New Clean Energy Finance Solutions Center Ready to Help Mobilize Investment

6 December 2015

Today, as the climate negotiations continue during COP21 in Paris, the Clean Energy Ministerial announces a major scale-up of its Clean Energy Solutions Center. The scale-up is designed to help countries implement solutions post-Paris in order to achieve their clean energy and climate goals. The expansion includes new services on clean energy finance and scaling up the highly impactful Ask an Expert service.

The new Clean Energy Finance Solutions Center offers policymakers, practitioners and finance stakeholders a centralized source of information and expert advice on a broad range of clean energy finance instruments. The Finance Solutions Center helps governments and practitioners identify appropriate finance mechanisms and design and implement policies to reduce risk and encourage private sector investment, helping to achieve the transition to clean energy at the speed and scale necessary to meet local development needs and address global challenges.

To date, the Solutions Center has responded to more than 185 requests for assistance through its quick-response Ask an Expert service, providing no-cost clean energy policy support to more than 85 developing countries around the world. Sweden joins Australia and the United States in providing funding for the Solutions Center. New clean energy experts from Canada, Mexico, and the United States (through its Power Africa program) join the growing roster of consulting experts. With new financial and in-kind support recently pledged by member countries, the service seeks to fulfill 1,000 total policy assistance requests over the next five years.

See Also: Clean Energy Solutions Center Expands Policy Assistance and Provides New Services on Finance