New EnDev publication shows that results-based financing is a powerful instrument to boost energy entrepreneurship

From Energising Development
Jump to: navigation, search
News-banner.jpg

Bangladesh 2018/04/06

6 April 2018

EnDev’s new publication shows how results-based financing (RBF) works in practice, and shares lessons learned on how to design and implement RBF projects

EnDev RBF brochure v180322, News picture.jpg

EnDev RBF brochure v180322, News picture.jpg

EnDev announces the publication of its most recent report on Results-based Financing for Energy Access titled How to design and implement projects: Lessons from the field.

Since 2013, the Energising Development (EnDev) programme has been implementing 17 results-based financing (RBF) projects in 14 countries in Africa, Asia and Latin America. These DFID funded RBF projects have resulted in valuable lessons learned in using RBF to drive the development of energy access markets. With this publication, we aim to share with you a number of practical experiences in the design and implementation of RBF projects.

Practical experiences in the design and implementation of RBF projects

EnDev - Results-based Financing for Energy Access, Lessons report.pdf
RBF is a powerful tool to encourage companies to expand their business to markets outside their comfort zone such as remote regions or even entirely new countries. In Tanzania, for example, EnDev has been able to bring suppliers of small solar systems to start business in the Lake Zone by providing them a financial incentive for each solar system sold to a rural consumer. These incentives are only disbursed to the companies after the sales have been thoroughly verified. While in 2013 hardly any solar company was active in the region, today 15 international and local solar companies are working there through a network of around 600 retailers and sales agents. More than 325,000 people in the region gained new access to energy through this RBF project so far.

This is only one example from EnDev’s broad RBF portfolio. You will find many more cases in the publication. If you have any questions about these RBF projects, please feel free to contact the head of EnDev’s RBF Facility, Elina Weber.