KETEP 세계에너지시장정보

ACRONYMS AND ABBREVIATIONS  ........................................................................................6

EXECUTIVE SUMMARY ............................................................................................................7

1. INTRODUCTION ................................................................................................................11

2. AFFORDABLE FINANCING FOR THE ENERGY TRANSITION IN EMERGING MARKETS AND DEVELOPING ECONOMIES ...14
 Key messages ..................................................................................................................................14
 2.1 Investment trends .....................................................................................................................15
 2.2 Investment risks .......................................................................................................................20
 2.3 Lowering the impact of risks on the cost of capital ..............................................................25
 2.4 Emerging approaches to financing renewable energy projects ........................................34
 2.5 Making financing more affordable through public financing from the G20 .....................38

3. USING ENERGY PLANNING TO DRIVE INVESTMENT ...........................................................42
 Key messages .................................................................................................................................42
 3.1 Long-term energy planning as a foundation for investment ...............................................43
 3.2 Five case studies of effective energy planning ....................................................................45
 3.3 Components of effective energy planning ...........................................................................48
 3.4 The role of international collaboration  .................................................................................54

4. SUSTAINABLE FUELS FOR THE ENERGY TRANSITION (WITH A FOCUS ON BIOFUELS) .............56
 Key messages .................................................................................................................................56
 4.1 Introduction .............................................................................................................................57
 4.2 Sustainable fuels and the energy transition .........................................................................59
 4.3 Strategic implications of sustainable biofuels in regional contexts ....................................61
 4.4 Complementary functions of sustainable fuels in international and trans-regional trade.....63
 4.5 Harmonising sustainability governance systems for energy, carbon and environmental management .....64
 4.6 Integrated strategies for large-scale deployment of sustainable fuels ..............................67

5. SOCIAL DIMENSIONS OF A JUST AND INCLUSIVE ENERGY TRANSITION ...........................71
 Key messages .................................................................................................................................71
 5.1 Introduction .............................................................................................................................73
 5.2 Evolving notions of a just and inclusive energy transition ...................................................73
 5.3 Identifying social challenges of the energy transition ..........................................................74
 5.4 Opportunities for a socially inclusive energy transition: Policy considerations .................75
 5.5 Opportunities for a socially inclusive energy transition: Financing considerations ..........78

REFERENCES .........................................................................................................................80