Result-Based Financing for low carbon energy access
Offers incentive payments, on the basis of results achieved, to businesses which deliver pre-specified outputs within the low-carbon off-grid energy sector.
The RBF payment is intended to partly cover the cost of market development. Businesses need to be capable of marketing the specific product/service, as payment is only made on the basis of independently verified sales achieved. No money is paid up front, although contracts are signed in advance. Participants must show that they will be able to be financially sustainable in the long run after the intervention and therefore the products/market must be commercially viable.
Full details available on the EnDev
DFID contact – Steven Hunt
EnDev contact – Marco Huels