Financial Mechanisms for Clean Energy in Small Island Developing States
This report explores the potential financing mechanism options that can be employed to catalyze more private sector investment in clean energy (renewable energy and energy efficiency) in the small island developing states (SIDS). Various financial...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/11/25256052/financial-mechanisms-clean-energy-small-island-developing-states http://hdl.handle.net/10986/22914 |
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okr-10986-22914 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
FACILITY FUND BORROWER FINANCE INITIATIVE ECONOMIC GROWTH DEVELOPMENT ASSISTANCE PROPERTY TAX FINANCING INTEREST SOFT LOANS ENTREPRENEURS REPAYMENTS EQUITY FINANCING CAPACITY BUILDING LOAN FEE ENDOWMENT BORROWERS PAYMENTS DEVELOPMENT FINANCE INSTITUTIONS CASH FLOWS MFIS CREDIT OFFICERS FUNDING SOURCES REVOLVING FUNDS ACCESS TO FUNDS EQUITY CAPITAL HOUSING LOANS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES INDEBTEDNESS FINANCIAL INSTITUTION LOAN FUND MARKET DEVELOPMENT HIGH INTEREST RATES LOAN DEFAULTS COMMERCIAL BANK MORAL HAZARD PARTIAL CREDIT LOAN PRODUCTS FINANCES CREDIT RISKS FINANCIAL INSTITUTIONS PAYMENT DEBT SOURCE OF FUNDS MICRO LOANS MICRO-CREDIT SCHEME LOAN REPAYMENTS PUBLIC FINANCE FINANCIAL • MARKET VENTURE CAPITAL ENTERPRISES INVESTMENT OPPORTUNITIES DEBT SERVICE APPROVAL PROCESS COMMERCIAL BANKING LOAN SIZES DONOR FUNDS BANK FINANCING FUTURE CASH FLOWS TERM CREDIT SEED FUNDING BANKS INVESTMENT DECISIONS UNIONS DEBT FINANCING AFFORDABILITY CAPITAL BUSINESS PLAN CUSTOMER BASE CAPITAL INJECTION ACCESS TO FINANCE BUSINESS DEVELOPMENT DEVELOPMENT BANKS BANK EQUITY FUNDS LOAN GUARANTEES EXTERNAL FUNDS DEBT FINANCE INSTITUTIONAL CAPACITY MEZZANINE FUND CREDIT GUARANTEE CREDIT RISK PROFITABILITY GOVERNMENT POLICIES MICROFINANCE ECONOMIC DEVELOPMENT BANK LOAN LOAN APPLICATIONS SOURCES OF FUNDS EQUITY FUND CREDIT GUARANTEES FINANCIAL INTERMEDIATION FINANCIAL INTERMEDIARIES RATES OF RETURN COMMERCIAL BANKS HOUSEHOLDS LOAN SIZE PRIVATE INVESTORS EQUIPMENT PURCHASE DEVELOPMENT FINANCE FINANCIAL SUPPORT LENDING POLICY INVESTMENT PLAN CAPITAL INVESTMENT CAPITAL COSTS CREDIT LINES PROFITABLE BUSINESS DOWN PAYMENTS DEVELOPMENT BANK CASH FLOW MFI MICROFINANCE INSTITUTION TARIFFS ADVISORY SERVICES LINE OF CREDIT CAPITAL MARKETS CAPITAL FUNDS FACILITATION MATCHING FUNDS GUARANTEES EQUITABLE ACCESS INTEREST RATE PROPERTY RIGHTS REVOLVING FUND DIRECT CREDIT FINANCIAL RESOURCES COMMERCIAL FINANCE MORTGAGE SOURCES OF FINANCE SUBSIDY TRANSACTION COST INTERNATIONAL BANK AGRICULTURE ORGANIZATION LENDER FINANCING FACILITY BANK LENDING INTERNATIONAL FINANCE CREDITS FINANCIAL SUSTAINABILITY SAVINGS START-UP PUBLIC-PRIVATE PARTNERSHIP CREDIT UNIONS LOAN FUNDS MICRO-FINANCE INSTITUTIONS UNION ADMINISTRATIVE CAPACITY PUBLIC FUNDS REVOLVING LOAN INTEREST RATES LIMITED ACCESS ELIGIBILITY CRITERIA FINANCIAL VIABILITY FINANCIAL PRODUCTS LENDERS BANKERS LOANS PRIVATE EQUITY FINANCE