Full report available on The World Bank.

A new World Bank report on renewable investment and climate change, "Enabling Institutional Investment in Climate Smart Infrastructure," highlights the Solar Revenue Put in a case study on refinancing on better terms.

“Refinancing and securitization can create opportunities not only for lenders to free up capital so that they can finance additional greenfield projects, but also to create ways for institutional investors who may lack the capacity or ability to invest directly in projects that support climate-smart infrastructure. New financial products can help further unlock value when used to refinance climate-smart infrastructure (kWh Analytics 2019).”