An IEA report prepared for the Ministerial, Reducing the Cost of Capital, shows that emerging and developing economies (outside China) account for less than 15% of total investment, despite being home to 65% of the world’s population and generating about a third of global gross domestic product. The report provides detailed insights into the risk factors that affect financing costs across seven clean energy sectors in emerging and developing economies and recommendations of what can be done to address them, based on case studies and best practices from Brazil, Colombia, India, Indonesia, Senegal, South Africa and Uganda.