CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

UNEP Collaborating Centre Frankfurt School of Finance & Management Sonnemannstrasse 9–11 60314 Frankfurt am Main

www.fs-unep-centre.org Projects: Jan G.Andreas Senior Project Manager j.andreas@fs.de Tel.: +49 (0) 69 154008-626 Fax: +49 (0) 69 154008-670

Coordination Marketing, Communications and PR: Sabrina Heckler Project Assistant s.heckler@fs.de Tel.: +49 (0) 69 154008-604 Fax: +49 (0) 69 154008-670

Research and Education: Prof. Dr. Ulf Moslener Head of Research u.moslener@fs.de Tel.: +49 (0) 69 154008-831 Fax: +49 (0) 69 154008-4831

A UNIQUE COMBINATION OF RESEARCH, EDUCATION & PROJECT IMPLEMENTATION

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

Global warming is one of the most important chal-lenges facing mankind. For decades to come, cli-mate change will remain a fundamental challenge for both global and local economies and thus the financial industry in particular. The global consensus target of limiting global warming to 2°C above pre-industrialized levels requires a substantial structural change in economies, and these structural chang-es require investments along a low-carbon growth path. In response to these needs Frankfurt School and UNEP have established the Frankfurt School – the UNEP Collaborating Centre for Climate & Sus-tainable Energy Finance (the Centre).

OUR VISION

The Centre’s vision is to help develop and trans-fer cost-effective ways to reduce carbon emissions from existing energy supplies and use by mobil-ising and leveraging finance for climate and sus-tainable energy investments and strengthening of their associated markets.

By working with the Centre’s established net-works of financial institutions to develop and refine technical know-how, innovative financing approaches and new forms of entrepreneurial and end-user finance the Centre will enable a shift in the overall existing investment strategies to low-carbon choices while minimizing investment risks.

The Centre’s approach combines project imple-mentation on the ground with think tank activ-

ities, and the Centre’s staff conducts applied research and implements findings and instruments where they are most effective.

Located in the financial heart of Germany, the Centre serves as UNEP’s main knowledge hub for sustainable energy and climate finance. It pro-vides leadership in advancing policy-relevant knowledge about sustainable energy and climate finance. Through publications and policy discus-sions, workshops, seminars, training sessions and conferences, the Centre promotes innovative solu-tions to climate and sustainable energy finance.

With the view to fostering long-term transforma-tional change towards a low-carbon economy, the Centre’s work is designed to encourage and sup-port the finance community in taking the first steps of active engagement - working with key actors in finance, government and industry to improve their capacities for mobilising investment in climate miti-gation and adaptation technologies.

Both partners recognize that the financial industry must play an important role in shaping the global response to climate change

T H E C E N T R E

A COLLABORATION TO FACILITATE CLIMATE AND SUSTAINABLE ENERGY FINANCE

Frankfurt School of Finance and Man-agement (Frankfurt

School) is a leading private business school based in Frankfurt am Main, with over 86 regional edu-cation centres spread across Germany and several joint ventures abroad. It is one of Germany’s fore-most institutions of higher education with full-degree awarding power. Frankfurt School advances and disseminates sustainable international busi-ness practices in finance and management through education, research, training and advisory servic-es. Based on research and practical experience, the school educates its students and clients to be responsible experts and executives.

Via its International Advisory Services (IAS) Frank-furt School implements consulting and training projects in emerging markets and developing coun-tries. Its mandate is to build up and strengthen institutional capacities in the financial sectors of these countries.

Historically, the IAS Compentence Centre “Sustain-able Energy Finance“, has successfully implement-ed numerous energy efficiency and renewable energy projects worldwide, and notably provides technical support during the entire investment cycle. This includes project identification appraisal, implementation through operation, monitoring and evaluation of investment measures, as well as verification of energy savings and CO2 emis-sion reduction. Close links to Frankfurt School’s academic programmes enable the team to draw on findings from the most up-to-date and lat-est research and provide tailor-made advisory to banks and financial institutions.

P A R T N E R S

The United Nations Environment Pro-gramme (UNEP) is the designated authority of the United Nations sys-tem in environmental issues at the global and regional level. Its mandate

is to coordinate the development of environmen-tal policy consensus by keeping the global environ-ment under review and bringing emerging issues to the attention of governments and the interna-tional community for current and future action.

The support for low carbon and climate resil-ient development is at the core of UNEP’s climate change priorities, and links directly with the orga-nization’s general political mandate where UNEP is charged with assisting developing countries in the implementation of the environmental dimen-sions of sustainable development. UNEP’s compar-ative advantage is in engaging industry, building capacities, and giving strategic advice and incen-tives to shift attitudes and help mainstream cli-mate investment as an important complement to the broader financial mandates of the Multilateral and Bilateral Development Banks.

Changing attitudes and helping mainstream financiers to consider climate-related and sustain-able energy investments was the starting point for the UNEP Sustainable Energy Finance Initiative (SEFI). SEFI is being integrated into the new Frank-furt School - the UNEP Collaborating Centre.

Frankfurt School – the UNEP Collaborating Centre for Climate & Sustainable Energy Finance is a strategic cooperation between UNEP and Frankfurt School

The Centre is located on Frankfurt School’s premises in Frankfurt

am Main, Germany.

