India

Arc is testing, piloting and expanding a number of business models that are focused on financing for sustainable energy including microfinance, remittances, asset finance, crowd-funding and pay as you go mechanisms. The end goal of REMMP is to increase access to finance for end-users of clean energy services so as to improve livelihoods and quality of life among these target recipients.
For full details on REMMP project, click here

Arc Finance is providing TA support under The Partnership to Advance Clean Energy – Deployment Technical Assistance (PACE-D TA) Program, a five- year bilateral program with the objective to accelerate India’s transition to a high performing, low emission, and energy secure economy.

Arc published and disseminated in depth research on new financial products that MFIs are developing to blend financing with energy and water around the world. The creation of these financial products - including lending, savings, remittances and leasing products - resulted in new alliances between MFIs and other entities such as energy and water enterprises to provide livelihood enhancement products to the poor.