United Nations Environment Programme Division of Technology, Industry & Economics (DTIE) Eric Usher Head, Renewable Energy and Finance Unit [email protected]Is early stage seed capital the solution to accelerating project pipeline development in the clean energy sector ? TBLI Asia May 25th, 2006, Bangkok
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Is early stage seed capital the solution to accelerating project pipeline development in the clean energy sector?
Eric Usher, Head, Renewable Energy and Finance Unit, Energy Branch - UNEP - France
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United Nations Environment Programme Division of Technology, Industry & Economics (DTIE)
Is early stage seed capital the solution to accelerating project pipeline development in
the clean energy sector ?
TBLI AsiaMay 25th, 2006, Bangkok
Example Enterprises
BETL, Tanzania• Business: Logistics company coordinating ag. wastes for fuel
substitution• Stage of Sector Development: Early Commercialization phase • AREED Support: $50,000 3-yr loan and Enterprise Dev.
Support from Tatedo, E+Co• Status: Increased sales from 500 Mt to 1200 Mt per month
Repayments current.
KPBS, Zambia• Business: Charcoal production from sawmill waste• Stage of Sector Dev.: Proof of concept phase • AREED Support: $73,000, 4 yr loan and enterprise
development support from CEEEZ, E+Co• Status: Construction of 15 kilns completed. Production,
distribution and sales of charcoal started Feb 2003. Enterprise folded in 2004
The challenge of supplying small scale energy services• is NOT a lack of technology, business models, capital or the ability to pay; • it is the MISMATCH between the needs of the enterprise and the types of financing currently available.