EU Regional Blending Facilities and Private Sector Investments

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "EU Regional Blending Facilities and Private Sector Investments"

Transcription

1 EU Regional Blending Facilities and Private Sector Investments Innovative Development Finance Workshop Margareta McConnell 8 May 2015

2 EU Regional Blending Facilities 2

3 Potential Sources of Private Finance Potential Source of Private Finance Example Commercial Financiers Local Banks and International Banks Factoring and Leasing Companies Incentive Limited risk profile Companies (Project Developers) International Companies Local Companies Financial Investors Institutional Investors Investment Banks Private Equity Investors Impact Investors Insurance / Reinsurance Market Social Investors NGOs Impact Investors Patient Capitalists Philanthropists Individual Investors Supporting local activities Supply (export) of goods and services Local interests Diversifying investments in developing countries Additional return Open up new markets Active vs. Passive Investors Official Export Credit Insurers (ECAs) Invest based on risk profile and probability ECA focus on CC Social and/or development goals with acceptable return 3

4 Current Status of Private Financing 1,600 1,200 EU grants to blending projects in million Financing mix for projects with private financing EU grants 6% other grants 2% partner country 1% % DFI loans 61% private/ market finance 30% projects with private engagement purely public projects 4

5 Private Sector Leverage Untapped potential for blending to catalyze private financing Private financing is key for developing countries to transform their economies away from a dependence on grant money Energy projects are currently the strong forerunner for private investment - primarily PPPs or financing schemes for energy efficiency investments To date primarily public sector partners, although there is a marked trend towards increase private sector financing Potential Sources of Private Finance Type of Project Finance EU grants DFI loans Private/Market Finance Developers Local SME/households Financial investors Dev. & comm. finance Commercial finance Total

6 Africa Energy Guarantee Fund (AEGF) Region Sector Scope Grant Amount Total Project Cost PFG Leader African Continent Energy Technical Assistance EUR 1 million EUR 600 million EIB Objective is to provide proper risk mitigation and credit enhancement solutions to facilitate private sector involvement in the African energy sector Risks: regulatory uncertainties, weak off-takers, weak business environments ITF grant used to finance a feasibility study (Phase 1) Phase 2: Implementation of AEGF Phase 3 Financing Operational Costs during start-up and ramp-up period 6

7 Africa Sustainable Energy Facility Region Sector Scope Grant Amount Total Project Cost PFG Leader Eastern Africa Energy Risk-sharing, Guarantee and Technical Assistance EUR 3 million EUR 50 million EIB Aims to increase investments in RE and EE in Sub-Saharan Africa Financing Facility and Facility Support Unit, which will provide business development and advisory services Includes a South-South technology exchange between private sector players 7

8 Barriers to Private Investment Blending Partners Private Financiers Cross- Cutting Regulation Framework Lack of Efficient Structures Lack of Knowledge Lack of Knowledge Lack of Information to Assess Opportunities Mandates Investment Strategies Availability of Alternatives Enabling Environment Institutional Project and PPP Management Capacity Correct Allocation of Risks in PPPs Long-Term Local Private Sector Capacity Crowding / Keeping Out Private Finance 8

9 Opportunities for the EU BFs 1. Eligible DFIs engage more actively with the private sector 2. Strengthen the involvement of European and Multilateral DFIs 3. Launch a call of proposals to attract investors 4. Investigate the potential role of ECAs and insurance market 5. Dialogue on private finance for development 6. Assess optimal level of control in financial instruments 7. Improve reporting on private sector results and leverage 9

10 Key Conclusions Potential to increase private investment through the EU BFs The Blending Facilities provide a well-developed tool with a global reach Coordination of EU and development banks enable large-scale projects interesting in terms of Climate Change impact as well as private sector mobilisation Cooperation to structure a financial instrument that can be used by a broader set of investors (on-going) 10

11 Fields of Business Support scheme and programme management International Climate Protection Austrian JI/CDM Programme Climate Austria - Voluntary Carbon Offsetting Climate Finance International National and International Consulting for the Environment & Energy segment Management of the Environmental and Water Management Fund (UWF) Total assets 2014: EUR 1.9 billion 11

12 National and International Consulting Examples of international consulting projects EU Study on blending mechanisms for infrastructure financing and on publicprivate collaboration in the context of EU development cooperation EU Support to municipalities in Armenia, Georgia, Moldova, Ukraine and Belarus for implementing energy efficient projects EBRD Support in the implementation of an EBRD Credit Line for the energy efficient renovation of residential buildings in Russia (RuSEFF Residential) GIZ Support to municipalities in Moldova for improving municipal service provision OECD Study on the identification of climate change adaptation measures for the water sector in Moldova IFC Support in the set-up of a Homeowners Association Resource Center in a city in Ukraine EIB Support in the implementation of the EIB Credit Line Green Initiative in Slovakia and the Czech Republic ADA Policy advice for and support of water and wastewater projects within the framework of the Austrian Development Cooperation in South Eastern and Eastern Europe Examples of national consulting projects BMLFUW* Modified cost-effectiveness analysis for contaminated site rehabilitation BMLFUW* Technical support for technology transfer expert group (EGTECH) BMLFUW* Study of Industrial Waste Heat potential in Austria Verbund AG Study of market potential for small-scale CHP plants Technical, economic and financial consulting according to ISO 9001:2008 Quality Management Standard * Federal Ministry of Agriculture, Forestry, Environment and Water Management 12

