Energy for Peace: A Blended Finance Model for Renewable Energy in Off-Grid Communities

The Energy for Peace (E4P) initiative was created to address significant challenges in Colombia, including substantial underinvestment, limited income potential, and reduced productive capacity. This learning report seeks to inform development professionals looking to build on the E4P blended finance model for different development activities aimed at mobilizing private sector investment. It details the innovative design process spearheaded by USAID Colombia and highlights the critical factors that contribute to the model's success. This experience demonstrates to energy companies, investors, and donors the transformative effects of leveraging private investment to reach common development goals.