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2021 PROSPER.NET LEADERSHIP
PROGRAM
24.09.2021
(GROUP B)
Source: Fiji NDC Implementation Roadmap 2017-2030; World Bank Data, 2021
Fact: 160 bridges were destroyed by TCWinston in 2016 causing aloss of$44 million (Reuters, 2016)
Repeated Hurricanes destroy local bridges in Fiji
DAMAGE TO
CRITICAL
INFRASTRUCTURE
LOSSOF
COMMUNICATION
LOSSOF ACCESSTO
EDUCATION
LOSSOF LIVELIHOOD
Therewasafloodcaused byahigh intensity hurricane.
1 WHY did the bridge
break?
Itwasbuiltusingregularconstruction materials.
2 WHY was the bridge not resilient to flood?
Theconstruction workersdoes notknow aboutclimate risksordisaster-resilience.
3
Therewasnoclimatechangeandsustainability curriculum intheschool ortechnical training.
4 WHY did the construction workers not know about climate
change?
1
2
3 WHY did we not use disaster-resilient materials?
Lack of Green
Jobs
Low Participation of Rural
Manpower to Development
Projects
Low Public/Private
Investment
Inadequate Green
Education/Training
Disaster-Vulnerable Critical
Infrastructure
Limited Technical Expertise
Locally
Unsustainable Environmental
Solutions
No Food/Basic
Necessities
Disrupted
Education
Loss of Livelihood
Source
Sustained Climate
Change Vulnerability
Lack of Interest, Capacity
and/or Confidence to
Protect the Environment
Lag in Achievement of
Sustainable
Development
1 WHAT would help you fight such disasters?
A Big YES!
2 WILL you be interested in climate change capacity building trainings?
1
Knowledgeofclimateresilience andwaystotackle disaster.
This Photo by Unknown Author is licensed under CC BY
Outcome: Change in
behavior or attitude
of target beneficiary
group
Outputs: Immediate
results of the
activities
Activities: Steps that
will be done.
Impact: Wider than
the direct target
beneficiary group
Buildanintegrated capacitybuilding programfor community& practitioners
Developamarket-basedmodel toattractprivate
sectorinvestment
inrenewableenergyprojects
Capacity building programon
climatechangeandsustainability
ClimateChange
Education Program
Portable
Bridge
Builda temporary,portable& reusable bridgethrough
communityparticipation
Renewable
Energy
Investment
Classroom modules,
Onlinemodules,
RadioTransmission
Solar Home
System Project:
Youths
Portablebridge
construction:
Workingadults
25% increase in workers in green jobs
capacity after 1st year and 80% by2025
100% renewable energy rural
electrification by 2030
RapidRelief Services toprovideration
tohouseholds within 2 weeks after
disaster
Quarterly monitoring bylocal
authorities and Annual audits by
ManagingEntities
Portable, Reusable and
Lightweight bridge for emergency
relief introduced.
Thecommunitywill beable to construct
the bridge for the use of emergencyrelief
Design requirements
Span length : 20m ; Width: 3m; a live load : 5
tons (for transportation of rescue goods
Climate Finance
GrantFunding DebtFinancing EquityInvestment
MICROLOAN
REPAYMENT
START UP COSTS
• Technical assistant
• Monitoring climate change
• Overheads
MICROLOAN FOR
SOLAR HOME
SYSTEMS
GRANT AGENCY
PROJECT
DEVELOPERS
RURAL HOUSEHOLD
LOCAL GOVERNMENT
BODIES
$
$
Credits
CATALYTIC ACTIVITIES TO ENABLE
CLEAN ENERGY FINANCE
• Capacity building
• Education and marketing
• After sale service
• Distribution
• Reduction in principle and
interest Credits
1:4 GRANT FUNDING to INVESTMENT
RATIO
Catalytic support to capacity building
program & create green jobs
Sells emission reductions:
• Certified
• Verified by auditors
Project Developer
(PD)*
Provide solar home systems (SHS) at
affordable, reduced cost
Benefactors share the
rights to carbon
CO2 Title Transfer
$
$
SHS Products
Product
Benefactors
Private
Investors
Certified Emission reductions
Green bonds will raise the finance to
support the SHS program
* The Project Developer in this case exercises the same functions as a Managing Entity defined by UNFCCC
** Green bonds are verified by a third party such as the Climate Bond Standard Board, and have tax-exemption benefits
Green Bonds**
Exchange
Market
Private
Investors
Catalytic support to the
Local govt/ SHGs
Monitoring, reporting &
verification (MRV) of SHS
impact
Transfers emission reductions:
• Certified
• Verified by auditors
• Validated
Project Developer
(PD)1
Provide solar home systems
at affordable, reduced cost
Benefactors share the
rights to carbon
CO2 Title Transfer
$ $
SHS Products
Product
Benefactors
Exchange
Market
Certified Emission
reductions
Carbon Credit Purchasers
Support capacity program
1 Note: The Project Developer in this case exercises the same functions as a Managing Entity defined by UNFCCC
Certified Emission
reductions
• Professionalcopywriterand campaign
plannerworking for10 yearsat ad
agencyin Tokyo, Japan.
