CAPACITY BUILDING
Key considerations for
the development of current and new underwriting methodologies for
Renewable Energy Technology (RET) projects include:
- Training and transfer of risk management and underwriting
expertise
- Model contracts for loan programmes
- Enhancing understanding of financial risk and adapted mitigation
instruments in RET projects
UNEP will therefore address
those issues while commissioning feasibility studies on selected
instruments to evaluate their market prospects and enhance partnership
with reinsurers and
insurers.
Training and transfer
of risk management and underwriting expertise
A training kit for insurers
is being prepared in cooperation with the insurance industry and
will soon be available for distribution. The main training modules
are:
- Climate change
- Adapted insurance
and financial products for Renewable Energy projects
- Underwriting guidelines
and policy
- Claims handling
and policy
- Role of intermediaries
and commercial networks
- Case Studies
Model contracts
for loan programmes
The following sample
contracts can be readily adapted for small scale renewable energy
equipment and projects:
Qualification
of vendors, Request for ProposalsLoan Program for Solar Home Systems
(Karnataka State, India)
Sample
form vendor finance programme agreement
Vendor
Participation Agreement (UNEP India Solar Loan Programme)
Business
Finance Loan Guarantee Term Sheet
Loss
Reserve Fund Term Sheet (Solar Home Systems Finance Program)
Loss
Reserve Fund Escrow Agreement (Solar Home Systems Finance)
Master
Loan Agreement Term Sheet (between a wholesale Bank and a micro-finance
institution to support financing of solar home systems (SHS) program.)
Guarantee
Facility Agreement
Enhancing understanding
of financial risk and adapted mitigation instruments in RET projects
UNEP Project Status Note March
2008
UNEP
Project Status Note July 2007
For further information
please contact
us.
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