The potential for energy efficiency gains is growing with significant increases in global energy demand, particularly in developing economies. Yet global investment in energy efficiency slowed in recent years – without new financing mechanisms for energy efficiency, it is likely investment will continue to stagnate. There are many barriers inhibiting investments in energy efficiency currently, including high upfront costs, lack of access to finance, high perceived risk, lack of trust in new technologies, competing investment priorities, lack of knowledge and awareness, and split incentives. Many of these barriers can be overcome, at least in significant part, with well-designed financing mechanisms, incentives and business models, together with complementary measures such as policies, regulations, awareness raising activities and behavior change initiatives.
The Climate Technology Centre and Network (CTCN) and its network members Basel Agency for Sustainable Energy (BASE) with support from PwC Price Water House Coopers - India hosted a webinar on Financing mechanisms and business models for energy efficient technologies with case studies from Africa and Asia.
The webinar covered mechanisms that can support uptake of energy efficiency measures for different end user groups – residential, commercial, and public sector end‑users and illustrate the models with a couple of case studies based on experience from Africa and Asia. The webinar was aimed at government officials, development practitioners, financial institutions, investors and private sector companies that aim to learn about and develop their knowledge on innovative financial mechanisms to support investment in energy efficiency.
The recorded webinar here: https://www.youtube.com/watch?v=QWMx4nz1On0