An Opportunity for New Climate Finance Innovations to Expand Energy Access in Fragile Countries
Jan 13, 2025
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Energy Peace Partners
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EPP developed the Peace Renewable Energy Credit (P-REC) as a solution for corporate clean energy buyers to support high-impact renewable energy generation and expand energy access for communities in fragile settings. P-RECs represent part of the mosaic of private sector climate solutions that address the renewable energy finance gap, which requires a tripling of annual financing for renewables to keep global warming under 1.5° Celsius.