Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges

Although energy efficiency implementation is increasingly being recognized by policymakers worldwide as one of the most effective means to mitigating rising energy prices, tackling potential environmental risks, and enhancing energy security, mainstreaming its financing in developing country markets...

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Main Authors:	Sarkar, Ashok, Singh, Jas
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Government Policy Q480
Online Access:	http://hdl.handle.net/10986/4913

id	okr-10986-4913
recordtype	oai_dc
spelling	okr-10986-49132021-04-23T14:02:20Z Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges Sarkar, Ashok Singh, Jas Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Government Policy Q480 Although energy efficiency implementation is increasingly being recognized by policymakers worldwide as one of the most effective means to mitigating rising energy prices, tackling potential environmental risks, and enhancing energy security, mainstreaming its financing in developing country markets continues to be a challenge. Experience shows that converting cost-effective energy savings potential, particularly the demand-side improvement opportunities across sectors, into investments face many barriers and unforeseen transaction costs. This paper draws upon selected experiences with financing energy efficiency in developing countries to explore the key factors of various programmatic approaches and financing instruments that have been applied successfully for delivering energy efficiency solutions. Through case studies, a diverse range of institutional issues are examined related to the identification, packaging, designing, and monitoring approaches that have been used to catalyze traditional and innovative financing of energy efficiency projects. With adequate liquidity in major developing country markets and availability of modern energy savings technologies, it is often the institutional issues that become a key challenge to address in order to finance and implement robust programs. As further operational experience is gained, increased knowledge sharing can lead to scaling-up of such energy efficiency investments. The paper concludes with some ideas for accelerating implementation. 2012-03-30T07:30:21Z 2012-03-30T07:30:21Z 2010 Journal Article Energy Policy 03014215 http://hdl.handle.net/10986/4913 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Government Policy Q480
spellingShingle	Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Energy: Government Policy Q480 Sarkar, Ashok Singh, Jas Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Although energy efficiency implementation is increasingly being recognized by policymakers worldwide as one of the most effective means to mitigating rising energy prices, tackling potential environmental risks, and enhancing energy security, mainstreaming its financing in developing country markets continues to be a challenge. Experience shows that converting cost-effective energy savings potential, particularly the demand-side improvement opportunities across sectors, into investments face many barriers and unforeseen transaction costs. This paper draws upon selected experiences with financing energy efficiency in developing countries to explore the key factors of various programmatic approaches and financing instruments that have been applied successfully for delivering energy efficiency solutions. Through case studies, a diverse range of institutional issues are examined related to the identification, packaging, designing, and monitoring approaches that have been used to catalyze traditional and innovative financing of energy efficiency projects. With adequate liquidity in major developing country markets and availability of modern energy savings technologies, it is often the institutional issues that become a key challenge to address in order to finance and implement robust programs. As further operational experience is gained, increased knowledge sharing can lead to scaling-up of such energy efficiency investments. The paper concludes with some ideas for accelerating implementation.
format	Journal Article
author	Sarkar, Ashok Singh, Jas
author_facet	Sarkar, Ashok Singh, Jas
author_sort	Sarkar, Ashok
title	Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
title_short	Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
title_full	Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
title_fullStr	Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
title_full_unstemmed	Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges
title_sort	financing energy efficiency in developing countries--lessons learned and remaining challenges
publishDate	2012
url	http://hdl.handle.net/10986/4913
_version_	1764393221272633344

Financing Energy Efficiency in Developing Countries--Lessons Learned and Remaining Challenges

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