Regional

The Clean Energy Financing study aims to shed light on the market potential for distributed energy equipment (mostly solar products) and energy-efficient appliances in 14 Pacific Island countries (Cook Islands, Federated States of Micronesia, Fiji, Kiribati, Nauru, Niue, Palau, Papua New Guinea, Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu). The study takes stock of the energy landscape and market potential, and assesses the prospects for clean energy retail lending through national development banks and other intermediary financial institutions. The study also identifies challenges and makes recommendations for developing a more enabling environment for investments, removing bottlenecks for households trying to access to finance products, and for realizing opportunities for job creation by developing local services in the clean energy sector.