Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan

Decentralized solar home systems (SHS), coupled with asset finance, can provide affordable and reliable electricity to the off-grid population in Pakistan and can augment the energy supply where the grid is available but the electricity supply is l...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/099035001102212371/P16931302f0bb9084093da0f35e167ee29a
http://hdl.handle.net/10986/36836
id okr-10986-36836
recordtype oai_dc
spelling okr-10986-368362022-06-15T13:52:39Z Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan World Bank SOLAR ENERGY DIGITAL FINANCE SOLAR HOME SYSTEM MOBILE WALLET MOBILE BANKING SERVICES MOBILE BANKING REGULATION MICROFINANCE Decentralized solar home systems (SHS), coupled with asset finance, can provide affordable and reliable electricity to the off-grid population in Pakistan and can augment the energy supply where the grid is available but the electricity supply is limited. Pakistan ranks high on the metric of market readiness for SHS technology. In addition, the country has all the underlying system requirements to leverage mobile banking for growing the local SHS market. In 2020, there were 167.3 million cellular mobile subscribers providing mobile phone access to 95 percent of the country’s households. The GSM Association (GSMA) estimates that close to 30 million people, or 14 percent of the total population in Pakistan, is covered by a mobile network before having access to the grid. This brief analysis was compiled by the World Bank to assess the potential for using mobile banking to scale the SHS market in Pakistan. The report explores the synergy between mobile banking services and SHS businesses, and develops a use case for mobile wallets in SHS business models through a case study of the SHS market in Sindh, Pakistan. 2022-01-18T20:33:56Z 2022-01-18T20:33:56Z 2022-05 Report http://documents.worldbank.org/curated/undefined/099035001102212371/P16931302f0bb9084093da0f35e167ee29a http://hdl.handle.net/10986/36836 English Pakistan Sustainable Energy Series; 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 :: Other Financial Sector Study South Asia Pakistan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SOLAR ENERGY
DIGITAL FINANCE
SOLAR HOME SYSTEM
MOBILE WALLET
MOBILE BANKING SERVICES
MOBILE BANKING REGULATION
MICROFINANCE
spellingShingle SOLAR ENERGY
DIGITAL FINANCE
SOLAR HOME SYSTEM
MOBILE WALLET
MOBILE BANKING SERVICES
MOBILE BANKING REGULATION
MICROFINANCE
World Bank
Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
geographic_facet South Asia
Pakistan
relation Pakistan Sustainable Energy Series;
description Decentralized solar home systems (SHS), coupled with asset finance, can provide affordable and reliable electricity to the off-grid population in Pakistan and can augment the energy supply where the grid is available but the electricity supply is limited. Pakistan ranks high on the metric of market readiness for SHS technology. In addition, the country has all the underlying system requirements to leverage mobile banking for growing the local SHS market. In 2020, there were 167.3 million cellular mobile subscribers providing mobile phone access to 95 percent of the country’s households. The GSM Association (GSMA) estimates that close to 30 million people, or 14 percent of the total population in Pakistan, is covered by a mobile network before having access to the grid. This brief analysis was compiled by the World Bank to assess the potential for using mobile banking to scale the SHS market in Pakistan. The report explores the synergy between mobile banking services and SHS businesses, and develops a use case for mobile wallets in SHS business models through a case study of the SHS market in Sindh, Pakistan.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
title_short Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
title_full Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
title_fullStr Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
title_full_unstemmed Leveraging Digital Finance to Scale the Solar Home Systems Market in Pakistan
title_sort leveraging digital finance to scale the solar home systems market in pakistan
publisher World Bank, Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/undefined/099035001102212371/P16931302f0bb9084093da0f35e167ee29a
http://hdl.handle.net/10986/36836
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