Key takeaways

• Renewable energy has emerged as the leading sector for foreign direct investment (FDI) over the past four years. Despite this growth, further investment is necessary to meet ambitious climate targets. Special Economic Zones (SEZs) should capitalize on opportunities in the renewables sector.
• New policies and regulations are needed to facilitate renewable energy investment. Starting reforms in an SEZ is sometimes a more feasible solution than introducing policies nationally. SEZs can also be a regulatory sandbox for testing new renewable energy regulations and technologies.
• SEZs that promote renewable energy can attract investors looking to meet their sustainability commitments and align with the priorities of governments and international organizations.
• By adopting renewable energy, SEZs can have a positive impact on the communities in which they operate., Reducing air pollution and greenhouse gas emissions can contribute to improved public health. Furthermore, investing in renewable energy projects can stimulate local economic growth, leading to improved infrastructure, education and healthcare services.
• SEZs should ensure an investment-friendly operating environment, adopt regulations encouraging renewable energy use, build appropriate infrastructure and consider financial incentives for reducing pollution.
• DGA Group brings together leading experts in SEZs and sustainability. Contact us to discuss how we can help you foster renewable energy investment and promote sustainability in SEZs.

Read the full insights here.

About DGA Group

DGA Group is a global advisory firm that helps clients protect – and grow – what they have built in today’s complex business environment. We understand the challenges and opportunities of an increasingly regulated and interconnected world. Leveraging the experience and expertise of Albright Stonebridge Group, a leader in global strategy and commercial diplomacy, and a deep bench of communications, public affairs, government relations, and business intelligence consultants, we help clients navigate and shape global policy, reputational and financial issues. To learn more, visit dgagroup.com and albrightstonebridge.com. 

For additional information or to arrange a follow-up, please contact Michael Castle-Miller, Partner & Lead in the SEZ Practice and Melissa Kopolow, Associate Partner and Sustainability Practice Lead.