ADMINISTRATIVE COSTS FREE LOANS CREDIT LINE COLLATERAL REQUIREMENTS MICRO-CREDIT EQUITY GRANT CREDIT CONSTRAINTS LOAN GUARANTEE OPERATING COSTS PROPERTY TAXES DONOR RESOURCES ACCESS TO CAPITAL CREDIT EQUITY INVESTMENTS UNIVERSAL ACCESS INVESTMENT BANK FINANCIAL INSTRUMENTS REPAYMENT ENTERPRISE APPROVAL PROCESSES PROPERTY EQUITY INVESTORS BALANCE SHEET TRANSACTION COSTS BANK ACCOUNTS CREDIT SCHEME INTERESTS ECONOMIC BARRIERS SPECIAL FUNDS BANK LOANS SECURITY FINANCIAL MARKET INVESTMENT BALANCE SHEETS COLLATERAL MICRO-FINANCE FINANCIAL MARKETS TARIFF COOPERATION FINANCIAL INTERMEDIARY INITIAL FUNDING BORROWING INVESTMENTS RETURN ON INVESTMENT TECHNICAL SUPPORT IMPORT DUTY BARRIERS TO INVESTMENT GUARANTEE |
| spellingShingle |
FACILITY FUND BORROWER FINANCE INITIATIVE ECONOMIC GROWTH DEVELOPMENT ASSISTANCE PROPERTY TAX FINANCING INTEREST SOFT LOANS ENTREPRENEURS REPAYMENTS EQUITY FINANCING CAPACITY BUILDING LOAN FEE ENDOWMENT BORROWERS PAYMENTS DEVELOPMENT FINANCE INSTITUTIONS CASH FLOWS MFIS CREDIT OFFICERS FUNDING SOURCES REVOLVING FUNDS ACCESS TO FUNDS EQUITY CAPITAL HOUSING LOANS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES INDEBTEDNESS FINANCIAL INSTITUTION LOAN FUND MARKET DEVELOPMENT HIGH INTEREST RATES LOAN DEFAULTS COMMERCIAL BANK MORAL HAZARD PARTIAL CREDIT LOAN PRODUCTS FINANCES CREDIT RISKS FINANCIAL INSTITUTIONS PAYMENT DEBT SOURCE OF FUNDS MICRO LOANS MICRO-CREDIT SCHEME LOAN REPAYMENTS PUBLIC FINANCE FINANCIAL • MARKET VENTURE CAPITAL ENTERPRISES INVESTMENT OPPORTUNITIES DEBT SERVICE APPROVAL PROCESS COMMERCIAL BANKING LOAN SIZES DONOR FUNDS BANK FINANCING FUTURE CASH FLOWS TERM CREDIT SEED FUNDING BANKS INVESTMENT DECISIONS UNIONS DEBT FINANCING AFFORDABILITY CAPITAL BUSINESS PLAN CUSTOMER BASE CAPITAL INJECTION ACCESS TO FINANCE BUSINESS DEVELOPMENT DEVELOPMENT BANKS BANK EQUITY FUNDS LOAN GUARANTEES EXTERNAL FUNDS DEBT FINANCE INSTITUTIONAL CAPACITY MEZZANINE FUND CREDIT GUARANTEE CREDIT RISK PROFITABILITY GOVERNMENT POLICIES MICROFINANCE ECONOMIC DEVELOPMENT BANK LOAN LOAN APPLICATIONS SOURCES OF FUNDS EQUITY FUND CREDIT GUARANTEES FINANCIAL INTERMEDIATION FINANCIAL INTERMEDIARIES RATES OF RETURN COMMERCIAL BANKS HOUSEHOLDS LOAN SIZE PRIVATE INVESTORS EQUIPMENT PURCHASE DEVELOPMENT FINANCE FINANCIAL SUPPORT LENDING POLICY INVESTMENT PLAN CAPITAL INVESTMENT CAPITAL COSTS CREDIT LINES PROFITABLE BUSINESS DOWN PAYMENTS DEVELOPMENT BANK CASH FLOW MFI MICROFINANCE INSTITUTION TARIFFS ADVISORY SERVICES LINE OF CREDIT CAPITAL MARKETS CAPITAL FUNDS FACILITATION MATCHING FUNDS GUARANTEES EQUITABLE ACCESS INTEREST RATE PROPERTY RIGHTS REVOLVING FUND DIRECT CREDIT FINANCIAL RESOURCES COMMERCIAL FINANCE MORTGAGE SOURCES OF FINANCE SUBSIDY TRANSACTION COST INTERNATIONAL BANK AGRICULTURE ORGANIZATION LENDER FINANCING FACILITY BANK LENDING INTERNATIONAL FINANCE CREDITS FINANCIAL SUSTAINABILITY SAVINGS START-UP PUBLIC-PRIVATE PARTNERSHIP CREDIT UNIONS LOAN FUNDS MICRO-FINANCE INSTITUTIONS UNION ADMINISTRATIVE CAPACITY PUBLIC FUNDS REVOLVING LOAN INTEREST