Distributed ledger technology offers the potential to raise investments in small-scale renewable energy projects

Distributed ledger technology offers the potential to raise investments in small-scale renewable energy projects.

Authors: Yoshino Naoyuki, Schloesser Tim, Taghizadeh-Hesary Farhad
 
Publisher: ADB
 
Abstract
 
Distributed ledger technology offers the potential to raise investments in small-scale renewable energy projects.

To achieve the Sustainable Development Goals as well as the Paris Agreement, major investments in renewable energy production are necessary worldwide. In particular, decentralized, small-scale projects offer copious potential to create energy access as well as to contribute to an affordable, reliable, and sustainable energy supply system. In developing countries, such projects often have problems finding funding. Direct private investment tools like the community-based hometown investment trust fund address this issue and offer a way of financing for those projects. Technical developments in the sphere of distributed ledger technologies (DLTs) provide the opportunity to increase the fund’s transparency and thus improve its functioning. On that basis, we contribute to the literature in two ways: First, we delineate a concrete application of DLTs in the field of green financing, which offers the potential to increase social welfare. Second, the decision problem of investors is modeled, which illustrates through which channel the use of DLTs impacts the investors’ behavior.

This work is license under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO (CC BY-NC-ND 3.0 IGO)

Illustration Photo: Solar Panels (Public Domain from Pixabay.com)

Read more

Comments

No comments to display.

Related posts

Stevia Dessert Industry 2019 Market Size, Growth, Share, Trends, Global Statistics and Forecast Analysis 2025

Stevia Dessert Market 2019 Global Industry Report delivers the Stevia Dessert business profiles, participants, news, developing activities and policies, consumer volume and creating strategies. Stevia Dessert industry also report delivers analysis on a region, products, sales, revenue. Stevia Dessert market report emphases on overall development patterns, focused on key industry players, size, consumption volume, Forecast 2019 to 2025.
17 hours ago

Hula Hoop Industry 2019 Global Market Share, Growth, Manufacturers, Size, Segments and 2025 Forecast

New research report on Hula Hoop Market 2019 Global Industry includes detailed analysis market trends, innovations, growth, and forecast 2025. The report presents market main objective of sharing this market research report is to provide an in-depth analysis of the market share, historical data, profitability, opportunities, sales, and revenue distribution. The research study offers current market size, manufacturers’ analysis and segmentation of Hula Hoop across the globe.
17 hours ago

Curling Irons Industry 2019 Market Size, Growth, Share, Trends, Global Statistics and Forecast Analysis 2025

The Curling Irons Market 2019 Global Industry report consists of all the basic information regarding the Curling Irons Market. This report presents analysis of market trends, industry growth drivers, share, analysis, size, trends, and many other aspects. The global Curling Irons report is an essential reserve of data, primarily for the industry administrators.
17 hours ago

Ukulele Market 2019 Share, Industry Impacting Growth, Global Segments, Manufacturers and Forecast to 2025

The latest research report entitled Global Ukulele Market 2019 provides a detailed and complete global coverage of Ukulele Industry analysis from 2019 to 2025. The Ukulele report begins with the overview of Ukulele Industry growth, share, current situation, trend, size, and classification of the Ukulele Industry on the basis of Ukulele Market top players, key regions, and type.
17 hours ago

Termite Control Market by Species Type, Application, Region - Forecast to 2022

The termite control market was valued at USD 2.96 Billion in 2016. It is projected to grow at a CAGR of 5.6% from 2017, to reach USD 4.11 Billion by 2022.

Call for Projects: PoweredByTF 2.0 Challenge!

Use our alpha release of TensorFlow 2.0 to do something nifty: build a model, a mobile or web application, an art installation, or something else entirely! The sky is the limit - and creativity is encouraged. We're excited to see what you build!
Application Deadline in 2 months

Rising Consumer Demand for Low-Calorie and Healthier Food & Beverage Products Drives the Polyol Sweeteners Market

The polyol sweeteners market is projected to reach USD 3.30 Billion by 2022 at a CAGR of 5.9% from 2017 to 2022.

Call for Proposals: Core Infrastructure Fund to strengthen internet freedom, digital security, and the overall health of the internet

The Core Infrastructure Fund supports the ‘building block’ technologies, infrastructures, and communities relied upon by digital security and circumvention tools strengthening internet freedom, digital security, and the overall health of the internet.
Application Deadline in a month

Joint Replacement Market Comprehensive Analysis and Future Estimations 2024

Joint Replacement Market report also provides CAGR value fluctuation in percentage during the forecast period of 2019-2024 for the market.
18 hours ago