The factors that stop climate finance from being channelled toward investments in decentralised energy access can be divided two types:
General barriers that hold back all types of public and private investment from reaching low income energy markets and decentralised, renewable energy in developing countries. These barriers are very wide-ranging and cover issues such as market development, maturity of business models, and political risk factors.
Specific barriers within the structure and practice of climate spending, for example in terms of particular funds’ goals, instruments and governance, or countrypreparedness for receiving climate finance.
There is significant overlap between the two: for...