Past market failures to deliver clean cooking and heating solutions, especially to low-income households, suggest the continued need for subsidies if universal access is to be achieved. To succeed, however, subsidies must be well-targeted, have low potential for “leakage,” and be calibrated to avoid destroying commercial incentives and discipline. Results-based financing, which disburses public resources against demonstrated results, can be used to...
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2015/06/01
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Informativo
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97846
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1
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1
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2015/06/29
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Disclosed
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Results-based financing to promote clean stoves : initial lessons from pilots in China and Indonesia
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international year
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