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Financing Options for Bioenergy Projects and Programmes

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Financing Options for Bioenergy Projects and Programmes FINANCING OPTIONS FOR BIOENERGY PROJECTS AND PROGRAMMES 23 April 2010 Financing Options Scope: Global Multilateral funds / Partnerships EUEI -Intelligent Energy COOPENER ......................................................................................2 EUEI - Partnership Dialogue Facility (PDF) ..............................................................................4 European Investment Bank (EIB) ..........................................................................................6 European Programme: Thematic programme for Environment and Sustainable Management of Natural Resources Including Energy – ENRTP..........................................................................9 GEF Trust Fund - Climate Change focal area .........................................................................11 GEF Least Developed Countries Fund ...................................................................................15 GEF Special Climate Change Fund .......................................................................................18 Global Village Energy Partnership (GVEP) .............................................................................21 IFAD - ICRISAT Biopower strategy.......................................................................................23 Kyoto Protocol Adaptation Fund ..........................................................................................25 REEEP Programme Call ......................................................................................................27 UNDP MDG Achievement Fund - Environment and Climate Change thematic window..................29 UNFCCC - Programmatic Clean Development Mechanism (CDM)..............................................32 UNFCCC - Clean Development Mechanism (CDM) Project Activities 34 USAID-CTI Private Financing Advisory Network (PFAN) ..........................................................37 World Bank - CFU - The Carbon Partnership Facility (CPF) ......................................................39 World Bank - CFU - The Umbrella Carbon Facility (UCF) .........................................................42 World Bank - Clean Technology Fund (CTF) ..........................................................................45 World Bank – Community Development Carbon Fund (CDCF) .................................................48 World Bank – Community Development Carbon Fund plus (CDCF plus ) .....................................51 World Bank - Forest Investment Program (FIP) .....................................................................53 World Bank - Prototype Carbon Fund (PCF) ..........................................................................55 World Bank - Scaling Up Renewable Energy in Low Income Countries Program (SREP)...............58 World Bank - The Danish Carbon Fund (DCF)........................................................................61 World Bank – The Italian Carbon Fund (ICF) .........................................................................63 World Bank - The Netherlands CDM Facility (NCDMF).............................................................65 World Bank - The Spanish Carbon Fund (SCF).......................................................................67 National initiatives AEF: Access to Energy Fund – Energy for growth...................................................................70 Carboncredits.nl................................................................................................................72 Development Finance Facility (FMO) ....................................................................................74 develoPPP.de ....................................................................................................................77 DOF: Daey Ouwens Fund ...................................................................................................80 Environmental Transformation Fund – International Window (ETF-IW) .....................................82 Global Sustainable Biomass Fund ........................................................................................84 International Climate Initiative (ICI) ....................................................................................87 KfW Bankengruppe - Carbon Fund.......................................................................................89 KfW Bankengruppe - DEG Invest.........................................................................................92 KfW Bankengruppe - Initiative for Climate and Environmental Protection (IKLU) .......................94 Subsidy Regulation for Sustainable Biomass Import...............................................................97 Foundations FACT Foundation – Program for Innovations in Biofuels for local development......................... 100 Bill and Melinda Gates Foundation ..................................................................................... 102 The David and Lucile Packard Foundation ........................................................................... 104 Shell Foundation – Climate change programme................................................................... 106 Scope: Regional Africa AfDB Agency Lines of Credit (I-ALC) .................................................................................. 108 AfDB Clean Energy Access and Climate Adaptation Facility for Africa (CECAFA) ....................... 110 AfDB Clean Energy Investment Framework (CEIF)............................................................... 112 AfDB Infrastructure Lines of Credit (I-LOC)......................................................................... 114 ECOWAS - EBID (Ecowas Bank for Investment and Development) ......................................... 115 ECOWAS Bank for Investment and Development (EBID): African Bio-Fuels and Renewable Energy Fund.............................................................................................................................. 117 West African Development Bank........................................................................................ 119 America IDB Infrastructure Fund (InfraFund) .................................................................................. 121 IDB Sustainable Energy and Climate Change Initiative (SECCI) Funds.................................... 123 Asia ADB Asian Development Fund ........................................................................................... 126 ADB Carbon Market Initiative (CMI) ................................................................................... 128 ADB Energy Efficiency Initiative (EEI) - Clean Energy Financing Partnership Facility (CEFPF)..... 131 ADB Renewable Energy, Energy Efficiency, and Climate Change (REACH)............................... 134 ADB Sustainable Transport Initiative (STI) ......................................................................... 137 East Europe The Netherlands G2G programme ..................................................................................... 139 Introduction Modern bioenergy has been developing rapidly in the last several years and presents great opportunities for sustainable development and climate change mitigation. However, developing countries encounter difficulties in financing their bioenergy projects and programmes. This report “Financing options for bioenergy projects and programmes” was developed by the Secretariat of the Global Bioenergy Partnership (GBEP) and is the result of an extensive information-gathering process. Key information included in this document was kindly provided by GBEP Partners and Observers. The main objective of this report is to facilitate access to financing for bioenergy for sustainable development at the project, programme and sectoral level in developing countries. The report intends to provide a comprehensive tool for use by national governments and project developers when assessing different financing opportunities for bioenergy projects and programmes, giving a clear picture of selection criteria and bioenergy project characteristics that should be fulfilled to receive these financing. Overview and User Guide The purpose of this report is threefold: • to provide governments and project developers in developing countries with a useful list of available financing options and opportunities worldwide for bioenergy projects and programmes; • to provide users with clear information regarding funds and financing opportunities divided by target regions and country selection criteria; • to offer policy-makers and project developers in developing countries guidance for accessing and requesting international financing for bioenergy projects and programmes. The document is divided into two main sections. The first section outlines funds that are global in scope. Developing countries worldwide can access and apply for these financial resources after fulfilling detailed project criteria. This section is sub-divided according to donor category: multilateral funds and partnerships, national initiatives, and foundations. In the second section types of financing are described according to their regional scope and organized into three sub-sections: Africa, the Americas and Asia. Policy-makers and project developers will find potential sources of financing by checking their country and project characteristics against the country and project criteria detailed in the template presented for each financing option. The How and when to apply part of each template will guide
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