The Danish Embassy cooperates with IRENA and the State of Green to organize and host
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Lending Domestic Currency Accelerates The Transition to Renewable Energy
To accelerate the transition to renewable energy sources, the deployment of renewable energy technologies must be scaled up. The renewable energy sector is becoming more attractive for those looking for more cost-efficient and stable energy sources through the years as costs for its deployment steadily decline. However, there are locations wherein most investments in renewable energy resources come from credit export organizations and international developments. Because of their low willingness to risk technologies not yet proven in their vicinity, domestic financial institutions are reluctant to lend financial aid to projects in developing renewable energy technologies …
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