Results-Based Financing in the Energy Sector : An Analytical Guide
Results based financing (RBF) approaches are becoming an increasingly popular way to support development objectives and wider public policy goals. The fundamental idea of RBF approaches is that payments that would otherwise be made automatically ar...
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| Format: | ESMAP Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17647719/results-based-financing-energy-sector-analytical-guide http://hdl.handle.net/10986/17481 |
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okr-10986-17481 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO ELECTRICITY ACCESS TO FINANCE ADMINISTRATIVE COSTS ADVISORY SERVICES AMOUNT OF RISK APPROACH AUCTION AUCTIONS AVAILABILITY BALANCE BALANCE SHEET BANKS BATTERIES BIOGAS BIOMASS BOILERS BUSINESS CYCLE BUSINESS MODEL BUSINESS MODELS BUYERS CAPACITY BUILDING CAPITAL CONSTRAINTS CAPITAL COST CAPITAL COSTS CAPITAL INVESTMENT CAPITAL MARKETS CARBON DIOXIDE CARBON ENERGY CARBON MARKET CASH FLOWS CASH TRANSFERS CLEAN ENERGY COMPACT FLUORESCENT LIGHT BULBS CONSUMERS CONTINGENCY PLANNING CONVENTIONAL FINANCE COORDINATION FAILURES COPYRIGHT COST EFFECTIVENESS CREDIBILITY CREDIT LINE CREDIT MARKETS CURRENCY CUSTOMER BASE DECISION TREE DECLINE IN ENERGY CONSUMPTION DEMAND PEAKS DEVELOPING COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ASSISTANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DISTRIBUTION NETWORK ECONOMIC CHARACTERISTICS ECONOMIC CLIMATE ECONOMIC GROWTH ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELIGIBILITY CRITERIA EMISSION EMPLOYEE ENERGY BILLS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY GENERATION ENERGY PRODUCTS ENERGY SAVINGS ENERGY SOURCES ENERGY USE EXCLUSION FINANCIAL DIFFICULTY FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL RISKS FINANCIAL VIABILITY FIXED COSTS FIXED INVESTMENT FUEL FUELS GENERATION CAPACITY GLOBAL KNOWLEDGE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS HOT WATER HOUSEHOLDS IMAGES INFORMATION ASYMMETRY INFRASTRUCTURE OPERATION INNOVATION INSTALLATION INSTALLMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTION INVESTMENT CLIMATE INVESTMENT REQUIREMENTS INVESTMENT RISK INVESTMENT RISKS KEROSENE KILOWATT HOUR LACK OF INFORMATION LENDING INSTRUMENT LOAN LOAN AGREEMENT MARKET DEVELOPMENT MARKET FAILURE MARKET FAILURES MATERIAL MATURITY NEGATIVE EXTERNALITY NETWORKS NEW MARKETS NEW TECHNOLOGY OPERATING COSTS PATENTS PEAK LOAD PERPETUITY PILOT PROJECT POINT OF SALE POSITIVE EXTERNALITIES POSITIVE EXTERNALITY POWER POWER CONSUMPTION POWER GENERATION POWER PRODUCERS PRICE UNCERTAINTY PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROCUREMENT PROCUREMENT PROCESSES PRODUCT SPECIFICATIONS PRODUCTION COSTS PROFITABILITY PROPERTY RIGHTS PUBLIC GOOD PUBLIC POLICY R&D RENEWABLE ENERGY RENEWABLE POWER RENEWABLE TECHNOLOGIES RESULT RESULTS RETURN RETURN ON INVESTMENT RETURNS RISK PREMIUM RURAL ELECTRIFICATION SELF-SUSTAINABILITY SERVICE PROVIDERS SHAREHOLDERS SMALL-SCALE ENTREPRENEUR SMALL-SCALE ENTREPRENEURS SOLAR ENERGY SOLAR HOME SYSTEMS SOLAR LANTERNS SUSTAINABLE ENERGY TARGETS TAX TAXONOMY TECHNICAL ASSISTANCE TECHNICAL SKILLS TECHNICAL SUPPORT TRADING TRANSACTION TRANSACTION COSTS TRANSMISSION USER USES UTILITIES VALUE CHAIN VALUE OF ENERGY VERIFICATION WEALTH WIND WIND POWER |
