.

PROSOL: Financing Solar Water Heating in Tunisia

The PROSOL programme stimulated the market for solar thermal heaters in Tunisia, where 270,000 new systems were installed between 2005 and 2015. The programme enabled consumers to purchase solar water heaters with minimal upfront costs by providing investment subsidies on a loan with a duration of 5 years. The programme worked with banks to reduce their risk by having the electricity utility acting as a debt collector, helping to increase the supply of finance available for the systems.

National Biogas Programme of Ethiopia

In order to provide a cleaner and safer source of energy for rural communities, a national programme was initiated to develop a domestic biogas sector in Ethiopia. By supporting private demand and human resources capacity building, the programme helped stimulate a market whereby end-users were supported to buy biogas plants from private suppliers. Over 13,000 smallholder farming families took the opportunity to install biogas digester plants.

Tax breaks for green investments in Cambodia

To incentivise private investment in sustainable projects, the Royal Government of Cambodia introduced a tax holiday on green investments. Projects that can prove to have zero negative environmental and social impacts are labelled ‘Qualified Investment Projects’ and are investors are exempted from all tax on profit.

Microfinance for Solar Home Systems

The Bangladesh Solar Homes Programme aimed to expand energy access in the country, in line with the UN’s Millennium Development Goals. The country has a great number of homes which are not connected to the grid, and decentralised energy solutions were seen as a good way to electrify rural areas. The programme was providing demand subsidies and concessional microloans, making solar energy installations affordable for households. As a result of the programme, Bangladesh has the fastest growing off-grid solar PV home system program in the world.

Live Green Toronto

The Live Green Toronto initiative helps neighbourhoods and citizens reduce their climate change impacts at the local level by promoting sustainable practices. As well as providing support (advise/consultancy) and informing about available grants, it organises engagement events aimed at raising consumer awareness. Citizens can also benefit from a scheme offering discounts on green products and services in the city, promoting sustainable consumption.

Massachusetts Green Bond

The Green Bond of Massachusetts, USA, sought to support clean and drinking water projects, energy efficiency in state buildings and open space and land remediation. Green Bonds are fixed-income securities, designed to raise capital for sustainability projects. They build upon the well-developed Municipal Bonds in the US, which are issued by states, cities and counties to fund investments in public infrastructure and capital intensive projects. In the case of Green Bonds, the proceeds are diverted towards green investments.

Water Efficiency Labelling and Standards (WELS) Scheme

Australia has introduced a water efficiency labelling scheme (WELS), in order to promote a sustainable water cycle. Much of Australia faces regular drought conditions, requiring a strategy for saving water. The national scheme introduces a performance standard requiring certain products to be registered and labelled with a water efficiency label, to inform consumers about more water (and cost) efficient products.

Uruguay Wind Energy Programme (UWEP)

Between 2007 and 2014, Uruguay went from having virtual no installed wind generation capacity, to having 500MW, accounting for 10% of electricity generation. This was made possible by the Uruguay Wind Energy Programme, which created an enabling environment for renewable energy development. Initial public investment was able to trigger private sector investment, causing substantial growth in the sector. Mandating was used to require the state utility company to buy all energy generated by wind. As a result, wind power is now cost competitive with fossil-fuel generation.

Training farmers to use Solar-Powered Irrigation Systems

In Pakistan, solar powered irrigation represents a clean and affordable water conservation solution for the agricultural sector. In order to promote the uptake of these systems a series of training programmes have been organised with farmers to familiarise them with solar powered pumping issues. By betterinforming and supporting technology adopters, the scheme hopes to accelerate the nationwide uptake of solar powered irrigation. 

Rural Energy Development Programme

The Rural Energy Development Programme of Nepal has introduced renewable energy services to isolated, rural communities in some of the most remote parts of the country. The Programme has been providing demand subsidies for the building of micro-hydropower installations, as well as installation of modern cooking stoves, in order to improve economic performance, health and quality of life. The initiative, driven by the central government, has been providing incentives for hydropower with budget subsidies, tax exemptions, and other financial instruments for supporting private demand, encouraging co-financing from donors, local governments, and communities.

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