The number of United States homeowners who have their own solar panels has been growing steadily since 2000. But as that market slows, the industry’s focus is shifting to the huge swath of customers who can’t put panels on their own roofs.
Climate change can be said to be the biggest challenge ever faced globally. What makes it worse is that the smallest contributors to climate change are sometimes the most affected. And to crown it all, corruption is a threat to financing measures to combat and adapt to the rapidly changing climate.
Leonardo Martinez-Diaz is the global director for World Resources Institute’s Sustainable Finance Center. He is an expert on climate finance who has worked with many organizations. In a recent interview, he reflected on prospects for public and private investment in climate actions.
One of the main criticisms of the renewable-energy industry is that it has been propped up by government subsidies. There is no doubt that without government help, it would have been much harder for the nascent technology to mature. But what’s more important is whether there has been a decent...