Asia NDC finance Community of Practice
Following the launch of the communities of practice on grid-integrated renewable energy and clean mobility, the Asia LEDS Partnership (ALP) have launched a new Nationally Determined Contribution (NDC) finance Community of Practice on accelerating investment into clean energy in Asia. We invite expressions of interest from ALP members to participate in the community of practice.
The NDC Finance Community of Practice will initially cover learning and technical collaboration for the following topics:
- Lowering the cost and risk of capital: identify strategies and interventions to lower the cost and risk of capital for renewable energy finance. Tentative topics planned include blended capital, green banks, green bonds, low carbon project preparation and financing strategies.
- Attracting private finance through smart policy and enabling environments through regulations, permitting, pricing and other financial incentives.
In 2018, the activities of the NDC Finance Community of Practice will focus on peer learning, expert assistance and knowledge exchange through discussions, country visits, workshops, seminars, and case studies. Please read the concept note for additional information.
We invite you to nominate suitable persons from national (e.g. Ministries of finance, energy, environment, national energy commissions) and subnational governments, the private sector, utilities, academia, and international organizations that design, finance and implement renewable energy programs.
Participating countries: Bangladesh, Indonesia, Philippines, Vietnam, others TBD
Session 1: Introduction to blended capital and Green bonds (August 2018)
This first interactive online session introduced participants to the NDC Finance Community of Practice and its primary areas of focus. The session also provided framing information on the two priority financial topics identified in collaboration with members, blended capital and green bonds.
- Webinar recording: Session 1 – Introduction to blended capital and Green bonds
- Summary report
Session 2: Rise of Green Banks: Examples from South Africa and Australia Demonstrate the Role Green Banks Play in Catalyzing Private Sector Investment (November 2018)
This webinar will feature the Clean Energy Finance Corporation (CEFC) – Australia’s green Bank – which has over 5 years of operating experience and has mobilized over $A 16 billion in clean energy projects. The webinar will also feature the brand new green bank program from Development Bank of Southern Africa: the Climate Finance Facility (CFF) to talk about their process for launching the CFF, and plans to use their blended fund to animate private investment in low carbon and climate resilient projects. For more information and to register, click here.
Session 3: Mid December (tentative) – topic will be selected based on priorities that arise from Community of Practice participants
In-person workshop: 2 day-workshop focused on sovereign green bonds and also covering blended capital – Mid October (tentative)
Deep dive support: Country specific deep-dive technical assistance to two selected Asian countries until December 2018
Should you have any questions, please feel free to write to: email@example.com
Photo: Asian Development Bank/Flickr