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MI Senior Representatives Discuss Challenges and Opportunities in Financing Clean Energy Demonstration Projects


On March 20-22, 2023, senior representatives from Mission Innovation (MI) member countries and collaborating organizations convened in Rio de Janeiro, Brazil for the Annual Gathering.

On March 21, the United States Office of Clean Energy Demonstrations, with support from the MI Secretariat, convened the first meeting of the MI Financing Clean Energy Demonstrations Dialogue Series. Building upon the Clean Energy Demonstrations Roundtable hosted by the US at the Global Clean Energy Action Forum in September 2022, this dialogue focused on how governments are advancing offtake mechanisms to create demand and economies of scale for products produced by large scale clean energy demonstrations. The session, which featured active participation from MI member countries, collaborating organizations, and Missions, discussed key tools and approaches they are exploring to advance offtake challenges – mechanisms like Advance Market Commitments, Contracts for Difference, and Procurement – as well as the challenges and opportunities in advancing demonstrations to decarbonize the shipping industry, a cross-cutting global challenge.

You can catch up on the key points of discussion from the Dialogue below, or click here to download the document as a PDF.