Finance is key, but fossil and nuclear lobby control…and avoid.
In the latest ESMC discussions, included the Solar Industry Forum’s last session on 9th of September almost all panellists of the European Solar Renaissance Talk claimed easier access to finance. Cheaper capital costs combined with credit guarantees as a possible way to go (the Chinese government’s key tool!). At the same time we need more cost and lobby transparency, French NGO Reclaim Finance just published a media briefing to bring to light the intense influence on the Commission. A new tool has been developed by the same NGO to analyse the financial institutions’ coal policies and give more transparency to the clients of these financial institutions.