Foremost imperative element of the project is to build the capacity of Financial Institutions (FI) to undertake financial risk assessment of HPC projects so that these can be mainstreamed into their lending portfolio. Financial Institutions are fundamental to the success of this project so the project is seeking to increase the level of trust and understanding amongst project financiers in regards to the financial and environmental benefits of the HPC technology. For that purpose, an assessment of the Pakistan sugar sector’s access to finance to fund the development of high pressure cogeneration (HPC) facilities is being undertaken by project’s International Financial Expert with many national and International FIs.
The scope of the meetings was as follows:
- Understand the FI’s current lending profile within Pakistan in general, but within the sugar sector in particular.
- Understand the FI’s current lending profile to the sugar sector for low/high pressure cogeneration projects.
- Ascertain, what is the gap in information required by FI to make an informed lending decision to the sugar sector for HPC technology projects.
- Document the key requirements of FI to effectively assess the risk profile of the sugar sector HPC technology projects.
In this regard, following meetings have been taking place:
