Overcoming the Currency Mismatch to Finance Clean Energy in Developing Countries

1 year ago 42

WASHINGTON DC, Jan 31 (IPS) - Meeting our climate change goals will require massive investments in clean energy projects, in both advanced economies and across the Global South.  But financing projects in the latter group of countries requires an increase in foreign capital inflows that will be constrained by currency exchange rate risk. Creating an innovative Exchange Rate Coverage Facility can help to overcome this constraint.

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