13 Our Clients and Partners 13

14 Kommunalkredit Public Consulting GmbH (KPC) Türkenstraße 9, 1092 Wien Tel Fax

15 Facility for Performance Based Climate Finance Region Sector Scope Grant Amount Total Project Cost Consortium Latin America Environment Investment Grant & Technical Assistance EUR 10 million EUR 60 million KfW, CAF 15

16 Global Energy Efficiency and Renewable Energy Fund (GEEREF) Region Sector Scope Size Manager Emerging Markets Energy Equity ( fund-of-funds ) EUR 112 million EIB Aims to mobilise private investments in smallscale energy efficiency and renewable energy projects Invest into relevant regional funds (6 funds to date) Proven slow due to the lack of track record, risk of underlying assets (equity), and narrow focus 16

Financing energy efficiency through grants lessons learned in Austria

Financing energy efficiency through grants lessons learned in Austria Financing energy efficiency through grants lessons learned in Austria FINANCING ENERGY EFFICIENCY FUNDING OPORTUNITIES, INSTITUTIONAL MODELS AND SUCCESFUL PRACTICES Wolfgang Diernhofer 1 Contents Introduction

More information

PROJECT FINANCE & PPPs

PROJECT FINANCE & PPPs PROJECT FINANCE & PPPs EIB Presentation, BOAD, 40 th Anniversary 1 14 November 2013 Definition of PPPs 1) An agreement between a government and one or more private partners whereby the private partner(s)

More information

Energy Efficiency in Ukraine: EBRD Experience

Energy Efficiency in Ukraine: EBRD Experience Energy Efficiency in Ukraine: EBRD Experience Jan-Willem van de Ven Associate Director, Head of Carbon Market Development Energy Efficiency and Climate Change, EBRD Contents Energy efficiency in Ukraine

More information

EIB and the Energy Sector: Potential Synergies with the MED Programme to Support Energy Efficiency Investments

EIB and the Energy Sector: Potential Synergies with the MED Programme to Support Energy Efficiency Investments EIB and the Energy Sector: Potential Synergies with the MED Programme to Support Energy Efficiency Investments Marina Galindo Energy Efficiency and Small Energies Division Projects Directorate EUROPEAN

More information

PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR

PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR PATRICK WILLEMS IFC EUROPE AND CENTRAL ASIA DEPARTMENT RUSSIA RENEWABLE ENERGY PROGRAM 01 October 2015 IFC: A MEMBER OF THE WORLD BANK GROUP IBRD IDA

More information

CEI Know-how Exchange Programme (KEP) KEP AUSTRIA. Call for Proposals 2014

CEI Know-how Exchange Programme (KEP) KEP AUSTRIA. Call for Proposals 2014 CEI Know-how Exchange Programme (KEP) KEP AUSTRIA Call for Proposals 2014 Date of publication: 10.04.2014 Deadline for the submission of Expressions of Interest: 30.05.2014 1. CEI Know-how Exchange Programme

More information

ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects

ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects SAIREC October 05, 2015 ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects - Mónica Arévalo Calsina - GEEREF in a nutshell Unique strategy Fund of Funds, investing in specialised private

More information

22 November 2012, Madrid

22 November 2012, Madrid 22 November 2012, Madrid 1. Introduction on EIF Introduction on EIF 2 / 21 Introduction on EIF EIF at a Glance 1. Introduction on EIF EU specialised institution for SMEs, risk financing Venture Capital

More information

Infrastructure Financing by the EIB

Infrastructure Financing by the EIB Infrastructure Financing by the EIB Regional conference on Infrastructure Financing in Central Africa Yaoundé, 10 March 2014 Laurence Doumenc, ACP-IF Department 1 I who is the EIB? 2 The (EIB) The Bank

More information

References (Extract) Division International Know-how Transfer

References (Extract) Division International Know-how Transfer References (Extract) Division International Know-how Transfer Consultancy on Energy Services Capacity Building outside Europe Focus Energy Performance Contracting (EPC) ESCO Policy Development in Saudi

More information

A Consultant's Experiences in Implementing Energy Efficiency measures

A Consultant's Experiences in Implementing Energy Efficiency measures A Consultant's Experiences in Implementing Energy Efficiency measures Christian Oberleitner Senior Energy Expert 1 Content A. A Glance an our Experiences in CEE 1. UKEEP, Ukraine 2. ArmSEFF - Armenia B.

