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Energy Efficiency Finance Program

Best Practices to Leverage Private Green Finance

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Handbook of Green Finance

Part of the book series: Sustainable Development ((SD))

Abstract

A common struggle across energy efficiency programs is the creation of sustainable private sector markets that reduce demand. The purpose of this study is to outline best practices for smart public programs that overcome the main energy efficiency challenges and leverage the private finance needed for deployment at scale. Our concluded program is based on an assessment of 10 case studies, interviews, and evaluations of past programs. The results revealed that policy frameworks should strengthen investment business cases with the right economic and regulatory drivers. Furthermore, more resources should support technical assistance. Activities such as awareness raising, pipeline generation, and de-risking are essential to create sufficient demand and commitment. In addition, upskilling, equipping, and accrediting suppliers and technical advisors is critical to create a sustainable, scalable, and bankable pipeline.

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Author information

Authors and Affiliations

  1. Carbon Trust, London, UK

    Simon Retallack, Andrew Johnson & Joshua Brunert

  2. Faculty of World Studies, University of Tehran, Tehran, Iran

    Ehsan Rasoulinezhad

  3. Faculty of Political Science and Economics, Waseda University, Tokyo, Japan

    Farhad Taghizadeh-Hesary

Authors
  1. Simon Retallack
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  2. Andrew Johnson
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  3. Joshua Brunert
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  4. Ehsan Rasoulinezhad
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  5. Farhad Taghizadeh-Hesary
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Corresponding author

Correspondence to Ehsan Rasoulinezhad .

Editor information

Editors and Affiliations

  1. Columbia University, New York, NY, USA

    Jeffrey D. Sachs

  2. Department of Economics, University of California at Davis, Davis, CA, USA

    Wing Thye Woo

  3. Asian Development Bank Institute (ADBI), Keio University, Tokyo, Japan

    Naoyuki Yoshino

  4. Faculty of Political Science and Economics, Waseda University, Tokyo, Japan

    Farhad Taghizadeh-Hesary

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© 2019 Asian Development Bank Institute

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Retallack, S., Johnson, A., Brunert, J., Rasoulinezhad, E., Taghizadeh-Hesary, F. (2019). Energy Efficiency Finance Program. In: Sachs, J., Woo, W., Yoshino, N., Taghizadeh-Hesary, F. (eds) Handbook of Green Finance. Sustainable Development . Springer, Singapore. https://doi.org/10.1007/978-981-13-0227-5_26

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