About Tim SchloberTim Schlößer is graduate student of economics at the University of Bonn, Germany, and a visiting graduate student at Keio University, Tokyo.
To meet obligations under the Paris Agreement, major investments in renewable energy production and infrastructure are necessary. However, as public budgets are tight and because of Basel capital requirements, major public investments are unlikely to provide sufficient liquidity. Since most renewable energy projects are considered risky, many financiers are reluctant to lend to them or they lend at high interest rates. This lack of financing has to be overcome.
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