More information

Institutions Type Activity

Institutions Type Activity Sıra Recipient Party Description Contributing Party Institutions Type Activity Amount (millions) Currency Report Implementation Period 1 Turkey The training for optimal power generation for peak demand

More information

Best Practice in Sustainable Finance: The Experience of Bank Austria Creditanstalt

Best Practice in Sustainable Finance: The Experience of Bank Austria Creditanstalt Best Practice in Sustainable Finance: The Experience of Bank Austria Creditanstalt Warsaw, March 16 th, 2005 BA-CA Corporate Finance & Public Sector Agenda Bank Austria Creditanstalt AG Sustainability

More information

Financing Market Transformation: The Case of Energy Efficiency? EIB experiences

Financing Market Transformation: The Case of Energy Efficiency? EIB experiences Financing Market Transformation: The Case of Energy Efficiency? EIB experiences Christopher Knowles Climate Change and Environment Division, EIB Venice, 3 October 2013 EIB s Climate Action 2008-2012 Total

More information

Renewable energy sources penetration in most of BSEC countries

Renewable energy sources penetration in most of BSEC countries Renewable energy sources penetration in most of BSEC countries Prof. Dimitrios MAVRAKIS Director Energy Policy and Development Centre (KEPA) National and Kapodistrian University of Athens Energy Policy

More information

JOINT MDB CLIMATE FINANCE TRACKING

JOINT MDB CLIMATE FINANCE TRACKING JOINT MDB CLIMATE FINANCE TRACKING Jan-Willem van de Ven Senior Carbon Manager Consultation on Development and Climate Change OECD-CPI event, Warsaw, 19 November 2013 European Bank for Reconstruction and

More information

Energy Training Week 2013 Course 3: Energy Efficiency Policy and Measures Financing energy efficiency Melissa Lott and Grayson Heffner 10 April 2013

Energy Training Week 2013 Course 3: Energy Efficiency Policy and Measures Financing energy efficiency Melissa Lott and Grayson Heffner 10 April 2013 Energy Training Week 2013 Course 3: Energy Efficiency Policy and Measures Financing energy efficiency Melissa Lott and Grayson Heffner 10 April 2013 Finance session objectives Appreciate the scale of energy

More information

2. IFC s Global Trade Finance Program: Objectives and Design

2. IFC s Global Trade Finance Program: Objectives and Design 2. IFC s Global Trade Finance Program: Objectives and Design Chapter Highlights IFC introduced its current trade finance model in FY05 to support the supply of trade finance to underserved clients globally.

More information

Facilitating Remittances to Help Families and Small Businesses

Facilitating Remittances to Help Families and Small Businesses G8 ACTION PLAN: APPLYING THE POWER OF ENTREPRENEURSHIP TO THE ERADICATION OF POVERTY The UN Commission on the Private Sector and Development has stressed that poverty alleviation requires a strong private

More information

The experience of an Export Credit Agency Oesterreichische Kontrollbank, Vienna

The experience of an Export Credit Agency Oesterreichische Kontrollbank, Vienna 12 th Meeting of the OSCE Economic Forum Prague, 31 May 4 June 2004 1 Session B 4 Strengthening service and networking capacity of business organizations EF.DEL/2/04 30 May 2004 ENGLISH only The experience

More information

EU Blending. catalyse investments. European Union aid to. International Cooperation and Development

EU Blending. catalyse investments. European Union aid to. International Cooperation and Development EU Blending European Union aid to catalyse investments International Cooperation and Development Substantial investment is required to improve people s living conditions in EU partner countries. Government

More information

Promoting Economic and Social Cohesion in Europe

Promoting Economic and Social Cohesion in Europe Promoting Economic and Social Cohesion in Europe The EIB helps to deliver growth, jobs and cohesion in Europe by supporting the implementation of EU regional policy. Through a mixture of loans and advisory

More information

Investment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank

Investment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank Investment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank 24 March 2014 Outline EU and Croatia key challenges The Investment

More information

Examples for financing of biogas projects in Italy

Examples for financing of biogas projects in Italy IEE Project BiogasIN Examples for financing of biogas projects in Italy D.3.2., WP3 - Henning Hahn, Dominik Rutz, Erik Ferber, Franz Kirchmayer - November 2010 Contents 1. Introduction... 3 2. Basics of

More information

Support for Research, Development and Innovation

Support for Research, Development and Innovation Support for Research, Development and Innovation Introduction: «Financial instruments for SMEs and larger companies provided by the European Union and the European Investment Bank» Seminar on «Financial

More information

FROM BILLIONS TO TRILLIONS:

FROM BILLIONS TO TRILLIONS: FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development goals

More information

FRAMEWORK CONDITIONS ON ENERGY EFFICIENCY IN URBAN AREAS IN LITHUANIA. Valius Serbenta Housing Energy Efficiency Agency

FRAMEWORK CONDITIONS ON ENERGY EFFICIENCY IN URBAN AREAS IN LITHUANIA. Valius Serbenta Housing Energy Efficiency Agency FRAMEWORK CONDITIONS ON ENERGY EFFICIENCY IN URBAN AREAS IN LITHUANIA Valius Serbenta Housing Energy Efficiency Agency July, 2015 MULTI-APARTMENT BUILDINGS RENOVATION (MODERNISATION) PROGRAMME (1) The

More information

The River Devoll Project

The River Devoll Project EVN Hydropower Development in Albania The River Devoll Project Dr. Michael Laengle, CFO Agenda > EVN Overview and strategy > Albania Electricity market in SEE > The River Devoll project 2 Company profile

