Over the past two decades, initiatives have successfully mobilized capital in 47 emerging and developing economies, demonstrating the potential for growth in these markets.

The WEF platform showcases four integrated national approaches with case studies from Brazil, Chile, Egypt, and India, highlighting successful mobilization of billions for clean energy projects.

Key success factors for these projects include stable government policies, tax incentives, investment guarantees, currency hedging, and innovative financing structures like debt swaps.

Samaila Zubairu, CEO of the Africa Finance Corporation, stressed the importance of challenging misconceptions about EMDEs and pointed out the availability of innovative solutions tailored for these markets.

The World Economic Forum (WEF) has introduced the Playbook of Solutions, a digital platform that outlines 100 policy measures and financial strategies aimed at boosting clean energy investments.

This Playbook serves as a guide for stakeholders in the energy and finance sectors, emphasizing the need for collaborative efforts to unlock the necessary $1.7 trillion in investments for energy transitions in the Global South.

To achieve a threefold increase in renewable energy by 2030, annual investments must rise to at least $1.7 trillion, which requires a five to sevenfold increase in current funding levels.

Emerging markets and developing economies (EMDEs) are projected to account for 90% of the increase in global energy demand by 2035, yet they currently receive less than 20% of global clean energy investments.