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1 Online-Ressource
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World Bank E-Library Archive
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This is especially important and beneficial to cities, considering the sharp increase in energy prices in recent years.In spite of the substantial benefits associated with the conversion of the installed public lighting network in Brazilian cities, major economic financial and institutional obstacles still need to be overcome.In order to reap the benefits of conversion to LED,it is necessary to design and implement business models that can enable the necessary investments.These business models must take into account the diversity of Brazil's municipalities. Furthermore,consideration must be given to designing financial solutions that can raise private sector capital while mitigating municipal credit and project performance risks
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