Clean Energy Finance and Investment Mobilisation

Strengthening domestic enabling conditions to attract finance and investments in renewables, energy efficiency and decarbonisation of industry (clean energy) in emerging economies.

Forum on Green Finance and Investment

Available in:

English
français

Download the brochure

About the programme

The Clean Energy Finance and Investment Mobilisation (CEFIM) programme activities are designed to support finance and investment in clean energy according to the specific needs of each partner country. This includes the CEFIM Clean Energy Finance and Investment Review and Roadmap, various implementation support activities, investor dialogues and best practice sharing.

The programme supports countries in the development of policies and instruments to help scale up a pipeline of bankable clean energy projects.

CEFIM is supported financially by the governments of Australia, Canada, Denmark, Egypt and Germany.

Our work on countries

Our work on topics

Our activities

The OECD Clean Energy Finance and Investment Mobilisation (CEFIM) programme supports finance and investment in clean energy in emerging economies.

Programme activities are designed according to the specific needs of each country.

applies analytical framework through flexible and demand-driven approach
builds on OECD experience with Investment Policy and Environmental Performance Reviews
undertakes a holistic analysis of policy areas that affect the finance and investment environment for clean energy
considers how policies reinforce each other

leverages OECD convening power and brings together the domestic and international finance ecosystem for an implementable strategy to scale clean energy finance and investment
sets actions and time-bound milestones for related actors
provides recommendations for new financing mechanisms and innovative business models based on international experience
identifies near-term investment opportunities

The Roadmap also outlines opportunities to tailor market and policy interventions to unlock further private finance, and it evaluates the need to develop additional investment vehicles able to attract international institutional capital at suitable scales.

provide analytical support for development of policies to attract private capital, including accessing financial instruments to maximise use of limited public and development funds
formulate strategies to decarbonise industry and buildings, with a focus on accelerating energy efficiency adoption
develop tool kits to track clean energy finance and investment flows
strengthen capacity through trainings, workshops and policy dialogues

highlight clean energy investment opportunities and attract new investors
co-ordinate action with stakeholders
facilitate matchmaking opportunities by bringing together investors, project developers and policy makers

support peer learning and regional dialogues to identify common challenges and share best practices
co-ordinate action with development partners, international and domestic investors, non-governmental organisations, think tanks and research centres
apply OECD expertise and experiences in clean energy finance and investment

Related work

OECD Progress Update on Approaches to Mobilising Institutional Investment for Sustainable Infrastructure

The large need for investments in sustainable infrastructure will require investments from the private sector, including institutional investors. This working paper contributes to scaling up investments by analysing public project-level interventions for projects involving institutional investors. It presents findings from an updated database on institutional investments in environmentally sustainable infrastructure with project-level intervention by the public sector.

Learn more
OECD Guidance on Transition Finance

This guidance sets out elements of credible corporate climate transition plans, which aim to align with the temperature goal of the Paris Agreement. Such plans are needed to address the growing risk of greenwashing in transition finance and facilitate a global, whole-of-economy climate transition.

Learn more
OECD Review on Aligning Finance with Climate Goals

Aligning finance with climate policy goals is crucial for achieving net-zero greenhouse gas emissions and resilience to climate change, as called for by Article 2.1c of the Paris Agreement. Evidence-based policy making and investment decisions towards such alignment need to be informed by robust assessments. To support such efforts, this inaugural OECD Review on Aligning Finance with Climate Goals brings together best-available evidence on three core questions: (i) How is climate alignment of finance assessed? (ii) What do we know about current finance flows and stocks? (iii) What evidence exists on the role of financial sector policies and actions? The report identifies actions policymakers and financial sector stakeholders can take to improve the evidence base and better align finance with climate goals. It further sets out good practices to prevent greenwashing and inaccurate claims of climate alignment.

