Lessons Learnt from the ADMIRE Project SE6: Developing Business Models and Leveraging Private Finance for Climate Actions: Lessons Learnt from the ADMIRE Project Tuesday, August 21st – 15:30-16:30

Developing business models and leveraging private finance for climate actions - lessons learnt from the ADMIRE project Per Wretlind August 21, 2018 Montevideo

The Basics DANIDA funded project of 3.4m USD Time period: 2015-2018 Implemented by UNEP DTU Partnership together with project proponents Objective: create transformational projects where markets, and business models to serve those markets, are established for the climate technology in question

Who and where broad approach, encompassing adaptation and mitigation, many sectors and countries 3 calls Worked together with proponents to further develop promising projects 14 projects were selected, in 12 countries. 7 projects in 5 countries in Latin America and the Caribeean.

Overview of Lessons Learnt from the ADMIRE project Per Wretlind August 21, 2018 Montevideo

ADMIRE Overall Results - to this date The projects which today have leveraged funds for either technology deployment, or further technical assistance Project USD Source of funds Chile, Sustainable Schools 555,000 Private; Chile Federal Government (90,000) Colombia, Efficient Cookstoves 116,000 Private Ghana, Farmer Calender 147,771 US Aid Jamaica, Aquaponics 4,400,000 IDB India, Disaster Risk Management 576,000 NCF Peru, Clean Cooking 20,264,000 Swiss Government

The Lessons Learnt … the process The Process of Extracting Lessons Learnt Interviews with project proponents and stakeholders - what worked, anything missing? Internal discussions Why? Use when replicating projects elsewhere. Research institution - to document knowledge is part of our drive

Lessons learnt profitable business model, which engage beneficiaries Developing profitable business models the basis of creating the necessary partnerships Engage the beneficiaries the investment needs to come from them Convince financial institutions through pilot projects Scalable proof-of-concepts

Overview of all ADMIRE Projects