The case of decentralised solar PV and electric vehicles lending in Pakistan
The global shift towards sustainable transportation and clean energy sources has sparked increased interest in electric vehicles (EVs) and renewable energy solutions. As countries strive to curb greenhouse gas emissions and combat climate change, green lending schemes and concessional renewable energy financing facilities have gained traction in promoting renewable energy deployment worldwide.
In this context, Agora Energiewende and the Policy Research Institute for Equitable Development (PRIED) have collaborated on a study to examine tailored financing facilities aimed at boosting the expansion of distributed solar photovoltaics (DSPV) and EVs in Pakistan. Our findings reveal that green lending is still in its infancy, with only a small fraction of banks currently providing financing for EVs and DSPV systems. This limitation arises from regulatory constraints that govern green lending facilities. This is compounded by banks' perceived concerns about high default risk and low profitability associated with renewable energy technology, for example, which also hinder broader initiatives. Moreover, these perceived risks by financial institutions lead to the securitization of loans, further undermining the equitable distribution of green loans.
By identifying key shortcomings in current lending facilities and proposing improvements, our goal is to drive the adoption of sustainable energy systems not only in Pakistan but also in other similar regional countries. We invite you to join us for a webinar where we will unveil the results of our analysis and engage in discussions with key stakeholders from Pakistan.
The event lasts one and a half hours and includes a Q&A session.
Slides shown during the event will be made available afterwards.
The webinar will be recorded and made available for those unable to join live.
We look forward to your participation and an interesting discussion!
Facilitating green loans for a sustainable energy transition in Pakistan
Agora Online Event
Register for this event
Participation in this Agora event is free of charge. You can register for online participation via zoom.
If you experience problems registering, please send an e-mail to events(at)agora-energiewende(dot)de. We look forward to your participation.