FINESSE - Financing Energy Services for Small-Scale End-users

Funder profile

Origin of funds

World Bank, US DOE, Netherlands (DGIS), UNDP

Goals/aims

Financing Energy Services for Small-Scale End-users (FINESSE) focuses on the formulation of policy, institutional/regulatory framework and capacity development to provide technically feasible and economically viable RE technologies and energy efficiency services to residential, commercial, agro-industrial, and institutional energy users in developing countries.

Main form of support

Loans, grants

Typical budget size

Support type

Technical assistance, Demonstration projects, Export support, Investment support

Countries of operation

Currently, FINESSE is operational in selected countries in Asia and Africa.

Main target groups

Industry, Government

General conditions

The 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.

Example projects

In 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.

Contact details

Webpage: http://www.undp.org/seed/eap/Projects/FINESSE.html
Contact: Dr. Suresh Hurry
Email: suresh.hurry@...

Sources

This 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.

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Page created: 12 March 2004; Last edited: 21 March 2004; Version: 1
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