ESED Scholarships. The purpose of the ESED scholarship is to support outstanding students pursuing advanced studies in sustainable energy development and to encourage meaningful contributions to the collective body of knowledge about this subject.
Citizens of developing countries listed by DAC/OECD
A typical REEEP Invest-Learn-Share effort begins with a country or regional level analysis to determine market gaps and opportunities for clean technology deployment; a stakeholder landscape to understand key players and influencers; and an assessment of medium to long-term (5 to 15-year) market potential for delivering climate and sustainable development outcomes. These assessments are into a project strategy outlining the technology and sector targets; investment vehicles and volumes; policy and regulatory considerations; ecosystem stakeholders and evidence requirements; and engagement strategies. The investment solicitation and selection process has been secured through donor agreements.
The process is typically launched via a call for proposals. Specifics of the call are adaptable and depend on the realities of the market, as well as on the timing and administrative requirements of donors and local stakeholders. In some cases, multiple capital pools may be combined into a single call for proposals; in other cases, beneficiaries are identified through recommendations from expert networks and approached on an ad hoc basis. In those cases where is provided through a debt-issuing revolving fund, smaller calls for proposals may be issued as the fund by loan repayments. These innovative vehicles represent a promising new approach to growing investment in sectors that have fallen through the finance cracks due to ticket sizes (too large for microfinance, too small for private equity or commercial debt).
As part of a proposal, SMEs are required to submit an application form, including a draft business plan, demonstrating their ability to provide a viable, clean technology-based product or service to a market in the developed country (LDC) or middle-income country (MIC). SMEs are challenged to demonstrate how a business plan will lead to certain outcomes connected to REEEP’s core principles: reducing the effects of climate change and building local prosperity. In some cases, these outcomes may be integrated into the selection processes as specific procurement objectives, allowing for results-based financing. After initial application and due diligence process, successful applicants develop a strategic plan incorporating a stakeholder analysis, key activities, outputs and outcomes, benchmarking and key performance indicators (KPIs), and contingency planning, among other elements. This strategic plan forms the basis of entry as a project investment. Throughout its work, REEEP uses Results-Based Finance methods to verify project progress.
Application Deadline: 11 April 2023
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