Productive Use Financing Facility
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Catalyzing uptake and unlocking private investment for productive use appliances in emerging markets
CLASP and Nithio’s financing facility makes productive use appliances (PUAs) more affordable to consumers and companies in emerging markets. Access to affordable and energy-efficient productive use appliances can increase the demand for energy while accelerating the developmental impacts of electrification by creating jobs, enhancing productivity, and lowering carbon emissions.
Despite their transformative potential, productive use appliance sales are extremely low, and affordability is the biggest barrier to market growth. Unit costs are high and consumer financing for appliances is unaffordable to millions of people.
How it Works
The facility operates across the off-grid, mini-grid, and grid-connected (utility) sectors, initially in Democratic Republic of Congo, Ethiopia, Kenya, Nigeria, Sierra Leone and Uganda. CLASP and Nithio identified six appliance technologies based on their relative maturity and potential to drive development impact – walk-in cold rooms, refrigerators, electric cookers, fans, mills, and solar water pumps.
Facility operations will also generate a foundational data set on appliance market activity and the developmental impacts of appliances, improving our collective knowledge base on appliance performance, national markets, and consumer experience and satisfaction.
Let’s make productive use appliances affordable and accessible
CLASP is partnering with Nithio, with support from the Global Energy Alliance for People and Planet (GEAPP). Read our launch announcement.
To learn more about the program, including the opening and closing dates of procurement subsidy auction windows and how to submit a subsidy request, please check out these resources, with many more to come.
Get Involved
For more information, please contact financing@clasp.ngo and Follow us on Twitter for regular updates on how the facility is benefiting people and our planet.