Strictly Confidential © 2013Strictly Confidential © 2013

Innovation for Decarbonizing Development

Neeraj PrasadClimate Change Partnerships and Knowledge – The World Bank

Co-Chair LEDS GP

LEDS GP Annual Event 2015

October 14 - 16, Punta Cana, Dominican Republic

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Financing innovation

E3G

Public FinancePrivate FinanceValley of Death

Lines of Credit

Guarantees

Public Grants/ Seed Capital

Venture Capital/ Angel Investors

Public Sector Support & Equity

Concessional loans/ mezzanine finance

Public sector

led electricity

supply

- Utilities

- Rural

electrification

- IPPs/SPPs

- Mini grid

options

Building Blocks for Enabling Private sector Engagement

Policy Finance Skills Market Intelligence

Information/ Awareness

- SME- Energy- Education- Financial- Climate Change- Others

- Consumer- Business- Equipment

- Business - Legal- Technical- SME

- Where is the customer

- What is the best option

- Options for financing- Why customer should use RE technology

Public sector programs for local economic development

Focus: Private sector energy service provisionFocus: Private sector energy service provisionObjectives:-Complement government-led efforts-Creation of new jobs, support small local businesses-Attract investment into decentralized RE technology

Industries

Local Business Community Services Households Income growth / diversificationLocal development

& resilienceIncluding

production

Hospitals

Schools

Public light

Better Quality of life for the family

Creating Local Development Opportunities & Benefits Reducing Poverty and Boosting Shared Prosperity