| spellingShingle |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO ELECTRICITY ACCESS TO FINANCE ADMINISTRATIVE COSTS ADVISORY SERVICES AMOUNT OF RISK APPROACH AUCTION AUCTIONS AVAILABILITY BALANCE BALANCE SHEET BANKS BATTERIES BIOGAS BIOMASS BOILERS BUSINESS CYCLE BUSINESS MODEL BUSINESS MODELS BUYERS CAPACITY BUILDING CAPITAL CONSTRAINTS CAPITAL COST CAPITAL COSTS CAPITAL INVESTMENT CAPITAL MARKETS CARBON DIOXIDE CARBON ENERGY CARBON MARKET CASH FLOWS CASH TRANSFERS CLEAN ENERGY COMPACT FLUORESCENT LIGHT BULBS CONSUMERS CONTINGENCY PLANNING CONVENTIONAL FINANCE COORDINATION FAILURES COPYRIGHT COST EFFECTIVENESS CREDIBILITY CREDIT LINE CREDIT MARKETS CURRENCY CUSTOMER BASE DECISION TREE DECLINE IN ENERGY CONSUMPTION DEMAND PEAKS DEVELOPING COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ASSISTANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DISTRIBUTION NETWORK ECONOMIC CHARACTERISTICS ECONOMIC CLIMATE ECONOMIC GROWTH ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELIGIBILITY CRITERIA EMISSION EMPLOYEE ENERGY BILLS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY GENERATION ENERGY PRODUCTS ENERGY SAVINGS ENERGY SOURCES ENERGY USE EXCLUSION FINANCIAL DIFFICULTY FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL RISKS FINANCIAL VIABILITY FIXED COSTS FIXED INVESTMENT FUEL FUELS GENERATION CAPACITY GLOBAL KNOWLEDGE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS HOT WATER HOUSEHOLDS IMAGES INFORMATION ASYMMETRY INFRASTRUCTURE OPERATION INNOVATION INSTALLATION INSTALLMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTION INVESTMENT CLIMATE INVESTMENT REQUIREMENTS INVESTMENT RISK INVESTMENT RISKS KEROSENE KILOWATT HOUR LACK OF INFORMATION LENDING INSTRUMENT LOAN LOAN AGREEMENT MARKET DEVELOPMENT MARKET FAILURE MARKET FAILURES MATERIAL MATURITY NEGATIVE EXTERNALITY NETWORKS NEW MARKETS NEW TECHNOLOGY OPERATING COSTS PATENTS PEAK LOAD PERPETUITY PILOT PROJECT POINT OF SALE POSITIVE EXTERNALITIES POSITIVE EXTERNALITY POWER POWER CONSUMPTION POWER GENERATION POWER PRODUCERS PRICE UNCERTAINTY PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROCUREMENT PROCUREMENT PROCESSES PRODUCT SPECIFICATIONS PRODUCTION COSTS PROFITABILITY PROPERTY RIGHTS PUBLIC GOOD PUBLIC POLICY R&D RENEWABLE ENERGY RENEWABLE POWER RENEWABLE TECHNOLOGIES RESULT RESULTS RETURN RETURN ON INVESTMENT RETURNS RISK PREMIUM RURAL ELECTRIFICATION SELF-SUSTAINABILITY SERVICE PROVIDERS SHAREHOLDERS SMALL-SCALE ENTREPRENEUR SMALL-SCALE ENTREPRENEURS SOLAR ENERGY SOLAR HOME SYSTEMS SOLAR LANTERNS SUSTAINABLE ENERGY TARGETS TAX TAXONOMY TECHNICAL ASSISTANCE TECHNICAL SKILLS TECHNICAL SUPPORT TRADING TRANSACTION TRANSACTION COSTS TRANSMISSION USER USES UTILITIES VALUE CHAIN VALUE OF ENERGY VERIFICATION WEALTH WIND WIND POWER Vivid Economics Results-Based Financing in the Energy Sector : An Analytical Guide |
| relation |
Energy Sector Management assistance Program
(ESMAP);Technical report 004/13 |
| description |
Results based financing (RBF) approaches
are becoming an increasingly popular way to support
development objectives and wider public policy goals. The
fundamental idea of RBF approaches is that payments that
would otherwise be made automatically are made contingent on
delivery of (a) pre agreed result, with achievement of the
result being subject to independent verification. RBF
approaches have been pioneered in the health sector but
there has been increasing interest in whether and how they
could be used within the energy sector, and especially on
how they may promote private sector investment in low carbon
energy sector opportunities (ESMAP 2012). The work has been
commissioned by the Energy Sector Management Assistance
Program (ESMAP), as part of a broader initiative looking at
the potential for greater use of results-based approaches
(RBAs) in the energy sector in developing countries This
