IEA finds high cost of capital still a major barrier for clean energy in EMDEs
The International Energy Agency (IEA) has reported that the cost of capital for clean energy projects in emerging markets and developing economies (EMDEs) remains at least twice as high as in advanced economies. This disparity continues to limit energy investment flows to these regions. In its third update, the IEA’s Cost of Capital Observatory expanded its scope to include hydroelectric power and Southeast Asia. Despite global energy investment crossing USD 3 trillion in 2024, only…