ACMFN Flagship Report Series provides a Snapshot of the Chinese, Indian and Indonesian Cleantech Financing Ecosystem

The ACMFN Flagship Report Series is part of the Asian Cleantech MSME Financing Network (ACMFN) project and was prepared by the project partner adelphi. ACMFN is co-financed by the European Union aiming to build and leverage a cleantech financing eco-system to spark improved access to finance for Asian cleantech enterprises and enhance sustainable consumption and production patterns in Asia. With the ACMFN project coming to a close in 2019, it is the time to take stock. Therefore, the ACMFN Flagship Report Series provides an insight into the current cleantech financing state in the project countries China, India and Indonesia, identifies cleantech financing challenges and opportunities and showcases country-specific successes of the ACMFN project. The insights are useful for all stakeholders working on harnessing the power of financial markets to deliver environmental and societal goals, in particular project donors and financial institutions in China, India and Indonesia looking to understand the contours of a fast-growing cleantech financing ecosystem. 

The ACMFN Flagship Report Series is accompanied by a Case Study Series that provides in-depth insights into interviewed organisations including key project stakeholders and experts from all levels of the ecosystem. Interviewees range from cleantech enterprises participating in ACMFN, intermediaries such as incubators and accelerators and financial institutions including banks, fintechs and venture capital funds amongst others. We would like to express our sincere appreciation to all participating interview partners for kindly giving us a glimpse into their daily activities and operations and the national focal partners China Electronic Energy-Saving Technology Association (CEESTA), the Confederation of Indian Industry (CII), and Indonesia’s Perkumpulan Untuk Peningkatan Usaha Kecil (PUPUK) for their continuous support throughout the process.

The ACMFN Flagship Report Series approves: The groundwork for a strong cleantech financing ecosystem in China, India and Indonesia is laid. Now, it is the time for all stakeholders to jointly continue these efforts beyond the ACMFN project, overcome remaining challenges and take cleantech financing for micro-, small- and medium-enterprises (MSMEs) to the next level.

Explore the ACMFN Flagship Report and Case Study Series and find out more about the cleantech financing ecosystem in China, India and Indonesia here:

CII presents ACMFN project at the 42nd ADFIAP Annual Meeting in Oman

The Confederation of Indian Industry (CII), as ADFIAP’s partner in the EU-Funded SWITCH-Asia Project, the Asian Cleantech MSME Financing Network (ACMFN), was invited as speaker at the 42nd ADFIAP Annual Meeting held on February 20-23, 2019 at the Sheraton Hotel Oman with the theme “DFIs’ Role in National Development.”

Ms. Nisha Jayaran, Senior Counselor of CII – Sohrabji Godrej Green Business Center, discussed the following action plans for the project under the Session on “DFIs and Entrepreneurship Development”: (1) adopting the cluster approach to promote clean technology among MSMEs in Tiruppur, Pune and Hyderabad; (2) organizing investor meetings to match banks and Cleaner Production MSMEs ; and (3) facilitating meetings between Original Equipment Manufacturers (OEM) and banks to develop an innovative model of financing for OEM MSMEs.

The above model, which promotes cleaner production through the use of clean technology with financing support, is envisioned to be replicated in other countries, in pursuance of the sustainability component of the ACMFN project.

For more information, please visit http://www.adfiap.org

ADFIAP conducts ACMFN mid-year project review

The ACMFN project management office (PMO), headed by the ADFIAP Consulting (AC) Group, conducted a mid-year project review and planning workshop on July 23-24, 2018 in Beijing, China, with the attendance of its three (3) National Focal Partners (NFPs) from China, India, and Indonesia at the offices of Chinese partner, the Institute of Environment and Development (IED). The workshop was attended by fourteen (14) NFP project officers, including the staff of IED.

The Asian Cleantech MSME Financing Network (ACMFN) is a four-year project co-financed by the European Union (EU) that aims to build and leverage a cleantech financing eco-system to spark improved access to finance for Asian cleantech enterprises and enhance sustainable consumption and production patterns in Asia. ADFIAP is the lead implementing institution of the project supported by its partner-organizations, Germay-based Adelphi, Indonesia’s Perkumpulan untuk Peningkatan Usaha Kecil (PUPUK), the Confederation of Indian Industry, and China Electronic Energy-saving Technology Association.

The objectives of the 2-day activity were to: (1) assess project achievements as of June 30, 2018 vis-à-vis targets until Year 4; (2) identify catch-up targets and craft a roadmap that would lead towards the attainment of project deliverables; and (3) review financial performance as of June 30, 2018 and discuss indicative budget that would support the implementation by each partner of the catch-up activities to achieve the committed project results by year 2019.

