumers, and clean energy advocates. Key policy options discussed include accelerating depreciation to match retirement dates or extending schedules to reduce immediate rate shocks for consumers. The brief also highlights the potential for refinancing high-cost equity with lower-cost debt to lower the overall cost of the energy transition.
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Document type: Briefing
NEW TOOLS TO MANAGE FINANCIAL TRANSITION FROM UNECONOMIC COAL TO CHEAP, CLEAN POWER
The document outlines a framework for transitioning from uneconomic fossil fuel power plants to cheaper clean energy, specifically addressing the financial challenges faced by regulated utilities. It highlights the need for regulatory adaptation because utilities may attempt to keep uneconomic plants operational to maintain rates of return. The briefing introduces four specific areas of focus: analyzing the financial impact of transitioning from fossil to clean energy (using Colorado as a case study), the 'steel for fuel' concept where capital is reinvested in renewables to improve shareholder earnings, the role of depreciation accounting in determining asset value during early retirements, and the use of debt-for-equity refinancing to reduce the rate burden on consumers when addressing unrecovered investment balances.
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Document type: Briefing
STEEL FOR FUEL: OPPORTUNITIES FOR INVESTORS AND CUSTOMERS
The policy brief examines the "steel for fuel" strategy, where utilities replace fossil fuel plants—which incur pass-through fuel costs with no earnings potential—with wind and solar assets that allow for regulated equity returns. Using Xcel Energy as a primary example, the document explains how this transition can reduce consumer bills through fuel savings while maintaining or increasing shareholder value. It highlights the role of competitive bidding and the balance between utility ownership and independent power producers (IPPs) to ensure the lowest costs for consumers.
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Document type: Policy brief
India Energy Subsidy
The document outlines proposed amendments to India's Electricity Act 2003 to introduce direct benefit transfers for subsidies and promote renewable energy. It notes a government ambition to increase its renewable energy target to 225 GW by 2022, though external analysts are less optimistic. The report highlights a rising fiscal burden from oil subsidies, potentially reaching USD 7.4 billion in FY2019, and details significant financial stress in the power sector. Additionally, it covers the expansion of LPG connections for poor women and the transition of several states to become kerosene-free.
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Document type: Briefing
Achieving 100 Percent Clean Electricity
California has established a target of 100 percent carbon-free electricity by 2045 and increased its renewable energy requirement to 60 percent by 2030. To reach these goals, the Union of Concerned Scientists proposes ten strategies: improving energy efficiency (especially during evening hours), diversifying renewable sources (wind, solar, geothermal, and low-carbon bioenergy), phasing out natural gas equitably, using renewables for grid reliability services, investing in multi-timescale energy storage, integrating western electricity markets, leveraging distributed energy resources, electrifying buildings and transport, shifting demand to match production, and developing a skilled workforce.
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Document type: Policy brief
De-Risking Decarbonization
The author contends that a 100 percent renewable energy pathway to decarbonization is risky because it depends on the simultaneous success of multiple uncertain elements, including wind and solar scaling, transmission grid expansion, seasonal storage, load management, and public funding. Using a probabilistic example, the text illustrates that if five essential elements each have a 90% chance of success, the cumulative probability of success drops to 59%. The document proposes 'de-risking' the energy transition by pursuing multiple independent technology paths in parallel, which mathematically increases the overall likelihood of achieving full decarbonization.
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Document type: Statement
CRESCIMENTO ECONÔMICO MAIS SUSTENTÁVEL PARA O BRASIL
The report argues that Brazil can align its economic growth with climate commitments by increasing agricultural productivity on degraded lands, diversifying its energy matrix with renewables, and improving transport infrastructure. It concludes that the financial returns of climate-friendly investments will outweigh the costs, with specific opportunities to double agricultural production without further deforestation and reduce total energy system costs through decarbonization.
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Document type: Executive summary
Energizing Renewables in Indonesia: Optimizing Public Finance Levers to Drive Private Investment
The report analyzes Indonesia's public finance levers for clean energy, finding that while IDR 12.4 trillion was provided between 2012 and 2016, this is insufficient to meet the 2025 target of 23% renewable energy in the primary energy mix. It identifies key barriers to private investment, including high financing costs and a lack of long-term debt, and argues that capital injections into local development financial institutions (DFIs) like SMI and the use of guarantees are more effective at leveraging private capital than direct budget appropriations. The report recommends adjusting tariff structures to ensure project viability and expanding the role of DFIs to bridge financing gaps.
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Document type: Report
INTRODUCTION TO THE VIRTUAL POWER PURCHASE AGREEMENT
The document defines the virtual power purchase agreement (VPPA) as a purely financial transaction where a corporate buyer guarantees a fixed price for renewable energy generation in exchange for renewable energy certificates (RECs) and a floating market price. Unlike physical PPAs, VPPAs do not involve the buyer taking ownership of physical electrons, allowing companies with distributed loads or those in regulated markets to meet sustainability goals without changing their retail utility relationship. The guide highlights that VPPAs are the fastest-growing transaction structure in the US corporate renewable energy market because they are scalable and accessible to buyers without energy trading expertise.
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Document type: Guide
The Nuclear Power Dilemma
The Union of Concerned Scientists finds that over one-third of US nuclear plants are unprofitable or scheduled to close, primarily due to low natural gas prices. Without new policies, early retirements could increase power sector carbon emissions by 4% to 6% by 2035 as plants are replaced by natural gas and coal. The report argues that national carbon pricing or a low-carbon electricity standard would preserve existing nuclear capacity, diversify the energy mix, and significantly reduce emissions with minimal impact on household electricity bills. It further recommends that any financial support for distressed plants be contingent on high safety performance ratings from the NRC and transparency in financial reporting.
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Document type: Report
Integrated Resource Plan 2018 – groundWork comment
The commentary argues that the IRP 2018 is a form of 'climate denial' that lacks a meaningful carbon constraint and continues to prioritize coal and gas over cheaper, cleaner renewables. It highlights the severe health costs of air pollution from Eskom and criticizes the public consultation process as exclusionary. The authors advocate for a total phase-out of coal, the rejection of new extractive gas projects, and a transition to a socially owned renewable energy system that creates jobs and ensures energy justice for the poor.
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Document type: Statement