MOre to Explore: Finance

Researching Sustainable Energy Solutions to Rural Electrification

Client
United Nations Development Programme
Faculty
Giuliano Bosi
Team
Hillary Dale, Alex Ducett, Andrew Maguire, Lois Taylor- Kamara
As a global knowledge network, the United Nations Development Programme (UNDP) advocates for sustainable human development and connects countries to experiences and resources to build better lives. In Swaziland, the UNDP provides policy support for the government on poverty alleviation, equitable social services provision, and good governance. UNDP and the Swaziland Ministry of Natural Resources and Energy engaged a Capstone team to determine the policy and financing challenges and opportunities for decentralized, renewable energy approaches to rural electrification. After conducting comparative research on renewable energy use, the team traveled to Swaziland and conducted stakeholder mapping and individual interviews with rural energy users. The team’s research culminated in a final report that includes recommendations on navigating the regulatory environment, identifying financing mechanisms, and addressing gaps in knowledge and awareness of renewable energy technologies. These findings will directly inform the UNDP’s newly launched Partnerships for Affordable Renewable Energy in Swaziland (PARES) program with Swaziland’s Ministry of Natural Resources.
Capstone Year

Analysis of Public Support Program Efficacy in Supporting the Disabled

Client
The Effect of Public Support Programs on Income Volatility
Faculty
Aram Hur
Team
Rebecca Augustin, Nichole Huff, Jaimie Vernon
Income volatility—substantial variation in household income—impacts roughly a quarter of American families and disproportionately harms the disabled because they are more likely to have low income. A Capstone team undertook a research plan to assess whether existing public support programs are effectively improving income stability. Departing from current studies that fail to differentiate between specific sources of financial vulnerability the team examined how disability status and type affect program effectiveness. The scope of the team’s research included the Temporary Assistance for Needy Families (TANF), a program designed to help needy families become self-sufficient. The team analyzed data from the 2014 Survey of Income and Program Participation and found significant differences in TANF effectiveness for the disabled, with important variations across disability types. These findings imply that support programs need to allocate funding according to the degree of vulnerability to effectively address income volatility.
Capstone Year