More information

Financing Renewables and Energy Efficiency Projects in Developing Countries

Financing Renewables and Energy Efficiency Projects in Developing Countries Mobilising Private Capital to reduce Climate Change Instruments and Policies to mobilise International Green Energy Investment Berlin June 29-30, 2010 Financing Renewables and Energy Efficiency Projects

More information

Ministerial Conference on Transport on 14 th November in Brussels. Session 2 14h30. Dear Commissioner Fülle, Dear Ministers,

Ministerial Conference on Transport on 14 th November in Brussels. Session 2 14h30. Dear Commissioner Fülle, Dear Ministers, 1 Ministerial Conference on Transport on 14 th November in Brussels Dear Commissioner Fülle, Dear Ministers, Session 2 14h30 Dear Vice-President of the EIB, Philippe de Fontaine-Vive, As I have heard in

More information

EIB GROUP 2015 RESULTS PRESS CONFERENCE 14 JANUARY 2016

EIB GROUP 2015 RESULTS PRESS CONFERENCE 14 JANUARY 2016 EIB GROUP 2015 RESULTS PRESS CONFERENCE 14 JANUARY 2016 WE DELIVER IMPACT WHERE IT S NEEDED JOBS HEALTH EDUCATION WATER 4.1m jobs in small businesses 9.8m people with access to improved health services

More information

Office for the CEI Fund at the EBRD. CEI Know-how Exchange Programme (KEP) KEP ITALY. Financed by the CEI Fund at the EBRD contributed by Italy

Office for the CEI Fund at the EBRD. CEI Know-how Exchange Programme (KEP) KEP ITALY. Financed by the CEI Fund at the EBRD contributed by Italy Office for the CEI Fund at the EBRD CEI Know-how Exchange Programme (KEP) KEP ITALY Financed by the CEI Fund at the EBRD contributed by Italy Call for Proposals 201 Date of publication on www.cei.int 29

More information

HFA. I IBW Institute. A Housing Finance Agency for Central Eastern and South Eastern Europe. Feasibility Study Executive Summary

HFA. I IBW Institute. A Housing Finance Agency for Central Eastern and South Eastern Europe. Feasibility Study Executive Summary I IBW Institute for Real Estate, Construction and Housing Vienna HFA A Housing Finance Agency for Central Eastern and South Eastern Europe Feasibility Study Executive Summary August 2006 EXECUTIVE SUMMARY

More information

PPC Arrangements since Belgrade conference. Clean Technology Fund. Sustainable Energy Action Plan. Municipal and Environmental Infrastructure

PPC Arrangements since Belgrade conference. Clean Technology Fund. Sustainable Energy Action Plan. Municipal and Environmental Infrastructure Annual Meeting of the EAP Task Force in Astana 23 24 October 2008 EBRD PPC activities and Environmental Initiatives in Kazakhstan Ulf Hindström Senior Banker, Astana Resident Office Agenda PPC Arrangements

More information

ELENA. A new KfW-Facility in favour of sustainable investments of small and medium sized municipalities. Dr. Johannes Feist Berlin

ELENA. A new KfW-Facility in favour of sustainable investments of small and medium sized municipalities. Dr. Johannes Feist Berlin A new KfW-Facility in favour of sustainable investments of small and medium sized municipalities Dr. Johannes Feist Berlin Objective of the Facility ELENA: a IEE (Intelligent Energy Europe II) technical

More information

Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level

Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level Johannes Feist, KfW European Parliament, Brussels, 4 October 2011 Leveraging EU Funds with the Market

More information

The use of EU funding for energy efficiency in buildings in the EU and Hungary

The use of EU funding for energy efficiency in buildings in the EU and Hungary The use of EU funding 2014-2020 for energy efficiency in buildings in the EU and Hungary Structure Introduction 1.EU level Legislation, funding opportunities, examples, success stories, recommendations

More information

Economic and Social Council

Economic and Social Council UNITED NATIONS E Economic and Social Council Distr. GENERAL CEP/AC.10/2005/5 12 April 2005 ORIGINAL: ENGLISH ECONOMIC COMMISSION FOR EUROPE COMMITTEE ON ENVIRONMENTAL POLICY Working Group on Environmental

More information

Energy Agencies for the Promotion of Energy Efficiency and RES

Energy Agencies for the Promotion of Energy Efficiency and RES Energy Agencies for the Promotion of Energy Efficiency and RES Best Practice Berlin Speaker: Achim Neuhäuser Event: Buildings Energy Efficiency Policies, Paris Date: 16 March 2012 Contents Energy Agencies

More information

Developing by Public Private Partnership (PPP): Meeting infrastructure needs successfully.

Developing by Public Private Partnership (PPP): Meeting infrastructure needs successfully. Developing by Public Private Partnership (PPP): Meeting infrastructure needs successfully. Vicky D. Kefala Head, Investments & Development Projects Consolidated Contractors Company (CCC) MBA Finance, BA

More information

Success factors in microfinance fund design

Success factors in microfinance fund design Success factors in microfinance fund design New York, October 2013 Monika Beck, Head of Division, Financial Sector Development Africa and Global Funds Bank aus Verantwortung Table of Contents 1 KfW Development

More information

-> Difficulties with access to finance -> the inherent complexity the innovation process -> and administrative / regulatory burdens.

