Paying for Outcomes: What’s New and What’s Coming?
As the clean cooking industry has evolved, so too have results-based financing (RBF) programs. This session will highlight current and upcoming RBF initiatives in the clean cooking sector and discuss how RBF has changed in the past few years in the context of the Paris Agreement. The panelists will discuss a range of aspects, including: RBF design elements, successes and challenges from RBF programs to date, opportunities under the Paris Agreement and Agenda 2030, and what needs to be done to move beyond monetizing only carbon, and towards paying for outcomes such as gender, health, and disuse (vs. use) of inefficient and polluting cooking options. Panelists will also explore the innovative financing that has emerged to mobilize debt financing on the back of RBF structures. This session will emphasize the unique and distinct role RBF continues to play in catalyzing market development.