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Local and Innovative Financing
for Renewable Energy in the Philippines

The project targeted the ambitious renewable energy (RE) programme of the Philippines. The country benefited from exchanging experiences within the ASEAN region, especially with Thailand, and with the European Union.

The project designed innovative financing instruments and a strategy integrating RE lending in the policies of local private and government banks. A distinction was made between on-grid and off-grid RE because of their diverse financing requirements and business models.

The project was co-financed by the EC-ASEAN Energy Facility, and implemented by International Resources Group Philippines, Risoe National Laboratory (Denmark), Energy Economy Environment Consultants Co. Ltd (Thailand), and IT Power (UK).

Reference sheet (Intranet)

For further information contact:    Jyoti Painuly, j.p.painuly@risoe.dk

 

UNEP Risoe Centre • Risoe DTU, Bldg. 142 • Frederiksborgvej 399 • P.O. Box 49 • DK 4000 Roskilde • Denmark

 

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April 28, 2006