Getting Maximum Impact for New
Clean Energy Markets
REEEP – CTI PFAN
Phased Financing Facility
UNFCCC side event
Bonn,5 June 2015
REEEP APPROACH:
THEORY OF CHANGE
CLEAN ENERGY MARKETS CAN ALTER CO2 EMISSION
TRENDS WHILE INCREASING PROSPERITY.
REEEP UNLOCKS CLEAN ENERGY MARKETS
The highest potential for
lies in Small and Medium Enterprises
On average across all continents:
90% of companies
60% of jobs
50% of GDP
Supporting start-ups
What PFAN brings to the table
Coaching and mentoring SME businesses
Deal facilitation – USD 1 to 50 million
Leverage public – private 1:80
Investments USD 654 million
60 projects – 512 MW – 2.3 million CO2e
100 network members
What REEEP brings to the table
Grant making experience and systems
since 2005
350 Network Partners – developers,
implementers, experts, policy makers
194 projects – business & policy portfolio
Grant leverage 1:2 – buy-in
Patient loans – Revolving Funds
Deep Impact Data – market insights
Scaling promising businesses
REEEP-PFAN
PORTFOLIO
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TRACKING PROGRESS:
MACRO INDICATORS in AGRIFOOD
CO2 avoided/reduced
kWh generated/reduced via efficiency
Total customers
Investment leverage
Sector-specific:
% increase food production
% decrease food lost/waste
% reduced production costs
SME business development:
Debt/equity ratio improvement
Profit increase
Market share increase
Fuel
Legal & Regulatory
Corporate finance
Design/R&D
Production/Generation
Marketing
Subsidies
Sales & Distribution
Carbon finance
Consumer Finance
Billing / Payment
After sales
Source: IFC 2012
Value Chain
Ecosystem conditions
Business models for scale-up
Sector analysis and macro-level change
CREATING PATHWAYS
REEEP IS A FIRST MOVER, WORKING AT THE
FOREFRONT OF TECHNOLOGY AND MARKET
DEVELOPMENT
Futurepump
SOLAR IRRIGATION SECTOR IN KENYA
SOLAR IRRIGATION SECTOR IN KENYA
CASE: SOLAR COOLING
FOR DAIRY
ENERPLUS
SOLAR COOLING FOR DAIRY
SOLAR COOLING FOR DAIRY
Portfolio Highlight: Pran Dairy, Bangladesh
Adapt solar to local dairy cooling
needs
Demand growth for dairy products
Collection centres for smallholder
farmers
Solar electricity displaces grid/diesel
mix
Expand access to off-grid areas
Pran is demonstrating viability for
market scale while improving
economic and health outcomes for
Bangladesh people.
NORAD Review of REEEP, 2014
• An innovative blend of public and private
funding – highly complimentary
• Targets clean energy initiatives with
commercial promise
• Bridges their funding gap through the
acceleration stage
• Improves policy and regulatory framework
based on entrepreneurial promise
Thank You!
Martin Hiller
REEEP DG
[email protected]