What is the role of policy in driving investment for a just energy transition?

Public funds alone cannot fund the energy transition, but they play a critical role in catalyzing private investment. In this episode, host Daria Gazzola speaks with Diala Hawila, Programme Officer, Policy Advice from IRENA about why only a fraction of global energy transition investment reaches developing economies. They discuss how policy frameworks and public financing mechanisms can catalyze private investment, and why that model hasn’t worked equally everywhere. © IRENA 2025Unless otherwise stated, material in this article may be freely used, shared, copied, reproduced, printed and/or stored, provided that appropriate acknowledgement is given of the author(s) as the source and IRENA as copyright holder.The findings, interpretations and conclusions expressed herein are those of the author(s) and do not necessarily reflect the opinions of IRENA or all its Members. IRENA does not assume responsibility for the content of this work or guarantee the accuracy of the data included herein. Neither IRENA nor any of its officials, agents, data or other third-party content providers provide a warranty of any kind, either expressed or implied, and they accept no responsibility or liability for any consequence of use of the content or material herein. The mention of specific companies, projects or products does not imply that they are endorsed or recommended, either by IRENA or the author(s). The designations employed and the presentation of material herein do not imply the expression of any opinion on the part of IRENA or the author(s) concerning the legal status of any region, country, territory, city or area or of its authorities, or concerning the delimitation of frontiers or boundaries.

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