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BBOXX to provide Togo with 300,000 solar home solutions
As part of its Vision 2030 plan, Togo drew up a gameplan focused on providing its population with access to electricity through a renewable-energy mix.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Social Impact Incentives: A New Solution for Blended Finance
In just six years, social enterprise Clínicas del Azúcar has grown into the largest private provider of specialized diabetes care in Mexico, but faces an almost constant challenge to balance its financial and social performance. That's where social impact incentives (SIINC) come into play. A new solution for blended finance, SIINCs align profitability with social impact by paying social enterprises directly for proven social outcomes.
- Categories
- Energy, Health Care, Investing, Social Enterprise, Technology
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IFC to invest $5-6 b in Indian sustainability projects
International Finance Corporation (IFC), the private-sector lending and investment arm of World Bank, is considering investing $5-6 billion towards sustainability projects in India.
- Categories
- Energy
- Region
- South Asia
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Report: The Fight for Light: Improving Energy Access through Digital Payments
Digital payments are at the core of the most successful new models for reaching last-mile customers, enabling businesses and governments to link under-served households with essential services.
- Categories
- Energy
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The Rise of a New Asset Class: Can ‘PAYGo Finance’ Connect Investors to Low-Income Customers?
Lendable has pioneered a marketplace lending platform that connects alternative lenders in East Africa with impact and institutional debt investors, to provide financing for leased assets like solar panels and motorcycles. According to BFA, providing these alternative lenders with structured debt financing could potentially give rise to a new asset class: PAYGo finance. If successful in raising funds from investors at scale, the Lendable approach could bring financing for low-income individuals full circle.
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Village women transform into clean energy entrepreneurs in Nepal initiative
Since it began operations in 2012, Empower Generation has created over 20 women-led businesses, employing 300 female distribution agents who go from village-to-village, selling, maintaining and collecting repayments for products.
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- renewable energy
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How Flexible Financing, Solar Panels and Data Could Be Key to Financial Inclusion
With over 1 million units installed in the past four years, the PAYGo financing model is already unlocking significant growth for the off-grid solar industry. But the sector also faces formidable challenges. FIBR, a project by BFA in partnership with Mastercard Foundation, is exploring ways PAYGo solar can leverage data to make better point-of-sale decisions, customize product offerings, engage and retain agent networks, inform future follow-on products, and build linkages with other financial service providers.
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Japan vows to ramp up efforts to export renewable energy technology
Emphasizing that energy demand will only grow in China and Southeast Asia, Kishida noted in a message read to a symposium hosted by the ministry in Tokyo that "Japan's environmental technologies will greatly contribute to Asian nations' (transition)."
- Categories
- Energy, Environment, Technology
- Region
- Asia Pacific
- Tags
- renewable energy
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