Financial Innovations and Applications for Energy Services: Toward a Second Green Revolution
Apr 01, 2007
Martha Amram and Nalin Kulatilaka
Publisher: Milken Institute

In 1965, India was receiving five million tons of emergency wheat from the United States. Only nine years later, India was self-sufficient in all grain crops. The success of the Green Revolution is often recounted as a scientific accomplishment, but much of the real change can be traced to infrastructure investments and innovations in the markets.

The first Green Revolution in an inspiration for a second one, a revolution that uses profit opportunities, financial innovations and market change to accelerate and expand the adoption of energy technologies that can benefit countries around the world.