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M. Tumusiime
innovated in the uptake of their stock in the last mile in Uganda, even
going a step ahead to reach refugee settlements.
Affordability is affected by counterfeits and substandard cleantech
products rampant on the market, and this is seen in both rural and urban
settings. These products are cheaper and a replica of the genuine products which leaves unknowing buyers unaware of their quality or standard
status leading to unfair competition. This is contrary to the genuine
products which are still on the market but expensive (Daily Monitor
2018). The government has the policy power to rule out fakes by empowering its standardizing body, the Uganda National Bureau of Standard
which has of May 2019 acquired higher grader battery and panel testing
equipment (UNBS Uganda 2019).
End-user affordability also comes in the form of subsidies accorded
to manufacturers or product companies. This methodology supports
governments and development partners that wish to mobilize private
finance for climate-compatible development. An example is a pricesubsidy model where the agency covers a certain percentage of the cost
of the product leaving the other percentage, usually around 40–50% to
the consumer. This has happened for improved cookstoves, and while it
might create a market distortion for companies that are not a part of the
financing programme, it still leads to the high uptake of the products
(World Bank 2020). To achieve more mobilized private finance, there
needs to be harmonized mindfulness on how to collect more data from
the base of the pyramid since developmental metrics often leave out this
group. In this regard, the same principle could be applied in other vital
fields like health access and agriculture. Disaggregated data reveals deprivations and inequalities that may not be fully reflected in aggregated
data.
9.3.8 Avoiding Market Distortion
Market distortion presents its own set of challenges to the local economy
(firewood vendors) but especially for those companies that are left
out of the private finance. It would, therefore, be of importance for
grant-funded subsidy programmes to issue out cleantech to territories
M. Tumusiime
innovated in the uptake of their stock in the last mile in Uganda, even
going a step ahead to reach refugee settlements.
Affordability is affected by counterfeits and substandard cleantech
products rampant on the market, and this is seen in both rural and urban
settings. These products are cheaper and a replica of the genuine products which leaves unknowing buyers unaware of their quality or standard
status leading to unfair competition. This is contrary to the genuine
products which are still on the market but expensive (Daily Monitor
2018). The government has the policy power to rule out fakes by empowering its standardizing body, the Uganda National Bureau of Standard
which has of May 2019 acquired higher grader battery and panel testing
equipment (UNBS Uganda 2019).
End-user affordability also comes in the form of subsidies accorded
to manufacturers or product companies. This methodology supports
governments and development partners that wish to mobilize private
finance for climate-compatible development. An example is a pricesubsidy model where the agency covers a certain percentage of the cost
of the product leaving the other percentage, usually around 40–50% to
the consumer. This has happened for improved cookstoves, and while it
might create a market distortion for companies that are not a part of the
financing programme, it still leads to the high uptake of the products
(World Bank 2020). To achieve more mobilized private finance, there
needs to be harmonized mindfulness on how to collect more data from
the base of the pyramid since developmental metrics often leave out this
group. In this regard, the same principle could be applied in other vital
fields like health access and agriculture. Disaggregated data reveals deprivations and inequalities that may not be fully reflected in aggregated
data.
9.3.8 Avoiding Market Distortion
Market distortion presents its own set of challenges to the local economy
(firewood vendors) but especially for those companies that are left
out of the private finance. It would, therefore, be of importance for
grant-funded subsidy programmes to issue out cleantech to territories