Financing the energy transistion in the Netherlands: the important role of institutional investors
report
Implementing climate and energy targets will require coordinated global action inmany domains, including capacity building, institutional strengthening, and arguably most importantly financing. Transitioning to clean energy will require cumulative investments of trillions of US dollars globally (IEA, 2014, 2017; IFC, 2016; NCE, 2016). Average annual additional investments in the EU alone are expected to be roughly €38 billion between 2011 and 2030 to achieve the EU’s stated climate and energy goals (EC, 2018). Planbureau voor de Leefomgeving (PBL) has estimated that around €200-300 billion of investment will be needed between 2020 to 2040 in the Netherlands to achieve emission reductions of 80-95% from 1990 levels by 2050. These financing requirements are substantial, and research clearly shows that current investment levels are insufficient to meet the Climate Goals (Energy and MFF, 2018).
TNO Identifier
875816
Publisher
TNO
Collation
14 p.
Place of publication
Amsterdam