moreover they will not cover smallscale project developers who are most in need of insurance and guarantee pricing is typically of the project cost or stipulated savings with a wide range to depending on the caliber of the bond purchaser one example identified bond costs for a usd year energy saving guaranty usd million cap cost project were usd to usd annually to of the projects lifetime savings the case of riskguarantee mechanisms have led to sustainable changes by granting local financial stakeholders time to familiarise themselves with the specificities of ee project financing and learn the technicality required