绿色能源转型融资（英）.ppt

该【绿色能源转型融资（英） 】是由【youyicheng】上传分享，文档一共【52】页，该文档可以免费在线阅读，需要了解更多关于【绿色能源转型融资（英） 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。FinancingtheGreenEnergyTransitionAUS$50trillioncatchNovember2023FinancingtheGreenEnergyTransition:AUS$50trillioncatch|,worldwide,sincetheIndustrialRevolution;—aninvestmentaskofaboveUS$7trillionperannumundercurrent?,low-cost?nance,bymakingprojectsbankable,couldhelpoptimizetheglobalinvestmentinitiativeandreducetheinvestmentaskbyaroundUS$2trillionperannum—aUS$50trillionbene?——bankable—,isthelatestinDeloitte’sseriesofinsightsfromthemacroanalysisaroundtheglobaleconomicimperativezeroinTheTurningPoint,tothecriticalityzero:theriseoftheGreenCollarworkforceinajusttransition,andthepotentialofnewenergyinGreenhydrogen:energizingthepath??ortinrecognizing,atitsfoundation,that?nanceiscriticaltoeconomicgrowthandakeydriverofthiseconomicmodernizatione?,munity,andDeloitte’sclients,stakeholders,-?thisend,esyoutoengagewithusandeachother,aswehelpbuildanecosystemforaction,ontheleast-cost,,butadetailedstudyinthefactorstohelpunlock?nanceinserviceofbuildingnewmarketswithnewrules,and,consequently,,thisreportplacesfocusonalessrecognizedunderstandingofthistransition—zerorequiresustocollectivelymanagethedebtandequityaspectsofglobalinvestment??Becausetheenergytransitionrequiresdevelopingeconomiesasmuchas,ifnotmorethan,thedevelopedeconomies,,de-riskingprojects,ormakingthembankable,&ClimatePracticeLeaderDeloitteGlobal03FinancingtheGreenEnergyTransition:AUS$50trillioncatch|TableofContentsForeword030506GlossaryExecutivesummary1.?Climateneutralityisanunprecedented?.?°.?Thestruggleto?.?Objective2.?Towardaclimate-.?Adynamicbutinsu?.?-zeroworld1213153.?Whatisholdingbacksustainableinvestments?.?.?.?Transformationbarriers4.?.?.?.?Investmentimplications5.?Acallforaction38Appendices424243Appendix1.?CalculationoflevelizedcostofelectricityandhydrogenAppendix2.?Deloitte’sEnergyTransitionInvestmentCalculatorEndnotes45495051AuthorsGlobalcontactsDeloitteCenterforSustainableProgress04FinancingtheGreenEnergyTransition:AUS$50trillioncatch|GlossaryGlossaryTermASEANBAUCAPEXCBIDe?nitionTermDe?nitionAssociationofSoutheastAsianNationsBusiness-as-usualIPPIndependentpowerproducerLevelizedcostofelectricity/hydrogenLow-ecountriesLCOE/HLICsCapitalexpenditureClimateBondsInitiativeClimatestresstestMDBMICsNDCNZEMultilateraldevelopmentbankMiddle-ecountries-zeroemissionsCSTCCSCarboncaptureandstorageCarboncapture,utilizationandstorage(Carbon)Contractfordi?erenceCarbondioxideCCUS(C)CfDCO2o-operationandDevelopmentOECDOPEXPPAPVOperationalexpenditurePowerpurchaseagreementPhotovoltaicCOPDBSADFIConferencesofthePartiesDevelopmentBankofSouthernAfricaDevelopment?nanceinstitutionDirectreductionofironElectricarcfurnaceR&DRoRUKResearchanddevelopmentRateofreturnDRIEAFUnitedKingdomECBEuropeanCentralBankUNUnitedNationsEIBEuropeanInvestmentBankUSUnitedStatesEmergingmarketsanddevelopingeconomiesEMDEsEPCESGEUEnergyperformancecerti?cateEnvironmental,socialandgovernanceEuropeanUnionEVElectricvehicleFiPFeed-inpremiumFiTFeed-intari?GBPGDPGHGICEGreenbondsprincipleGrossdomesticproductGreenhousegasbustionengineInternationalEnergyAgencyaryFundIEAIMF05FinancingtheGreenEnergyTransition:AUS$50trillioncatch|ExecutivesummaryExecutivesummary-zerogreenhousegas(GHG)emissionsgloballyby2050requiresafundamentaltransformationofsocietyfromthecurrentfossilfuel-centricmodeltoahighlyrenewableandelectri??transformationentailssigni?cantinvestments,ontheorderofUS$5trillion/yeartomorethanUS$7trillion/,currently,lessthanUS$,,whereaboutthree-quartersur,,greenprojects,especiallywhentheyareintheGlobalSouth,areoftennotbankable,.,theirrisk-returnpro?lesdonotmeettheinvestors’criteriatomobilizesu?