1. BRIDGING THE INVESTMENT GAP
A Programmatic Approach To Mobilizing The Private Sector
To Achieve The 2030 Goals
JIWAN ACHARYA
Senior Climate Change Specialist
(Clean Energy)
2. 4.2 Billion
Population in Asia People without access to
clean cooking
615 Million People without
access to electricity
1.8 Billion
STATUS OF ENERGY ACCESS
Asia-Pacific
3. ENERGY FOR ALL PROGRAM EST. 2008
Increase ADB’s investment in energy access projects
and enterprises
Scale up access to affordable, modern and clean
energy among the regions poor using RE technologies
INTERNALGOAL
EXTERNALGOAL
Develop strategic partnerships and alliances with
other stakeholders
The Energy for All Partnership was created in 2009,
with a target of providing energy access to 100
million people by 2015.
ADB’s RESPONSE:
Energy for All Program
4. $400
Million
Energy Access
Investment In
2014
New connections to
electricity for 1.62
million households
Improved electricity
service to about
600,000 households
The switchover of
270,000 households to
improved cookstoves
PROGRESS REPORT
2014 Accomplishments
5. USD 5.2 billion
Total ADB investment
in energy access
(2008-2014)
86.4 million
Number of people
who will benefit from
ADB’s energy
access investments
0,00
1,00
2,00
3,00
4,00
5,00
6,00
0
2.000.000
4.000.000
6.000.000
8.000.000
10.000.000
12.000.000
14.000.000
16.000.000
18.000.000
20.000.000
2008 2009 2010 2011 2012 2013 2014
Improvedenergyaccess(households)
EnergyAccessInvestment(inbillion$)
Year
Impact of ADB's investments on enegy access
(2008-2014 Cumulative)
Investment Household
PROGRESS REPORT
2008 – 2014 Accomplishments
6. • The Partnership was created in 2009 to
address energy poverty at the regional scale
• TARGET: Provide energy access to 100 million people in Asia
Pacific by 2015
• 99% of target achieved by end 2014!
ENERGY FOR ALL PARTNERSHIP
7. FINANCING ENERGY ACCESS
Barriers to Multilateral Development Agencies
Current tools &
mechanisms not
designed for small
transactions
Energy access deals are too
small, with high transaction cost
Value and high impact of
small scale transactions
not always appreciated
Requires buy-in and strong
backing of governments for
publicly financed energy access
projects
MULTILATERAL
DEVELOPMENT
BANKS
ENERGY
STARTUPS
Financing at market rates
too expensive for
commercial viability
10. Lack funds
for project
preparation
No track record of
successful pilots
Weak
balance
sheet
No strong collateral
for loans
No working
capital loans
No access to network of
financiers/ early stage
investors
ENERGY
STARTUPS
HOUSEHOLDS WHO NEED ENERGY
FINANCING ENERGY ACCESS
Barriers to Energy Access Enterprsies
20. Do not
finance at
prohibitive
rates
No experience in clean energy
technologies/ energy access
projects
No financing for end
consumers to acquire clean
energy appliances
No track record of early stage
companies
LOCAL BANKS /
FINANCE
INSTITUTIONS
Revenue stream from
bottom of pyramid too
risky for project finance
ENERGY
STARTUPS
FINANCING ENERGY ACCESS
Barriers to Investors