Results-Based Financing (RBF) schemes are a powerful tool, enabling governments and development partners to leverage the private sector to achieve development goals. Over the last decade, RBF programmes have been piloted, scaled and diversified within the energy access sector, aimed at reaching the 675 million people who lack access to modern electricity today.
This report leverages data on Results-Based Financing (RBF) programmes in off-grid solar and productive use of renewable energy (PURE) shared by providers with sales and impact data shared by GOGLA affiliates to take stock of the trends and impact of RBFs in energy access and PURE.
While RBFs are not a silver bullet, the data in this report shows that they have been adopted by key development partners as central tools in accelerating energy access and that they have a huge potential in kick-starting or accelerating nascent and emerging markets.
The report has been published in partnership with Lighting Global and Efficiency for Access, and has been made possible thanks to the companies that have shared their data as part of GOGLA’s sales and impact data collection.
Published: November 2023