• Working with clients
• Winnerof manyJapaneseand
internationaladvertisingawards.
SanaKawasaki
Marketing& Creativity
Gelie EEsteban
Legal & Policy
• Over 6 yearsof in-depthexperienceas
a humanrights lawyerandsocialjustice
advocate.
• Co-founderof AdtosaSidlakan
focusingonsustainableurbanization
andenvironmentally-sound,affordable
housing.
Yusrin FaizAbdWahab
Engineering& Sustainability
• 6 yearsworking experiencefocusingon
sustainableconstruction
• Involvedin developingthe Malaysia’s
NationalConstructionPolicy2030
• 4th semesterof PhDstudyin Civil
Engineering
PrantikMitra
Strategy& Finance
• 5 yearsof experiencein Climate
ChangeandCleanEnergy finance
• Specialistindatascience,modelling
andfinancialanalysis
• YoungestDirector/ Headof Division
(MicroEnergyCredits)at the age of 28
• TropicalFreshwaterEcologistwith
soundexperiencein indigenous
community engagementand
empowerment
• 4th SemesterPhDstudent
Bindiya Rashni
Ecosystem& Community
THANK YOU
Project typology
InvestmentinSolarHomeSystemsforruralelectrificationinFiji
Project benefits
 GHG savingsof 9,986tCO2 per yearor249,600tCO2 over 25years;
 Promotesuseof solarhome systemsforruralelectrification
 Attractsinvestmentin rural areasandsupportscreationof green jobs
 50%of the profitfrom saleof tradablecarboncreditsis reinvestedinthe ClimateChangeCapacity
Buildingprogram, i.e., $ 30,000 peryear
POLICYRECOMMENDATIONS
Aimed at improving privateinvestment,the projectrecommends:
 Exemptionof tax or dutiesonsolarproductsand projects
 Introductionof accelerateddepreciationat80% forthefirst 5 yearsand40% thereafterupto 20 years
 Exemptionof taxesonprojectsetupcostsby start-ups
 Reducedinterestonloansforsolarhome systems
Summaryof financing model
Projecttimeline
Items Amount
Total installedcapacity(DC)per1,000 households 1,000 kW
AnnualACelectricitygeneration@19% CUF 1,664,400 kWh
AnnualProductionDegradation 0.5%
TotalProjectCost@$4.20 perWattdc $4,200,000
AnnualEmissionreduction@6 kgCO2perkWh 9,986.40 tCO2e
Market priceofCERs(pertonnesCO2ereduced) $7.80– 8.30
Annualprofitafter50% re-investment $29,959
Investmentandimplementation 1 year
Projectusefullife 25 years
Total 26 years

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Climate Change Capacity Building & Education Program in Fiji

  • 2. Source: Fiji NDC Implementation Roadmap 2017-2030; World Bank Data, 2021
  • 3. Fact: 160 bridges were destroyed by TCWinston in 2016 causing aloss of$44 million (Reuters, 2016) Repeated Hurricanes destroy local bridges in Fiji
  • 5. Therewasafloodcaused byahigh intensity hurricane. 1 WHY did the bridge break? Itwasbuiltusingregularconstruction materials. 2 WHY was the bridge not resilient to flood? Theconstruction workersdoes notknow aboutclimate risksordisaster-resilience. 3 Therewasnoclimatechangeandsustainability curriculum intheschool ortechnical training. 4 WHY did the construction workers not know about climate change? 1 2 3 WHY did we not use disaster-resilient materials?
  • 6. Lack of Green Jobs Low Participation of Rural Manpower to Development Projects Low Public/Private Investment Inadequate Green Education/Training Disaster-Vulnerable Critical Infrastructure Limited Technical Expertise Locally Unsustainable Environmental Solutions No Food/Basic Necessities Disrupted Education Loss of Livelihood Source Sustained Climate Change Vulnerability Lack of Interest, Capacity and/or Confidence to Protect the Environment Lag in Achievement of Sustainable Development
  • 7. 1 WHAT would help you fight such disasters? A Big YES! 2 WILL you be interested in climate change capacity building trainings? 1 Knowledgeofclimateresilience andwaystotackle disaster.
  • 8.
  • 9. This Photo by Unknown Author is licensed under CC BY Outcome: Change in behavior or attitude of target beneficiary group Outputs: Immediate results of the activities Activities: Steps that will be done. Impact: Wider than the direct target beneficiary group
  • 10. Buildanintegrated capacitybuilding programfor community& practitioners Developamarket-basedmodel toattractprivate sectorinvestment inrenewableenergyprojects Capacity building programon climatechangeandsustainability ClimateChange Education Program Portable Bridge Builda temporary,portable& reusable bridgethrough communityparticipation Renewable Energy Investment
  • 11. Classroom modules, Onlinemodules, RadioTransmission Solar Home System Project: Youths Portablebridge construction: Workingadults
  • 12. 25% increase in workers in green jobs capacity after 1st year and 80% by2025 100% renewable energy rural electrification by 2030 RapidRelief Services toprovideration tohouseholds within 2 weeks after disaster Quarterly monitoring bylocal authorities and Annual audits by ManagingEntities
  • 13. Portable, Reusable and Lightweight bridge for emergency relief introduced. Thecommunitywill beable to construct the bridge for the use of emergencyrelief Design requirements Span length : 20m ; Width: 3m; a live load : 5 tons (for transportation of rescue goods
  • 14.
