India

Evidence-based data and information play a critical role in building investor confidence in energy efficiency measures. Standards and protocols also help build familiarity and confidence in energy efficiency projects amongst financial actors, providing a consistent and trustworthy process. Pairing these with capacity building and outreach efforts builds recognition that energy efficiency projects do deliver and are an attractive risk-reward proposition.

India’s Bureau of Energy Efficiency (BEE) and the OECD’s Clean Energy Finance and Investment Mobilisation (CEFIM) programme organised this webinar to discuss global experiences in the design and implementation of finance platforms and protocols used to facilitate and encourage investment in energy efficiency.

The webinar shared insights, lessons learned and good practices on interventions in Europe, the United States and India, and how these experiences have helped to improve access to finance, mitigate investment risk and increase opportunities to scale-up capital for energy efficiency.

The event also considered how BEE can continue to build upon the strong track record of supporting energy efficiency measures in India, working across stakeholders and its new Energy Efficiency Finance Platform to highlight the benefits and risks of energy efficiency projects through market-based evidence and benchmarking of investment performance.

Watch the video recording of the launch

Further information on the European De-risking Energy Efficiency Platform (DEEP) and the Investor Confidence Project (ICP) can be found here:

Speakers

Inaugural Session

• Abhay Bakre, Director General, BEE
• Alex Böhmer, Head of South and Southeast Asia, OECD
• Arijit Sengupta, Director (IC), BEE
  
  

Presentation of global experiences 

• Peter Sweatman, CEO of Climate Strategy and rappporteur for the European Energy Efficiency Financial Institutions Group and Carsten Glenting, Partner, Viegand Maagøe A/S: “The De-risking Energy Efficiency Platform (DEEP)”
• Trevyr Meade, Certification Program Lead, Green Business Certification, Inc.: “Investor Confidence Project”
• Vineeta Kanwal, Director, BEE: “India's Energy Efficiency Financing Platform”
  
  

Panel of financial institutions on energy efficiency  

• Deepak Jain, Deputy General Manager (Finance), Power Finance Corporation (PFC)
• K. P. Philip, Deputy General Manager, India Renewable Energy Development Agency (IREDA)
• Rajiv Kumar, General Manager, Small Industries Development Bank of India (SIDBI): “Financing Energy Efficiency in MSMEs”
• Ashutosh Tandon, International Finance Corporation (IFC): “IFC - EE Financing examples”