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• EEP grants support to renewable energy and energy efficiency projects
• Phase I: • 2010 – 2013
• Managed by DBSA
• € 25 M
• Phase II:• 2013 – 2017
• Managed by KPMG Finland
• € 35 M
EEP
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Introduction
A challenge fund is a financing mechanism to allocate (donor) funds for specific purposes using competition among organizations, mainly small and medium size companies as the lead principle.
A challenge fund invites for proposals from companies, organizations and institutions working in a targeted field to submit project proposals.
Challenge funds are always set up to meet specific objectives – such as extending financial services to poor people or finding solutions to a specific health problem in developing countries.
Challenge fund
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Proposals are assessed against transparent and pre-determined criteria.
Successful applicants must usually match a certain percentage of the grant with own financing.
The challenge fund awards grants to those projects that best meet the objectives of the fund and fulfill various pre-established eligibility criteria.
Challenge fund
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EEP allocates funding through competitive windows.
Window 1: inclusive innovation
For projects at an early stage of implementation, including feasibility studies, demonstrations and small pilot projects
Grant between € 100,000 and € 300,000
Own contribution: 30 %
Window 2: market creation
For projects that are near-commercial private sector projects
Grant between € 300,000 and € 1,000,000
Own contribution: 30 – 90%
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Two funding windows
Shar
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PortfolioBotswana
7 %Burundi
1 %
Kenya24 %
Lesotho2 %
Mozambique
7 %Namibia
8 %Rwanda
2 %Scheycelles
0 %
South-Africa20 %
Swaziland2 %
Tanzania13 %
Uganda2 %
Zambia8 %
Regional4 %
• CfP 1 – 8 in total 11 projects contracted
• EEP funding of EUR 1.8 million
• Total project costs of EUR 3.1 million
• CfP9: 1 project (€ 300,000 of € 680,000)
• CfP10: 1 project (€ 400,000 of € 600,000)
• CfP11: 1 project proposal that was withdrawn by developer
EEP in Zambia
• Shift from portfolio development to grant management and M&E
• Business Development Support to project developers
• Knowledge Management
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Way forward
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