Based on the results of the meeting, the PMO was generally satisfied with the overall performances of the NFPs in terms of achieving their deliverables. Given the numbers and working plans presented, each NFPs and PMO were confident that the project will be able to achieve its current year’s project targets and deliverables.

After the 2-day workshop, the project team conducted a study tour program (STP) of energy service companies’ (ESCOs) operations in China. The STP was specifically requested by the project’s Indian NFP, the Confederation of Indian Industry (CII), to learn and understand the key success factors of ESCOs in China and how some of their industry best practices can be replicated in India. The CII ACMFN project staff was joined by the ACMFN PMO and PUPUK officers.

The key lesson learned was the Chinese government’s policy and creation of an enabling environment as the main drivers for the development, growth and viability of ESCOs in any country. While India has ESCOs, these are not as successful as those in China because they lack the backing and support of their national government. China’s policy on ESCOs, which has attracted the support of international development finance institutions and bilateral organizations, serves as model for replication in other countries.

For more details on the ACMFN project, please visit its website at http://www.acmfn.com/ or email [email protected]

ADFIAP holds ACMFN Cleantech Finance Lab

ADFIAP, in cooperation with its host member-institutions in India and its project partners, held a workshop on “Scaling Cleantech Innovation and Financing” on February 19, 2018 at the ITC Maurya Hotel in New Delhi, India. The event was conducted during the 41st ADFIAP Annual Meeting and was attended by 29 ADFIAP member-delegates.

The workshop is part of the EU-funded SWITCH Asia project, “Asian Cleantech MSME Financing Network” (ACMFN), a 4-year capacity-building programme that ADFIAP implements as a lead partner and which aims to build and leverage a cleantech financing eco-system to spark improved access to finance for Asian cleantech MSMEs. Cleantech refers to products, services and processes that reduce or eliminate negative ecological inputs, improve the productive and responsible use of natural resources, and provide superior performance at lower cost.

The event was opened by ADFIAP Secretary General, Octavio B. Peralta, and was followed by presentations of Corazon D. Conde, ACMFN Senior Project Manager and Group Head of ADFIAP Consulting, on cleantech financing best practices using Philippine case studies, as well as of Mirko Zuerker, Senior Project Manager at adelphi, on the European experience.

Two prototyping exercises then followed and were facilitated by Mr. Zuerker. The prototyping methodology allowed for a structured advancement of best practice instruments and programmes through peer discussion in parallel focus groups.

In Cleantech Finance Lab I, the present challenges in cleantech financing for SMEs and proposed solutions to overcome these challenges were defined and discussed. In Cleantech Finance Lab II, the identified prototype solutions were further developed for scaling up by identifying their innovative characteristics, critical factors for implementation, key partners and resources, and checklist for next actions.

Based on the discussions, there is interest and intent among the attendees to pursue cleantech financing in their areas of operation. There is need, however, to build and leverage an appropriate cleantech financing eco-system to improve access to finance as well as to explore other financing options and risk mitigation instruments in this regard.

For more information on ACMFN, please visit http://www.acmfn.com

ACMFN Annual Meeting in Mumbai

The Annual Meeting of Asian Cleantech Micro Small Medium Entrepreneurs Financial Network (ACMFN) was held in India on 12-14 December 2017. The meeting was attended by Association for Small Enterprise Improvement (PUPUK) represented by Mr. CecepKodirJaelani Executive Director of PUPUK Bandung and Mr. Kristanto Budi Nugroho P,oject Officer ACMFN.  The meeting was attended by all partners of ACMFN  led by ADFIAP, adelphi, and two other national focal points, CII from India and CEESTA from China. 

Strategies for the next year were presented as well as possible collaboration with the partners.

ACMFN Monev conducted by the EU External Auditor

Meeting Monitoring and Evaluation (Monev) of ACMFN was conducted at PUPUK Bandung Office attended by Monev Auditor from EU, Mrs. Pascale Debord from France.   Secretary General of PUPUK Mrs. Early Rahmawati, Director of PUPUK Bandung Mr. Cecep Kodir Jaelani, ACMFN Program Manager Mr. Kristanto Budi Nugroho with Mrs. Rini Sudaryani and followed by the Finance team represented by Mr. Dadi Sumanto and Mrs. Yutin Novian. This Monev event is a series of activities including project visit and was conducted from 18 – 22 September 2017.

Project Assessment & Planning/Budgeting Workshop

ADFIAP together with its project partners, Germany’s Adelphi, the Confederation of Indian Industry (CII), Pupuk of Indonesia and CEESTA and Beijing Eco-Green Advisory (BEGA)/Institute for Environment and Development (IED) conducted its first year 2016 project assessment, planning & budgeting workshop for year 2 last March 20-21, 2017 at Beijing, China. BEGA/IED hosted the meeting and conducted it at an old “futong” or village workplace near the capital city of Beijing (#28 Zhonglao Hutong & Xilao Hutong, Beijing, China).

