Presented by Samuel Tumiwa, Senior Energy Specialist, Regional and Sustainable Development Department, Asian Development Bank

1. Forum on Sustainable Energy, Good Governance and Electricity Regulation The Need for an Effective Regulatory Regime: The Case for Increasing Clean Energy Investments 18 March 2008 Center for Asia and Globalization Samuel Tumiwa Senior Energy Specialist Regional and Sustainable Development Department

2. Developing Asia’s Share in Global CO 2 Emissions from Energy Consumption 2005 Actual 2030 (Projection) Rest of the World 71% 42% Developing Asia 29% Rest of the World 58%

6. Tech Development ‘Capital & Skills Gap’ Project Development ‘Capital & Skills Gap’ Investment Development Lifecycle Corporate & Compliance Investors Angel Capital Project Development Lifecycle Technology Development Lifecycle Development Construction Commissioning Operation Early-stage Mid-stage Late-stage R&D Commercial Scale Project Development Seed Capital Start-up Financing Proof of Concept Early Stage Technology Development Pilot Plant Financing Funding Source Innovator Entrepreneur Sponsor / Developer R&D Grants Venture Capital Private Equity Corporate Investors Capital Markets Private Equity & Infrastructure Funds Capital Markets Mezzanine Capital Angel Capital 1 Carbon Finance 2

7. Clean Energy Equity Source ―Stage―Return Relationship MoU Development Financing Activities Financial Close Construction Operations Testing & Commissioning Project Phase time Friends & Family Angel Capital Venture Capital Private Equity Institutional Investors Investor Class Return Requirement Ease of Attracting Funds ROI (%)

14. Email: stumiwa@adb.org Web site: www.adb.org /clean-energy For More Information