Analyzing the potential effects of off-grid electrification through different funding and financing models - A case study of the LAMTIB initiative in Singapore.
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The 17 Sustainable development goals for an inclusive and equitable future calls for collaborative efforts to reach them. The objective of this study is to explore the potential LAMTIB has to contribute to their attainment given adequate funding. As such the study first has to assess the potential impact of LAMTIBs operational framework before moving on to analyzing the likelihood of being financed. Through semi-structured interviews with several socially and environmentally focused funding sources and participant observation with the LAMTIB initiative, insights into the process and rules that govern grants and investments are analyzed against LAMTIBs financial needs, projections and plan.The analysis showed a high convergence between DNV-GL and BSDC highlighted opportunities and LAMITB core operations, indicating a high SDG attainment potential. However, for funding to be attainable LAMITB needs to strengthen its organizational capacity as well as condense and simplify its outward communication in order to clearly and convincingly convey its intentions.