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

UNEP Collaborating Centre Frankfurt School of Finance & Management Sonnemannstrasse 9–11 60314 Frankfurt am Main

www.fs-unep-centre.org Projects: Jan G.Andreas Senior Project Manager j.andreas@fs.de Tel.: +49 (0) 69 154008-626 Fax: +49 (0) 69 154008-670

Coordination Marketing, Communications and PR: Sabrina Heckler Project Assistant s.heckler@fs.de Tel.: +49 (0) 69 154008-604 Fax: +49 (0) 69 154008-670

Research and Education: Prof. Dr. Ulf Moslener Head of Research u.moslener@fs.de Tel.: +49 (0) 69 154008-831 Fax: +49 (0) 69 154008-4831

A UNIQUE COMBINATION OF RESEARCH, EDUCATION & PROJECT IMPLEMENTATION

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

Global warming is one of the most important chal-lenges facing mankind. For decades to come, cli-mate change will remain a fundamental challenge for both global and local economies and thus the financial industry in particular. The global consensus target of limiting global warming to 2°C above pre-industrialized levels requires a substantial structural change in economies, and these structural chang-es require investments along a low-carbon growth path. In response to these needs Frankfurt School and UNEP have established the Frankfurt School – the UNEP Collaborating Centre for Climate & Sus-tainable Energy Finance (the Centre).

OUR VISION

The Centre’s vision is to help develop and trans-fer cost-effective ways to reduce carbon emissions from existing energy supplies and use by mobil-ising and leveraging finance for climate and sus-tainable energy investments and strengthening of their associated markets.

By working with the Centre’s established net-works of financial institutions to develop and refine technical know-how, innovative financing approaches and new forms of entrepreneurial and end-user finance the Centre will enable a shift in the overall existing investment strategies to low-carbon choices while minimizing investment risks.

The Centre’s approach combines project imple-mentation on the ground with think tank activ-

ities, and the Centre’s staff conducts applied research and implements findings and instruments where they are most effective.

Located in the financial heart of Germany, the Centre serves as UNEP’s main knowledge hub for sustainable energy and climate finance. It pro-vides leadership in advancing policy-relevant knowledge about sustainable energy and climate finance. Through publications and policy discus-sions, workshops, seminars, training sessions and conferences, the Centre promotes innovative solu-tions to climate and sustainable energy finance.

With the view to fostering long-term transforma-tional change towards a low-carbon economy, the Centre’s work is designed to encourage and sup-port the finance community in taking the first steps of active engagement - working with key actors in finance, government and industry to improve their capacities for mobilising investment in climate miti-gation and adaptation technologies.

Both partners recognize that the financial industry must play an important role in shaping the global response to climate change

T H E C E N T R E

A COLLABORATION TO FACILITATE CLIMATE AND SUSTAINABLE ENERGY FINANCE

Frankfurt School of Finance and Man-agement (Frankfurt

School) is a leading private business school based in Frankfurt am Main, with over 86 regional edu-cation centres spread across Germany and several joint ventures abroad. It is one of Germany’s fore-most institutions of higher education with full-degree awarding power. Frankfurt School advances and disseminates sustainable international busi-ness practices in finance and management through education, research, training and advisory servic-es. Based on research and practical experience, the school educates its students and clients to be responsible experts and executives.

Via its International Advisory Services (IAS) Frank-furt School implements consulting and training projects in emerging markets and developing coun-tries. Its mandate is to build up and strengthen institutional capacities in the financial sectors of these countries.

Historically, the IAS Compentence Centre “Sustain-able Energy Finance“, has successfully implement-ed numerous energy efficiency and renewable energy projects worldwide, and notably provides technical support during the entire investment cycle. This includes project identification appraisal, implementation through operation, monitoring and evaluation of investment measures, as well as verification of energy savings and CO2 emis-sion reduction. Close links to Frankfurt School’s academic programmes enable the team to draw on findings from the most up-to-date and lat-est research and provide tailor-made advisory to banks and financial institutions.

P A R T N E R S

The United Nations Environment Pro-gramme (UNEP) is the designated authority of the United Nations sys-tem in environmental issues at the global and regional level. Its mandate

is to coordinate the development of environmen-tal policy consensus by keeping the global environ-ment under review and bringing emerging issues to the attention of governments and the interna-tional community for current and future action.

The support for low carbon and climate resil-ient development is at the core of UNEP’s climate change priorities, and links directly with the orga-nization’s general political mandate where UNEP is charged with assisting developing countries in the implementation of the environmental dimen-sions of sustainable development. UNEP’s compar-ative advantage is in engaging industry, building capacities, and giving strategic advice and incen-tives to shift attitudes and help mainstream cli-mate investment as an important complement to the broader financial mandates of the Multilateral and Bilateral Development Banks.

Changing attitudes and helping mainstream financiers to consider climate-related and sustain-able energy investments was the starting point for the UNEP Sustainable Energy Finance Initiative (SEFI). SEFI is being integrated into the new Frank-furt School - the UNEP Collaborating Centre.

Frankfurt School – the UNEP Collaborating Centre for Climate & Sustainable Energy Finance is a strategic cooperation between UNEP and Frankfurt School

The Centre is located on Frankfurt School’s premises in Frankfurt

am Main, Germany.

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

UNEP Collaborating Centre Frankfurt School of Finance & Management Sonnemannstrasse 9–11 60314 Frankfurt am Main

www.fs-unep-centre.org Projects: Jan G.Andreas Senior Project Manager j.andreas@fs.de Tel.: +49 (0) 69 154008-626 Fax: +49 (0) 69 154008-670

Coordination Marketing, Communications and PR: Sabrina Heckler Project Assistant s.heckler@fs.de Tel.: +49 (0) 69 154008-604 Fax: +49 (0) 69 154008-670

Research and Education: Prof. Dr. Ulf Moslener Head of Research u.moslener@fs.de Tel.: +49 (0) 69 154008-831 Fax: +49 (0) 69 154008-4831

A UNIQUE COMBINATION OF RESEARCH, EDUCATION & PROJECT IMPLEMENTATION

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

Global warming is one of the most important chal-lenges facing mankind. For decades to come, cli-mate change will remain a fundamental challenge for both global and local economies and thus the financial industry in particular. The global consensus target of limiting global warming to 2°C above pre-industrialized levels requires a substantial structural change in economies, and these structural chang-es require investments along a low-carbon growth path. In response to these needs Frankfurt School and UNEP have established the Frankfurt School – the UNEP Collaborating Centre for Climate & Sus-tainable Energy Finance (the Centre).

