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Financing solar at the last mile: perceived challenges, risks and opportunities – WEBINAR

The SDG Finance Geneva Summit (SGSGeneva)
45 subscribers
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271 views 3 years ago #SDG7
Side event of the Ministerial-level Thematic Forums for the High-level Dialogue on Energy Bridging the energy access gap by 2030 will require strong policy frameworks and innovative business models, but also meaningful financing efforts: it is estimated that US$41 billion of annual investment will be needed to close the energy gap by 2030. The current established financing channels fail to address the financing needs of the business models of Decentralised Renewable Energy (DRE) companies. From a private sector investment perspective, this market represents a risky investment as it is relatively new, enterprises are mostly in the early and growth-stage, and serve untested costumers without credit histories, who live in last-mile, low-income settings. Policy and financial de-risking instruments will be essential to foster investments in the sector, for both household and productive use of off-grid energy. This webinar, focusing on the urgent ne …...more
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Financing solar at the last mile: perceived challenges, risks and opportunities – WEBINAR
6Likes
271Views
2021Jun 22
Side event of the Ministerial-level Thematic Forums for the High-level Dialogue on Energy Bridging the energy access gap by 2030 will require strong policy frameworks and innovative business models, but also meaningful financing efforts: it is estimated that US$41 billion of annual investment will be needed to close the energy gap by 2030. The current established financing channels fail to address the financing needs of the business models of Decentralised Renewable Energy (DRE) companies. From a private sector investment perspective, this market represents a risky investment as it is relatively new, enterprises are mostly in the early and growth-stage, and serve untested costumers without credit histories, who live in last-mile, low-income settings. Policy and financial de-risking instruments will be essential to foster investments in the sector, for both household and productive use of off-grid energy. This webinar, focusing on the urgent needs on Bottom of the Pyramid (BoP) communities and their lost opportunities for social and economic empowerment, will discuss trends in equity and debt financing for last-mile access to electricity and possible ways to accelerate the transition of finance to bring decentralized solutions to scale where it matters the most. Agenda : 01:08 – Welcome remarks Luisa Bernal, Policy Specialist, Finance Sector Hub, UNDP 05:12 – The importance of financing DRE companies in developing countries Mr. Amjad Abdulla, Head of Partnerships at IRENA 15:35 – Panel presentation 16:40 – Financing last mile off-grid solutions: investors’ perceived risks Loïc de Fontaubert, Investment Director, ENGIE corporate impact fund 26:00 – An entrepreneur’s perspective on the challenges in securing finance Jose Ordoñez, CEO, Kingo Energy 38:10 – Existing financial de-risking tools Roan Borst, GOGLA Project Manager Access to Finance 46:55 – Innovative financing solutions: blended finance Surabhi Visser, Head of Investments, SunFunder 55:48 – New instruments Paul Needham, Co-Founder, Positive Capital Partners, D-REC Secretariat 01:02:55 – Q&A` Thank you for joining our webinar and discovering the perspectives of those front-line in the fight against energy poverty. It is only by working together that we will accelerate and achieve #SDG7.

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The SDG Finance Geneva Summit (SGSGeneva)

45 subscribers