Shop : Details
Shop
Details
59,80 €ISBN 978-3-8440-9553-1Softcover248 pages35 figures321 g21 x 14,8 cmEnglishThesis
July 2024
Michel Köhler
The Sustainable Infrastructure Pension
Exploring the potential of pension systems to finance sustainable energy development
To achieve the internationally adopted greenhouse gas emission reduction and universal energy access objectives, large volumes of private capital for financing sustainable energy supply infrastructure will be needed over the upcoming decades. At the same time, demographic pressure on retirement systems leads to a growing establishment of capital-based pension schemes that operate in a post-financial crisis, low interest-rate environment and seek for alternative investment options. This thesis explores the innovative idea of linking pension savings with sustainable energy financing needs in a joint approach, framed as Sustainable Infrastructure Pension (SIP). In its basic concept, the SIP scheme allocates its member contributions to sustainable energy infrastructure assets. Generated revenues sustain the retirement system and enable further investments or provide pension payments to its members.
The thesis’ main findings include the identification of preconditions for a successful SIP operation, a quantitative cash-flow simulation of the SIP capital mobilization potential in an industrialized and developing country, namely Germany and the Seychelles and a qualitative assessment of positive and negative SIP implications. Although those implications are highly country specific and the SIP design needs to reflect individual country characteristics, a generalization of favorable key patterns, most notably a broad coverage of work force, is possible and indicates applicability to many different contexts. Thus, this thesis’ findings suggest the implementation of SIP schemes as a solution to address pension reform challenges and to support and finance ambitious and rapid energy transitions in many developing and industrialized countries.
The thesis’ main findings include the identification of preconditions for a successful SIP operation, a quantitative cash-flow simulation of the SIP capital mobilization potential in an industrialized and developing country, namely Germany and the Seychelles and a qualitative assessment of positive and negative SIP implications. Although those implications are highly country specific and the SIP design needs to reflect individual country characteristics, a generalization of favorable key patterns, most notably a broad coverage of work force, is possible and indicates applicability to many different contexts. Thus, this thesis’ findings suggest the implementation of SIP schemes as a solution to address pension reform challenges and to support and finance ambitious and rapid energy transitions in many developing and industrialized countries.
Keywords: climate finance; energy transition; pension schemes
Schriftenreihe der Reiner Lemoine-Stiftung
Edited by Reiner Lemoine-Stiftung, Neuss
Available online documents for this title
You need Adobe Reader, to view these files. Here you will find a little help and information for downloading the PDF files.
Please note that the online documents cannot be printed or edited.
Please also see further information at: Help and Information.
Please also see further information at: Help and Information.
| Document |  | Document | ||
| Type |  | |||
| Costs |  | 44,85 € | ||
| Action |  | Purchase in obligation and download the file | ||
| Document |  | Table of contents | ||
| Type | | |||
| Costs |  | free | ||
| Action |  | Download the file | ||
User settings for registered online customers (online documents)
You can change your address details here and access documents you have already ordered.
User
Not logged in
Export of bibliographic data
Shaker Verlag GmbH
Am Langen Graben 15a
52353 Düren
Germany
Am Langen Graben 15a
52353 Düren
Germany
Mon. - Thurs. 8:00 a.m. to 4:00 p.m.
Fri. 8:00 a.m. to 3:00 p.m.
Fri. 8:00 a.m. to 3:00 p.m.
Contact us. We will be happy to help you.
