Creating a sustainable enabling environment is critical to opening up the market to new technologies such as on-grid renewable energy. As discussed in the report, the compact covered important policy, legal, and regulatory changes that were needed in the enabling framework and made them condition precedents (CPs). MCC’s attempts to create an enabling environment focused too much on policy and not enough on ensuring continued engagement of relevant line ministries, public utilities and regulators by involving them directly in the solicitation. MCC should ensure that funded grants have the support they need to be fully successful beyond the compact period.
Lesson Learned