OUR VISION

The Centre’s vision is to help develop and trans-fer cost-effective ways to reduce carbon emissions from existing energy supplies and use by mobil-ising and leveraging finance for climate and sus-tainable energy investments and strengthening of their associated markets.

By working with the Centre’s established net-works of financial institutions to develop and refine technical know-how, innovative financing approaches and new forms of entrepreneurial and end-user finance the Centre will enable a shift in the overall existing investment strategies to low-carbon choices while minimizing investment risks.

The Centre’s approach combines project imple-mentation on the ground with think tank activ-

ities, and the Centre’s staff conducts applied research and implements findings and instruments where they are most effective.

Located in the financial heart of Germany, the Centre serves as UNEP’s main knowledge hub for sustainable energy and climate finance. It pro-vides leadership in advancing policy-relevant knowledge about sustainable energy and climate finance. Through publications and policy discus-sions, workshops, seminars, training sessions and conferences, the Centre promotes innovative solu-tions to climate and sustainable energy finance.

With the view to fostering long-term transforma-tional change towards a low-carbon economy, the Centre’s work is designed to encourage and sup-port the finance community in taking the first steps of active engagement - working with key actors in finance, government and industry to improve their capacities for mobilising investment in climate miti-gation and adaptation technologies.

Both partners recognize that the financial industry must play an important role in shaping the global response to climate change

T H E C E N T R E

A COLLABORATION TO FACILITATE CLIMATE AND SUSTAINABLE ENERGY FINANCE

Frankfurt School of Finance and Man-agement (Frankfurt

School) is a leading private business school based in Frankfurt am Main, with over 86 regional edu-cation centres spread across Germany and several joint ventures abroad. It is one of Germany’s fore-most institutions of higher education with full-degree awarding power. Frankfurt School advances and disseminates sustainable international busi-ness practices in finance and management through education, research, training and advisory servic-es. Based on research and practical experience, the school educates its students and clients to be responsible experts and executives.

Via its International Advisory Services (IAS) Frank-furt School implements consulting and training projects in emerging markets and developing coun-tries. Its mandate is to build up and strengthen institutional capacities in the financial sectors of these countries.

Historically, the IAS Compentence Centre “Sustain-able Energy Finance“, has successfully implement-ed numerous energy efficiency and renewable energy projects worldwide, and notably provides technical support during the entire investment cycle. This includes project identification appraisal, implementation through operation, monitoring and evaluation of investment measures, as well as verification of energy savings and CO2 emis-sion reduction. Close links to Frankfurt School’s academic programmes enable the team to draw on findings from the most up-to-date and lat-est research and provide tailor-made advisory to banks and financial institutions.

P A R T N E R S

The United Nations Environment Pro-gramme (UNEP) is the designated authority of the United Nations sys-tem in environmental issues at the global and regional level. Its mandate

is to coordinate the development of environmen-tal policy consensus by keeping the global environ-ment under review and bringing emerging issues to the attention of governments and the interna-tional community for current and future action.

The support for low carbon and climate resil-ient development is at the core of UNEP’s climate change priorities, and links directly with the orga-nization’s general political mandate where UNEP is charged with assisting developing countries in the implementation of the environmental dimen-sions of sustainable development. UNEP’s compar-ative advantage is in engaging industry, building capacities, and giving strategic advice and incen-tives to shift attitudes and help mainstream cli-mate investment as an important complement to the broader financial mandates of the Multilateral and Bilateral Development Banks.

Changing attitudes and helping mainstream financiers to consider climate-related and sustain-able energy investments was the starting point for the UNEP Sustainable Energy Finance Initiative (SEFI). SEFI is being integrated into the new Frank-furt School - the UNEP Collaborating Centre.

Frankfurt School – the UNEP Collaborating Centre for Climate & Sustainable Energy Finance is a strategic cooperation between UNEP and Frankfurt School

The Centre is located on Frankfurt School’s premises in Frankfurt

am Main, Germany.

A C T I V I T I E S

THE CENTRE’S FIELDS OF ACTIVITY

A strong link between applied research, information dissemination and successful project implementation maximizes the transformational power of the Centre’s work

The Centre’s mission is to facilitate private sector capital flow towards financing sustainable energy and climate change mitigation and adaptation around the globe. Our strength lies in integrating insights and research from stakeholders of vari-ous disciplines to help channel capital towards sustainable energy and climate finance. A range of activities organized in three different fields of action – Research, Education and Training and Project Implementation – also provides a platform of exchange for investors, financiers, policy makers and researchers.

RESEARCH

The Centre combines academic research with an orientation towards practical applications in the form of concrete projects implemented on the ground. A key part of our research focuses on the consequences and impacts of policies and incen-tives on a macro scale – be it from carbon markets, feed-in-tariffs, policy-based financial incentives or the work of international institutions – for the investor’s financing decision. By linking our research activities with actual projects we pro-vide results not only of interest to the private (and public) investor, but also to public policy.

Sustainable Energy Finance Summer Academy 2011.

EDUCATION AND TRAINING

Knowledge transfer is a crucial part of our work. We offer:

� Tailor-made local and regional training and tools for financial institutions worldwide;

� Stakeholder consultations and workshops globally;

� Executive Education (Summer Academies, or two-year executive programmes);

� Specialized student courses within the Frank-furt School curriculum;

� Interactive learning through our E-learning platform;

PROJECT IMPLEMENTATION

In addition to applying research results in the scope of the Centre’s educational activity, our experts implement them in projects. These pro-jects are largely targeted at financial institutions, but also at governments and the industry. Our team offers solutions customized for the specific areas in which our clients operate.

