Building resilience
to climate change
Moving towards
low carbon societies
Reducing Emissions
from Deforestation
and forest Degradation
New finance models
for the green economy

WG 1: Large Scale on-grid RE power projects

(incl. carbon finance projects)

Working group 1 is mandated to examine:

  1. Existing typical large-scale (on-grid) renewable energy projects in GEF eligible countries which can also be applied for Clean Development Mechanism (CDM) in order to:
    • Identify how key risks and barriers perceived by financiers can be mitigated through risk management instruments and structures
    • Assess successful instruments and structures and/or alternative new approaches that can be replicated or adapted in GEF eligible countries based on public-private-partnership.
  2. The practicability and constraints of developing such instruments and structures, delineating the risks that the private sector could assume and those it cannot, and recommend possible modalities of such instruments and structures with public support to kick-start the market.

Publications and reports

Assessment of Financial Risk Management Instruments (PDF - 4,3 MB), UNEP Working Group 1 Study Report on a Large Scale Wind Farm in China [Marsh]

Extension assessment studies for Biomass and Wind Farm projects in India and Egypt (PDF -223 KB) [Marsh]