Design of Risk Sharing Mechanism for the "Palawan New and Renewable Energy and Livelihood Support Project" - Philippines (2002 - 2005)

This project demonstrated the viability of direct sales for renewable energy and other appropriate delivery mechanisms that would enable low-income households in non-electrified communities to have access to renewable energy systems.

IIEC was tasked to: 1) Designed the risk-sharing finance mechanism for the direct sales of solar housing systems; 2) Provided financial advice during the pilot implementation of the designed risk-sharing mechanism for direct sales; 3) Designed the appropriate renewable energy delivery mechanism and corresponding risk-sharing finance mechanism; 4) Designed and recommended the implementation and management guidelines for an NRE Trust Fund; 5) Recommended the risk-sharing and support mechanisms for the NRE Trust Fund; and 6) Recommended the training needed by PGP and the institution that would manage the NRE Trust Fund.

Funding Agency/Client: United Nations Development Programme (UNDP) / Center for Renewable Resources and Energy Efficiency