-> Difficulties with access to finance -> the inherent complexity the innovation process -> and administrative / regulatory burdens. 1 Entrepreneurship is about two things. It means, of course, fostering the creation of new start-ups. But entrepreneurship refers also to a mindset, that should be stimulated at each stage of a company

More information

Deutsche Asset & Wealth Management. Environmental & Social Capital

Deutsche Asset & Wealth Management. Environmental & Social Capital Environmental & Social Capital Agenda 1 Introduction to Environmental & Social Capital 2 Investment Manager Mandates: Fund overview 2.1 Africa Agriculture and Trade Investment Fund 2.2 European Energy

More information

Advice for Small Businesses. Grow your business? Know how.

Advice for Small Businesses. Grow your business? Know how. Grow your business? Know how. Russia Russia Belarus Ukraine Moldova Croatia Romania Bosnia and Herzegovina Serbia Montenegro Kosovo Georgia Albania Armenia FYR Macedonia Turkey Tunisia Azerbaijan Kazakhstan

More information

Cassa depositi e prestiti. Cassa depositi e prestiti Supporting the Country

Cassa depositi e prestiti. Cassa depositi e prestiti Supporting the Country Cassa depositi e prestiti Cassa depositi e prestiti Supporting the Country Cassa Depositi e Prestiti is a key partner for public entities, the development of infrastructure projects and the growth and

More information

Green Bonds: financing the development of low carbon & climate resilient cities

Green Bonds: financing the development of low carbon & climate resilient cities Green Bonds: financing the development of low carbon & climate resilient cities Bringing solutions to capital Investment required $2.6tn+ p.a. $2tn+ p.a. IEA: Investment, not cost! Discovery Risk-Bridging

More information

Green City Bonds Coalition

Green City Bonds Coalition Green City Bonds Coalition Building a global bond market that will finance development of low carbon and climate resilient cities Join us US$22.5 trillion Context: $45 trillion of interest $88 tn assets

More information

Frequently asked questions

Frequently asked questions Frequently asked questions ENERGY EFFICIENCY - Project Development Assistance Call ID: H2020-EE-2014-4-PDA Topic EE 20: Project Development Assistance (PDA) for innovative bankable and aggregated sustainable

More information

Financing for investment in Africa: a role for the G20

Financing for investment in Africa: a role for the G20 Financing for investment in Africa: a role for the G20 Chijioke Oji and Catherine Grant Makokera 1 South African Institute of International Affairs G20 and Africa: infrastructure for development In June

More information

Group Infrastructure Finance As individual as your business

Group Infrastructure Finance As individual as your business Group Infrastructure Finance As individual as your business Austria Czech Republic Slovakia Hungary Romania Croatia Serbia Ukraine 02 03 Group Infrastructure Finance Supporting economic growth Every day

More information

EnPC/ESCO in Romania (public buildings and public lighting)

EnPC/ESCO in Romania (public buildings and public lighting) EnPC/ESCO in Romania (public buildings and public lighting) Dana Ionescu EBRD Bogdan Anton Tractebel Engineering 17 November 2014 Content: EU Context Romanian Context Benefits of EnPC / ESCO EBRD specific

More information

Foreign Trade and Investment

Foreign Trade and Investment Public Financial Support to Foreign Trade and Investment CURRENT ECONOMIC FRAMEWORK Economic forecasts: By 2015, 90% of world economic growth is expected to be generated outside the European Union. European

More information

European Investment Fund Activity

European Investment Fund Activity European Investment Fund Activity Annual commitments 2006-2009 3540 3040 2540 2040 1540 1040 540 40 Equity Guarantees The EIF is Europe s leading developer of risk financing for entrepreneurship and innovation.

More information

EIB France Stratégie Workshop. 11 March 2016. Summary Slides

EIB France Stratégie Workshop. 11 March 2016. Summary Slides Fact Finding on Investment and the Investment Gap in France and in Europe EIB France Stratégie Workshop 11 March 2016 Summary Slides Those slides are a selective subset of the material presented by various

More information

How are energy companies adapting to the changing rules in the energy sector? Jaroslav Zlabek Country President Schneider Electric Polska

How are energy companies adapting to the changing rules in the energy sector? Jaroslav Zlabek Country President Schneider Electric Polska How are energy companies adapting to the changing rules in the energy sector? Jaroslav Zlabek Country President Schneider Electric Polska Sopot November, 2011 the energy challenges today 2 The solution

More information

Agricultural Reinsurance in Latin America Actual Situation & Outlook. 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015

Agricultural Reinsurance in Latin America Actual Situation & Outlook. 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015 Agricultural Reinsurance in Latin America Actual Situation & Outlook 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015 AGENDA Commodity Price & Food Consumption Context Worldwide Agriculture

More information

KfW Kommunalbank. New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant

KfW Kommunalbank. New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant KfW Kommunalbank New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant Dr. Kay Pöhler KfW Bankengruppe, Germany Urb.Energy Final Conference

More information

To refer to the key figures as you read, please fold out the next page.

