Vidéo des finalistes

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Results for Development Institute (R4D), Corporación Andina de Fomento (CAF) www.resultsfordevelopment.org Country of implementation: 100+ Developing World Nations Affinity MacroFinance (AM) will finance health, education, SMEs, micro lending, insurance, infrastructure and other development activities by providing AAA guarantees to bond investors in 80 emerging world capital markets. It will also serve poorer countries without local bond markets by structuring guaranteed international financings. Owned by a community of Development Finance Institutions, foundations, and local development agencies, AM will tap the nearly $1 trillion in emerging world pension funds, providing low-cost, fixed-rate, long-term, local currency funding for development. Doing so will help emerging nations become increasingly financially self-sufficient in their development activities.

Redsol (Réseau solidaire de microassurances rurales) & Acting for Life Country of implementation: Mexico RedSol offers microinsurance products to poor families in rural areas which are adapted to their needs. The objective is to reduce their vulnerability. Redsol has created an innovative model that mobilizes capital and know-how from a major private insurance company, and distributes through a big network of rural organisations close to the beneficiaries. More than 97,000 micro life insurance policies have been written since end of 2005. Our challenge is to transform this successful experiment into a scaled-up sustainable social enterprise that develops new products and financial education.

Asian Development Bank and Clifford Chance (Thailand) Ltd. www.adb.org Country of implementation: Lao PDR and Thailand This cross-border bond project aims to facilitate Lao PDR's debut in offshore market in order to access an alternative funding source, by issuing Thai Baht denominated asset-backed securities in Thailand. The bond will be secured by the future royalty fee receivables which will be earned based on the electricity produced by existing hydropower dams in Lao PDR that sell electricity to Thailand. If structured properly, Lao PDR can benefit from attractive terms which are incomparable to those of traditional commercial borrowing. The bond proceeds will be utilized to finance infrastructure projects to achieve Lao PDR's economic development and poverty reduction.

Nexus, GERES www.geres.eu www.nexus-c4d.org Country of implementation: South East Asia Nexus, Carbon For Development is an alliance of pro poor project developers whose vision is to use the carbon market to combat climate change and alleviate poverty in a sustainable manner. Low cost clean technologies contribute to both alleviating poverty and mitigating climate change.However they lack appropriate funding mechanism for scaling up and mass dissemination. Current carbon market practices result in poor deals for social project developers, high transaction costs, inequitable risks and liabilities. Nexus is the answer from development practitioners to these challenges. As a member-based not for profit cooperative, Nexus proposes a new vertically integrated approach to carbon finance. Our solution is based on three components: access long term affordable financing, leverage traditional finance by reducing risk and costs, structure the sell side of the market in a fair trade way.

IIEC (International Institute for Energy Conservation) www.iiec.org Country of implementation : India EcoTRA attempts to finance energy efficiency retrofits in existing residential buildings. EcoTRA proposes to establish trust and retention (escrow) accounts to finance climate-friendly interventions in common areas of co-operative housing societies. The escrow mechanism will reduce the risk of lending, giving banks access to a large number of new clients. Co-operative housing societies will have increased access to finance and lower utility bills; energy efficiency service providers will receive additional business, and large-scale implementation will lead to lower green house gas emissions. The model will be tested in Thane city (pop. 1.2 million, Mumbai Metropolitan Region).

Ekgaon Technologies and Nirdhan Utthan Bank www.ekgaon.com Country of implementation: Nepal and India Ekgaon Technologies and Nirdhan Utthan Bank are building a mobile remittance authentication system to facilitate small-scale remittance transfers for workers in South-South migration corridors. Remittances are transferred and saved in investment vehicles in receiving countries and smoothen otherwise unpredictable income streams. Using mobile technology remittance, service providers can access new customers in areas where operating margins are small and ensure more security than physical cash transfers. Mobile-based remittance services may change the landscape of remittance provision and enable a new segment of wage earners to access formal financial services.

SNV www.snvworld.org Country of implementation: Nepal Linking Carbon Finance and Microfinance to accelerate access to renewable energy technologies in Nepal, Pay it Forward utilises future capital from the country’s emerging carbon trading market as collateral for new renewable energy lending. This initiative aligns players from across the lending spectrum—multilaterals, commercial banks, carbon brokers, Micro Finance Institutions—thus spreading risk and reward and, critically, motivating local lending. Working on a revolving basis, the carbon revenues realised through Pay it Forward will be channelled back into the programme for future Renewable energy technologies lending, thereby returning liquidity into the system and ensuring its sustainability.

UC Development Services www.yousee.in Country of implementation: India UC brings a post-pay and result-based approach to development finance in the areas of Education, Health and Energy & Environmental services for the poor. We first apply our own funds to provide services to beneficiaries. Results which are measured and visible from such investments are then made available as “Certificates”, which donors and financers can buy “off the shelf”. Thus development funding becomes the purchase of a completed project or project phase. Funding would then be based on claiming actual outcomes rather than expected outcomes. By reducing the risk of opportunity cost for social returns, the post-pay model aims to attract more individual and institutional donors and funders, to create a larger and efficient market for philanthropy and development finance.

The Wildlife Conservation Society (WCS) and EcoTrust Uganda www.wcs.org Country of implementation: Uganda Poverty reduction requires effective management and protection of ecosystems which provide food, water, and other goods and services. WCS and Ecotrust Uganda propose the creation and capitalization of a carbon bank that will purchase carbon from small-holder farmers who plant trees for food, fodder, and fuel wood. The bank will make partial up-front payments and sell the aggregated sequestered carbon on the voluntary market to generate sustainable income, recapitalize itself and expand farmer participation. It will offer a highly replicable and scalable model for improving livelihoods and ecosystem services through smallholder farmer participation in the carbon markets.