The Results Based Financing for Productive Appliances & Equipment aims to increase the productive use of energy in remote communities by increasing access to efficient, electric productive equipment. The component targets to electrify 24,500 MSMEs and 1,050,000 with improved access to energy services from productive use systems
The objectives of this component are to:
I. INCREASE productive use of energy in rural communities by facilitating access to energy efficient, electric productive equipment
II. ENCOURAGE developers to make productive use of power and energy-efficient appliances part of their overall strategy for mini-grid viability; and
III. ACTIVATEE the energy efficient productive use appliance and equipment market
Funding: US$19,000,000 (Total Value of results-based financing channeled to private sector providers of Productive Use Appliances and Equipment)