Learn more
OECD work in support of industrial decarbonisation

Industrial decarbonisation is a cornerstone to realising net-zero emission targets. Effective decarbonisation pathways require swift and bold action from both industry actors and governments across countries. The OECD provides data-driven and fact-based analyses and policy advice to support governments and industry in this essential journey to net zero. This brochure provides on overview of OECD work in support of industrial decarbonisation.

Learn more
Mapping financial and technical assistance for industry decarbonisation in emerging markets and developing economies

The report is the first ever mapping of financial and technical assistance to industry decarbonisation in emerging and developing economies (EMDEs). It aims to provide key trends and findings on the financial and technical assistance for industry decarbonisation in emerging and developing economies (EMDEs). The mapping report highlights different types of financing sources, such as public bilateral and multilateral assistance, private finance mobilised by official development finance interventions, philanthropies, and institutional investors. It also highlights keys areas for action based on the report’s findings that could help to increase the focus of financial and technical assistance for industry decarbonisation in EMDEs, as well as their impact on GHG emissions reduction. One key conclusion drawn from the report shows that, financial and technical assistance for industry decarbonisation in EMDEs has not received the necessary attention so far.

Learn more
Financing cost impacts on cost competitiveness of green hydrogen in emerging and developing economies

Green hydrogen, produced from water and renewable power through the electrolysis process, can play a crucial role in the low-carbon transition to achieve the net-zero emission targets. Currently, the production cost of green hydrogen is not competitive when compared to hydrogen produced from natural gas. High capital costs are a major factor constraining its cost-competitiveness. This working paper utilises financial market data to address the knowledge gap concerning the range of Weighted Average Cost of Capital (WACC) for green hydrogen projects. It also conducts a survey among investors and financiers to identify key risk factors contributing to the high WACC. The key risks that have been identified include offtaker risks, lack of credible offtakers, price uncertainty of green hydrogen, and the absence of hydrogen trading markets. These risks are closely connected to the available risk mitigation strategies and tools. The paper summarises key risk mitigation strategies identified through case studies of lighthouse green hydrogen projects that have either reached or are nearly point of reaching financial investment decisions.

Learn more

Engage with us

Designed to complement existing national initiatives, CEFIM activities are undertaken in collaboration with international organisations, finance institutions, bilateral and multilateral development partners, NGOs, think tanks and research centres.

Engage with CEFIM by contacting us at CEFIM@oecd.org

Publications

Featured publications

Data

Featured data

News & Events

Featured Events

About

Engage with us

Work with us

Publications

Featured publications

Data

Featured data

News & Events

Featured Events

About

Engage with us

Work with us

Clean Energy Finance and Investment Mobilisation

Select a language

About the programme

Our work on countries

Our work on topics

Our activities

Related work

Engage with us

Topics

Countries & regions

Data

Publications

News & Events

About

Featured topics

Agriculture and fisheries

Climate change

Development

Digital

Economy

Education and skills

Employment

Environment

Finance and investment

Governance

Health

Industry, business and entrepreneurship

Regional, rural and urban development

Science, technology and innovation

Society

Taxation

Trade

Energy

Nuclear energy

Transport

Featured topics

Agriculture and fisheries

Climate change

Development

Digital

Economy

Education and skills

Employment

Environment

Finance and investment

Governance

Health

Industry, business and entrepreneurship

Regional, rural and urban development

Science, technology and innovation

Society

Taxation

Trade

Energy

Nuclear energy

Transport

Countries A - C

Countries D - I

Countries J - M

Countries N - R

Countries S - T

Countries U - Z

Regional and global engagement

Countries

Countries A - C

Countries D - I

Countries J - M

Countries N - R

Countries S - T

Countries U - Z

Regional and global engagement

Publications

Publications

Featured publications

Data

Data

Featured data

News & Events

News & Events

Featured Events

About OECD

About

Engage with us

Work with us

Featured topics

Agriculture and fisheries

Climate change

Development

Digital

Economy

Education and skills

Employment

Environment

Finance and investment