202957 - Results Based Financing for Low Carbon Energy Access (Africa)

Category: Finance
Sub-Category: Grant Funding
User: Private Sector
Donor: Department for International Development (DFID)
Donor Countries: United Kingdom
Description:

This programme - implemented by the Energising Development (EnDev) partnership, managed by GIZ and RVO – employs a Results Based Financing (RBF) approach to overcome identified market failures that are constraining private sector investment in low carbon energy access (electricity and cooking) in developing countries. This programme targets a range of benefits, including economic growth (through the creation of enterprises and jobs for men and women), reduction of greenhouse gas emissions, and improvements in health as a result of clean cooking methods (particularly for women and young children). The programme has expanded considerably in scope since its initial design, and now implements 17 projects as opposed to the 10 originally planned. This means that the portfolio of RBF approaches has the potential to gather an even broader range of lessons than had first been anticipated. Already the approach taken in this programme is influencing the wider energy access community.

Location: Sub Saharan Africa
On- or Off-Grid: Off-Grid
Geography:

Global

Eligibility:

Not Specified

Contact information:
Last updated: February 16, 2018

Last updated: October 19, 2019