peter storey - overview and experiences in asia of an innovative programme to accelerate technology...

7/31/2019 Peter Storey - Overview and Experiences in Asia of an Innovative Programme to Accelerate Technology Transfer to Mitigate and Adapt to Climate Change

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Overview & Experiences in Asia of anInnovative Programme to accelerate

Technology Transfer to mitigate andadapt to Climate Change

Peter StoreyAsia Clean Energy Forum, Manila, 6th June 2012


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connecting clean energy businesses with financing

CTI PFAN What it is & how it works

Overview of Asian Activities & Development Pipeline

Expereinces of PFAN in Asia to date

Future Scale-Up

Summary

Contents


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CTI PFAN Objectives

Clean EnergyBusinesses &

Projects

Investment Sources

(Financiers, Banks)

$

Seeking financing Seeking projects /

businesses

The Missing Middle:

Lack of Access to Financing

Policy Dialogue

(barriers and

solutions)

Training Financial

Institutions

Coaching &

mentoring

Government

(policies)

PUSH

PUSH

PUSH

How a multi-pronged approach can scale up clean energy deployment


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Introduction to CTI

PFAN

CTI PFAN is a Multi-Lateral Initiative: CTI Countries / ICETT / REEEP / USAID

Network of Private Sector Professionals Investors / Consultants Exclusive focus on developing countries

CTI PFAN goals: to accelerate technology transfer and diffusion under the UNFCCC

to promote low-carbon, sustainable economic development

to increase financing opportunities for promising clean energy projects

Connects CE projects with Investors / Financing

Triple bottom line approach


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CTI PFAN NETWORK MEMBERS

CTI PFANS FUNDING PARTNERS

ManagementConsultantRegulatoryEconomics &Finance

FE CLEAN ENERGY GROUP

INC.


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PFAN Services Free Coaching on Project Development & Financing

Matchmaking Sourcing of Equity & Debt

2 Entry Points

Unsolicited Proposal Submission for Development Pipeline from any Source

Regional & Country based RFPs / (CE Financing Fora)

Bankable BPInvestor PPT

Project Data Sheet

Coaching

Showcasingat Investor

ForumCompressedTime Cycle

FinancialClose

Introductionto Investors

Long Term Development

Open Time CycleProjectProposal

Analysis &Selection /

Induction toPipeline


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Project Criteria

USD 1 50 millionTotal Investment

Micro Projects(< USD 1 million)

Wind / Solar / W2E

Biogas / Hydro / EE /Biomass / Biofuels /Geothermal / RuralElectrification / Clean

Transport / Mitigation /Adaptation

Technology Neutral

PFANProjects

PFANProjects

CommerciallyViable

CommerciallyViable

GrowthPotentialGrowth

Potential

CompetentManagement

Team

CompetentManagement

Team

DevelopmentBenefits

(MDGs)

DevelopmentBenefits

(MDGs)

ReduceGHG

Emissions

ReduceGHG

Emissions

TechnicallyViable

TechnicallyViable


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Global Snapshot of

CTI PFAN

Latin America

Asia

Southern Africa

Central America& Caribbean

CIS & Central Asia

East Africa

West

Africa


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Asia Pipeline Overview

Activities Launched in 2009

Until Sep 2011 managed by ECO Asia CDCP via funding from USAID

5 Dedicated Networks established China, India, Indonesia, Philippines (Thailand)

Regional coverage across Asia

80 Projects in the Development Pipeline

USD 3,2 billion of Investment

4,7 million tonnes pa CO2 e GHG reduction potential

> 1.424 MW of clean capacity

22 Projects Closed / USD 320 million raised 136 MW of Installed Clean Capacity

642.000 tonnes CO2 e reduction pa

94,5 GWhrs pa Energy Savings (EE projects)


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Asia Pipeline May 2012

Biofuels11%

Biomass15%

Biogas13%

W2E4%

Hydro15%

Wind6%

Solar16%

Geothermal 4%

EE 10%

CleanTransport2%

Other5%

By Region

By Technology

Indonesia22% Laos

3%

Nepal1%

India25%

Sri Lanka2%

Bangladesh1%

Philippines17%

Regional2%

Thailand1%

China22%

Vietnam4%


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Experience in Asia

Technology Transfer for Climate Change is not being constrainedby lack of projects or lack of funding per se

Lots of good viable projects out there

Some Gaps

Early Stage Development Funding / Proof of Concept

Developer Capacity Gap / Investor Awareness Gap

Importance of Regulation (correlation to pipeline activity & success)

Requirement for Technical Assistance Funding to achieveConditions Precedent

Linkages to other activities (UNFCCC / ADB / NVI etc)

Market Differentiation

Possibility of sustainability in the more mature markets


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Future Scale-Up in Asia

New dedicated Funding from USAID for CTI PFAN Asia from laterthis year.

Objective: Mobilize at least $1 billion in clean energy investmentacross Asia and establish a permanent "PFAN-Asia Platform" tocontinue scaling up investment over the long term

Activities: Catalyze clean energy financing across Asia

Establish self-sustaining regional PFAN-Asia institutional platform

Knowledge-sharing

Countries:

Cambodia, Laos, Indonesia, Malaysia, Philippines, Thailand & Vietnam

Possible others: Bangladesh, India, Maldives, Nepal & Sri Lanka


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Summary

Need for a market facilitator, especially in the least developed andless sophisticated markets

CTI PFAN is a succesful model. Good Success Rates

Getting More Projects to Financial Close & facilitating Interactionbetween Developers & Investors

High levels of Donor Leverage > 1:100

CTI PFAN Asia is showing the way for scale-up of the PFAN model

around the globe Diversification & Expansion of Funding Base

Move to an Institutional and Sustainable Platform

Starting in Asia then transitioning to other regions


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Contacts

Elmer Holt, Vice Chair of CTI / PFAN Manager([email protected])

Taiki Kuroda, Programme Secretariat ([email protected])

Peter Storey, Global Co-ordinator ([email protected])

Frederic Crampe, Regional Co-ordinator Asia([email protected])

www.cti-pfan.net

www.climatetech.net

Thank You

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