Energy Savings Insurance (ESI) in Morocco

CONTEXT Morocco has set the target of reaching 25 to 30 percent energy savings by increasing its energy efficiency efforts by 2030. For this vision to take shape into reality, it is fundamental to enhance private sector investment in energy efficiency (EE) across all sectors. Innovative financing and well-designed financing schemes can help create the … Continued

ESI Europe 2.0

CONTEXT The European Green Deal aims at delivering the EU vision of a climate-neutral continent by 2050 and sets clear targets for emission reductions, renewable energy production and energy efficiency. This will not only require the mobilisation of financial resources from public actors but, more importantly, from the private sector. In Europe, small and medium-sized … Continued

Sustainable housing solutions in Tajikistan

CONTEXT In Tajikistan, 29 percent of households live below the poverty line. This figure increases to 35 percent in rural areas. Energy poverty is an essential component of multidimensional poverty, with consequences for nutrition, health and income.  Limited access to fuel combined with low energy performance of buildings contribute to high energy vulnerability for many households. During winter, families spend up to 25 percent of their monthly budget on energy. Heating practices … Continued

GCF Readiness Projects in Southern Africa

CONTEXT Access to electricity is a critical element of countries’ economic development in the Southern African region, with low access to grid electricity, ranging from only 18% in Malawi, 40% in Zambia, 41% in Zimbabwe, up to 54% in Namibia in 2018 (World Bank). With financial constraints, high dependency on electricity imports, and with subsidized … Continued

Efficiency as a Service (EaaS) in Europe

CONTEXT Small and medium-sized enterprises (SMEs) make up over 99 per cent of all enterprises in many European countries and represent a substantial market opportunity for energy efficiency improvements. However, this opportunity remains largely untapped of its full potential due to several barriers, including a lack of trust between the different actors; energy efficiency not … Continued

R-COOL with Green On-wage financing in Rwanda

CONTEXT Countries in the East African Community (EAC) are experiencing significant economic and population growth, which is driving ever-greater demand for refrigerators and air conditioners in the residential sector. Cooling products are essential for the health, well-being, and competitiveness of these economies, but they pose critical challenges in terms of energy consumption and impacts on … Continued

Demonstration projects to finance energy efficiency in public buildings in Costa Rica

CONTEXT Energy efficiency presents enormous investment opportunities for businesses with significant potential to reduce greenhouse gas emissions, especially in developing countries. However, many development programmes targeting energy efficiency have struggled to catalyse the market, which is one of the main reasons is that energy efficiency is not a priority. The concept of “energy efficiency” can … Continued

C-COOL with CaaS in the Caribbean

CONTEXT Air conditioners and refrigerators provide essential services in the year round tropical climate of the Caribbean. Growing local populations and the tourism that helps drive many economies are demanding ever more cooling products. Unfortunately, the energy performance is largely unregulated, so inefficient models are common and up to 80 per cent of the electricity … Continued

Green Credit Lines in Latin America

CONTEXT The energy and land use sectors are responsible for the majority of greenhouse gas emissions in many Latin American countries. Approximately 40 per cent of emissions in the region are from agriculture, forestry and other land use sectors. The energy sector is also a major source, although it varies substantially from country to country. … Continued

Greening the Mining Sector in Mexico

CONTEXT Mining is one of the most polluting and destructive industries, which is why proper operational planning is needed to cushion as much as possible the ecological damage it generates. To minimise such damage, investments must be made in a way that also increases financial returns. The Inter-American Development Bank (IDB) is currently supporting the … Continued