IN ITS PROJECT WORK THE CENTRE:

� Assists in developing products for different business segments;

� Assists in incorporating new types of finance into their product lines;

� Builds financial awareness and capacity through on-site and targeted training courses in energy finance;

� Promotes innovative finance delivery channels; � Provides technical assistance to manage local

investment funds; � Prepares feasibility studies for sustainable

energy finance in specific countries;

PLATFORM OF EXCHANGE The Centre’s website forms the basis of this plat-form as it:

� functions as meeting point for our network; � publishes our newest findings and develop-

ments in research; � offers educational measures in shape of

e-learning programmes and distance learning;

� provides news and information on our latest projects;

www.fs-unep-centre.org

FIELDS OF ACTIVITY

”BRIDGING THE GAP BETWEEN INVESTORS AND POLICY MAKERS IS KEY TO BUILDING THE LOW-CARBON ECONOMY.” Ulf Moslener (Frankfurt School) Centre Head of Research

MOBILISING FINANCIAL FLOWS INTO CLIMATE CHANGE SOLUTIONSBy implementing and recording findings and instruments in the field where they are most effective we maximize our knowledge base to become a leading think tank

SEED CAPITAL ASSISTANCE FACILITY (SCAF)

SCAF helps clean energy entrepreneurs access enter-prise development support and early stage seed capital financing from commercial energy inves-tors. Entrepreneurs can transform markets, how-ever the environment for entrepreneurship is poor in many developing countries, particularly in the energy sector. For new business ventures there is a lack of available entrepreneur support services and seed financing is hard to secure, with most inves-tors reluctant to engage too ear-ly. This means that even high potential renew-able energy and energy efficiency sectors develop slowly. The two largest challeng-es that investors face in providing seed capital financing to early stage projects and companies are the higher transaction costs and increased risks of these small, less mature business ventures. The SCAF facility is designed to address these two hurdles, offering clean energy invest-ment funds two types of cost-sharing support for those willing to include a seed window within their overall investment strategy.

www.scaf-energy.org

NATIONAL CLIMATE FINANCE INSTITUTIONS SUPPORT PROGRAMME (NCFISP)

Developing countries are exploring ways to access and manage finance for climate mitigation and adaptation activities via emerging funding chan-nels. With the country-driven approach in mind, some of these countries are already establishing or operating “national funding entities” and institu-tions to address finance needs with the objective to mobilize private investment.

The National Cli-mate Finance Institutions Sup-port Programme provides a experi-ence and infor-mation exchange for the purpose of helping domes-tic financial actors build institu-

tional capacities and skills to be able to facilitate increased investment in climate mitigation and adaptation activities.

For countries planning new climate finance insti-tutions the Programme will provide demand-driven hands-on technical support that includes building capacity to access climate finance and piloting new finance approaches.

P R O J E C T S

Centre staff members at an on-site visit for CFIF.

FINANCE FOR ACCESS TO CLEAN ENERGY TECHNOLOGIES IN SOUTHEAST ASIA (FACET) Access to modern, clean energy is essential to improve overall living conditions. However, many Southeast Asian households cannot afford to pur-chase clean energy technologies. While financing is generally needed, many financial institutions have not yet realized these new credit opportunities.

The FACET project aims at mobilizing financial access to clean energy by combining temporary financial support mechanisms (e.g. interest rate softening, partial guarantees) with technical assistance and capacity building measures. The UNEP/FS team is currently assessing the feasibil-ity of individual country programmes in terms of market potential (clean energy technologies,

financing), capacities of local cooperation part-ners, and most appropriate support mechanisms.

CLIMATE FINANCE INNOVATION FACILITY (CFIF) The Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors such as renewable energy (RE), energy efficiency (EE) and sustainable for-estry. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services. A broad range of activities are eligible for support, rang-ing from feasibility studies, to market assess-ments and legal reviews. The overall aim of CFIF is to help mobilise a scaling up of financial flows into climate change solutions. More broadly, by encouraging early action within the finance community, the facility helps cultivate on-the-ground leadership amongst financial actors that can have replication effects across markets and geographies.

www.climate-finance.org

“HELPING CLEAN ENER-GY ENTREPRENEURS GAIN ACCESS TO SEED FINANC-ING CAN QUICKLY SCALE UP EARLY GROWTH OF THESE SECTORS.” Eric Usher (UNEP) Project Manager for SCAF

“WE SUPPORT INNO-VATION IN CLIMATE FINANCE AND SUS-TAINABLE ENERGY FINANCE.” Jan G. Andreas Senior Project Manager CFIF

In applying the continuum from research to pro- ject implementation the Centre builds a knowledge-base directly benefiting its partners and the wider community. This is supported by the dissemination of project results and lessons learned.

EDUCATION

RESEARCH

PLATFORM / OUTREACH

PROJECT IMPLEMENTATION

A C T I V I T I E S

THE CENTRE’S FIELDS OF ACTIVITY

A strong link between applied research, information dissemination and successful project implementation maximizes the transformational power of the Centre’s work

The Centre’s mission is to facilitate private sector capital flow towards financing sustainable energy and climate change mitigation and adaptation around the globe. Our strength lies in integrating insights and research from stakeholders of vari-ous disciplines to help channel capital towards sustainable energy and climate finance. A range of activities organized in three different fields of action – Research, Education and Training and Project Implementation – also provides a platform of exchange for investors, financiers, policy makers and researchers.

RESEARCH

The Centre combines academic research with an orientation towards practical applications in the form of concrete projects implemented on the ground. A key part of our research focuses on the consequences and impacts of policies and incen-tives on a macro scale – be it from carbon markets, feed-in-tariffs, policy-based financial incentives or the work of international institutions – for the investor’s financing decision. By linking our research activities with actual projects we pro-vide results not only of interest to the private (and public) investor, but also to public policy.

Sustainable Energy Finance Summer Academy 2011.

