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The Financing of the Global Energy Efficiency and Renewable Energy Fund (GEEREF). CEPS Policy Brief No. 190, 23 June 2009

Behrens, Arno (2009) The Financing of the Global Energy Efficiency and Renewable Energy Fund (GEEREF). CEPS Policy Brief No. 190, 23 June 2009. [Policy Paper]

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    Abstract

    In an effort to address the financing gap for clean energy projects in developing countries, the Global Energy Efficiency and Renewable Energy Fund (GEEREF) was set up in late 2008 as an innovative financing instrument aimed at leveraging private investments with public funds. The purpose of this CEPS Policy Brief is to give an update on GEEREF with a special focus on its financing and possible impacts of the financial crisis. The paper concludes that the strength of GEEREF is not its current financial volume but the innovative nature of the instrument. If well implemented from the start, it may not only attract financial support from other donors, but may also serve as a role model for the creation of similar public private partnerships.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy
    EU policies and themes > Policies & related activities > environmental policy (including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 25 Jun 2009
    Page Range: p. 10
    Last Modified: 15 Feb 2011 18:13
    URI: http://aei.pitt.edu/id/eprint/11230

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