Unlocking private investment as a new determinant of green finance for renewable development in China

The COVID-19 pandemic has pushed up the green finance for renewable energy development. Private investment has been recognized as a dominant driver of the renewable energy industry, an essential and critical step in averting greenhouse gas emissions. Nonetheless, despite the increasing pace, private investment in green finance for renewable development is still restricted to several developed nations, where it is crucial. Prior studies have offered some understanding of the complexities and challenges that investment confronts in this industry, which remains underexplored in the case of China. This study employs the ARDL-PMG model used to examine the public listed companies in Shanghai and Shenzhen during China's 2010–2020 period. This research adds to the body of knowledge by rigorously examining the variables on FDI in renewable energy production in China and how these effects differ depending on the source of investment. Some of these factors include the adoption of national renewable energy legislation, the supply of foreign public money, and the broader economic environment. The findings indicate that worldwide financial assistance, legislative support policies, feed-in tariffs, and economic stability are potent drivers of green finance for developing renewable energy investment in China. Further, this research explains that the impacts of private sector investment and entrepreneurial contextual factors on expenditure vary depending on the source of finance, emphasizing the importance of dissecting investment spreads to fully comprehend private investment decisions in green finance for renewable development. © 2022

Grasping the nettle of private finance will be essential to rebuilding the UK after Covid-19

The Covid-19 pandemic has resulted in Britain's biggest debt in over 60 years. But the country also needs to spend over £600 billion to stimulate economic recovery as well as meet its target of net zero greenhouse gas emissions by 2050. While the UK government's private finance initiative model for procuring public infrastructure has fallen out of favour, private investment can deliver major public benefits if properly managed. This paper highlights both good and bad outcomes of private finance initiatives around the world and suggests how they can best be used to support the UK government's long-term aspirations to 'build back better' and meet its climate targets. The key is to focus on specific projects and to structure deals to provide quality, value for money and longevity. © 2022 ICE Publishing: All rights reserved.