Readiness for Investment in Sustainable Energy (RISE), developed by the World Bank Group, is a suite of indicators that assesses the legal and regulatory environment for investment in sustainable energy. It establishes a framework for better depicting the national enabling environment to attract investment into sustainable energy.
RISE is aimed at policymakers who focus on actions within their control. Creating this environment is directed by policymakers—the primary constituency RISE aims to influence. RISE supports the achievement of the objectives of the Sustainable Energy for All (SE4ALL) initiative. Reaching the SE4ALL goals will require an almost tripling of historical annual investment flows in these areas to about $1 trillion, such that countries will need to embrace an enabling environment that attracts all forms of investment—public and private.
RISE focuses on the enabling environment as a determinant of investment. Many factors influence investment, including market conditions, macroeconomic stability, resource endowments, and financial environment, but RISE is limited to the policy and regulatory aspect to attract investors.
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