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As inflation continues to bite, the cost of borrowing money is putting energy infrastructure projects in peril, particularly in emerging markets already facing the gravest consequences of climate change
Developed nations have a vested interest in seeing the energy transition succeed everywhere
COSTLY CASH Borrowing costs are rising worldwide because of inflation, hitting emerging markets hardest
TRANSITION THREAT The rising cost of capital risks slowing the energy transition and putting renewables at a disadvantage with fossil fuels
KEY QUOTE Actions taken by governments, such as introducing clear energy policy to remove market uncertainty, will lead to a lower cost of capital ...
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