Deadline: 09-Sep-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
As a business model which provides electricity and financing leveraging mobile technology, PAYG is affected by regulations in the electricity, finance, import, data protection, and telecom sectors. Existing policy frameworks have yet to be designed to take PAYG business models into account because evolution has outpaced regulation. Governments are only beginning to understand the sector and its potential. Limited government awareness of and support for PAYG means there is a risk of new regulation or interpretation of existing regulation that handicap the PAYG market. On the other hand, an enhanced regulatory environment could help to accelerate sector growth by de-risking investment and encouraging additional commercial financing. The overall objective of the project is to create a government guidance toolkit, which helps countries to develop an enabling policy and regulatory framework for the PAYG sector. The phase 1 objective is to develop an initial toolkit.