To refer to the key figures as you read, please fold out the next page. Semi-Annual Report 2006 KFW BANKENGRUPPE. Development of operations. In the first half of 2006 the volume of financing commitments made by KfW Bankengruppe was, at EUR 33.3 billion, 45 % higher than in

More information

Capital Market Development in CESEE and the Need for Further Reform

Capital Market Development in CESEE and the Need for Further Reform Capital Market Development in CESEE and the Need for Further Reform Krisztina Jäger-Gyovai 1 Domestic capital markets in Central, Eastern and Southeastern Europe (CESEE) are still less developed than capital

More information

Energy Finance in the Middle East: Uncertainties and Opportunities Maamari Auditorium, OSB AUB, 22 January 2016

Energy Finance in the Middle East: Uncertainties and Opportunities Maamari Auditorium, OSB AUB, 22 January 2016 American University of Beirut (AUB) The Munib and Angela Masri Institute of Energy and Natural Resources Energy Finance in the Middle East: Uncertainties and Opportunities Maamari Auditorium, OSB AUB,

More information

Erste Group Bank Workshop: Structured Trade Finance in CEE

Erste Group Bank Workshop: Structured Trade Finance in CEE Erste Group Bank Workshop: Structured Trade Finance in CEE Structured Trade Finance in CEE: Topics to be covered What is Structured Trade Finance Is Structured Trade Finance applicable for the markets

More information

ISO 50001 Energy Management Standard Opportunities and Challenges

ISO 50001 Energy Management Standard Opportunities and Challenges ISO 50001 Energy Management Standard Opportunities and Challenges Presented by: Marco Matteini UNIDO Industrial Energy Efficiency Unit Hotel Ickale, Ankara, Turkey Tuesday, 18 May 2010 1 Presentation Outline

More information

Joint MDB Climate Finance Tracking

Joint MDB Climate Finance Tracking Joint MDB Climate Finance Tracking Jan Willem van de Ven, Senior Carbon Manager Carel Cronenberg, MRV Manager Fifth Meeting of the Standing Committee on Finance Bonn, Germany 27 30 August 2013 European

More information

PRIVATE SECTOR INVESTORS: TYPES, MOTIVATIONS, SOURCES AND FINANCING INSTRUMENTS WORKSHOP ON BUILDING MULTI-SOURCE REDD+ FINANCING STRATEGIES

PRIVATE SECTOR INVESTORS: TYPES, MOTIVATIONS, SOURCES AND FINANCING INSTRUMENTS WORKSHOP ON BUILDING MULTI-SOURCE REDD+ FINANCING STRATEGIES PRIVATE SECTOR INVESTORS: TYPES, MOTIVATIONS, SOURCES AND FINANCING INSTRUMENTS WORKSHOP ON BUILDING MULTI-SOURCE REDD+ FINANCING STRATEGIES Antigua, Guatemala July 17 and 18, 2014 Potential Funding Sources

More information

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. OUTWARD INVESTMENT AGENCIES: Partners in Promoting Sustainable Development

UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. OUTWARD INVESTMENT AGENCIES: Partners in Promoting Sustainable Development UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT ipa No.4 2015 The IPA Observer OUTWARD INVESTMENT AGENCIES: Partners in Promoting Sustainable Development HIGHLIGHTS Outward investment agencies (OIAs)

More information

Black Sea Trade and Development Bank. Romania March 2011

Black Sea Trade and Development Bank. Romania March 2011 Black Sea Trade and Development Bank Romania March 2011 BSTDB Target Clients Project Finance Corporate Finance 1. Corporates in general industries, shipping, telecom and energy 2. BOT projects 3. Regional

More information

Financing Wind Energy in Emerging Markets and Developing Countries

Financing Wind Energy in Emerging Markets and Developing Countries Financing Wind Energy in Emerging Markets and Developing Countries Dr. Jens Drillisch GIZ Renewable Energy Week Berlin, 26 th September 2012 KfW's promotional activities worldwide Tasks of the different

More information

Third Quarterly Report 2006.

Third Quarterly Report 2006. Third Quarterly Report 2006. KFW BANKENGRUPPE. Development of operations. In the first three quarters of 2006 the total financing volume of KfW Bankengruppe rose to EUR 51.8 billion, up by more than a

More information

Polish Green Investment Scheme Setting the benchmark for good practice?

Polish Green Investment Scheme Setting the benchmark for good practice? Polish Green Investment Scheme Setting the benchmark for good practice? Grzegorz Peszko Senior Energy/Environmental Economist European Bank for Reconstruction and Development GIS: Why EBRD? GIS hosts =

More information

Small Business Initiative. Investing in small businesses, building big economies

Small Business Initiative. Investing in small businesses, building big economies Small Business Initiative Investing in small businesses, building big economies Impact: This contributes to creating a vibrant small and medium-sized enterprise (SME) sector, a vital ingredient for a healthy

More information

Preparing for Scaled-up Climate Financing: New Business Opportunities for Green Growth

Preparing for Scaled-up Climate Financing: New Business Opportunities for Green Growth SUMMARY WORKSHOP REPORT Preparing for Scaled-up Climate Financing: New Business Opportunities for Green Growth An Asia Low Emission Development Strategies (LEDS) Partnership Workshop on Financing for Green

