Projekte

Kurzbeschreibung:

Projektziel

The foundation Clean Energy and Energy Inclusion for Africa (CEI Africa) aims to support the growth of renewable energy solutions in the energy access sector in Sub Saharan Africa by delivering a variety of debt, equity and risk mitigation instruments in combination with Results Based Financing (RBF) grants. By funding providers of rural electrification methods like Green Mini Grids (GMG) and Solar Home Systems (SHS) as well as a productive use of electricity (PUE) through Social Impact Incentives (SIINC), CEI Africa targets a social and economic development and creates opportunities for “Bottom of the Pyramid” BoP customers and the communities involved.

The goal of the initial phase is reached, when the Smart Outcomes component is designed and ready to be implemented.

Erwartete Ergebnisse

RBF is a grant-giving mechanism that places the bonus of achieving the result on the beneficiary; the grant provider runs little to no risk because nothing is paid unless results have been achieved and verified. The Social Impact Incentive model is a form of RBF that focuses more on incentivizing service providers to improve the economic or physical impact that the product or service has on consumers or consumer’s communities. It is focused on outcome and therefore has greater leverage than traditional RBF, which is solely outputs-based. In particular, the adoption of PUE can have far-reaching impacts, such as increased incomes, gender economic inclusion, job creation, and improved health care. In addition, the Social Outcomes component will help meet energy needs in rural Africa.

Zielgruppe

During the initial phase the Smart Outcomes component is focused on the GMG sector and on supporting GMG developers. Beneficiaries are also African SMEs that depend on the additional energy delivered by the renewable energy solutions. Furthermore, the Smart Outcomes component is designed to contribute to the economic empowerment of woman.

CEI Africa will operate in Sub-Saharan Africa. Specific countries and regions will be decided in the initial design phase.

Maßnahmen

This initial phase includes the design and development of the following aspects:

- Define general parameters of the SIINC.

- Consultation and validations by important stakeholders to collect inputs.

- Define discrete objectives that are specific, achievable and measurable and that are indicative for positive social and economic changes. The objectives selected should ideally represent win-win situations for the community as well as the energy providers.

- Fixing allocations by determining concrete PUE technologies objectives and calculating the paid bonuses with the help of a point system.

- Select SMART indicators to quantify the Smart Outcomes objectives. Therefore, data will be colleted first.

- Structure the Facility.

- Building and selecting of useful pipelines.

- Fitting the Smart Outcomes component into the overall CEI Operations Manual and addressing the required operations details.

- Design a monitoring and evaluation protocol to isolate the impacts particulary attributed to the Smart Outcomes component and funding.

- Budgeting and preparing an Implementation Schedule.

Hintergrundinformation

Under the Energizing Development (EnDev) program in Kenya, the companies Roots of Impact and 60 decibels are piloting a full SIINC model where the payout of the RBF is directly linked to measured outcomes. The observations of this study, though based on only preliminary results, provide a good framework for areas of focus and improvement in design of the Smart Outcomes component of CEI Africa. The Foundation Management Consortium members are particularly aligned on testing the idea of a hybrid program to provide some amount of up-front grant funding with the larger share disbursed upon achieving SIINC outcomes which could help to de-risk some of the companies with regards to expectation on income from the grants and how to model their cash flow.