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IFC invites investors to roundtable about PAYG standards: April 29th, New York

"In an attempt to increase the availability of commercial finance for the Pay-As-You-Go (PAYG) industry segment by increasing investor confidence, the World Bank/IFC is partnering with GOGLA and UNCDF to facilitate a consultative process to develop Harmonized Metrics and KPIs for the Distributed Solar Industry. This effort is in response to expressed interest from a community of investors interested in un-packaging the perceived risks and challenges of this emerging new business model.  The expected outputs of this work is a set of harmonized KPIs, data sharing infrastructure and benchmarking frameworks. We believe this work is relevant for a) companies seeking to raise investments for PAYG business models and b) investors that are interested in funding such business.

As representatives of the extended finance industry (commercial investors, impact investors, foundations, donors)  you are cordially invited to a consultation on the proposed KPI framework on Friday, April 29th from 10am-1pm. Deutsche Bank have kindly offered to house the consultation in their offices at 60 Wall Street, New York City.  Specifically we're seeking your input in relation to the relevance and prioritization of the proposed metrics, as well as input to a potential business model for the framework.

The team has held virtual consultations with the PAYG industry and reworked a first draft based on input from the solar industry, data driven insights from PAYG companies and other stakeholder discussions. We will share the revised version of the KPIs on Monday April 24 to help you prepare for the conversation." (IFC invitation letter).

 

Contact

Russell Sturm, Global Head, Energy Access, IFC Advisory Services

rsturm@remove-this.ifc.org