RATES LIMITED ACCESS ELIGIBILITY CRITERIA FINANCIAL VIABILITY FINANCIAL PRODUCTS LENDERS BANKERS LOANS PRIVATE EQUITY FINANCE ADMINISTRATIVE COSTS FREE LOANS CREDIT LINE COLLATERAL REQUIREMENTS MICRO-CREDIT EQUITY GRANT CREDIT CONSTRAINTS LOAN GUARANTEE OPERATING COSTS PROPERTY TAXES DONOR RESOURCES ACCESS TO CAPITAL CREDIT EQUITY INVESTMENTS UNIVERSAL ACCESS INVESTMENT BANK FINANCIAL INSTRUMENTS REPAYMENT ENTERPRISE APPROVAL PROCESSES PROPERTY EQUITY INVESTORS BALANCE SHEET TRANSACTION COSTS BANK ACCOUNTS CREDIT SCHEME INTERESTS ECONOMIC BARRIERS SPECIAL FUNDS BANK LOANS SECURITY FINANCIAL MARKET INVESTMENT BALANCE SHEETS COLLATERAL MICRO-FINANCE FINANCIAL MARKETS TARIFF COOPERATION FINANCIAL INTERMEDIARY INITIAL FUNDING BORROWING INVESTMENTS RETURN ON INVESTMENT TECHNICAL SUPPORT IMPORT DUTY BARRIERS TO INVESTMENT GUARANTEE World Bank Group Financial Mechanisms for Clean Energy in Small Island Developing States |
| description |
This report explores the potential
financing mechanism options that can be employed to catalyze
more private sector investment in clean energy (renewable
energy and energy efficiency) in the small island developing
states (SIDS). Various financial instruments that have been
used successfully to date are described and placed in the
context of the issues and constraints of the SIDS, with
suggested options for discussion and follow up. Green
infrastructure finance, as defined in the report, makes the
important point that is the combination of financial and
nonfinancial interventions and instruments that can make
green investments in infrastructure more affordable and less
risky to private sponsors, financial markets, and
governments. The objective of this report is to identify and
assess options that can help increase investment in
renewable energy and energy efficiency in SIDS through the
adoption and funding of financing mechanisms by SIDS and
development partners with special attention given to the
role that the private sector can play. Many renewable energy
technologies are characterized by high initial capital costs
with relatively low operating costs compared to thermal
alternatives. By providing an analysis of options for a
financing facility to catalyze renewable energy and energy
efficiency, this work is intended to inform the discussions
among SIDS and development partners interested in actions to
stimulate investment in renewable energy and energy
efficiency. This report summarizes the results of the two
stages. The assessment and selection of options identifies a
number of measures that will be needed to stimulate
increased private sector participation - project sponsors
and developers, equity funds, lending institutions - for
energy efficiency and renewable energy. The background
material reviewed for this report has been summarized in the annexes. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Financial Mechanisms for Clean Energy in Small Island Developing States |
| title_short |
Financial Mechanisms for Clean Energy in Small Island Developing States |
