Private Financing Advisory Network (PFAN)
General
| Name of initiative | Private Financing Advisory Network (PFAN) |
|---|---|
| LPAA initiative | No |
| NAZCA Initiative | No |
| Website address | http://www.pfan.net/ |
| Related initiatives | |
| Starting year | 2006 |
| End year | |
| Secretariat | Taiki Kuroda - info@pfan.net |
| Organisational structure | Multilateral Public-Private Partnership hosted by the United Nations Industrial Development Organization (UNIDO) and the Renewable Energy and Energy Efficiency Partnership (REEEP) in Vienna, Austria. |
| Geographical coverage | Asia and the Pacific, Latin America and The Caribbean, Africa, Eastern Europe |
| Name of lead organisation | United Nations Industrial Development Organization |
| Type of lead organisation | United Nations or Specialised agency |
| Location/Nationality of lead organisation | Austria |
Description
| Description | The Private Financing Advisory Network (PFAN) identifies promising clean energy projects at an early stage and provides mentoring for development of a business plan, investment pitch, and growth strategy, significantly enhancing the possibility of financial closure. |
|---|---|
| Objectives | PFAN screens business plans, selects the most economically viable and environmentally beneficial projects, and provides extensive coaching and guidance before projects are presented to investors at Clean Energy Financing Forums hosted across Asia, Latin America and Africa. |
| Activities | Around 360 clean energy projects have been inducted into the PFAN Project Development Pipeline. These projects employ technologies including biogas, biomass, waste to energy, clean transport, wind, solar, small hydro and energy efficiency solutions. Thus far, 87 projects have achieved financial closure with over US$ 1.2 billion of investment raised. Combined, these projects have the potential to mitigate over 2.6 million tons of CO2e emissions per year and provide over 701 MW of clean generation capacity. |
| One or two success stories achieved |
Monitoring and Impacts
| Function of initiative | Funding, Implementation | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Activity of initiative | Financing, Goal setting (ex-ante) | ||||||||||||
| Indicators |
Goal setting (ex-ante) — Mitigation - Renewable energy
Financing — Funds disbursed
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| Goals | |||||||||||||
| Comments on indicators and goals | |||||||||||||
| How will goals be achieved | |||||||||||||
| Have you changed or strenghtened your goals | |||||||||||||
| Progress towards the goals | |||||||||||||
| How are you tracking progress of your initiative | |||||||||||||
| Available reporting | The latest Annual Progress Report, reflecting on our 2019 activities. Over US$232 million was raised by 21 PFAN supported projects and businesses, and 120 new projects in 33 countries around the world received PFAN support.
https://pfan.net/wp-content/uploads/2020/05/PFAN-Annual-Report-2020-1.pdf |
Participants
| Participants | Number | Names |
|---|---|---|
| Members | 75 | |
| Companies | 0 | |
| Business organisations | 0 | |
| Research and educational organisations | 0 | |
| Non-governmental organisations | 75 | Africa Business Group (South Africa), African Development Bank (Ivory Coast), Africa Enterprise Challenge Fund (Kenya), Africa Solar Industry Association (Rwanda), African Women in Energy Development Initiative (Kenya), Bangchak Public. Co. (Thailand), BANK VOSTOK (Ukraine), Banque Ouest Africaine de Developpement (Ivory Coast), Banpu Public Co. (Thailand), Basel Agency for Sustainable Energy-BASE (Switzerland), Beacon (Thailand), Bioenergy Association of Ukraine (Ukraine), Cento (Singapore), CIMP (Malaysia), Clime Capital (Singapore), Confederation of Indian Industries (India), DEPA (Thailand), ECOWAS (Ivory Coast), Energy Efficiency Practitioners Association of the Philippines (Philippines), Energy Private Developers (Rwanda), Eos Capital (Namibia), European-Ukrainian Energy Agency (Ukraine9, Export-Import Bank of Thailand (Thailand), Fidelity Bank Ghana Limited (Ghana), Fiji Development Bank (Fiji), Fiji Rural Electrification Fund (Fiji), GrEEn - Boosting Green Employment and Enterprise Opportunities in Ghana (Ghana), Green Artha (India), GreenCape (South Africa), GreenMomentum (Mexico), GUNKUL (Thailand), IRENA (United Arab Emirates), I&P Madagascar (Madagascar), JSB UKRGASBANK (Ukraine), Kasikorn Bank (Thailand), Kenya Climate Ventures (Kenya), Khmer Enterprise (Cambodia), Landprocess (Thailand), Maejo University-Faculty of Agriculture (Thailand), Malaysia Green Building Council (Malaysia), Malawi Agricultural and Industrial Investment Corporation (Malawi), National Innovation Agency (Thailand), New Energy Nexus (USA), Nexus for development (Thailand), Obor Capital (Cambodia), Philippine Energy Efficiency Alliance (Philippines), Philippine Export Import Credit Agency (Philippines), R3i (France), Renewable Energy Association of the Philippines (Philippines), Renewable Energy Association Zimbabwe (Zimbabwe), Renewable Energy Confederation of Nepal (Nepal), SABER/ABREC (Togo), South African National Energy Development Institute-SANEDI (South Africa), Sangam Ventures (India), SEAF (USA), Solar Industry Association of Zambia (Zambia), Sindh Enterprise Development Fund (India), Sinergi Burkina (Burkina Faso), Smart Power Myanmar (Myanmar), Solar Impulse Foundation (USA), SouthSouthNorth (South Africa), State Agency on Energy Efficiency and Energy Saving of Ukraine (Ukraine), Sustainable Development & Investments Agency (Ukraine), Tanzania Horticultural Association (Tanzania), Thai Union Group (Thailand), The Innovation Hub (South Africa), TIB Development Bank (Tanzania), True Digital Park (Thailand), Ukrainian Ministry of Energy (Ukraine), USAID Green Invest Asia (USA), WWF Myanmar (Myanmar), World Wind Energy Association (Pakistan), 500 Startups (Colombia), 1337 Ventures (Malaysia). |
| National states | 0 | |
| Governmental actors | 0 | |
| Regional / state / county actors | 0 | |
| City / municipal actors | 0 | |
| Intergovernmental organisations | 0 | |
| Financial Institutions | 0 | |
| Faith based organisations | 0 | |
| Other members | 0 | |
| Supporting partners | 6 | PFAN operations and activities are funded by: the Australian Department of Foreign Affairs and Trade (Australia), the Austrian Federal Ministry for Digital - Business and Enterprise (Australia), Japanese Ministry of Economy - Trade and Industry (Japan), Norwegian Ministry of Foreign Affairs (Norway), Government of Sweden (Sweden), United States Agency for International Development (USA). |
| Number of members in the years | | |
| Have only national states as participators | No | |
Theme
| Transport | Agriculture | Forestry | Business | Financial institutions | Buildings | Industry | Waste | Cities and subnational governments | Short Term Pollutants | International maritime transport | Energy Supply | Fluorinated gases | Energy efficiency | Renewable energy | Supply chain emission reductions | Adaptation | Other | Resilience | Innovation | Energy Access and Efficiency | Private Finance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Yes | No | No | No | Yes | No | No | No | No | No | No | No | No | Yes | Yes | No | No | No | No | No | No | No |
Last update: 22 April 2022 12:30:17
Not only have national states as participators