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Journal article Open Access Scopus Source The journal / series is indexed in Scopus (SCImago list). The article itself has not been verified. 9 Citations Quartil Q1

The support of Multilateral Development Banks to renewable energy projects in developing countries

Maria Basílio
ISLA — Instituto Politécnico de Gestão e Tecnologia
Journal of Environmental Planning and Management, 11 10 2023
DOI: 10.1080/09640568.2023.2263904 Handle: /20.500.12207/6266

Resume

Abstract
Multilateral Development Banks (MDBs) are extensively involved in the Paris Climate Agreement and play a key role in climate finance. However, the amounts recently channeled to carbon-based projects may raise doubts about this involvement. This empirical approach seeks to explore whether MDB participation actually favors renewable energy projects in developing countries, aligning with their commitment to this Agreement. An empirical analysis is conducted to explore the determinants of MDBs’ participation in energy infrastructure projects developed in 64 countries using data from 2011 to 2018 obtained from the World Bank’s Private Participation in Infrastructure Database. The results reveal that MDBs’ participation is higher in renewable energy projects, confirming their commitment to clean energy; however, this is not confirmed by the amount of financial support provided.

Keywords

#Multilateral development banks #renewable energy projects #climate finance #Paris Agreement #energy infrastructure #Developing countries #private participation in infrastructure #clean energy investment #financial support #Developing country #Finance #renewable energy #Poverty #business #Project finance

Bibliographic Details

Publication Type Journal article
Publication Year 2023
Journal / Conference / Work Journal of Environmental Planning and Management
Quartile (SCImago) Q1
Scopus Indexing Indexed source (via SCImago)

ISLA Authors & Affiliations

M
Maria do Sacramento Bombaça Basílio
maria.basilio@ipbeja.pt ID: 7C19-83C5-9D6A
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