
The broader financial system plays a key role in channeling capitals towards energy efficiency technologies to meet the climate goals. In this study, we analyse the market for energy efficiency finance as a complex system, where interactions of heterogeneous investors give rise to large scale investment trends. By analysing the investment system as an evolving network of inter-linked investors, this study identifies the key actors that have directed investment flows in energy efficiency technologies, patterns of investors’ interactions in terms of co-investments and the evolution of the investment landscape. These elements are critical to deploy instruments of public finance and policy effectively to accelerate the energy efficiency technologies deployment.
Year2020Linkpapers.ssrn.comAuthorsNadia Ameli, Sumit Kothari, Giacomo Livan, Guido Caldarelli