Renewable energy/Wind power in Pakistan

Guarantee Instrument

Publication date:
2015-08-27
Language:
English
Description:
Wind power offers a cleaner alternative than fossil dependent energy production. As the technology becomes more affordable, through inter alia economies of scale, renewable energy should become a sustainable option in areas suitable for wind power technology. Despite this, attracting capital to this industry remains difficult in almost all economies. In the developed countries barriers are lowered by state subsidies, whereas developing countries lack such supports and a guarantee can function as a stepping-stone between the project and financiers.

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