One of the key barriers to delivering energy solutions for all is the limited access to affordable finance at the local and national levels to serve urban and rural poor with appropriate energy access solutions. At international level, finance flows are insufficiently targeting the last mile and flowing mainly to higher income areas and on-grid solutions.
To achieve universal access for all, as laid out in SDG7, priority should be given to include the last mile in the energy access equation, especially through dedicated financial mechanisms and support for decentralised energy solutions.
Hivos at the High Level Political Forum 2020
On the occasion of the High Level Political Forum 2020 focusing on SDG progress in light of COVID-19 pandemic impacts, Hivos together with WorldBank – ESMAP and KfW, have teamed up to host the side event:
“Financing decentralized renewable energy for the last mile: How to unlock finance that supports universal energy access”
The event explores financing options to increase the flow of finance for last mile energy access by bringing in perspectives of a range of stakeholders. Focus is on identifying needs, best practices and solutions, to support the global development of supportive financial mechanisms that serve energy access for the last mile.
Moderated by Maimuna Kabatesi, Program Manager Climate and Energy at Hivos – East Africa
- Jan Gerald Andreas, Principle Energy Economist, KfW Development Bank (presentation)
- Dana Rysankova, Senior Energy Specialist, World Bank (presentation)
- Shukri Abdulkadir, Project Officer, Hivos/ENERGIA (presentation)
- Paul Mbuthi, Deputy Director, Renewable Energy Secretariat, Ministry of Energy, Kenya
- Emma Colenbrander, Head of the Global Distributors Collective
- Hannah Kabir, Chief Executive Officer, CREEDS Energy
- Sarah Bieber, Strategic Partnerships, Acumen
- Sarah Alexander, Senior Advisor, SELCO Foundation
Organizers: Hivos, WorldBank – ESMAP, KfW