BNEF Brief: The Future of Renewables for Emerging Markets

The video discusses the role of concessional finance in aiding the global transition to clean energy, with a focus on emerging markets. It highlights a study co-authored by Luisa D'amato, which shows that concessional finance, provided at below-market rates by development organizations, can significantly impact power prices and accelerate the shift from coal to renewable energy. The case of India is examined, where concessional finance has the potential to make new wind plants cheaper than existing coal plants by up to four years. The video also compares scenarios in other countries like Brazil and Mexico, where new renewable plants are already competitive with new coal and gas plants, but the challenge remains to outcompete existing plants.

Discuss the significance of the study authored by Luisa D'amato regarding clean technology.

In what ways can concessional finance help in the global clean power transition?