el pnuma y la promoción de energías renovables
DESCRIPTION
Programa de las Naciones Unidas para el Medio Ambiente. Programme des Nations Unies pour l’Environnement United Nations Environment Programme Programa das Naçoes Unidas o Meio Ambiente. XXVI Reunión del COFER México DF 16 de Agosto de 2001. El PNUMA y la Promoción de Energías Renovables. - PowerPoint PPT PresentationTRANSCRIPT
El PNUMA y la El PNUMA y la Promoción de Energías Promoción de Energías RenovablesRenovables
Programme des Nations Unies pour l’EnvironnementUnited Nations Environment ProgrammePrograma das Naçoes Unidas o Meio Ambiente
Oficina Regional para América Latina y el CaribeOficina Regional para América Latina y el CaribeRegional Office for Latin America and the CaribbeanRegional Office for Latin America and the Caribbean
Programa de las Naciones Unidaspara el Medio Ambiente
XXVI Reunión del COFERMéxico DF 16 de Agosto de
2001Dr. Diego Masera Dr. Diego Masera Coordinador del Programa de Industria Coordinador del Programa de Industria para América Latina y el Caribepara América Latina y el Caribe
Estructura de la Presentación
1.1. UNEP’s ApproachUNEP’s Approach
2.2. Investment Advisory Facility (IAF)Investment Advisory Facility (IAF)
3.3. Brazil Rural Energy Enterprise Brazil Rural Energy Enterprise Development Initiative (BREED)Development Initiative (BREED)
4.4. Sustainable Energy Advisory Facility Sustainable Energy Advisory Facility (SEAF)(SEAF)
5.5. MéxicoMéxico
UNEP’s ApproachUNEP’s Approach
In the energy sectorIn the energy sector huge capital investments will be required in the huge capital investments will be required in the
coming decades to offer even modest modern coming decades to offer even modest modern energy services to the worlds’ poor.energy services to the worlds’ poor.
• UNEP’s energy sector response...UNEP’s energy sector response... places new emphasis on the finance sector, places new emphasis on the finance sector, helping it respond to opportunities for financing helping it respond to opportunities for financing
a cleaner energy future.a cleaner energy future.
UNEP Finance InitiativesUNEP Finance Initiatives
UNEP targets financial decision makers to help UNEP targets financial decision makers to help them become more aware of investment them become more aware of investment opportunities in the sustainable energy opportunities in the sustainable energy
sector.sector.
• Statement by Banks and Insurers on the Statement by Banks and Insurers on the Environment and Sustainable DevelopmentEnvironment and Sustainable Development
• ‘‘Code of conduct’ promoting the integration of Code of conduct’ promoting the integration of environmental considerations into all aspects of environmental considerations into all aspects of operations and services.operations and services.– UNEP Financial Institutions InitiativeUNEP Financial Institutions Initiative
• 170 banks170 banks– UNEP Insurance Industry InitiativeUNEP Insurance Industry Initiative
• 85 insurers85 insurers
Barriers to RE financeBarriers to RE finance
– higher real and/or perceived risk– absence of sound operational data– limited access to reliable technical
information– lack of in-house skills to
evaluate/negotiate projects– RE operating modalities may require
new financing norms– increased transaction costs with
initial investments
UNEP RET/EE Investment Advisory UNEP RET/EE Investment Advisory Facility (IAF)Facility (IAF)
provides support to financial institutions provides support to financial institutions evaluating investments in specific Renewable evaluating investments in specific Renewable
Energy Technology /Energy Efficiency projectsEnergy Technology /Energy Efficiency projects
A Global Environment Facility supported initiative
• independent valuations• environmental risk
analysis
• market sizing for a manufacturing operation
• legal reviews• financial risk analysis
Example Services Eligible for SupportExample Services Eligible for Support
Typical Loan Evaluation Typical Loan Evaluation ProcessProcess
Project Appraisal
Feasibility Study
InvestmentCommittee
Pre-feasibilityStudy
Bank Pre-Screening
Bank
Period of IAF Intervention
IAF Projects, IAF Projects, Interventions to DateInterventions to Date
Bank / Financier Investment Description Expertise Provided
Inter-AmericanInvestment Corporation
20MW Small hydro peaking plant inGuatemala.
Third party review of engineeringdesign.
Dutch and German Dev.banks (FMO, DEG)
Sustainable forestry plantation adjacent toa salt mine in Tanzania. Wood requiredfor salt drying.
Evaluation of plantation investment,as part of mine refinancing.
RES Ltd. and PetroleumCorporation of Jamaica
20MW Wind farm in Jamaica Carbon valuation and sale.
European commercialbank
Biomass coffee waste cogen plant inCosta Rica
Project feasibility for carboninvestment fund development.
European commercialbank
District heating cogen plant in SlovakRepublic
Project feasibility for carboninvestment fund development.
International FinanceCorporation and PacificHydro
5 MW Geothermal power plant in Vanuatu Feasibility study completion + thirdparty review for governmentnegotiations.
International FinanceCorporation and twocommercial investors
50MW Merchant power wind farm inArgentina
Third party review of wind resourcedata and wind plant design.
