Frankfurt School Provides Update on Market Study in Africa and New Financial Institutions in Asia and the Pacific

1 March 2013: The Frankfurt School - UN Environment Programme (UNEP) Collaborating Centre for Climate and Sustainable Energy has released the second volume of its newsletter, including articles on: the Sustainable Energy Planning in Eastern Europe and the Southern Caucasus project; a market study for the Renewable Energy Performance Platform (REPP); and the selection of new Climate Finance Innovation Facility (CFIF) partners in Asia.

The newsletter indicates that the “Sustainable Energy Planning in Eastern Europe and the Southern Caucasus: towards the Covenant of Mayors – Ukraine, Moldova and Azerbaijan” project held its third awareness-raising workshop. Targeting municipalities, discussions were held on financial and technical components of renewable energy and energy efficiency, the importance of climate change mitigation and adaptation, as well as sources of financing and international policy support for climate change.

The newsletter also profiles a market study being undertaken by the Collaborating Centre's REPP in cooperation with the European Investment Bank (EIB) to assess the renewable energy/energy efficiency investment potential and the regulatory environment in Africa. According to the newsletter, the REPP was jointly developed by EIB and UNEP to support new energy projects that are between 1–15 megawatts, and that employ proven technologies. REPP will mostly support grid-connected or mini-grid installations although some off-grid business models will also be supported.

Also featured in the newsletter is an article on the CFIF, which has selected six new partner financial institutions in Asia and the Pacific to further promote climate finance investments in the region. The financial institutions, located in China, India, Vietnam, Cambodia, Philippines and Tonga, will establish their own energy efficiency and renewable energy programmes. The CFIF will provide technical assistance, funding and on-the-ground monitoring. [Newsletter Volume 2] [Frankfurt School UNEP Collaborating Centre Website]