-reenprojectsisthelackofprivatemoney??edtechnologicalsolutionsforclimateneutrality(renewableenergy,electri?cation,greenhydrogen,etc.)arehighlycapital-intensiveandoftennewandimmaturewithsigni?-?ectsanimmutablelawof?nance:,?nancingcosts,stemmingfromthecostofcapital,ountforasmuchashalfoftheinvestment?’sFinancingtheGreenEnergyTransitionprojectovernments,?nancialinstitutions,,asthe?rstofitsseries,addressesthisbankabilitychallengeandassessesthe?nancialinstrumentsthatcanfosterinvestmentsinthegreentransition,notablyindevelopingeconomies,focusingontheenergy-industrynexus,responsiblefor80%ofglobalgreenhousegas(GHG),Deloittecallsonitsreaderstoengageintheconversationonthefutureofgreen??’?nancialinstitutionstodevelopmechanismsandinstrumentsthatcanreducerisksandunlockprivate?,:AUS$50trillioncatch|Executivesummaryethemcanbegroupedinthreemaincategories:reducingtherisksofgreenprojects,bridgingthecostgapbetweenfossil-basedGHG-).About70%ofthoseinvestmentswouldtakeplaceinlow-andmiddle-??nanceandbringinvestmentspendingdownbyUS$2trillioneveryyear(US$50trillioncumulatively,abouthalfofglobalyearlyGDPtoday)intheperiodto2050.?Clearclimatepolicies,guaranteemechanisms,o?takeapitalmarketscansigni?,blended?nancemechanismscanreducemercialcapital?$1ofconcessionalpublic?nancecanmobilizemorethanUS$4commercialcapital,,andcollectiveactionfrominvestorsandpolicymakersareparamounttoguideinvestmentstowardgreenandsustainableprojects.?,fromunreliableo?taketounstablemacroeconomics,raise?-riskingtheinvestmentlandscapecanhelpunlockthelow-costcapitalthatwillmakethecostlyandcapital-intensiveenergytransitionmorea?,governmentswillbepivotalinmakingmoregreenprojects?bankable.?R&Dandupfrontinvestmentsupportschemes,theadditionofoperatingpremiumstogreenassetsandthepenalizationofGHG-intensiveassetsaresomeofthekeytoolstobridgethecostgapbetweengreenandGHG-(.,carbontaxandfeed-inpremiums).?Undercurrent?nancingconditions,zeroby2050cancostmorethanUS$7trillion/?nanceviainnovative?nancingstructurescanreducethecostofthetransitionbynearly40%fordevelopingcountries,loweringglobalinvestmentneedstoUS$.?pensatingfortheearlyphase-outofsomeofthefossilassetsandfacilitatingthejobtransitionofpeopleemployedinGHG-intensiveindustriestocleanonescanfacilitatethetransitionbothsociallyandeconomically,preparingthegroundworkforcuttingfossilassets.?Societiesandinvestorsshoulddealwithsigni?cantupfrontinvestmentstodayandreapthebene?,$%ofglobalGDPannually,whereasacurrentpolicypathway(alignedwith+3°Cofglobalwarming)wouldentailalmost8%,o?taker,marketliquidity,currencyandin?’?nancingcosts,makingcapital-,-quarterofthelevelizedcostofelectricity(LCOE)fromsolarpowerplantsinadvancedeconomies,,,twokeye?ortschie?yaimedatemergingeconomieswillbetode-riskprojectstolowerthecostofcapital,andtoremovebarriersconstrictingthe?owofprivatecapitaltowardgreenprojects.?,,whichaccountsforone-thirdofgreeninvestments,thatnumbershrinksto16%.Toreachclimategoals,some70%??nanceindevelopingeconomies,anet-zeroscenariowouldcostmorethanUS$7trillion/yearonaveragethrough2050(almostUS$200trillion07FinancingtheGreenEnergyTransition:AUS$50trillioncatch|1.?Climateneutralityisanunprecedented??C?limate?unprecedented?nancial?challenge08FinancingtheGreenEnergyTransition:AUS$50trillioncatch|1.?Climateneutralityisanunprecedented?.?The?struggle?to??nance?°CtheenergytransitionAnthropogenicgreenhousegas(GHG)emissionslikecarbondioxide(CO),methaneandnitrousoxide(NO)haveBoththeInternationalEnergyAgency11andInternationalRenewableEnergyAgency12estimatethataboutUS$4trillion/yearofglobalinvestmentswillbeneededuntil2050-°$