| title_full |
Financial Mechanisms for Clean Energy in Small Island Developing States |
| title_fullStr |
Financial Mechanisms for Clean Energy in Small Island Developing States |
| title_full_unstemmed |
Financial Mechanisms for Clean Energy in Small Island Developing States |
| title_sort |
financial mechanisms for clean energy in small island developing states |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/11/25256052/financial-mechanisms-clean-energy-small-island-developing-states http://hdl.handle.net/10986/22914 |
| _version_ |
1764452423750909952 |
| spelling |
okr-10986-229142021-04-23T14:04:11Z Financial Mechanisms for Clean Energy in Small Island Developing States World Bank Group FACILITY FUND BORROWER FINANCE INITIATIVE ECONOMIC GROWTH DEVELOPMENT ASSISTANCE PROPERTY TAX FINANCING INTEREST SOFT LOANS ENTREPRENEURS REPAYMENTS EQUITY FINANCING CAPACITY BUILDING LOAN FEE ENDOWMENT BORROWERS PAYMENTS DEVELOPMENT FINANCE INSTITUTIONS CASH FLOWS MFIS CREDIT OFFICERS FUNDING SOURCES REVOLVING FUNDS ACCESS TO FUNDS EQUITY CAPITAL HOUSING LOANS TECHNICAL ASSISTANCE EQUIPMENT PURCHASES INDEBTEDNESS FINANCIAL INSTITUTION LOAN FUND MARKET DEVELOPMENT HIGH INTEREST RATES LOAN DEFAULTS COMMERCIAL BANK MORAL HAZARD PARTIAL CREDIT LOAN PRODUCTS FINANCES CREDIT RISKS FINANCIAL INSTITUTIONS PAYMENT DEBT SOURCE OF FUNDS MICRO LOANS MICRO-CREDIT SCHEME LOAN REPAYMENTS PUBLIC FINANCE FINANCIAL • MARKET VENTURE CAPITAL ENTERPRISES INVESTMENT OPPORTUNITIES DEBT SERVICE APPROVAL PROCESS COMMERCIAL BANKING LOAN SIZES DONOR FUNDS BANK FINANCING FUTURE CASH FLOWS TERM CREDIT SEED FUNDING BANKS INVESTMENT DECISIONS UNIONS DEBT FINANCING AFFORDABILITY CAPITAL BUSINESS PLAN CUSTOMER BASE CAPITAL INJECTION ACCESS TO FINANCE BUSINESS DEVELOPMENT DEVELOPMENT BANKS BANK EQUITY FUNDS LOAN GUARANTEES EXTERNAL FUNDS DEBT FINANCE INSTITUTIONAL CAPACITY MEZZANINE FUND CREDIT GUARANTEE CREDIT RISK PROFITABILITY GOVERNMENT POLICIES MICROFINANCE ECONOMIC DEVELOPMENT BANK LOAN LOAN APPLICATIONS SOURCES OF FUNDS EQUITY FUND CREDIT GUARANTEES FINANCIAL INTERMEDIATION FINANCIAL INTERMEDIARIES RATES OF RETURN COMMERCIAL BANKS HOUSEHOLDS LOAN SIZE PRIVATE INVESTORS EQUIPMENT PURCHASE DEVELOPMENT FINANCE FINANCIAL SUPPORT LENDING POLICY INVESTMENT PLAN CAPITAL INVESTMENT CAPITAL COSTS CREDIT LINES PROFITABLE BUSINESS DOWN PAYMENTS DEVELOPMENT BANK CASH FLOW MFI MICROFINANCE INSTITUTION TARIFFS ADVISORY SERVICES LINE OF CREDIT CAPITAL MARKETS CAPITAL FUNDS FACILITATION MATCHING FUNDS GUARANTEES EQUITABLE ACCESS INTEREST RATE PROPERTY RIGHTS REVOLVING FUND DIRECT CREDIT FINANCIAL RESOURCES COMMERCIAL FINANCE MORTGAGE SOURCES OF FINANCE SUBSIDY TRANSACTION COST INTERNATIONAL BANK AGRICULTURE ORGANIZATION LENDER FINANCING FACILITY BANK LENDING INTERNATIONAL FINANCE CREDITS FINANCIAL SUSTAINABILITY SAVINGS START-UP PUBLIC-PRIVATE PARTNERSHIP CREDIT UNIONS LOAN FUNDS MICRO-FINANCE INSTITUTIONS UNION ADMINISTRATIVE CAPACITY PUBLIC FUNDS REVOLVING LOAN INTEREST RATES