1 / 11

Workshop on tools for risk mitigation in small-scale clean infrastructure projects

DEG‘s experience in small-scale renewable energy projects in developing countries risks – mitigants - carbon credits. Workshop on tools for risk mitigation in small-scale clean infrastructure projects Paris, 19th and 20th November 2003 David Rusnok DEG - Deutsche Investitions- und

acton-bright
Download Presentation

Workshop on tools for risk mitigation in small-scale clean infrastructure projects

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. DEG‘s experience in small-scale renewable energy projects in developing countriesrisks – mitigants - carbon credits Workshop on tools for risk mitigation in small-scale clean infrastructure projects Paris, 19th and 20th November 2003 David Rusnok DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH

  2. Overview • 1. DEG - Basic information • 2. DEG‘s small-scale renewable energy portfolio • 3. Risk mitigation in renewable energy projects • 4. DEG and carbon credits • 5. Next steps

  3. DEG – Basic information • Founded: 1962 • Owner: KfW (Kreditanstalt für Wiederaufbau) • Headquarter: Cologne • Capital: EUR 932 million • Employees: 314 • Commitments 2002: EUR 464 million / 66 projects

  4. 2. DEG‘s small-scale renewable energy portfolio • 8 Projects • 58m EUR commitments • About 300m EUR total investments • Windpower • (1) 15 MW Brazil • (2) 16 MW China • (3) 10 MW Turkey • Hydropower • (4) 5 x 20 MW Brazil • (5) 18 MW Costa Rica • (6) 10 MW Costa Rica • (7) 15 MW Peru • (8) 36 MW Nepal • (Renewable Energy Fund)

  5. 2. DEG‘s small-scale renewable energy portfolio 6% Main message: Renewable energy projects are „win-win“-projects: They generate high developmental outcome and adequate return on equity for DEG.

  6. 3. Risk mitigation in renewable energy projects • -

  7. 4. DEG and carbon credits • Promotion of renewable energy- / energy-efficiency projects • Strengthening financial capacity of DEG‘s project companies • Reduction of exchange-rate risks of DEG‘s project companies • Additional income for DEG

  8. 4. DEG and carbon credits (1) Project Company DEG (2) (3) (4) • Project finance • CO2-Consultancy • CO2-Mandate • Intermediation KfW- Carbon Fund

  9. 4. DEG and carbon credits • DEG-Pipeline: windparks and geothermal project • No DEG-certification without DEG-financing • DEG‘s commitment > 500.000 EUR • No sinks, no nuclear power, no large hydro-projects • Additionality could become a major issue • Taxation of carbon-credit cash flows • Eligibility of carbon credits for JV/FDI

  10. 5. Next steps – Preliminary ideas for DFI co-operations • Exchange of know-how (meetings and internet platform) • (1) baselines • (2) new technologies • (3) additionality • (4) taxation of carbon credit cash-flows • (5) eligibility • Project finance

  11. Further questions: • David Rusnok, DEG • Tel: (0049)-221-4986-591 • E-Mail: rk@deginvest.de

More Related