Lessons from Output-Based Aid for Leveraging Finance for Clean Energy [electronic resource] / Mustafa Zakir Hussain.
Material type: TextSeries: Other papers | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2012Subject(s): Access to Finance | Affordability | Aid Effectiveness | Alternative Energy | Capital Costs | Carbon Emissions | Carbon Finance | Clean Energy | Climate Change | Credibility | Debt | Developing Countries | Development Economics & Aid Effectiveness | Due Diligence | Economic Opportunities | Electricity | Emissions | Energy | Energy and Environment | Energy Efficiency | Energy Production and Transportation | Environment and Natural Resources Management | Expenditures | Finance and Financial Sector Development | Financial and Private Sector Development | Financial Institutions | Infrastructure Services For Private Sector Development | Interest Rates | International Finance | Kerosene | Macroeconomics and Economic Growth | Microcredit | Microfinance Institutions | Operating Costs | Power Generation | Private Investment | Public Policy | Renewable Energy | Rural Electrification | Savings | Solar Energy | Technical Assistance | Transaction Costs | Urban DevelopmentOnline resources: Click here to access online Abstract: This paper focused on the delivery mechanisms for bilateral, multi-lateral, host government subsidy, and consumer cross-subsidy funding to enhance private sector investment. However, the specific source of funds is not deemed to be especially relevant for the purposes of this working paper. Focus on some of the useful characteristics of Output-Based Aid (OBA) experience to date that may be relevant. Propose an option for how OBA experience could be used to deliver national and programmatic supports to projects in middle- and low-income countries in coordination with other multi-lateral development bank instruments such as concessional loans and credits. This working paper does not: specifically address strengths and weaknesses of the clean development mechanism and only briefly touches on issues with using carbon finance in the current market. Carry out an assessment of experience with feed-in tariffs or advanced market commitments, or indeed other results orientated schemes.This paper focused on the delivery mechanisms for bilateral, multi-lateral, host government subsidy, and consumer cross-subsidy funding to enhance private sector investment. However, the specific source of funds is not deemed to be especially relevant for the purposes of this working paper. Focus on some of the useful characteristics of Output-Based Aid (OBA) experience to date that may be relevant. Propose an option for how OBA experience could be used to deliver national and programmatic supports to projects in middle- and low-income countries in coordination with other multi-lateral development bank instruments such as concessional loans and credits. This working paper does not: specifically address strengths and weaknesses of the clean development mechanism and only briefly touches on issues with using carbon finance in the current market. Carry out an assessment of experience with feed-in tariffs or advanced market commitments, or indeed other results orientated schemes.
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