EmPower Women for Climate Resilient Societies is a project jointly initiated by UN Women and UN Environment, with the support of the Swedish International Development Cooperation Agency.
The project focuses on three countries in Asia: Bangladesh, Vietnam, and Cambodia.
Since 2019, Nexus for Development has been working with the EmPower Project in Cambodia alongside UN Environment Programme (UNEP – the financer) and the Cambodian National Committee for Sub-National Democratic Development Secretariat (NCDDs – co-implementer) to enable women to use renewable energy as economic resources for resilient livelihoods.
– 2 provinces
– 5 livelihood options
– 100 women
A step-by-step approach to identify a sustainable model suitable to all stakeholders.
1. Livelihood options and project sites selection
2. Technical and financial analysis of selected livelihood options
3. Financial literacy training
4. Financing mechanism concept study
A methodology based on stakeholder engagement
To complete the EmPower project successfully, Nexus for Development engaged with private entrepreneurs, such as women-driven SMEs and technical providers, through interviews and site visits, aggregating relevant information for KYC and due diligence procedures.
The project also provided technical assistance through financial literacy trainings designed and coordinated by SHE Investment.
Finally, the financing mechanism designed within EmPower was the focus of an online workshop hosted by Nexus for Development. The goal was to gather Cambodian financial institutions (“FIs”), technical providers, and other industry partners to discuss how to remove barriers to climate-resilient societies where women play an important role. Participants were introduced to the proposed financing mechanism designed to promote easier access to finance for renewable energy and women-driven businesses.