Results-Based Financing Community of Practice

Calendar » ESMAP BBL | Result-Based Aid in the Energy Sector An Analytical Guide

ESMAP BBL | Result-Based Aid in the Energy Sector An Analytical Guide

Created by Dilshod B. Yusupov
March 2, 2015 | 12:00 AM | 1818 H Street NW, Washington DC 20433 | Room MC10-100

This BBL will present a newly-published report commissioned by ESMAP on the topic of results-based aid (RBA) in the energy sector. It builds on the previously-published report on results-based financing (RBF). This new report considers whether and how to use RBA to support development objectives in the energy sector.

 

Its objective is to explain the circumstances in which RBA may best be used, as well as to provide practical suggestions to recipients, funders and development practitioners on how to design an RBA agreement so as to increase the likelihood of success. Although its primary focus is on the energy sector, and this sector provides the bulk of the contextual examples used in the report, much of the analysis will be relevant to other Global Practices. In its purest form, three features define an RBA approach. These are:

   

    • An agreement between a funder and a national or regional government about payments for pre-defined results (not inputs);
    • An agreement only about a set of results, with few or no stipulations about inputs or methodology, which gives the recipient freedom in how to deliver the results;

 

    • The verification of results by an independent third party, with payments disbursed as soon as possible after results are verified.

 

The key difference between RBA and RBF is the recipient of the funding. RBA refers to a program in which a results agreement is made between a funder and a government, either national or regional. Governments typically have a number of different policy levers available to them to achieve results, but are often not directly responsible for implementing projects that deliver those results. RBF, by contrast, relates to agreements with bodies who do not have this range of policy and regulatory levers, but who are directly responsible
for the implementation of projects and activities.

 

Chair | Oliver Knight, Sr. Energy Specialist, Energy Sector Management Assistance Program (ESMAP), Energy & Extractives GP

Speakers| John Ward and David Goll, Vivid Economics, Report Authors

Commentary | William Savedoff, Center for Global Development

 

Add to Outlook Calendar | External Registration, contact: Marjorie K. Araya| 202-473-9621 | maraya@worldbank.org

 

Enter the WebEx room here and select an audio connection. Dial-up is recommended using one of the local access numbers. Meeting password: ESMAP99 and Meeting number: 733 187 780

  • Energy