Browse themes
About publications

Information for 10203IIED

Climate finance for hydropower

Sejal Patel, Clare Shakya, Neha Rai

Issue paper, 42 pages

Climate funds should facilitate the transition to a low-carbon and climate-resilient future. Energy storage and ancillary grid services are critical to expanding the proportion of intermittent renewable generation on the electricity grid. Hydropower remains the largest and most cost-effective provider of bulk energy storage, offering the flexibility to provide most other recognised grid services. While sustainable hydropower may not broadly meet climate finance criteria, hydropower projects with the necessary characteristics for transition do meet these objectives and should attract climate finance support. Meanwhile, concerns about the social and ecological integrity of hydropower, such as the impact it may have on local communities, provide more reasons for climate finance to incentivise hydropower designs that are socially, environmentally and technically appropriate for future conditions, supporting the shift to accessible, affordable, clean, distributed smart grids.

Publication information

Download and Sharing

Free PDF 952k

Share with your network:

Project information

Thousands of large dams are currently planned or under construction around the world. How can we ensure we maximise their benefits while minimising the negative impacts?

More at www.iied.org:

We use cookies to help improve this website. Clicking any link on this site will be taken as your consent to this.