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Readiness for Investment in Sustainable Energy (RISE), developed by the World Bank Group, is a suite of indicators that assesses the legal and regulatory environment for investment in sustainable energy.
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Readiness for Investment in Sustainable Energy (RISE) has benefited from the suggestions and advice from the internal and external advisory groups created for RISE. The external advisory group provided expert advice and quality control in two rounds of consultations. Similar discussions were held with the internal advisory group—the World Bank Group technical experts, who have knowledge of the...
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About Us
RISE is a set of indicators to help compare national policy and regulatory frameworks for sustainable energy. It assesses countries’ policy and regulatory support for each of the four pillars of sustainable energy—access to electricity, access to clean cooking (for 54 access-deficit countries), energy efficiency, and renewable...
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How to score each indicator
In the three categories of planning, policies and regulations, and pricing and subsidies, indicators are scored between 0 and 100 and aggregated with equal weights. Indicators present a scalar way of capturing quality of policies. Typically, sub-indicators are formulated in a binary form to ensure objectivity, but aggregating all sub-indicators enables the...
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After a preliminary long list of indicators was initially identified, guiding principles are applied through a two-stage screening process to arrive at the shortlist of indicators.
Stage I. Four principles of objectivity, comparability, action, and context-neutrality were applied to ensure that indicators will be deployable in almost every country.
An attribute that stood out at this stage was...
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Indicators went through multiple stakeholder consultations in the development phase. The selection of indicators and associated methodologies was discussed with private sector representatives. As RISE recognizes the importance of engaging that sector, consultations with private developers and investors were held in Washington, DC (all pillars), Nepal (energy access), Kenya (renewable energy), and...