EcoBusiness For Project Management involvement in this mandate consisted in providing support for activities executions and completion of the following scope of work:

1.        Market opportunities and segmentation:

‒         Energy and water efficiency opportunities in industrial, agriculture, commercial and residential sectors

‒         Current status and trends of energy and water consumption in these sectors, benchmarking against Middle East and North Africa ("MENA") region and/or other regions if possible;

‒         Sources of energy & water supplies to these sectors;

‒         Energy and water tariff status and trends;

‒         Overall status of energy/water equipment & technology in use by these sectors;

‒         Opportunities for energy and water efficiency improvements in these sectors: % of possible improvements, typical investments with typical payback periods and internal rate of return ("IRR") ranges in each sector;

‒         Market size estimation: Technical potential market, economically viable potential market, ready-to invest market (over the next 3 years);

‒         Ranking of sectors/sub-sectors (from Low to High) based on:

‒           economic viability of EE and water efficiency options;

‒           technology availability; and

‒           end-user readiness (willingness to borrow).

2.       Technical capabilities in the market for energy and water efficiency

‒         Leading auditors/engineering consulting firms that can serve the identified sectors (brief profiles with contacts and their project examples if available);

‒         Leading ESCOs operating in the country/region (brief profiles with contacts and their project examples if available);

‒         Leading vendors operating in the country/region (brief profiles with contacts and their equipment supplies);

‒         Technical capacity and financial capacity of these auditors, ESCOs, vendors.

3.       Suitability of framework conditions

‒         A general description of components required for a systematic approach to create demand for EE and

‒         RE projects in accordance to policy, regulatory, legal and institutional framework;

‒         A review of international best practices to become reference for suitable local application or local market adaptation.

4.       Identification of major market barriers.

‒         Major reasons, perceived or real, that prevent, or may prevent, implementation or financing of EE and/or RE projects (i.e., identify which components in market development are missing and for what reasons);

‒         Appropriate actions will be recommended to bridge the gap and overcome identified bottlenecks

‒         Suitable criteria will be defined which will be pre-conditions for engaging financing of EE and RE projects within the FI markets (including commercial banks, leasing companies and MFIs) in Egypt.

5.       Other programs in the markets

‒         Any current government/donor T A programs supporting EE and/or water efficiency in the market (Brief description, Contacts, Lessons learnt from them if available);

‒         Any financing schemes for EE and water efficiency in the market (either from commercial banks, donors, or government) - (Brief description, Contacts, Lessons learnt from them if available).

6.      Financial sector's readiness

‒         FIs' attitude toward sustainable energy financing/climate financing, and their willingness to test various segments of SEF market;

‒         Leading lenders (commercial banks, leasing companies, microfinance institutions) in the market that could be interested in SEF business, and should be targeted by IFC SEF program;

‒         Prioritized support needed for these FIs to enter SEF business.