EDUCATION AND TRAINING

Knowledge transfer is a crucial part of our work. We offer:

� Tailor-made local and regional training and tools for financial institutions worldwide;

� Stakeholder consultations and workshops globally;

� Executive Education (Summer Academies, or two-year executive programmes);

� Specialized student courses within the Frank-furt School curriculum;

� Interactive learning through our E-learning platform;

PROJECT IMPLEMENTATION

In addition to applying research results in the scope of the Centre’s educational activity, our experts implement them in projects. These pro-jects are largely targeted at financial institutions, but also at governments and the industry. Our team offers solutions customized for the specific areas in which our clients operate.

IN ITS PROJECT WORK THE CENTRE:

� Assists in developing products for different business segments;

� Assists in incorporating new types of finance into their product lines;

� Builds financial awareness and capacity through on-site and targeted training courses in energy finance;

� Promotes innovative finance delivery channels; � Provides technical assistance to manage local

investment funds; � Prepares feasibility studies for sustainable

energy finance in specific countries;

PLATFORM OF EXCHANGE The Centre’s website forms the basis of this plat-form as it:

� functions as meeting point for our network; � publishes our newest findings and develop-

ments in research; � offers educational measures in shape of

e-learning programmes and distance learning;

� provides news and information on our latest projects;

www.fs-unep-centre.org

FIELDS OF ACTIVITY

”BRIDGING THE GAP BETWEEN INVESTORS AND POLICY MAKERS IS KEY TO BUILDING THE LOW-CARBON ECONOMY.” Ulf Moslener (Frankfurt School) Centre Head of Research

MOBILISING FINANCIAL FLOWS INTO CLIMATE CHANGE SOLUTIONSBy implementing and recording findings and instruments in the field where they are most effective we maximize our knowledge base to become a leading think tank

SEED CAPITAL ASSISTANCE FACILITY (SCAF)

SCAF helps clean energy entrepreneurs access enter-prise development support and early stage seed capital financing from commercial energy inves-tors. Entrepreneurs can transform markets, how-ever the environment for entrepreneurship is poor in many developing countries, particularly in the energy sector. For new business ventures there is a lack of available entrepreneur support services and seed financing is hard to secure, with most inves-tors reluctant to engage too ear-ly. This means that even high potential renew-able energy and energy efficiency sectors develop slowly. The two largest challeng-es that investors face in providing seed capital financing to early stage projects and companies are the higher transaction costs and increased risks of these small, less mature business ventures. The SCAF facility is designed to address these two hurdles, offering clean energy invest-ment funds two types of cost-sharing support for those willing to include a seed window within their overall investment strategy.

www.scaf-energy.org

NATIONAL CLIMATE FINANCE INSTITUTIONS SUPPORT PROGRAMME (NCFISP)

Developing countries are exploring ways to access and manage finance for climate mitigation and adaptation activities via emerging funding chan-nels. With the country-driven approach in mind, some of these countries are already establishing or operating “national funding entities” and institu-tions to address finance needs with the objective to mobilize private investment.

The National Cli-mate Finance Institutions Sup-port Programme provides a experi-ence and infor-mation exchange for the purpose of helping domes-tic financial actors build institu-

tional capacities and skills to be able to facilitate increased investment in climate mitigation and adaptation activities.

For countries planning new climate finance insti-tutions the Programme will provide demand-driven hands-on technical support that includes building capacity to access climate finance and piloting new finance approaches.

P R O J E C T S

Centre staff members at an on-site visit for CFIF.

FINANCE FOR ACCESS TO CLEAN ENERGY TECHNOLOGIES IN SOUTHEAST ASIA (FACET) Access to modern, clean energy is essential to improve overall living conditions. However, many Southeast Asian households cannot afford to pur-chase clean energy technologies. While financing is generally needed, many financial institutions have not yet realized these new credit opportunities.

The FACET project aims at mobilizing financial access to clean energy by combining temporary financial support mechanisms (e.g. interest rate softening, partial guarantees) with technical assistance and capacity building measures. The UNEP/FS team is currently assessing the feasibil-ity of individual country programmes in terms of market potential (clean energy technologies,

financing), capacities of local cooperation part-ners, and most appropriate support mechanisms.

CLIMATE FINANCE INNOVATION FACILITY (CFIF) The Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors such as renewable energy (RE), energy efficiency (EE) and sustainable for-estry. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services. A broad range of activities are eligible for support, rang-ing from feasibility studies, to market assess-ments and legal reviews. The overall aim of CFIF is to help mobilise a scaling up of financial flows into climate change solutions. More broadly, by encouraging early action within the finance community, the facility helps cultivate on-the-ground leadership amongst financial actors that can have replication effects across markets and geographies.

www.climate-finance.org

“HELPING CLEAN ENER-GY ENTREPRENEURS GAIN ACCESS TO SEED FINANC-ING CAN QUICKLY SCALE UP EARLY GROWTH OF THESE SECTORS.” Eric Usher (UNEP) Project Manager for SCAF

“WE SUPPORT INNO-VATION IN CLIMATE FINANCE AND SUS-TAINABLE ENERGY FINANCE.” Jan G. Andreas Senior Project Manager CFIF

In applying the continuum from research to pro- ject implementation the Centre builds a knowledge-base directly benefiting its partners and the wider community. This is supported by the dissemination of project results and lessons learned.

EDUCATION

RESEARCH

PLATFORM / OUTREACH

PROJECT IMPLEMENTATION

A C T I V I T I E S

THE CENTRE’S FIELDS OF ACTIVITY

A strong link between applied research, information dissemination and successful project implementation maximizes the transformational power of the Centre’s work

The Centre’s mission is to facilitate private sector capital flow towards financing sustainable energy and climate change mitigation and adaptation around the globe. Our strength lies in integrating insights and research from stakeholders of vari-ous disciplines to help channel capital towards sustainable energy and climate finance. A range of activities organized in three different fields of action – Research, Education and Training and Project Implementation – also provides a platform of exchange for investors, financiers, policy makers and researchers.

