Finance Working Group
A LEDS GP Working Group
The LEDS GP Finance Working Group provides financing technical assistance and matchmaking, training on financing strategies, and case studies of financing approaches. Finance Working group activities are led by Ministry of Planning and Investment of Vietnam, and the Energy research Centre of the Netherlands (ECN). Other tasks under this working group include:
2015 Working Group Activities
Inventory of Existing Finance Resources and Assistance Mechanisms
The working group will compile an inventory of information on currently available climate funding, financing, and related technical assistance programs, and key organizations and initiatives.
Capacity Building for Climate Financing Readiness
Under this activity, participating organizations will partner with existing capacity building programs to enhance delivery of training and peer learning on finance readiness based on priorities defined by the LEDS GP regional platforms. This work builds on an existing United Nations Development Programme (UNDP) project and will use existing UNDP technical resources - and resources from others - to build the capacity of LEDS country teams to access climate finance.
Virtual Web Trainings
A team from NREL and the Joint Institute for Strategic Energy Analysis and other working group partners will conduct a series of Web-based training and peer-learning forums on public and private financing and investment mechanisms and their nexus with government policies on priority topics defined in consultation with countries and the regional platforms. Web trainings will leverage in-country trainings and consultations, such as those underway with Mexico and Indonesia. The trainings will be recorded and hosted on OpenEI, an online knowledge sharing community, and will be open to participants from around the world.
National Financing Strategies and Platforms
In partnership with the regional platforms, the working group is exploring opportunities to develop case studies to advance the design and implementation of national financing strategies with one or two governments. Such case studies could be structured to provide a best practice approach for analyzing and selecting policies and various financing alternatives in LEDS GP member countries. Results of the case studies would provide valuable lessons for engaging various public and private institutions in designing effective financing support policies and instruments that reduce costs, minimize risks, and improve results.
News and Events
Asia Clean Energy Forum 16 June 2015, Manila
The United States Agency for International Development (USAID), GIZ, National Renewable Energy Laboratory (NREL), U.S. Energy Association (USEA), Clean Energy Solutions Center, and Asia LEDS Partnership (ALP) are collaborating to offer a one-day training session for Government energy officials, regulators, project developers, financers, and development organizations to build an awareness of best practices for enabling renewable energy grid integration and evaluate options to implement changes, including investment mobilization measures.
Africa Carbon Forum 13-14 April 2015, Morocco
The LEDS GP Finance Working Group will be holding lunch meetings with LEDS government officials and representatives from banks and the private sector. These meetings are designed to define ongoing regional investment activities (training, networks, match-making, good practice sharing) along with support that could be provided to a couple countries in Africa for work on specific investment instruments in partnership with others.
Resources and Tools