Meetings to Develop Support of Specific Measures in Selected - PDF document

Meetings to Develop Support of Specific Measures in Selected Sector and Presentation of Investment Opportunities July 2018 NREL Deliverables to SouthSouthNorth under the German International Climate Initiative (IKI) Mobilising Private Investment Grant (July 2018) 1 WP I.2 and WP II.2

DISCLAIMER This document is an output from the Mobilising Investment project, an initiative of the Climate and Development Knowledge Network (CDKN) and Low Emission Development Strategies Global Partnership (LEDS GP) contracted through SouthSouthNorth (SSN). The Mobilising Investment project is funded by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), on the basis of a decision adopted by the German Bundestag. Delivery partners for the project include the National Renewable Energy Laboratory (NREL), Overseas Development Institute (ODI) and PriceWaterhouseCoopers UK (PwC). The views expressed are not necessarily those of, or endorsed by, BMU or any of the entities delivering the Mobilising Investment project, who can accept no responsibility or liability for such views or information, or for any reliance placed on them. This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, the entities managing the delivery of the Mobilising Investment project do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. NREL Deliverables to SouthSouthNorth under the German International Climate Initiative (IKI) Mobilising Private Investment Grant (July 2018) ii WP I.2 and WP II.2

Table of Contents Context ...................................................................................................................... 1 Meetings and Presentations Conducted to Date .......................................................... 1 ............................................................................................................1 Dominican Republic Philippines ................................................................................................................. 4 Vietnam .............................................................................................................................6 Planned Q3 2018 Convenings ................................................................................. 10 10 Dominican Republic .......................................................................................................... 10 Philippines ....................................................................................................................... 10 Vietnam ........................................................................................................................... NREL Deliverables to SouthSouthNorth under the German International Climate Initiative (IKI) Mobilising Private Investment Grant (July 2018) iii WP I.2 and WP II.2

Context This deliverable is provided under the National Renewable Energy Laboratory’ s subcontractor agreement with SouthSouthNorth Projects, facilitated via the Alliance for Sustainable Energy, LLC, and funded through the German International Climate Initiative. It seeks to meet the requirement for Output I, Work Package I.2 “Meetings to Develop Support of Specific Measures in Selected Subsector and Output II, Work Package II.1 “Presentation of Investment Opportunities.” Under this grant, NREL is leading efforts to mobilise private investment in the Dominican Republic, Philippines, and Vietnam. This report details meetings undertaken and planned for these three countries as of July 2018. The purpose of these conversations was to identify opportunities for specific measures that NREL and its project partners could undertake to support mobilization of private sector investment in clean energy in our target countries. Meetings and Presentations Conducted to Date 1 Dominican Republic Consultation highlights: • NREL has undertaken two trips to the Dominican Republic (DR), the first was a scoping trip and the second a work planning trip to further refine our approach. • The first trip to the DR took place in November/December 2017, during which NREL held meetings with the Climate Change Office, the National Energy Commission, Ministry of Energy, a utility, Umbrella Energy, Asonahores (an association of hotels and tourism businesses), GIZ, Ecored (an association of environmentally minded businesses), and AIRD (a national association of industrials). NREL also attended an event hosted by the German Commerce Department and Ministry for Foreign and Economic Affairs on “Suministro Descentralizado de Energia con Energias Renovables” during which NREL was able to convene with a number of additional development and private sector partners. Meetings with Banco America and Banco Popular were also held to explore potential financing mechanisms and funds that could be match-made with project pipelines. The primary learnings from the trip were that there may be opportunities to work with Ecored, AIRD, and/or Asonohares on energy efficiency trainings and audits. • The February 2018 work scoping trip meetings included those with the Climate Change Commission, GIZ, the Interamerican Development Bank, Rensa Solar Energy (a solar developer), the U.S. State Department, the German Embassy, Ecored, Ministry of Environment/United Nations Development Programme, Fundación Populár, AIRD, Unidad de Electrificación Rural y Sub-urbana, Banco Promérica, and others. Key outcomes included agreeing with GIZ to develop a joint work plan, complementing their efforts in the DR to advance clean energy deployment, especially renewable energy, and that is also being funded by German IKI. The timeline for developing this workplan is beginning in June/July 2018, when GIZ received formal agreement from the DR government. There was also initial 1 For all countries, NREL and its project partners have conducted additional meetings prior to receiving the German IKI MPI grant. While not included here, these consultations helped inform a baseline understanding of each market and enabled initial establishment of key partnerships. More details on these meetings can be provided upon request. NREL Deliverables to SouthSouthNorth under the German International Climate Initiative (IKI) Mobilising Private Investment Grant (July 2018) 1 WP I.2 and WP II.2

agreement with AIRD to further explore collaborating to develop an energy efficiency training program. • Since the second visit, there have been regular ongoing discussions with the in-country GIZ team . Specific contacts: Organization Name and Email Address 2 AIRD (Association of Carlos Rodriguez, crodriguez@aird.org.do Dominican Industries) ASHARE (American Society of Angelica Redpath, redpath@drgbc.org Heating, Refrigerating and Air- Conditioning Engineers) Representative for DR ASONOHARES (Asociaon de Andres Marrazini, amarranzini@asonahores.com Hoteles Y Turismo de Republica Dominicana) Banco Promérica Mónica Mieses, Mmieses@promerica.com.do CDEEE (state electric Omar Ramirez, Raysa Suazo, and Angel distribution companies) Monegro, omborate@gmail.com, rsuazo@cdeee.gob.do, amonegro@cdeee.gob.do CEPM/Interenergy Roberto Herrera, robertoherrera@cespm.com.do CHENACT (Caribbean Hotel and Loreto Duffy-Mayers, chenactproject@gmail.com Tourism Association) Citibank Bruce Schlein, bruce.s.schlein@citi.com Ecored (Red Nacional de Apoyo María Alicia Urbaneja, m.urbaneja@ecored.org.do Empresarial a la Proteccion Ambiental) Encap Development Dan Gulick, dgulick@encapdevelopment.com 2 Email addresses included here and in subsequent tables when readily available; additional contact information can be provided upon request. NREL Deliverables to SouthSouthNorth under the German International Climate Initiative (IKI) Mobilising Private Investment Grant (July 2018) 2 WP I.2 and WP II.2