Fig. 2: Low-carbon, high-carbon and reduced WACC values across the TIAM-UCL regions.
From: Higher cost of finance exacerbates a climate investment trap in developing economies
The bubble size and colour reflect the different WACC values for low-carbon (green), high-carbon (brown) technologies, and reduced values (grey). The regions represented are: Africa (AFR), Australia (AUS), Canada (CAN), China (CHI), Central and South America (CSA), Eastern Europe (EEU), Former Soviet Union (FSU), India (IND), Japan (JAP), Mexico (MEX), Middle-east (MEA), Other Developing Asia (ODA), South Korea (SKO), United Kingdom (UK), USA (USA), Western Europe (WEU). For the definition of low-carbon and high-carbon technologies, please refer to Supplementary Table 5.