The 10 participants came from the 3 National Focal Points (NFPs) and ACMFN lead & technical partners — ADFIAP and Adelphi. The meeting was presided by Atty. Alberto B. Reyno, Country Project Manager for ACMFN China.

The 2-day meeting discussed the project accomplishments and financial performance for year 1. On the second day, the NFPs presented their work plans and budget for year 2 to the Project Steering Committee led by Atty. Reyno and Mr. Mirko Zuerker of adelphi.

ACMFN was launched in February 2016 in New Delhi, India and in just one year, the respective NFPs of the 3 target countries were able to successfully establish their presence in their respective communities. Over a period of 6 months, several national awareness-raising activities were conducted by the NFPs and these events attracted well over 1200 cleantech MSMEs to get to know the various activities of the ACMFN. Also, the project was able to conduct as scheduled, the TOT Cleantech Consulting for identified potential project technical and financial advisors at the 3 target countries/NFPs.

For more information on the ACMFN project, please visit its website at www.acmfn.com or email [email protected].

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ACMFN project launched in China

ACMFN ChinaThe China Electronic Energy-Saving Technology Association (CEESTA) and the Institute of Environment and Development (IED) organized the launching of the Asian Cleantech MSME Financing Network (ACMFN) project on March 22, 2016 in Beijing, China. The event was attended by fifty (50) delegates including representatives from the Ministry of Industry and Information Technology (MIIT) of China, SMEs, international organizations, large corporations and various media outfits.

The ACMFN is a four-year project funded by the European Union (EU) Switch Asia Programme. The project’s implementing partner-organizations are Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) as the lead agency, CEESTA & IED of China, Adelphi of Germany, the Confederation of Indian Industry (CII) and PUPUK of Indonesia.

The ACMFN aims to build and leverage a cleantech financing eco-system to spark improved access to finance for Asian cleantech MSMEs in order to enhance sustainable consumption and production patterns in Asia. Cleantech refers to products, services and processes that reduce or eliminate negative ecological inputs, improve the productive and responsible use of natural resources and provide superior performance at lower cost. MSMEs, considered to be the major drivers of worldwide economies, are being tapped to benefit from the project. The ACMFN will fund the capacity-building for about 400 MSMEs in order that they would have better chances to access financing for their projects. Workshops, advisory services and mentoring, among other activities, will be conducted, including national forums for matchmaking process between MSMEs and financial Institutions as well as training manuals and toolkits. Around 200 MSMEs are expected to have improved processes or created innovations within the project timeline.

The Director of IED, Mr. Walter Ge, introduced the ACMFN project during the launching and announced the establishment of ACMFN office as well as the process of implementation of the project in China. Other speakers during the event were representatives from the MIIT, CEESTA, EU and guests from financial institutions.

The ACMFN project comes at a time when China spares no efforts in promoting green production and green financing which will help explore feasible solutions to the cleantech MSMEs traditionally-neglected by financial institutions.

ADFIAP, partners launch EU-funded Asia Cleantech MSME Financing Network project

ObpADFIAP together with its project partners, Germany’s Adelphi, the Confederation of Indian Industry (CII), Pupuk of Indonesia and CEESTA and Green Start Ups of China, launched on February 23, 2016 in New Delhi, India, the 3-country “Asia Cleantech Micro, Small and Medium Enterprises Financing Network” (ACMFN) project funded by the European Union (EU) through its SWITCH Asia Programme. About 60 attendees and stakeholders joined the successful project launch held at the Lalit Hotel in the Indian capital.

Eminent speakers from the EU Delegation to India, CII’s Green Business Centre, the Regional Council on MSMEs, the Integrated Association of Micro, Small & Medium Enterprises of India (I am SME of India) and the Small Industries Development Bank of India (SIDBI) shared their insights on MSMEs and clean technologies.

The ACMFN is a 4-year project which aims to build and leverage a cleantech financing eco-system to spark improved access to finance for Asian cleantech MSMEs in order to enhance sustainable consumption and production patterns in Asia. Cleantech refers to products, services and processes that reduce or eliminate negative ecological inputs, improve the productive and responsible use of natural resources and provide superior performance at lower cost.

MSMEs, considered to be the major drivers of worldwide economies, are being tapped to benefit from the project. The ACMFN will fund the capacity-building for about 400 MSMEs in order that they would have better chances to access financing for their projects. Workshops, advisory services and mentoring, among other activities, will be conducted, including national forums for matchmaking process between MSMEs and financial Institutions as well as training manuals and toolkits. Around 200 MSMEs are expected to have improved processes or created innovations within the project timeline.

For more information on the ACMFN project, please visit its website at www.acmfn.com or email [email protected]