Introduction

Based on the clean energy commitments made under the Nationally Determined Commitments (NDCs) as part of The Paris Agreement (2015), the South Asian countries will require a cumulative investment of $2.6 trillion till 2030. Such quantum of investment has no past precedence, and conventional sources of capital are inadequate to meet this huge investment requirement. SAREP plans to plug-in this investment gap and mobilize investment in the clean energy space by providing technical assistance, organizing capacity building workshops and developing collateral for thought leadership, and thereby support the achievement of the envisaged clean energy targets for SA countries. SAREP proposes support investments in clean energy by developing new business models, preparing strategies to enable decarbonization, facilitating use of new and innovative financing instruments and supporting capital raise initiatives.

Key Interventions

Innovative Financing Mechanisms and Strategy
Supporting Capital Raise
Competitive Procurements and Public-Private Partnerships (PPPs)
Capacity Building

Developing financing strategy/roadmaps for public sector undertakings
Creating ESG framework for financing institutions

Setup of investment mobilization platforms and organizing investor summits (in partnership with Invest India and Impact Investors Council)
Supporting transactions for public and private entities

Developing green public procurement frameworks for public entities in South Asia
Facilitating regional dialogue and sharing best practices in South Asia on green public procurement
Structuring PPPs for electric buses, Round-the-clock (RTC) power, electric charging infrastructure, asset monetization, and smart metering

Innovative financing instruments like InvITs, green bonds, Alternative Investment Funds (AIFs)
Developing toolkits for financing institutions to appraise projects
Training of FIs in technologies like green hydrogen and e-mobility
Monetizing assets and developing new PPP models