More information

2. Executive Summary. Emissions Trading Systems in Europe and Elsewhere

2. Executive Summary. Emissions Trading Systems in Europe and Elsewhere 2. Executive Summary With the introduction of CO 2 emission constraints on power generators in the European Union, climate policy is starting to have notable effects on energy markets. This paper sheds

More information

5 th EU-Africa Business Forum Joint Business Declaration at the 4 th EU-Africa Summit

5 th EU-Africa Business Forum Joint Business Declaration at the 4 th EU-Africa Summit 5 th EU-Africa Business Forum Joint Business Declaration at the 4 th EU-Africa Summit Brussels, 2 nd April 2014 On 31 March and 1 April 2014, the fifth EU-Africa Business Forum took place in Brussels,

More information

Optimizing World Bank Group Resources and Supporting Infrastructure Financing 1

Optimizing World Bank Group Resources and Supporting Infrastructure Financing 1 Optimizing World Bank Group Resources and Supporting Infrastructure Financing 1 At their meeting in February 2014, G20 Ministers of Finance and Central Bank Governors requested the World Bank Group (WBG)

More information

KfW Experience in Financing Grid- Connected Renewable Energy

KfW Experience in Financing Grid- Connected Renewable Energy KfW Experience in Financing Grid- Connected Renewable Energy International Grid-Connected Renewable Energy Policy Forum, Mexico City, February 1-3, 2006 Ulrich Schoppmeyer, KfW, Director Office for Central

More information

Frank M. Rapoport Featured in Corporate Livewire s Infrastructure 2014 Virtual Roundtable as a Leading Expert

Frank M. Rapoport Featured in Corporate Livewire s Infrastructure 2014 Virtual Roundtable as a Leading Expert PRESS RELEASE R E S U L T S F I R S T SM Frank M. Rapoport Featured in Corporate Livewire s Infrastructure 2014 Virtual Roundtable as a Leading Expert FRANK M. RAPOPORT Frank M. Rapoport was featured in

More information

First Quarterly Report 2008.

First Quarterly Report 2008. First Quarterly Report 2008. KFW BANKENGRUPPE. At the beginning of the year 2008 KfW adapted the reporting system of KfW Bankengruppe to take better account of the greater need for information about its

More information

Indonesia Solar Loan (ISL) Programme: Lessons learned for Solar PV project development

Indonesia Solar Loan (ISL) Programme: Lessons learned for Solar PV project development Lessons learned for Solar PV project development Marjan Stojiljkovic FS-UNEP Collaborating Centre for Climate and Sustainable Energy Finance GIZ Workshop, March 7th, 2012 Berlin, Germany F r a n k f u

More information

Blending loans and grants: to blend or not to blend?

Blending loans and grants: to blend or not to blend? Blending loans and grants: to blend or not to blend? San Bilal and Florian Kratke 22 May 2013 Blending loans and grants has become common practice in international development finance. It is one of the

More information

UNECE Activities to Support Financing and Development of Coal Mine Methane Projects:

UNECE Activities to Support Financing and Development of Coal Mine Methane Projects: UNECE Activities to Support Financing and Development of Coal Mine Methane Projects: Steering Committee of the EE 21 Project 30 May 2007 Geneva Clark Talkington Secretary UNECE Ad Hoc Group of Experts

More information

Green Bonds: mobilising institutional investors capital for climate investments

Green Bonds: mobilising institutional investors capital for climate investments Green Bonds: mobilising institutional investors capital for climate investments Justine Leigh-Bell Senior Manager, Climate Bonds Initiative November 2015 Challenge Global infrastructure investment needs

More information

Liberia Leasing Investment Forum

Liberia Leasing Investment Forum Finance Leasing in Liberia: Unlocking Accelerated Market and Business Development Adopting Best Practice Models to Make Leasing Work in Liberia Minerva Kotei Monrovia, A 40 Year Commitment to Leasing A

More information

Who We Are, What We Do

Who We Are, What We Do IFC in Brief Who We Are, What We Do IFC is the largest global development institution focused exclusively on the private sector the global leader in private sector development finance We create opportunity

More information

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S.

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S. The European Renewable Energy Directive and international Trade Laurent Javaudin Delegation of the European Commission to the U.S. The European Union 27 Member States 490 million people 2 Outline The Present:

More information

SOLAR PROJECTS FINANCE POSSIBILITIES AND PROJECTS DEVELOPMENT

SOLAR PROJECTS FINANCE POSSIBILITIES AND PROJECTS DEVELOPMENT SOLAR PROJECTS FINANCE POSSIBILITIES AND PROJECTS DEVELOPMENT Belgrade March 2014 SA Group An Austrian Consulting Group specialised in the development support of projects and investments in emerging markets

More information

Northern Dimension Environmental Partnership

Northern Dimension Environmental Partnership -opportunities for Finnish companies Jaakko Henttonen,, NDEP Manager EBRD St Petersburg Turku 19 May 2011 Belarus and Russia need more effective municipal wastewater treatment 40% of Belarus within the

