UNEP DTIE Energy Branch: Mobilizing Finance

Activities

Industry Engagement

Sustainable Energy Finance Initiative (SEFI)
Provide current and targeted information to financiers while facilitating new economic tools that combine social and environmental factors - both risks and returns - as integral measures of economic performance

Seed Capital

Rural Energy Enterprise Development (REED)
REED seeks to develop new sustainable energy enterprises that use clean, efficient, and renewable energy technologies to meet the energy needs of poor households in developing countries
Seed Capital Assistance Facility (SCAF)
The initiative involves the creation of a GEF and UN Foundation sponsored facility dedicated to helping early stage sustainable energy enterprises access start-up seed capital from mainstream energy investors

Loan Programmes

North African MEDREP SHW Loan Programmes
The key objectives of MedREP are to investigate different options for increasing finance flows to renewable energy companies and projects in target countries, and to help structure various support mechanisms that help lenders and investors scale up financing to this clean energy sector
Indian Solar PV Loan Programme
The aim of this effort is to help Canara bank and Syndicate bank develop lending portfolios specifically targeted at financing solar home systems (SHS)
Brazil, China, and India- Lending for Energy Efficiency
UNEP and the UNEP Risoe Centre on Energy and Environment have started an effort with the World Bank's Energy Efficiency and Environment Thematic Group to conduct in country investigations and preparation of a proposal for a larger project that would help the countries overcome barriers hindering loans for energy efficiency

Transaction Support

Investment Advisory Facility
The IAF provides banks and financiers with targeted expertise and support to evaluate proposals in the sustainable energy sector and to help these institutions develop the skills to evaluate such projects independently

Risk Management

RE Risk Management Instruments
The ultimate goal of the effort is to bring about the faster and more systematic deployment of RE by supporting and positively influencing the development of markets for RE risk management instruments/ approaches
RE Export Credit Working Group
Provides substantial information on how private banks and insurers assess environmental risk within their business operations

Carbon Finance

CASCADe
The CASCADe programme enhances African expertise to generate carbon credits from the Agriculture, Forestry and Other Land Uses (AFOLU) sector and bioenergy activities
CF- Promoting Sustainable Energy Services in Africa (CF-SEA)
Teams have been working with host government agencies, banks and project sponsors to develop an initial pipeline of CDM investment opportunities some of which the World Bank hopes to finance through its Community Development Carbon Fund.