RESEARCH

The Centre combines academic research with an orientation towards practical applications in the form of concrete projects implemented on the ground. A key part of our research focuses on the consequences and impacts of policies and incen-tives on a macro scale – be it from carbon markets, feed-in-tariffs, policy-based financial incentives or the work of international institutions – for the investor’s financing decision. By linking our research activities with actual projects we pro-vide results not only of interest to the private (and public) investor, but also to public policy.

Sustainable Energy Finance Summer Academy 2011.

EDUCATION AND TRAINING

Knowledge transfer is a crucial part of our work. We offer:

� Tailor-made local and regional training and tools for financial institutions worldwide;

� Stakeholder consultations and workshops globally;

� Executive Education (Summer Academies, or two-year executive programmes);

� Specialized student courses within the Frank-furt School curriculum;

� Interactive learning through our E-learning platform;

PROJECT IMPLEMENTATION

In addition to applying research results in the scope of the Centre’s educational activity, our experts implement them in projects. These pro-jects are largely targeted at financial institutions, but also at governments and the industry. Our team offers solutions customized for the specific areas in which our clients operate.

IN ITS PROJECT WORK THE CENTRE:

� Assists in developing products for different business segments;

� Assists in incorporating new types of finance into their product lines;

� Builds financial awareness and capacity through on-site and targeted training courses in energy finance;

� Promotes innovative finance delivery channels; � Provides technical assistance to manage local

investment funds; � Prepares feasibility studies for sustainable

energy finance in specific countries;

PLATFORM OF EXCHANGE The Centre’s website forms the basis of this plat-form as it:

� functions as meeting point for our network; � publishes our newest findings and develop-

ments in research; � offers educational measures in shape of

e-learning programmes and distance learning;

� provides news and information on our latest projects;

www.fs-unep-centre.org

FIELDS OF ACTIVITY

”BRIDGING THE GAP BETWEEN INVESTORS AND POLICY MAKERS IS KEY TO BUILDING THE LOW-CARBON ECONOMY.” Ulf Moslener (Frankfurt School) Centre Head of Research

MOBILISING FINANCIAL FLOWS INTO CLIMATE CHANGE SOLUTIONSBy implementing and recording findings and instruments in the field where they are most effective we maximize our knowledge base to become a leading think tank

SEED CAPITAL ASSISTANCE FACILITY (SCAF)

SCAF helps clean energy entrepreneurs access enter-prise development support and early stage seed capital financing from commercial energy inves-tors. Entrepreneurs can transform markets, how-ever the environment for entrepreneurship is poor in many developing countries, particularly in the energy sector. For new business ventures there is a lack of available entrepreneur support services and seed financing is hard to secure, with most inves-tors reluctant to engage too ear-ly. This means that even high potential renew-able energy and energy efficiency sectors develop slowly. The two largest challeng-es that investors face in providing seed capital financing to early stage projects and companies are the higher transaction costs and increased risks of these small, less mature business ventures. The SCAF facility is designed to address these two hurdles, offering clean energy invest-ment funds two types of cost-sharing support for those willing to include a seed window within their overall investment strategy.

www.scaf-energy.org

NATIONAL CLIMATE FINANCE INSTITUTIONS SUPPORT PROGRAMME (NCFISP)

Developing countries are exploring ways to access and manage finance for climate mitigation and adaptation activities via emerging funding chan-nels. With the country-driven approach in mind, some of these countries are already establishing or operating “national funding entities” and institu-tions to address finance needs with the objective to mobilize private investment.

The National Cli-mate Finance Institutions Sup-port Programme provides a experi-ence and infor-mation exchange for the purpose of helping domes-tic financial actors build institu-

tional capacities and skills to be able to facilitate increased investment in climate mitigation and adaptation activities.

For countries planning new climate finance insti-tutions the Programme will provide demand-driven hands-on technical support that includes building capacity to access climate finance and piloting new finance approaches.

P R O J E C T S

Centre staff members at an on-site visit for CFIF.

FINANCE FOR ACCESS TO CLEAN ENERGY TECHNOLOGIES IN SOUTHEAST ASIA (FACET) Access to modern, clean energy is essential to improve overall living conditions. However, many Southeast Asian households cannot afford to pur-chase clean energy technologies. While financing is generally needed, many financial institutions have not yet realized these new credit opportunities.

The FACET project aims at mobilizing financial access to clean energy by combining temporary financial support mechanisms (e.g. interest rate softening, partial guarantees) with technical assistance and capacity building measures. The UNEP/FS team is currently assessing the feasibil-ity of individual country programmes in terms of market potential (clean energy technologies,

financing), capacities of local cooperation part-ners, and most appropriate support mechanisms.

CLIMATE FINANCE INNOVATION FACILITY (CFIF) The Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors such as renewable energy (RE), energy efficiency (EE) and sustainable for-estry. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services. A broad range of activities are eligible for support, rang-ing from feasibility studies, to market assess-ments and legal reviews. The overall aim of CFIF is to help mobilise a scaling up of financial flows into climate change solutions. More broadly, by encouraging early action within the finance community, the facility helps cultivate on-the-ground leadership amongst financial actors that can have replication effects across markets and geographies.

www.climate-finance.org

“HELPING CLEAN ENER-GY ENTREPRENEURS GAIN ACCESS TO SEED FINANC-ING CAN QUICKLY SCALE UP EARLY GROWTH OF THESE SECTORS.” Eric Usher (UNEP) Project Manager for SCAF

“WE SUPPORT INNO-VATION IN CLIMATE FINANCE AND SUS-TAINABLE ENERGY FINANCE.” Jan G. Andreas Senior Project Manager CFIF

In applying the continuum from research to pro- ject implementation the Centre builds a knowledge-base directly benefiting its partners and the wider community. This is supported by the dissemination of project results and lessons learned.

