- Other than market forces, the renewable industry often needs government sponsorship to help generate enough momentum in the market. Many countries and states have implemented incentives — like government tax subsidies, partial co-payment schemes and various rebates over purchase of renewables — to encourage consumers to shift to renewable energy sources. [61]
- Governments have been granting funds for research in renewable technology to make production cheaper and generation more efficient. [62]
- Development of loan programs that stimulate renewable-favoring market forces with attractive return rates, buffer initial deployment costs and to entice consumers to consider and purchase renewable technology. A famous example is the solar loan program sponsored by UNEP helping 100,000 people finance solar power systems in India. [63]
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