This Roadmap provides recommendations for mobilizing a massive and more equitable scale-up of investment in solar energy by 2030. The solution pathways and recommendations in the paper focus on tackling policy and market barriers in all solar market segments, reducing investment risk in developing and emerging economies, and spurring a new level of international collaboration to overcome global investment challenges at scale.

A renewable energy future is within our grasp: the technology is now widely available and cost-effective in most places around the world. But the current rates of deployment remain well below what is required to avert the worst impacts of climate change. The private sector is poised to invest billions of dollars to massively speed up, scale and support the energy transition. However, many investors, particularly in the private sector, are deterred by some of the risks related to renewable energy investments. As the energy transition is likely to be financed largely by the private sector, governments must work with the private sector to remove barriers and incentivize investment in renewable energy. This working paper, produced in partnership with Ørsted, focuses on the challenges and solutions to scaling investment in renewable energy generation and provides actionable policy solutions to unlock the private sector investment needed to support the energy transition.

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