LIMITED ACCESS ELIGIBILITY CRITERIA FINANCIAL VIABILITY FINANCIAL PRODUCTS LENDERS BANKERS LOANS PRIVATE EQUITY FINANCE ADMINISTRATIVE COSTS FREE LOANS CREDIT LINE COLLATERAL REQUIREMENTS MICRO-CREDIT EQUITY GRANT CREDIT CONSTRAINTS LOAN GUARANTEE OPERATING COSTS PROPERTY TAXES DONOR RESOURCES ACCESS TO CAPITAL CREDIT EQUITY INVESTMENTS UNIVERSAL ACCESS INVESTMENT BANK FINANCIAL INSTRUMENTS REPAYMENT ENTERPRISE APPROVAL PROCESSES PROPERTY EQUITY INVESTORS BALANCE SHEET TRANSACTION COSTS BANK ACCOUNTS CREDIT SCHEME INTERESTS ECONOMIC BARRIERS SPECIAL FUNDS BANK LOANS SECURITY FINANCIAL MARKET INVESTMENT BALANCE SHEETS COLLATERAL MICRO-FINANCE FINANCIAL MARKETS TARIFF COOPERATION FINANCIAL INTERMEDIARY INITIAL FUNDING BORROWING INVESTMENTS RETURN ON INVESTMENT TECHNICAL SUPPORT IMPORT DUTY BARRIERS TO INVESTMENT GUARANTEE This report explores the potential financing mechanism options that can be employed to catalyze more private sector investment in clean energy (renewable energy and energy efficiency) in the small island developing states (SIDS). Various financial instruments that have been used successfully to date are described and placed in the context of the issues and constraints of the SIDS, with suggested options for discussion and follow up. Green infrastructure finance, as defined in the report, makes the important point that is the combination of financial and nonfinancial interventions and instruments that can make green investments in infrastructure more affordable and less risky to private sponsors, financial markets, and governments. The objective of this report is to identify and assess options that can help increase investment in renewable energy and energy efficiency in SIDS through the adoption and funding of financing mechanisms by SIDS and development partners with special attention given to the role that the private sector can play. Many renewable energy technologies are characterized by high initial capital costs with relatively low operating costs compared to thermal alternatives. By providing an analysis of options for a financing facility to catalyze renewable energy and energy efficiency, this work is intended to inform the discussions among SIDS and development partners interested in actions to stimulate investment in renewable energy and energy efficiency. This report summarizes the results of the two stages. The assessment and selection of options identifies a number of measures that will be needed to stimulate increased private sector participation - project sponsors and developers, equity funds, lending institutions - for energy efficiency and renewable energy. The background material reviewed for this report has been summarized in the annexes. 2015-11-09T18:27:09Z 2015-11-09T18:27:09Z 2015-01 Report http://documents.worldbank.org/curated/en/2015/11/25256052/financial-mechanisms-clean-energy-small-island-developing-states http://hdl.handle.net/10986/22914 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Investment Climate Assessment |