Marshall IslandsHome Energy Efficiency and Renewable Energy
Loan Program17 November 2017
COP23 / CMP13 / CMA1-2IETA Side Event
The Republic of the Marshall Islands
Population 74,539 (July 2017 ) Area 181 sq km (29 atolls)
Capital Majuro
Major Languages Marshallese, English
GHG Emissions170,000 tCO2e/yr, less than 0.01% of global
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Climate Change ImpactsDrought May 2013 , Feb 2016
• Severe drought damaged agriculture, and health conditions deteriorated
King Tides Feb 2011, Mar 2014• Homes damaged• Residents evacuated
AFP: Giff Johnson
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Marshall Islands Policy
2015 National Energy Policy and Energy Action Plan (2020 Targets)
• Households and businesses 50% more energy efficient
• Government buildings 75% more energy efficient
• Provide 20% of power generation through indigenous renewable resources
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Marshall Islands NDC• RMI commits to a quantified
economy-wide target to reduce its emissions of greenhouse gases to 32% below 2010 levels by 2025.
• An indicative target to reduce its emissions of GHGs to 45% below 2010 levels by 2030. IISD, November 2016
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Marshall Islands Power Grid
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Marshall Islands• 94% of all electricity generated by grid
was from diesel fuel, about 6% from renewable energy.
Majuro• Generation capacity is 23.66 MW (4.3%
renewable), total electricity generation is 53,540 MWh (0.45% renewable)
• Average household electricity consumption about 840 kWh per month
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Home Energy Efficiency and Renewable Energy Loan Program
Project Location• Marshall Islands
Purpose• Improve energy efficiency of households• Generate renewable energy• Help meet energy policy and NDC targets
Funding• US$ 4 million loan by the TaiwanICDF
Home Energy Efficiency and Renewable Energy Loan Program
Republic of the Marshall Islands
Ministry of Finance
International Cooperation and
Development Fund
Marshalls Energy Company
(MEC)
Marshall Islands Development Bank
(MIDB)
LocalResidents
Receiver of loan from the TaiwanICDF and provider of subsidiary loan to MIDB
Sub-loan applications approval and provision to households
Project planning, execution, energy audits
Applicants of energy saving and renewable energy sub-loans
Provider of Program Loan
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Stakeholder ConsultationProject planning with Ministry of Finance, Marshall Islands Development Bank, Marshalls Energy Company
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Project Scope• At least 200 households
Project Activity• Free energy audit• Replace old appliances (e.g., lighting,
television, refrigerator, air conditioners, etc.) to improve energy efficiency
• Install solar PV system to cover 50% of its electricity demand
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Home Energy Efficiency and Renewable Energy Loan Program
Home Energy Efficiency and Renewable Energy Loan Program
Fluorescent tubes T8→ T8 LED
CFL E27 → LED E27
Chest freezer, Refrigerator → high efficiency
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Home Energy Efficiency and Renewable Energy Loan Program
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TV tube type→ TV LED type
Air conditioner → high efficiency
Solar PV system
GHG Reduction Methodologies
AMS-II.E. : Energy efficiency and fuel switching measures for buildings (Ver. 10)
AMS-I.F. : Renewable electricity generation for captive use and mini-grid (Ver. 3)
Construction and operation of a power plant that uses renewable energy sources and supplies electricity to the user(s).
Installation of, or replacement or retrofit of, existing equipment with energy efficiency measures in residential, commercial or institutional buildings.
International Financial Institution Framework for a HarmonisedApproach to Greenhouse Gas Accounting (October 2015)
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GHG Emissions ReductionReduce electricity use from Majuro grid (emission factor = 0.6681 tCO2/MWh)
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Renewable EnergyAnnual GHG reduction
348 tCO2e
Energy EfficiencyAnnual GHG reduction
644 tCO2e
Environmental Benefits
Energy Savings
Renewable Energy
GenerationGHG Emissions
Reduction
Electricity savings 964,800 kWh per year
Produce 520,940 kWh of renewable energy per year
Reduce 992 tCO2/yrof greenhouse gas emissions
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Social Benefits• Cost savings for households from reducing
use of grid electricity• Raising awareness of energy efficiency and
renewable energy • Replacing old appliances to improve quality
of life
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