EDUCATION

RESEARCH

PLATFORM / OUTREACH

PROJECT IMPLEMENTATION

A C T I V I T I E S

THE CENTRE’S FIELDS OF ACTIVITY

A strong link between applied research, information dissemination and successful project implementation maximizes the transformational power of the Centre’s work

The Centre’s mission is to facilitate private sector capital flow towards financing sustainable energy and climate change mitigation and adaptation around the globe. Our strength lies in integrating insights and research from stakeholders of vari-ous disciplines to help channel capital towards sustainable energy and climate finance. A range of activities organized in three different fields of action – Research, Education and Training and Project Implementation – also provides a platform of exchange for investors, financiers, policy makers and researchers.

RESEARCH

The Centre combines academic research with an orientation towards practical applications in the form of concrete projects implemented on the ground. A key part of our research focuses on the consequences and impacts of policies and incen-tives on a macro scale – be it from carbon markets, feed-in-tariffs, policy-based financial incentives or the work of international institutions – for the investor’s financing decision. By linking our research activities with actual projects we pro-vide results not only of interest to the private (and public) investor, but also to public policy.

Sustainable Energy Finance Summer Academy 2011.

EDUCATION AND TRAINING

Knowledge transfer is a crucial part of our work. We offer:

� Tailor-made local and regional training and tools for financial institutions worldwide;

� Stakeholder consultations and workshops globally;

� Executive Education (Summer Academies, or two-year executive programmes);

� Specialized student courses within the Frank-furt School curriculum;

� Interactive learning through our E-learning platform;

PROJECT IMPLEMENTATION

In addition to applying research results in the scope of the Centre’s educational activity, our experts implement them in projects. These pro-jects are largely targeted at financial institutions, but also at governments and the industry. Our team offers solutions customized for the specific areas in which our clients operate.

IN ITS PROJECT WORK THE CENTRE:

� Assists in developing products for different business segments;

� Assists in incorporating new types of finance into their product lines;

� Builds financial awareness and capacity through on-site and targeted training courses in energy finance;

� Promotes innovative finance delivery channels; � Provides technical assistance to manage local

investment funds; � Prepares feasibility studies for sustainable

energy finance in specific countries;

PLATFORM OF EXCHANGE The Centre’s website forms the basis of this plat-form as it:

� functions as meeting point for our network; � publishes our newest findings and develop-

ments in research; � offers educational measures in shape of

e-learning programmes and distance learning;

� provides news and information on our latest projects;

www.fs-unep-centre.org

FIELDS OF ACTIVITY

”BRIDGING THE GAP BETWEEN INVESTORS AND POLICY MAKERS IS KEY TO BUILDING THE LOW-CARBON ECONOMY.” Ulf Moslener (Frankfurt School) Centre Head of Research

MOBILISING FINANCIAL FLOWS INTO CLIMATE CHANGE SOLUTIONSBy implementing and recording findings and instruments in the field where they are most effective we maximize our knowledge base to become a leading think tank

SEED CAPITAL ASSISTANCE FACILITY (SCAF)

SCAF helps clean energy entrepreneurs access enter-prise development support and early stage seed capital financing from commercial energy inves-tors. Entrepreneurs can transform markets, how-ever the environment for entrepreneurship is poor in many developing countries, particularly in the energy sector. For new business ventures there is a lack of available entrepreneur support services and seed financing is hard to secure, with most inves-tors reluctant to engage too ear-ly. This means that even high potential renew-able energy and energy efficiency sectors develop slowly. The two largest challeng-es that investors face in providing seed capital financing to early stage projects and companies are the higher transaction costs and increased risks of these small, less mature business ventures. The SCAF facility is designed to address these two hurdles, offering clean energy invest-ment funds two types of cost-sharing support for those willing to include a seed window within their overall investment strategy.

www.scaf-energy.org

NATIONAL CLIMATE FINANCE INSTITUTIONS SUPPORT PROGRAMME (NCFISP)

Developing countries are exploring ways to access and manage finance for climate mitigation and adaptation activities via emerging funding chan-nels. With the country-driven approach in mind, some of these countries are already establishing or operating “national funding entities” and institu-tions to address finance needs with the objective to mobilize private investment.

The National Cli-mate Finance Institutions Sup-port Programme provides a experi-ence and infor-mation exchange for the purpose of helping domes-tic financial actors build institu-

tional capacities and skills to be able to facilitate increased investment in climate mitigation and adaptation activities.

For countries planning new climate finance insti-tutions the Programme will provide demand-driven hands-on technical support that includes building capacity to access climate finance and piloting new finance approaches.

P R O J E C T S

Centre staff members at an on-site visit for CFIF.

FINANCE FOR ACCESS TO CLEAN ENERGY TECHNOLOGIES IN SOUTHEAST ASIA (FACET) Access to modern, clean energy is essential to improve overall living conditions. However, many Southeast Asian households cannot afford to pur-chase clean energy technologies. While financing is generally needed, many financial institutions have not yet realized these new credit opportunities.

The FACET project aims at mobilizing financial access to clean energy by combining temporary financial support mechanisms (e.g. interest rate softening, partial guarantees) with technical assistance and capacity building measures. The UNEP/FS team is currently assessing the feasibil-ity of individual country programmes in terms of market potential (clean energy technologies,

financing), capacities of local cooperation part-ners, and most appropriate support mechanisms.

CLIMATE FINANCE INNOVATION FACILITY (CFIF) The Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors such as renewable energy (RE), energy efficiency (EE) and sustainable for-estry. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services. A broad range of activities are eligible for support, rang-ing from feasibility studies, to market assess-ments and legal reviews. The overall aim of CFIF is to help mobilise a scaling up of financial flows into climate change solutions. More broadly, by encouraging early action within the finance community, the facility helps cultivate on-the-ground leadership amongst financial actors that can have replication effects across markets and geographies.

www.climate-finance.org

“HELPING CLEAN ENER-GY ENTREPRENEURS GAIN ACCESS TO SEED FINANC-ING CAN QUICKLY SCALE UP EARLY GROWTH OF THESE SECTORS.” Eric Usher (UNEP) Project Manager for SCAF

“WE SUPPORT INNO-VATION IN CLIMATE FINANCE AND SUS-TAINABLE ENERGY FINANCE.” Jan G. Andreas Senior Project Manager CFIF

In applying the continuum from research to pro- ject implementation the Centre builds a knowledge-base directly benefiting its partners and the wider community. This is supported by the dissemination of project results and lessons learned.

