The Philippines : Options for FInancing Energy Efficiency in Public Buildings

The primary objective of this project was to identify options for addressing barriers to financing, for scaling up EE implementation in public buildings in the Philippines. Section two of this report provides a summary of the available data on publ...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	PUBLIC BUILDING ENERGY EFFICIENCY ENERGY SERVICE COMPANIES PUBLIC SECTOR ENERGY REGULATION ACCESS TO FINANCE ENERGY FINANCE PUBLIC FINANCE PUBLIC INVESTMENT MANAGEMENT BUSINESS MODEL
Online Access:	http://documents.worldbank.org/curated/en/498971521603027987/The-Philippines-Options-for-financing-energy-efficiency-in-public-buildings http://hdl.handle.net/10986/29615

id	okr-10986-29615
recordtype	oai_dc
spelling	okr-10986-296152021-09-10T10:59:17Z The Philippines : Options for FInancing Energy Efficiency in Public Buildings World Bank Group PUBLIC BUILDING ENERGY EFFICIENCY ENERGY SERVICE COMPANIES PUBLIC SECTOR ENERGY REGULATION ACCESS TO FINANCE ENERGY FINANCE PUBLIC FINANCE PUBLIC INVESTMENT MANAGEMENT BUSINESS MODEL The primary objective of this project was to identify options for addressing barriers to financing, for scaling up EE implementation in public buildings in the Philippines. Section two of this report provides a summary of the available data on public buildings, including the energy consumption characteristics of government buildings and facilities, estimates of the potential for energy savings, and investments needed. Section three discusses some of the barriers to financing EE that has been seen in other countries, and summarizes such barriers in the public sector in the Philippines, including legal and regulatory barriers; lack of access to commercial financing; institutional barriers; and limited implementation capacity. Section four provides information about international experience in the financing of public sector EE projects. It includes a review of six different financing mechanisms: budget financing; EE revolving funds; dedicated EE credit lines; risk-sharing programs; public or super ESCOs; and commercial financing using ESCOs and performance contracting. It also presents a comparative assessment of the key characteristics of each of these financing options. Section five identifies three options that are considered appropriate for implementation in the Philippines, budget financing, an EE revolving fund, and a public or super ESCO, and provides detailed information on each. It also presents information on the potential role of international financial institutions in providing complementary financial and technical assistance. Section six summarizes the advantages and limitations of the three proposed financing options; presents the World Bank’s recommendations; and provides guidance on moving forward with the development of a national program. 2018-04-03T20:05:54Z 2018-04-03T20:05:54Z 2018-03-21 Report http://documents.worldbank.org/curated/en/498971521603027987/The-Philippines-Options-for-financing-energy-efficiency-in-public-buildings http://hdl.handle.net/10986/29615 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work East Asia and Pacific Philippines
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PUBLIC BUILDING ENERGY EFFICIENCY ENERGY SERVICE COMPANIES PUBLIC SECTOR ENERGY REGULATION ACCESS TO FINANCE ENERGY FINANCE PUBLIC FINANCE PUBLIC INVESTMENT MANAGEMENT BUSINESS MODEL
spellingShingle	PUBLIC BUILDING ENERGY EFFICIENCY ENERGY SERVICE COMPANIES PUBLIC SECTOR ENERGY REGULATION ACCESS TO FINANCE ENERGY FINANCE PUBLIC FINANCE PUBLIC INVESTMENT MANAGEMENT BUSINESS MODEL World Bank Group The Philippines : Options for FInancing Energy Efficiency in Public Buildings
geographic_facet	East Asia and Pacific Philippines
description	The primary objective of this project was to identify options for addressing barriers to financing, for scaling up EE implementation in public buildings in the Philippines. Section two of this report provides a summary of the available data on public buildings, including the energy consumption characteristics of government buildings and facilities, estimates of the potential for energy savings, and investments needed. Section three discusses some of the barriers to financing EE that has been seen in other countries, and summarizes such barriers in the public sector in the Philippines, including legal and regulatory barriers; lack of access to commercial financing; institutional barriers; and limited implementation capacity. Section four provides information about international experience in the financing of public sector EE projects. It includes a review of six different financing mechanisms: budget financing; EE revolving funds; dedicated EE credit lines; risk-sharing programs; public or super ESCOs; and commercial financing using ESCOs and performance contracting. It also presents a comparative assessment of the key characteristics of each of these financing options. Section five identifies three options that are considered appropriate for implementation in the Philippines, budget financing, an EE revolving fund, and a public or super ESCO, and provides detailed information on each. It also presents information on the potential role of international financial institutions in providing complementary financial and technical assistance. Section six summarizes the advantages and limitations of the three proposed financing options; presents the World Bank’s recommendations; and provides guidance on moving forward with the development of a national program.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	The Philippines : Options for FInancing Energy Efficiency in Public Buildings
title_short	The Philippines : Options for FInancing Energy Efficiency in Public Buildings
title_full	The Philippines : Options for FInancing Energy Efficiency in Public Buildings
title_fullStr	The Philippines : Options for FInancing Energy Efficiency in Public Buildings
title_full_unstemmed	The Philippines : Options for FInancing Energy Efficiency in Public Buildings
title_sort	philippines : options for financing energy efficiency in public buildings
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/498971521603027987/The-Philippines-Options-for-financing-energy-efficiency-in-public-buildings http://hdl.handle.net/10986/29615
_version_	1764469818125189120

The Philippines : Options for FInancing Energy Efficiency in Public Buildings

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