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Microfinanced Energy Solutions for the Bottom of the Pyramid - the Microenergy Atlas Approach

A large proportion of the world’s population has neither access to any formal financial services nor access to clean energy. This poorest socio-­‐economic group is called the bottom of the pyramid (BoP). It is recognized that microfinance services offered through microfinance institutions (MFIs) can serve this group and offer them opportunities to end financial poverty. To resolve energy poverty, efficient and renewable energy technologies on micro-­‐scale can be a solution. To reduce greenhouse gas emissions, carbon-­‐offsetting measures can be taken. A microenergy project is a combined solution, where MFIs are assisted to give clean energy loans to the BoP. If microfinance is the right channel to provide energy to the bottom of the pyramid (BoP), how are the countries chosen? Which projects fits in? What are the criteria to choose an MFI? What are the conditions needed in relation to the energy sector? This research proposes the Microenergy Atlas as a tool for project implementers with a systematized methodology that addresses these questions and may help decision-­‐making for project planning. Throughout a five-­‐phase process, the Microenergy Atlas screens the listed projects by myclimate according to the MEI’s general objectives. Then, the tool screens microfinance institutions worldwide to select top performers according to MEI’s criteria, and analyses the energy sector of the countries with indicators related to the targeted client. Next, the Atlas places the projects based on specific indicators and finally gives a list of countries with the most favorable conditions to implement a microenergy project along with the potential microfinance institutions and projects. The results shows thirty-­‐seven countries ranked from most favorable to least favorable ones, counting the number of potential institutions and projects that can be done in each country. These results are then compared to actual cases where MicroEnergy International already has had successful experiences in the top-­‐ranked countries. Therefore, this tool can be used as a firsthand guide when choosing a country to have a new microenergy project. / <p>This report concludes the European Joint Master Program of Management and Engineering of Environment and Energy (ME3). It has also been submitted to the coordinating university, Ecole des Mines de Nantes.</p>

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kth-128549
Date January 2013
CreatorsPurnomo, Ira Yulianti
PublisherKTH, Energisystemanalys, Ecole des Mines de Nantes
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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