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.