The DREI framework was launched in 2013 with the publication of the original DREI report, focusing on utility-scale renewable energy. This report sets out the methodology’s theory of change, identifying the need to reduce the high financing costs for renewable energy in developing countries as a key task for policymakers acting today. The report then describes the framework’s four stages: (i) risk environment, (ii) public instruments, (iii) levelised cost and (iv) evaluation. To illustrate how the framework can support decision-making in practice, the report presents findings from illustrative case studies for utility-scale, on-shore wind energy in four developing countries. It then draws on these results to discuss possible directions for enhancing public interventions to scale-up renewable energy investment.

The framework is accompanied by an LCOE financial tool for policymakers in Microsoft Excel.

The original DREI report and financial tool are available for download on this page (top right-hand corner). The following materials are available:

• Full Report (PDF) (English)
• Executive Summary (PDF) (English)
• Key Concepts Note (PDF) (English, French, Spanish)
• LCOE Financial Tool (Excel) (USD) (Version 2.1, May 2018)

For more information on UNDP’s derisking work, please visit the main DREI page.