Innovative, high-efficiency and high-quality products often face barriers to market entry, from price to lack of product recognition. Market transformation tools like incentives and bulk procurement help bring these products to market at an accelerated pace.
Development organizations, policymakers, and others want to provide a clear path to market for manufacturers of more sustainable products, thereby reducing manufacturer risk. Other market stakeholders – from governments to consumers – enjoy lower energy costs, higher levels of energy service, and quality of life and environmental benefits.
CLASP designs financial incentives to buyers up and down the supply chain, bulk procurement programs and advanced commitments for public and private stakeholders alike, in both developing and advanced product markets. Individual program design depends on economy size, market readiness, infrastructure and capacity, and participating partners. These programs are generally designed as specific interventions for a limited time period, with the goal of shifting the market towards better products.