Innovative Financing for Renewable Energy
Renewable energy holds great promise for solving the world's energy needs with minimal climate change and pollution consequences. Financing most renewable resources is that they have relatively high initial costs for capital equipment and training, followed by very low costs for the remainder of their lifetime as a result of their utilization of free basic resource inputs. Advances in renewable energy technologies, novel financial instruments, and evolving mobile communication technologies, have spurred creative upfront financing for renewable energy infrastructure.