WORLDFinancing the EnergyTransition:MeetingElectricity DemandWHITE PAPERJANUARY 2025Images:Getty ImagesContentsQuotes from electricity governors3Foreword5Executive summary6Introduction81 Risk management as a driver of the energy transition92 Regional perspectives on financing the energy transition112.1 East Asia and Southeast Asia122.2 South Asia132.3 Middle East142.4 Africa142.5 Europe152.6 North America152.7 Latin America162.8 Regional disparities and common financing challenges17183.1 Government support and regulatory certainty193.2 Revenue guarantees193.3 Export-import guarantees203.4 Blended finance and philanthropy203.5 Sustainable bonds and loans214 Enabling an attractive investment environment224.1 Development finance institutions23234.3 Integrating infrastructure planning244.4 Fostering international cooperation2425Conclusion26Annex27Contributors28Acknowledgments28Endnotes29DisclaimerMembers,Partners or other stakeholders.by any means,including photocopying and recording,or by any information storage and retrieval system.Financing the Energy Transition:Meetng a Rapidy Evolving Electricity Demand 2