UNCDF Clean Start Program

UNCDF Clean Start Program

Creating clean pathways for low-income households

Investment Fund Manager | Africa | Employment Generation | Energy and Fuel Efficiency

 

Overview

UNCDF has partnered with UNDP to develop CleanStart, a programme to help poor households and micro-entrepreneurs access financing for low-cost clean energy. It creates microfinance opportunities for a clean energy future for low-income people. To scale up energy financing for the poor, Microfinance institutions, which by definition target low-income clients, are well placed to provide the products and services poor households and micro-entrepreneurs need to pursue clean energy opportunities. CleanStart promotes such financing arrangements, supports quality assurance measures and offers advisory services to contribute to a mutually beneficial cycle of investment, awareness-building and the creation of a new, higher return market segment. CleanStart aims to help lift at least 2.5 million people out of energy poverty by 2017, in ways that can be replicated and scaled up by others. This is expected to contribute to the mutually complementary MDGs on poverty and hunger, education, gender, health, environmental sustainability as well as and reduced carbon emissions.

Investor Type

Legal Structure

Operating Status

Members

Investment Fund Manager Operating

Portfolio

Oct 13, 2013

 Grant

Kamworks

Sustainable solar solutions for everyone

Kamworks Solar is the leading solar energy company in Cambodia...

sector

Access to Energy

regions

Cambodia

People

Jeroen Verschelling


Investors / Funders


Team


Funds


Impact

Social Objectives:

Environmental Objectives:


Operational Impact:



Offices

UN Capital Development Fund:

Two UN Plaza
New York New York 10017
United States of America



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