report identifies the circumstances when Results Based
Financing (RBF) approaches might be an appropriate energy
sector intervention in developing countries, especially to
promote energy access and energy efficiency. It was
commissioned by the Energy Sector Management Assistance
Program (ESMAP) as part of a broader initiative looking at
the potential for greater use of results-based approaches in
the energy sector in developing countries. The fundamental
idea of RBF approaches is that payments that would otherwise
be made automatically are made contingent on delivery of a
pre agreed (set of) result(s), with achievement of the
result(s) being subject to independent verification. The
report is focused on individuals and organizations who are
considering whether an RBF approach would be a sensible way
to deliver some specific goods or services to help meet a
defined public policy goal. These individuals or
organizations might then go on to implement an RBF scheme in
the language of the report; they would be the RBF
scheme's focus on the energy sector in developing
countries principal. |
| format |
Publications & Research :: ESMAP Paper |
| author |
Vivid Economics |
| author_facet |
Vivid Economics |
| author_sort |
Vivid Economics |
| title |
Results-Based Financing in the Energy Sector : An Analytical Guide |
| title_short |
Results-Based Financing in the Energy Sector : An Analytical Guide |
| title_full |
Results-Based Financing in the Energy Sector : An Analytical Guide |
| title_fullStr |
Results-Based Financing in the Energy Sector : An Analytical Guide |
| title_full_unstemmed |
Results-Based Financing in the Energy Sector : An Analytical Guide |
| title_sort |
results-based financing in the energy sector : an analytical guide |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/01/17647719/results-based-financing-energy-sector-analytical-guide http://hdl.handle.net/10986/17481 |
| _version_ |
1764437054850072576 |
| spelling |
okr-10986-174812021-04-23T14:03:37Z Results-Based Financing in the Energy Sector : An Analytical Guide Vivid Economics ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO ELECTRICITY ACCESS TO FINANCE ADMINISTRATIVE COSTS ADVISORY SERVICES AMOUNT OF RISK APPROACH AUCTION AUCTIONS AVAILABILITY BALANCE BALANCE SHEET BANKS BATTERIES BIOGAS BIOMASS BOILERS BUSINESS CYCLE BUSINESS MODEL BUSINESS MODELS BUYERS CAPACITY BUILDING CAPITAL CONSTRAINTS CAPITAL COST CAPITAL COSTS CAPITAL INVESTMENT CAPITAL MARKETS CARBON DIOXIDE CARBON ENERGY CARBON MARKET CASH FLOWS CASH TRANSFERS CLEAN ENERGY COMPACT FLUORESCENT LIGHT BULBS CONSUMERS CONTINGENCY PLANNING CONVENTIONAL FINANCE COORDINATION FAILURES COPYRIGHT COST EFFECTIVENESS CREDIBILITY CREDIT LINE CREDIT MARKETS CURRENCY CUSTOMER BASE DECISION TREE DECLINE IN ENERGY CONSUMPTION DEMAND PEAKS DEVELOPING COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ASSISTANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DISTRIBUTION NETWORK ECONOMIC CHARACTERISTICS ECONOMIC CLIMATE ECONOMIC GROWTH ELECTRICITY GENERATION ELECTRICITY GENERATION TECHNOLOGIES ELIGIBILITY CRITERIA EMISSION EMPLOYEE ENERGY BILLS ENERGY EFFICIENCY ENERGY EFFICIENCY INVESTMENTS ENERGY GENERATION ENERGY PRODUCTS ENERGY SAVINGS ENERGY SOURCES ENERGY USE EXCLUSION FINANCIAL DIFFICULTY FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL RISKS FINANCIAL VIABILITY FIXED COSTS FIXED INVESTMENT FUEL FUELS GENERATION CAPACITY GLOBAL KNOWLEDGE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS HOT WATER HOUSEHOLDS IMAGES INFORMATION ASYMMETRY INFRASTRUCTURE OPERATION INNOVATION INSTALLATION INSTALLMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTION INVESTMENT CLIMATE INVESTMENT REQUIREMENTS INVESTMENT RISK INVESTMENT RISKS KEROSENE KILOWATT HOUR LACK OF INFORMATION LENDING INSTRUMENT LOAN LOAN AGREEMENT MARKET DEVELOPMENT MARKET FAILURE MARKET FAILURES MATERIAL MATURITY NEGATIVE EXTERNALITY NETWORKS NEW MARKETS NEW TECHNOLOGY OPERATING COSTS PATENTS PEAK LOAD PERPETUITY PILOT PROJECT POINT OF SALE POSITIVE EXTERNALITIES POSITIVE EXTERNALITY POWER POWER CONSUMPTION POWER GENERATION POWER PRODUCERS PRICE UNCERTAINTY PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROCUREMENT PROCUREMENT PROCESSES PRODUCT SPECIFICATIONS PRODUCTION COSTS PROFITABILITY PROPERTY RIGHTS PUBLIC GOOD PUBLIC POLICY R&D RENEWABLE ENERGY RENEWABLE POWER RENEWABLE TECHNOLOGIES RESULT RESULTS RETURN RETURN ON INVESTMENT RETURNS RISK PREMIUM RURAL ELECTRIFICATION SELF-SUSTAINABILITY SERVICE PROVIDERS SHAREHOLDERS SMALL-SCALE ENTREPRENEUR SMALL-SCALE ENTREPRENEURS SOLAR ENERGY SOLAR HOME SYSTEMS SOLAR LANTERNS SUSTAINABLE ENERGY TARGETS TAX TAXONOMY TECHNICAL ASSISTANCE TECHNICAL SKILLS TECHNICAL SUPPORT TRADING TRANSACTION TRANSACTION COSTS TRANSMISSION USER USES UTILITIES VALUE CHAIN VALUE OF ENERGY VERIFICATION WEALTH WIND WIND POWER Results based financing (RBF) approaches are becoming an increasingly popular way to support development objectives and wider public policy goals. The fundamental idea of RBF approaches is that payments that would otherwise be made automatically are made contingent on delivery of (a) pre agreed result, with achievement of the result being subject to independent verification. RBF approaches have been pioneered in the health sector but there has been increasing interest in whether and how they could be used within the energy sector, and especially on how they may promote private sector investment in low carbon energy sector opportunities (ESMAP 2012). The work has been commissioned by the Energy Sector Management Assistance Program (ESMAP), as part of a broader initiative looking at the potential for greater use of results-based approaches (RBAs) in the energy sector in developing countries This report identifies the circumstances when Results Based Financing (RBF) approaches might be an appropriate energy sector intervention in developing countries, especially to promote energy access and energy efficiency. It was commissioned by the Energy Sector Management Assistance Program (ESMAP) as part of a broader initiative looking at the potential for greater use of results-based approaches in the energy sector in developing countries. The fundamental idea of RBF approaches is that payments that would otherwise be made automatically are made contingent on delivery of a pre agreed (set of) result(s), with achievement of the result(s) being subject to independent verification. The report is focused on individuals and organizations who are considering whether an RBF approach would be a sensible way to deliver some specific goods or services to help meet a defined public policy goal. These individuals or organizations might then go on to implement an RBF scheme in the language of the report; they would be the RBF scheme's focus on the energy sector in developing countries principal. 2014-03-28T18:15:04Z 2014-03-28T18:15:04Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17647719/results-based-financing-energy-sector-analytical-guide http://hdl.handle.net/10986/17481 English en_US Energy Sector Management assistance Program (ESMAP);Technical report 004/13 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: ESMAP Paper Publications & Research |