EXECUTIVE SUMMARY

Renewable energy can bring significant benefits to conflict-affected populations, but very little investment is directed to these areas, in large part due to the perceived risks. Energy Peace Partners (EPP) was funded by Creating Hope in Conflict: A Humanitarian Grand Challenge (CHIC) to establish and demonstrate an innovative solution – the Peace Renewable Energy Credit or P-REC. This would include the development of the market for P-RECs, achievement of P-REC sales and investment of the proceeds in energy projects in conflict settings which would bring peace benefits. The model would be capable of attracting new private sector funding into the delivery of basic (renewable) energy services for conflict affected populations or business communities that previously had no or unreliable access to affordable electricity. P-REC sales are used to fund a range of social impact projects including extending energy access, reducing tariffs and community services.

Creating Hope in Conflict: A Humanitarian Grand Challenge contracted Triple Line Consulting to deliver a series of outcome and value for money case studies for a sample of funded innovations. The principle objectives of these case studies are:

• To capture outcomes delivered by the CHIC program and validate CHIC’s contributions that led to these outcomes.

• To support CHIC in delivering value for money case studies by providing the evidence base on the achievement of intermediate outcomes and CHIC’s contribution to these.