World Bank InfoDev Update

“Clean, Green and Mobile: Making Technology

Work for the Poor”

June 9, 2010

www.EandCo.net

Clean Energy

A World With, A World Without

1.8 billion

Estimated number of

Internet users

world-wideWSJ June 2010

1.6 billion

Estimated number of

people lacking access to

electricityIEA 2008

E+Co

• Mission: To positively impact climate change and reduce poverty through investment in small and growing clean energy enterprises

• Investments in more than 200 enterprises in 21 developing countries, Africa, Asia and Latin America

• 8 offices, 75% staff field based

• “Market-based and Entrepreneur–centric”

Why Clean Energy?

Tackling the ProblemFilling a Market Gap

Why This Model?

�Entrepreneur = best to assess local market

opportunities

�Small/Growing Businesses = key drivers to

economic growth

� Customer driven, not donor driven

� Satisfy customer needs = Economic Growth

E+Co Triple Bottom Line Returns

Social Environmental Financial

Access to Clean Energy6.2M

Carbon Dioxide Reduced4.6M tons

Capital Invested$40M

Entrepreneurs Trained> 1,000

Firewood/Charcoal Displaced

1.1M tons

Capital Mobilized$253M

Income Generated$7M

Decreased Oil Consumption

910,000 barrels

Portfolio Return8.7%*

Cumulative 1998-2000

*After write-offs and before operating expenses

Technology for the BOP

• E+Co is “Technology

Neutral”

– Enterprises provide

products that are

available, affordable and

appropriate

– Find innovative solutions

for their markets

• Solar lanterns with cell-

phone chargers

Zara Solar, Tanzania

Entrepreneur: Mohammed Parpia

In 2006, E+Co provided a

$200,000 loan to Mohammed

Parpia to launch Zara Solar.

Mwanza, Tanzania has a very

low 5.9% electrification rate

with no plans for national grid

extension. Zara Solar now

serves over 20,000 households

in six regions.

Toyola Energy Ltd., Ghana

Entrepreneurs: Suraj Wahab, Ernest Kyei

• Energy Efficient Cook Stove

Manufacturer/Distributor

– Use charcoal that is 40% more

energy efficient

– Stoves made of scrap metal

– “Evangelists” as sales agents

– Now selling lanterns to replace

kerosene

– Carbon offset monetization

returning monies back to region

E+Co and Technology

Carbon Finance• Projecting completion of Gold Standard

Verification process by 2nd Quarter 2010

– 2nd and 3rd cook stove projects to receive Gold Standard

• Focus on energy efficient cook stoves

– Toyola Ghana

– Katene Mali

• Goldman Sachs to monetize carbon offsets

– Cook stove manufacturers to receive share

• E+Co work profiled in Newsweek article December 2009

E+Co and Technology

Mobile Sales Tracking

Training Toyola staff on how to

record sales using SMS

Toyola web-based project

database:

- End user contact info

- Stove serial numbers

(avoid double counting)

- Toyola stock data (supply

chain management)

Toyola

Management

E+Co

Staff

Carbon Finance

Auditors

100s of salesman

nationwide

Point of Sale:

user name, location, mobile #

Example Record StructureData Source Information Recorded

SMS (Text

Messges)

Electronic Forms

Follow-up Monitoring:

kitchen surveys, performance

tests, health questionnaires

Multiple records possible per

stove

SensorsIn-situ Performance:

stove use, personal exposure

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E+Co and Technology

Invisible Schoolhouse

Online Distance Learning

• Energy.invisibleschoolhouse.net

• Draws on materials on USAID

Energy Wikispace

– Energyaccess.wikispaces.com

• Facilitates learning at user’s pace

• Multiple “classrooms”

– Energy Enterprise, Climate Change,

Solar PV, Carbon Finance

• Will include long-distance

mentoring

• Start online, move to mobile

learning

• Log in as guest/password:

entrepreneur2010

E+Co

The Way Forward

• Business Plan under

development to

establish For-Profit

Funds to aggregate

capital

• Invest $80-$100 million

by 2014

• ~8-10 million

additional people

served

• 10 million tons of

carbon offset annually

Thank you

Anne Murray

Senior Development

Officer

E+Co

www.EandCo.net