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FINESSE - Financing Energy Services for Small-Scale End-users
[top] [end]Origin of fundsWorld Bank, US DOE, Netherlands (DGIS), UNDP[top] [end]Goals/aimsFinancing Energy Services for Small-Scale End-users (FINESSE) assists countries in Africa, working through the Bank, to formulate the appropriate policy and regulatory frameworks and develop capacity to generate a pipeline of investment projects in renewable energy and energy efficiency.[top] [end]Program Objectives
[top] [end]Development ObjectivesReduce poverty through
[top] [end]Main form of supportLoans, grants[top] [end]Typical budget size[top] [end]Support typeTechnical assistance, Demonstration projects, Export support, Investment support[top] [end]Countries of operationCurrently, FINESSE is operational in selected countries in Asia and Africa.[top] [end]Main target groupsIndustry, Government[top] [end]General conditionsThe FINESSE programme aims to accelerate the commercialisation of renewable energy technologies through pre-investment activities and the creation of the conditions and mechanisms for the credit sector to on-lend to small-scale energy users. FINESSE secures the involvement of small-scale operators, supporting franchise operations and enabling the local manufacture of key components.[top] [end]Example projectsIn Asia FINESSE started by preparing business plans and market studies for Indonesia, Malaysia,Thailand, and the Philippines. Following the presentation of these business plans, the World Bank set up the Asia Alternative Energy Unit (ASTAE) to mainstream alternative energy sector loans. As a result Bank renewable energy loans have been prepared and a pipeline of biomass cogeneration projects has been developed.The Development Bank of the Philippines (DBP) has received FINESSE-type technical assistance to strengthen its capability to evaluate and manage alternative energy projects. In Africa, a FINESSE programme in the SADC region (US$1.2 million) has produced market studies and business plans for investments in projects including biogas, PV, mini-hydro, and solar water heaters. A loan-guarantee fund has been supplied to help business plans meet loan conditions. Building on the FINESSE experiences in the SADC region, a proposed EAP activity will strengthen the African Development Bank's capacity to identify, prepare, appraise, and implement sustainable energy projects and to develop an Africa-wide sustainable energy portfolio.[top] [end]Contact detailsAfrican Development BankSustainable Development and Poverty Reduction Unit (PSDU) ADB FINESSE Africa Program B.P. 323 1002 Tunis Belvedere Tunisia E-mail : finesse@... [top] [end]SourcesThis profile, based on initial information contributed by Eco Ltd, was updated within the framework of the Sparknet project supported by the European Commission's Fifth Framework Programme.Click here for the full list of donor, organisation, and project profiles from Sparknet. | |
Page created:
12 March 2004; Last edited:
04 March 2009; Version: 2 | |
Pagename: FINESSE @HEDON: BWAA | |
