WEnergy welcomes ADB-DutchCham members to come over on October 30th for a ‘wine & cheese’ gathering
Climate Investments and Financing
ASEAN countries have over 100 million people without access to electricity, of which most of them in Indonesia, Myanmar and Philippines. Decentralised and climate friendly electrification, backed up by smart financing, is the way to accelerate access to power. As communities get access to energy, the local economy will demand clean technologies (e.g. eBoats, eMotors for production, eVehicles, LEDs for lighting, Cold Storage) and appropriate financing to boost green development. While technology and equity capital are not the obstacles, debt financing or the deployment of ‘blended capital’ is still a challenge as many financing institutions are not yet able to define this growing market as an opportunity for lending operations. WEnergy Global and CleanGrid Partners are promoting decentralised power systems by engineering, financing, owning and operating such infrastructure. During the gathering we will share with participants what we do and how we deal with risks.
We would like to have the conversations around a few key questions (but not limited to), such as: what needs to happen to convince these financing institutions to step in and accelerate the process in a coalition for decentralised and clean electrification in order to contribute to the Sustainable Development Goals, in particular SDG#7 (Rural Electrification) and SDG#13 (Climate change)? What are the risks to be mitigated and how to do that?
There are only 5 spots available. Please register before the 27th of October.