Since SREP was launched in December 2009, six countries have been selected as pilots. The MDBs are looking forward to organizing joint programming missions to consult governments on the design of country programs for SREP financing, once the SREP programming and funding guidance is approved.

The governments and MDBs will also engage with UN agencies and other development partners, the private sector, civil society (including indigenous people and local communities), and other stakeholders on how SREP can help enhance renewable energy investments. Among the insights highlighted in the design and programming phase:

• To achieve the large-scale deployment of renewable energy technologies, SREP must leverage cofinancing and “crowd-in” activities of the private sector and other development partners as part of a common programming approach.

• Identifying successful renewable energy development and implementation models can help expand national capacity to design programs for SREP financing.

• Positive incentive structures and innovative financial instruments can facilitate private sector involvement.

• Financial intermediaries can serve as a tool to manage and leverage resources.

• SREP programs are strengthened if they build on existing climate change and energy access initiatives within the pilot countries and encourage collaborations with other development partners.

• Involving local communities and indigenous peoples, as well as empowering women and increasing community services, are vital to the success of SREP programs.