Private Financing Advisory Network (PFAN)


Name of initiative Private Financing Advisory Network (PFAN)
LPAA initiative No
NAZCA Initiative No
Website address
Related initiatives
Starting year 2006
End year
Secretariat Taiki Kuroda -
Organisational structure Multilateral Public-Private Partnership hosted by the United Nations Industrial Development Organization (UNIDO) and the Renewable Energy and Energy Efficiency Partnership (REEEP) in Vienna, Austria.
Geographical coverage Asia and the Pacific, Latin America and The Caribbean, Africa, Eastern Europe
Name of lead organisation United Nations Industrial Development Organization
Type of lead organisation United Nations or Specialised agency
Location/Nationality of lead organisation Austria


Description The Private Financing Advisory Network (PFAN) identifies promising clean energy projects at an early stage and provides mentoring for development of a business plan, investment pitch, and growth strategy, significantly enhancing the possibility of financial closure.
Objectives PFAN screens business plans, selects the most economically viable and environmentally beneficial projects, and provides  extensive coaching and guidance before projects are presented to investors at Clean Energy Financing Forums hosted across Asia,  Latin America and Africa.
Activities Around 360 clean energy projects have been inducted into the PFAN Project Development Pipeline. These projects employ technologies including biogas, biomass, waste to energy, clean transport, wind, solar, small hydro and energy efficiency solutions. Thus far, 87 projects have achieved financial closure with over US$ 1.2 billion of investment raised. Combined, these projects have the potential to mitigate over 2.6 million tons of CO2e emissions per year and provide over 701 MW of clean generation capacity.
One or two success stories achieved

Monitoring and Impacts

Function of initiative Funding, Implementation
Activity of initiative Financing, Goal setting (ex-ante)
Goal setting (ex-ante) — Mitigation - Renewable energy
Value (MW installed)701
Goal setting (ex-ante) — Total Mitigation
Value (MtCO2e/yr)2,6
Financing — Funds disbursed
Value (MUS$)1200
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting The latest Annual Progress Report, reflecting on our 2019 activities. Over US$232 million was raised by 21 PFAN supported projects and businesses, and 120 new projects in 33 countries around the world received PFAN support.


Participants Number Names
Members 38  
Companies 0
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 28 All-Ukrainian Sustainable Development & Investment Agency (Ukraine),  Aspen Network of Development Entrepreneurs (USA),  China Clean Energy Network (China),  China Renaissance PartnersAsia,  Southeast

Chinese Renewable Energy Industries Association - CREIA (China),  CITIC Securities Co. (China),  Civic Union “Bioenergy Association of Ukraine” (Ukraine) Clean Energy Solutions Center (USA),  Cleantech Group (USA),  Department of Energy of the Philippines (Philippines),  FUNAE – Fundo de Energia (Mozambique),  Hanergy Mobile Energy Holding Group Co. (China),  Independent Research & Advisory Indonesia (Indonesia),  Indian Wind Energy Association - InWEA (India),  Insight Investments Management (Indonesia),  International Technology Transfer Center - ITTC (China),  JPI Group (China),  Private Sector Foundation of Uganda (Uganda),  Rural Electrification Agency (Uganda),  Sarana Multi Infrastruktur Persero (Indonesia),  Sindicatum Carbon Capital India (India),  Solar Energy Society of India (India),  South African National Energy Development Institute (Zambia),  State Agency on Energy Efficiency and Energy Saving of Ukraine (Ukraine),  Sustainable Energy Association of Singapore (Singapore),  TATA Capital (India),  The Indonesian Renewable Energy Society (Indonesia),  Masyarakat Energi Terbarukan Indonesia (Indonesia)

National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 10 Bank Central Asia (Indonesia),  ICICI Bank Limited Asia (Indonesia),  Bank Negara Indonesia (Indonesia),  BAPPENASAsia (Indonesia),  Development Bank of the Philippines (Philippines),  East African Development Bank (Uganda),  Security Bank Corporation (Philippines),  Sumitomo Mitsui Banking Corporation (Japan),  UKRGASBANK (Ukraine),  Veterans Bank (Philippines).
Faith based organisations 0
Other members 0
Supporting partners 6 PFAN operations and activities are funded by: the Australian Department of Foreign Affairs and Trade (Australia),  the Austrian Federal Ministry for Digital - Business and Enterprise (Australia),  Japanese Ministry of Economy - Trade and Industry (Japan),  Norwegian Ministry of Foreign Affairs (Norway),  Government of Sweden (Sweden),  United States Agency for International Development (USA).
Number of members in the years
Have only national states as participators No


Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
Yes No No No Yes No No No No No No No No Yes Yes No No No No No No No
Last update: 13 August 2020 12:08:37

Not only have national states as participators