1. Strictly Confidential © 2013 Innovation for Decarbonizing Development Neeraj Prasad Climate Change Partnerships and Knowledge – The World Bank Co-Chair LEDS GP LEDS GP Annual Event 2015 October 14 - 16, Punta Cana, Dominican Republic

2. Financing Instruments Financing innovation E3G R & D Demonstración Pre - commercialization Commercialization Diffusion Public Finance Private Finance Valley of Death Lines of Credit Guarantees Public Grants/ Seed Capital Venture Capital/ Angel Investors Public Sector Support & Equity Concessional loans/ mezzanine finance

3. Public sector led electricity supply - Utilities - Rural electrification - IPPs/SPPs - Mini grid options Building Blocks for Enabling Private sector Engagement PolicyFinanceSkillsMarket Intelligence Information/ Awareness - SME - Energy - Education - Financial - Climate Change - Others - Consumer - Business - Equipment - Business - Legal - Technical - SME -Where is the customer -What is the best option - Options for financing - Why customer should use RE technology Public sector programs for local economic development Focus: Private sector energy service provision Objectives: -Complement government-led efforts -Creation of new jobs, support small local businesses -Attract investment into decentralized RE technology Industries Local Business Community Services Households Income growth / diversification Local development & resilience Including production Hospitals Schools Public light Better Quality of life for the family Creating Local Development Opportunities & Benefits Reducing Poverty and Boosting Shared Prosperity