Access to Clean Energy For The Poor Through Microfinance CLEAN START
This contract is a contribution to the initiation phase of the UNCDF-Programme CLEAN START, which is defined as follows:
Programme Outcome: By end of programme, increased sustainable access to clean and affordable energy by more than 2.5 million clients (low-income households and micro-entrepreneurs) through microfinance loans.
1. Finance for Clean Energy to strengthen capabilities of 18 MFIs to provide microfinance for clean energy to low-income households and micro-entrepreneurs;
2. Technical Assistance for Clean Energy to remove barriers to the successful deployment of those technologies and services for which the selected MFIs will provide microfinance;
3. Global Knowledge and Learning to enhance understanding and awareness globally of the potential for microfinance to scale-up access to clean energy and make available the tools and knowledge needed to scale-up access to clean energy beyond the project; and
4. Advocacy and Partnerships to create an enabling policy and business environment to expand microfinance for clean energy.
Initially, Clean Start will support FSPs (Financial Service Providers) in pilot countries in Africa and Asia. This will enable closer cooperation with FSPs and energy suppliers, as well as on-the-ground programming experience. The purpose of the initiation phase is to demonstrate proof of concept, document and lessons learnt, and to establish the project support structure.