This programme - implemented by the Energising Development (EnDev) partnership, managed by GIZ and RVO – employs a Results Based Financing (RBF) approach to overcome identified market failures that are constraining private sector investment in low carbon energy access (electricity and cooking) in developing countries. This programme targets a range of benefits, including economic growth (through the creation of enterprises and jobs for men and women), reduction of greenhouse gas emissions, and improvements in health as a result of clean cooking methods (particularly for women and young children). The programme has expanded considerably in scope since its initial design, and now implements 17 projects as opposed to the 10 originally planned. This means that the portfolio of RBF approaches has the potential to gather an even broader range of lessons than had first been anticipated. Already the approach taken in this programme is influencing the wider energy access community.

The program will catalyze a market-based approach for private sector delivery of solar home system (SHS) products and services, leading to improved energy access for people in sub-Saharan Africa. The program will work in 14 priority countries: Mozambique, Malawi, Zambia, Zimbabwe, Tanzania, Rwanda, Uganda, Kenya, Ethiopia, Somalia, Nigeria, Ghana, Sierra Leonne and Senegal. The program will support technical assistance to improve the enabling environment, and finance for businesses seeking to enter new and emerging SHS markets in sub-Saharan Africa for their start up and early commercialization of ideas.

The African Renewable Energy Fund (AREF) targets investments in small to medium size energy generation projects that generate energy from the following renewable and clean energy sources: hydro, wind, solar, and biomass projects, certain geothermal projects and certain stranded natural gas projects. In addition, the Fund focuses on building technical and financial capacity of the local developers it partners with to enable them to roll out additional power projects to meet the growing demand for energy resulting from increasing urbanization and economic growth.

R&D grants within academia and industry to train professional manpower and encourage advanced high-tech ventures in the energy industry

DevCo, managed by the World Bank Group’s IFC, provides critical financial support for structuring transactions to facilitate sustainable private sector participation in infrastructure in poorer developing countries. DevCo supports infrastructure transactions in the poorest countries by providing funding for expert consultants to prepare projects for private investment. DevCo funds, which are all supplied by PIDG donors, can also be used to support the marketing, planning and development of transactions as well as implementation support. DevCo can also provide partial underwriting of IFC risks associated with advisory mandates. Location: Sub Saharan Africa

Direct equity: DFC can provide direct equity into projects in the developing world which will have developmental impact or advance U.S. foreign policy. An equity investment can be particularly important when operating in credit constrained environments or early stage companies. DFC's ability to make equity investments will allow to play a catalytic role in mobilizing private sector capital on behalf of U.S. interests abroad.

Investment Funds: DFC-supported funds help address the shortfall of private equity capital in developing countries and help these economies access long-term growth capital, management skills, and financial expertise, all of which are key factors in expanding economic development and creating new opportunities for people in low-income and developing nations.

Sustainable access to modern energy services that meet the needs of the poor. EnDev includes a Results-Based Financing mechanism providing incentive-based payments to stimulate off-grid energy access markets. This can include household solar. EnDev promotes sustainable access to modern energy services for households, social institutions and small to medium-sized enterprises in developing countries in Africa, Asia and Latin America.