Capacity Development for Domestic Financiers
To strengthen the supply side of financing and increase local currency investments in renewable energy, GET.invest – supported by the GIZ Financial Systems Development Cluster – launched a new pilot initiative in Mozambique and Rwanda, supporting domestic financiers in developing and offering financial products and assessing renewable energy financing requests. One of the core elements of the activity is demand-driven, one-on-one coaching, allowing financiers to work on real cases and develop tools to assess the potential for renewable energy financing in their client portfolio. Clients may also be referred to the GET.invest Finance Catalyst for further support. The initiative has been met with strong interest from banks and the media. Piloting it in two different markets allows to gather and compare lessons learned for potential future activities.