The UK Government has announced a commitment to achieve net-zero emissions by 2050 by making the UK a world leader in green energy and renewables. The new scheme called Build Back Greener aims to increase jobs and reduce carbon emissions. The Government will invest £160 million into the scheme to increase offshore wind capacity. As the Government looks to use wind to generate electricity for every UK home by 2030, we look at the options for those wanting to invest in RE.
The North American Development Bank (NADB), based in San Antonio, TX, US, has emerged as an important source of financing for RE projects in the US-Mexico border region, a region of North America that is well-suited for the generation of both solar and wind energy. Over the past 10 years, the bank has provided or committed to provide around $1.8 billion in loans to partially finance an estimated $5.8 billion in solar and wind energy projects in the border region.
The Centre's Investor Network aims to bring together institutional investors, private equity funds, commercial banks, project developers and other investors to support global policy efforts and address market challenges in green and sustainable finance and investment. Investors in the Network are kept abreast of the work and events of the Centre and are invited to share their perspectives and expertise with policymakers towards green sustainable energy.