PhilBIO 5 3 MW biogas plant in Philippines Carbon valuation and sale.
NewEn GmbH andGerman Dev. Bank(DEG)
20 MW Wind farm in Ghana Support for completion of powerpurchase agreement
Inter-AmericanDevelopment Bank (MIF)and FondElec
Latin American energy services fund(renewable energy and energy efficiencyESCOs)
Market sizing for fund pipelinedevelopment.
IAF Interventions in ROLAC
• Jamaica: 20 MW windfarm • Guatemala: 20MW Small hydro plant• Costa Rica: Biomass coffee waste cogen
plant• Argentina: 50 MW windfarm• Latin American energy services fund
(Fondelec group).
Latin American energy services fund
• FondElect with the Multilateral Investment Fund of the Interamerican Development Bank is exploring the feasibility of establishing a fund for RE, micro-generation and EE principally in Mexico and Brazil.
• The fund offers investors a vehicle to participate in the RE sector.
• The investment focuses on small and medium sized undercapitalized energy service companies.
IAF Projects IAF Projects Carbon Carbon Investment FundInvestment Fund
Client: European commercial banking group
Projects: Assisted bank to develop pipeline of
investments for proposed carbon fund
1. Costa Rica: coffee processing waste recovery
2. Slovak Republic: Fuel switch - district heating plant
Support: i) technology evaluations, ii) economic and social
reviews, iii) environmental assessments
iv) CDM/JI assessment (UCCEE experts).
Outputs:– internal approval secured late 2000 to launch the fund– fund capitalisation underway
IAF Projects,IAF Projects, Jamaican Windfarm
Client: project investors (wind energy financier RES Ltd. and Jamaican Petroleum Corp.)
Project: evaluated whether emission reduction credits could make an otherwise stalled 20 MW wind project viable
Support:– evaluation of the policy context and quantification of emission
reductions– securing and transacting emission reduction credits through
‘early actions’
Output:– negotiated $3.4mn carbon sale with WB Prototype Carbon
Fund
Brazil Rural Energy Brazil Rural Energy Enterprise Development InitiativeEnterprise Development Initiative
(BREED)(BREED)
‘‘fostering renewable energy companies fostering renewable energy companies
that meet the needs of the rural poor’that meet the needs of the rural poor’
A UN Foundation supported initiative
• engages the private sector to provide distributed energy services based on clean and renewable energy technologies
• uses an approach that couples enterprise development ‘hand-holding’ with modest amounts of start-up financing
Brazil Rural Energy Enterprise Brazil Rural Energy Enterprise Development InitiativeDevelopment Initiative
assisting local entrepreneurs to create assisting local entrepreneurs to create
sustainable energy service companiessustainable energy service companies
A practical approach to promoting energy for sustainable development – improve the provision of clean energy services– while building capacity of the private sector– to develop sustainable projects – which are ready for investment.
BREED ConceptBREED Concept
EnterpriseEnterpriseEnterpriseEnterprise RuralRuralCLIENTSCLIENTS
RuralRuralCLIENTSCLIENTS
BREED SupportBREED Support
Start-upStart-upFinancingFinancing
EnterpriseEnterpriseDevelopmentDevelopmentServicesServices
EnergyServices
NGOs / Dev.NGOs / Dev.organisationsorganisations
Financial Financial InstitutionsInstitutions- 2nd stage financing- 2nd stage financing
BREED PartnersBREED Partners
Govn’tGovn’t
BREED Deployment Strategy
BREED
PARTNERS
BREED
PARTNERS
ENTREPRENEURS
IdeaIdea
Fact-FindingFact-Finding
Feasibility Feasibility
Business PlanningBusiness Planning
ImplementationImplementation
ExpansionExpansion
Enterprise Development (E&Co managed)
EDS
Proposal
Business Plan
Seed $ and 2nd Stage $$
• Policy supportPolicy support for clean energy for clean energy service deliveryservice delivery
• Best practice Best practice stakeholder dialoguestakeholder dialogue
• RE concession RE concession program program developmentdevelopment
• EnterpriseEnterprise development development
POL I
CY
MAKERS
Institutional Support(UNEP/UCCEE managed)
UNEP Sustainable Energy Advisory UNEP Sustainable Energy Advisory Facility Facility (SEAF)(SEAF)
provides support to financial institutions provides support to financial institutions evaluating investments in specific RET /EE evaluating investments in specific RET /EE
projectsprojects
A DANIDA supported initiative
• national and sectoral planning studies
• climate change mitigation analysis
• technology assessment and selection
• renewable energy or energy efficiency project assessment
• facilitation of links to funding agencies
Example Services Eligible for SupportExample Services Eligible for Support
En México
• Buscar mecanismos innovativos para realizar proyectos de ER. Por ejemplo, utilizar financiamientos de donadores internacionales para canalizar fondos de instituciones financieras.
Más Información
• www.uneptie.org/energy• [email protected]