  • 16. MICROLOAN REPAYMENT START UP COSTS • Technical assistant • Monitoring climate change • Overheads MICROLOAN FOR SOLAR HOME SYSTEMS GRANT AGENCY PROJECT DEVELOPERS RURAL HOUSEHOLD LOCAL GOVERNMENT BODIES $ $ Credits CATALYTIC ACTIVITIES TO ENABLE CLEAN ENERGY FINANCE • Capacity building • Education and marketing • After sale service • Distribution • Reduction in principle and interest Credits 1:4 GRANT FUNDING to INVESTMENT RATIO
  • 17. Catalytic support to capacity building program & create green jobs Sells emission reductions: • Certified • Verified by auditors Project Developer (PD)* Provide solar home systems (SHS) at affordable, reduced cost Benefactors share the rights to carbon CO2 Title Transfer $ $ SHS Products Product Benefactors Private Investors Certified Emission reductions Green bonds will raise the finance to support the SHS program * The Project Developer in this case exercises the same functions as a Managing Entity defined by UNFCCC ** Green bonds are verified by a third party such as the Climate Bond Standard Board, and have tax-exemption benefits Green Bonds** Exchange Market
  • 18. Private Investors Catalytic support to the Local govt/ SHGs Monitoring, reporting & verification (MRV) of SHS impact Transfers emission reductions: • Certified • Verified by auditors • Validated Project Developer (PD)1 Provide solar home systems at affordable, reduced cost Benefactors share the rights to carbon CO2 Title Transfer $ $ SHS Products Product Benefactors Exchange Market Certified Emission reductions Carbon Credit Purchasers Support capacity program 1 Note: The Project Developer in this case exercises the same functions as a Managing Entity defined by UNFCCC Certified Emission reductions
  • 19.
  • 20. • Professionalcopywriterand campaign plannerworking for10 yearsat ad agencyin Tokyo, Japan. • Working with clients • Winnerof manyJapaneseand internationaladvertisingawards. SanaKawasaki Marketing& Creativity Gelie EEsteban Legal & Policy • Over 6 yearsof in-depthexperienceas a humanrights lawyerandsocialjustice advocate. • Co-founderof AdtosaSidlakan focusingonsustainableurbanization andenvironmentally-sound,affordable housing. Yusrin FaizAbdWahab Engineering& Sustainability • 6 yearsworking experiencefocusingon sustainableconstruction • Involvedin developingthe Malaysia’s NationalConstructionPolicy2030 • 4th semesterof PhDstudyin Civil Engineering PrantikMitra Strategy& Finance • 5 yearsof experiencein Climate ChangeandCleanEnergy finance • Specialistindatascience,modelling andfinancialanalysis • YoungestDirector/ Headof Division (MicroEnergyCredits)at the age of 28 • TropicalFreshwaterEcologistwith soundexperiencein indigenous community engagementand empowerment • 4th SemesterPhDstudent Bindiya Rashni Ecosystem& Community
  • 22. Project typology InvestmentinSolarHomeSystemsforruralelectrificationinFiji Project benefits  GHG savingsof 9,986tCO2 per yearor249,600tCO2 over 25years;  Promotesuseof solarhome systemsforruralelectrification  Attractsinvestmentin rural areasandsupportscreationof green jobs  50%of the profitfrom saleof tradablecarboncreditsis reinvestedinthe ClimateChangeCapacity Buildingprogram, i.e., $ 30,000 peryear POLICYRECOMMENDATIONS Aimed at improving privateinvestment,the projectrecommends:  Exemptionof tax or dutiesonsolarproductsand projects  Introductionof accelerateddepreciationat80% forthefirst 5 yearsand40% thereafterupto 20 years  Exemptionof taxesonprojectsetupcostsby start-ups  Reducedinterestonloansforsolarhome systems Summaryof financing model Projecttimeline Items Amount Total installedcapacity(DC)per1,000 households 1,000 kW AnnualACelectricitygeneration@19% CUF 1,664,400 kWh AnnualProductionDegradation 0.5% TotalProjectCost@$4.20 perWattdc $4,200,000 AnnualEmissionreduction@6 kgCO2perkWh 9,986.40 tCO2e Market priceofCERs(pertonnesCO2ereduced) $7.80– 8.30 Annualprofitafter50% re-investment $29,959 Investmentandimplementation 1 year Projectusefullife 25 years Total 26 years

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