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Getting the public-private finance balance right

A more gradual, but sustainable process needs to be put in place to encourage clean energy

De-risking investment in low carbon technologies is easier said than done, requiring a careful balance between public support and private finance, WEC 2016 delegates were told on Wednesday. One of the biggest blocks to large-scale private investment in renewable energy has been uncertainty over the scale and duration of government policy, Jeroen Van der Veer, chairman of WEC's Supervisory Board, and the executive chair of Financing Resilient Energy Infrastructure at the ING financial group. He said the risk that subsidies could be withdrawn in three or four years' time meant that projects, which often needed to be highly leveraged in the first place, had difficulty attracting backing. The

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