EDUCATION

RESEARCH

PLATFORM / OUTREACH

PROJECT IMPLEMENTATION

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

UNEP Collaborating Centre Frankfurt School of Finance & Management Sonnemannstrasse 9–11 60314 Frankfurt am Main

www.fs-unep-centre.org Projects: Jan G.Andreas Senior Project Manager j.andreas@fs.de Tel.: +49 (0) 69 154008-626 Fax: +49 (0) 69 154008-670

Coordination Marketing, Communications and PR: Sabrina Heckler Project Assistant s.heckler@fs.de Tel.: +49 (0) 69 154008-604 Fax: +49 (0) 69 154008-670

Research and Education: Prof. Dr. Ulf Moslener Head of Research u.moslener@fs.de Tel.: +49 (0) 69 154008-831 Fax: +49 (0) 69 154008-4831

A UNIQUE COMBINATION OF RESEARCH, EDUCATION & PROJECT IMPLEMENTATION

CENTRE FOR CLIMATE & SUSTAINABLE ENERGY FINANCE

Global warming is one of the most important chal-lenges facing mankind. For decades to come, cli-mate change will remain a fundamental challenge for both global and local economies and thus the financial industry in particular. The global consensus target of limiting global warming to 2°C above pre-industrialized levels requires a substantial structural change in economies, and these structural chang-es require investments along a low-carbon growth path. In response to these needs Frankfurt School and UNEP have established the Frankfurt School – the UNEP Collaborating Centre for Climate & Sus-tainable Energy Finance (the Centre).

OUR VISION

The Centre’s vision is to help develop and trans-fer cost-effective ways to reduce carbon emissions from existing energy supplies and use by mobil-ising and leveraging finance for climate and sus-tainable energy investments and strengthening of their associated markets.

By working with the Centre’s established net-works of financial institutions to develop and refine technical know-how, innovative financing approaches and new forms of entrepreneurial and end-user finance the Centre will enable a shift in the overall existing investment strategies to low-carbon choices while minimizing investment risks.

The Centre’s approach combines project imple-mentation on the ground with think tank activ-

ities, and the Centre’s staff conducts applied research and implements findings and instruments where they are most effective.

Located in the financial heart of Germany, the Centre serves as UNEP’s main knowledge hub for sustainable energy and climate finance. It pro-vides leadership in advancing policy-relevant knowledge about sustainable energy and climate finance. Through publications and policy discus-sions, workshops, seminars, training sessions and conferences, the Centre promotes innovative solu-tions to climate and sustainable energy finance.

With the view to fostering long-term transforma-tional change towards a low-carbon economy, the Centre’s work is designed to encourage and sup-port the finance community in taking the first steps of active engagement - working with key actors in finance, government and industry to improve their capacities for mobilising investment in climate miti-gation and adaptation technologies.

Both partners recognize that the financial industry must play an important role in shaping the global response to climate change

T H E C E N T R E

A COLLABORATION TO FACILITATE CLIMATE AND SUSTAINABLE ENERGY FINANCE

Frankfurt School of Finance and Man-agement (Frankfurt

School) is a leading private business school based in Frankfurt am Main, with over 86 regional edu-cation centres spread across Germany and several joint ventures abroad. It is one of Germany’s fore-most institutions of higher education with full-degree awarding power. Frankfurt School advances and disseminates sustainable international busi-ness practices in finance and management through education, research, training and advisory servic-es. Based on research and practical experience, the school educates its students and clients to be responsible experts and executives.

Via its International Advisory Services (IAS) Frank-furt School implements consulting and training projects in emerging markets and developing coun-tries. Its mandate is to build up and strengthen institutional capacities in the financial sectors of these countries.

Historically, the IAS Compentence Centre “Sustain-able Energy Finance“, has successfully implement-ed numerous energy efficiency and renewable energy projects worldwide, and notably provides technical support during the entire investment cycle. This includes project identification appraisal, implementation through operation, monitoring and evaluation of investment measures, as well as verification of energy savings and CO2 emis-sion reduction. Close links to Frankfurt School’s academic programmes enable the team to draw on findings from the most up-to-date and lat-est research and provide tailor-made advisory to banks and financial institutions.

P A R T N E R S

The United Nations Environment Pro-gramme (UNEP) is the designated authority of the United Nations sys-tem in environmental issues at the global and regional level. Its mandate

is to coordinate the development of environmen-tal policy consensus by keeping the global environ-ment under review and bringing emerging issues to the attention of governments and the interna-tional community for current and future action.

The support for low carbon and climate resil-ient development is at the core of UNEP’s climate change priorities, and links directly with the orga-nization’s general political mandate where UNEP is charged with assisting developing countries in the implementation of the environmental dimen-sions of sustainable development. UNEP’s compar-ative advantage is in engaging industry, building capacities, and giving strategic advice and incen-tives to shift attitudes and help mainstream cli-mate investment as an important complement to the broader financial mandates of the Multilateral and Bilateral Development Banks.

Changing attitudes and helping mainstream financiers to consider climate-related and sustain-able energy investments was the starting point for the UNEP Sustainable Energy Finance Initiative (SEFI). SEFI is being integrated into the new Frank-furt School - the UNEP Collaborating Centre.

Frankfurt School – the UNEP Collaborating Centre for Climate & Sustainable Energy Finance is a strategic cooperation between UNEP and Frankfurt School

The Centre is located on Frankfurt School’s premises in Frankfurt

am Main, Germany.