Publication - EnDev: Driving change through Results-based Financing

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Title
EnDev: Driving change through Results-based Financing
Publisher
EnDev
Author
EnDev
Published in
April 2026
Abstract
EnDev has been a pioneer in applying Results-based Financing (RBF) to advance energy access in our partner countries. What started as a bold initiative over 10 years ago has grown into a cornerstone of our work, enabling transformative impact on energy markets worldwide. While RBF is now a widely used tool in the energy access sector, EnDev’s journey began with the establishment of the groundbreaking RBF Facility (2013–2020) funded by the United Kingdom. This initiative served as a learning laboratory, encompassing 17 projects across 14 countries – and that, as it turned out, was only the beginning. The RBF Facility laid the foundation for a portfolio of more than 70 RBF projects implemented by EnDev to date. Many of these projects have been adopted, replicated, and scaled by others, a testament to their value and transformative potential.
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