More information

Production of Electricity with RES & CHP for Homeowners

Production of Electricity with RES & CHP for Homeowners A Quality and Technology Network PERCH Production of Electricity with RES & CHP for Homeowners Contract No: EIE/06/107/SI2.446527 Duration:1/11/2006 31/10/2008 Partnership for Energy and Environmental

More information

G20 Climate Finance Study Group Report to the Finance Ministers

G20 Climate Finance Study Group Report to the Finance Ministers G20 Climate Finance Study Group Report to the Finance Ministers September, 2014 Executive Summary The CFSG was established by Finance Ministers, in April 2012, and was welcomed by Leaders in the Los Cabos

More information

Annex 1: Conceptual Framework of the Swiss-Polish Cooperation Programme

Annex 1: Conceptual Framework of the Swiss-Polish Cooperation Programme Annex 1: Conceptual Framework of the Swiss-Polish Cooperation Programme The Conceptual Framework is an integral part of the Framework Agreement between the Swiss Federal Council and the Government of the

More information

Financing Opportunities of Photovoltaic Projects in Turkey - Status and Perspectives -

Financing Opportunities of Photovoltaic Projects in Turkey - Status and Perspectives - Financing Opportunities of Photovoltaic Projects in Turkey - Status and Perspectives - Berlin, 19 th November 2013 Content 1. Introduction 2. DEG at a Glance 3. Overview of DEG s Financial Products 4.

More information

AHK-Geschäftsreiseprogramm German Trade Mission to Israel. Financing Options for Energy Efficiency Projects

AHK-Geschäftsreiseprogramm German Trade Mission to Israel. Financing Options for Energy Efficiency Projects AHK-Geschäftsreiseprogramm German Trade Mission to Israel Financing Options for Energy Efficiency Projects Jens Hauser, GFA ENVEST Tel Aviv, November 2011 The Financing Advisory Instrument of BMWi s EnEff

More information

Environmental Protection and Energy Efficiency Fund in financing EE and RES programs and projects

Environmental Protection and Energy Efficiency Fund in financing EE and RES programs and projects Republic of Croatia Environmental Protection and Energy Efficiency Fund Environmental Protection and Energy Efficiency Fund in financing EE and RES programs and projects Marija Šćulac Domac Assistant Director

More information

Expert Group Meeting on Promoting Market-Driven Access to Sustainable Modern Energy Services in the Arab Rural Regions

Expert Group Meeting on Promoting Market-Driven Access to Sustainable Modern Energy Services in the Arab Rural Regions United Nations Economic and Social Commission for Western Asia Expert Group Meeting on Promoting Market-Driven Access to Sustainable Modern Energy Services in the Arab Rural Regions Financial mechanisms:

More information

Solar urban planning. The National state of the art in Austria

Solar urban planning. The National state of the art in Austria Solar urban planning The National state of the art in Austria Entity Climate Alliance Austria April 2010 1 INDICE...2 1. Political, legal and economic framework...3 1.1. Please describe the national policy

More information

Ministero dello Sviluppo Economico

Ministero dello Sviluppo Economico Ministero dello Sviluppo Economico Marcello Capra Department of Energy (Italian Delegate European SET Plan) EU and Italian Policy on Smart City European Smart City Conference Green City Energy ONtheSEA

More information

KfW at a glance. Structure and Mission of KfW. Antje Oberländer, Management Affairs Den Haag/ April 5, 2016

KfW at a glance. Structure and Mission of KfW. Antje Oberländer, Management Affairs Den Haag/ April 5, 2016 KfW at a glance Structure and Mission of KfW Antje Oberländer, Management Affairs Den Haag/ April 5, 2016 Agenda 1 KfW An Introduction 2 KfW Domestic Promotion 3 KfW International Business 2 KfW An Introduction

More information

Invitation for Expression of Interest

Invitation for Expression of Interest Invitation for Expression of Interest Consulting Services for the Transaction Advisory Services for involvement of operator being able to manage based on a lease contract in areas serviced by Yerevan Water

More information

Economic cost of cheap Russian gas

Economic cost of cheap Russian gas Policy Briefing Series [PB/05/2011] Economic cost of cheap Russian gas Analysis and Policy Recommendations Ricardo Giucci, Georg Zachmann Germany Advisory Group Ukraine Berlin/Kyiv, April 2011 Motivation

More information

HORIZON 2020. ENERGY context and Calls 2014/15. Ljubljana, 23 January 2014 THE EU FRAMEWORK PROGRAMME FOR RESEARCH AND INNOVATION

HORIZON 2020. ENERGY context and Calls 2014/15. Ljubljana, 23 January 2014 THE EU FRAMEWORK PROGRAMME FOR RESEARCH AND INNOVATION THE EU FRAMEWORK PROGRAMME FOR RESEARCH AND INNOVATION HORIZON 2020 ENERGY context and Calls 2014/15 Ljubljana, 23 January 2014 Jeroen SCHUPPERS European Commission, DG Research and Innovation Europe's

More information

Innovation and PPP financing: The European Investment Fund

Innovation and PPP financing: The European Investment Fund Innovation and PPP financing: The European Investment Fund Dr. Helmut Kraemer-Eis Head of Research & Market Analysis European Investment Fund UNECE - 12 February 2014 Geneva What is the EIF? As part of

More information