The objective of the Electricity Service Access Project is to increase electricity access in Zambia's targeted rural areas. There are three components to the project, the first component being on-grid electricity access expansion. This component will provide financing for on-grid connections in rural areas using the approaches under the OBA/connection fee subsidy program. To support the ‘last mile’ connections, the project will also finance critical.
The objective of the Electricity Access and Service Expansion Project for Congo, Democratic Republic of is to expand access to electricity in target areas. There are three components to the project, the first component being network upgrades and access expansion in selected SNEL service areas. Component one is aimed at increasing and improving access by addressing critical rehabilitation needs in the SNEL-operated distribution network zones where
The Energy and Environment Partnership Trust Fund (EEP Africa) is a clean energy financing facility hosted and managed by the Nordic Development Fund (NDF) with funding from Austria, Finland and NDF. It is guided by a vision for a climate-resilient, zero-carbon future with the aim of contributing to the achievement of the Paris Agreement on climate change and Sustainable Development Goals (SDGs).
The programme aims to increase investment in geothermal energy in East Africa, contributing to economic development and growth, by addressing market failures which hinder the very early stages of geothermal market development, including: • reducing the risk of exploratory test drilling, leading to increased investor confidence in under exploited East Africa geothermal energy; and, • improving geothermal strategy, policy and regulations that facilitate investment.
Climate Investor One (CIO) is a blended finance facility. The first component of this programme is a development fund, which provides loans in the early stage of a project life cycle. The second component, a construction equity fund, will meet up to 75 percent of total construction costs in tandem with the project sponsor. Compared with conventional project financing, CIO removes the need for complex multi-party financing structures, with the potential to thereby reduce the time and cost associated with delivering renewable energy projects.
The Clean Energy for Development aims to increase access to renewable energy in developing countries. The initiative has provided lasting results for millions of people since it was started in 2007.
Both the Sustainable Development Goals and climate agreement in Paris states that the global community must continue to supporting sustainable energy development.
Renewable energy enables economic growth and protects the environment. Sustainable, affordable and reliable energy supplies are also prerequisites for abolishing extreme poverty.
In 2015, the United Nations member states defined the seventh Sustainable Development Goal as: “Ensure access to affordable, reliable, sustainable and modern energy for all”. Subsequently, the Government of Mozambique, the British Government and various international partners signed the Energy Africa Mozambique Compact.
The project is developed as one of the key European responses to the Sustainable Energy for All initiative. The objective of the Africa Energy Guarantee Facility (AEGF) is to provide proper risk mitigation and credit enhancement solutions to facilitate and increase private sector involvement in the African energy sector. Despite the large energy infrastructure gap (in all three areas of: generation, access and efficiency) and the growing demand for energy in many countries, private sector investments and involvement in the African energy sector remain modest.
The programme will catalyse a market based approach for private sector delivery of solar home system (SHS) products and services. This will lead to improved energy access for people in sub-Saharan Africa currently who are currently without modern energy. The programme will work in 14 priorty countries: Mozambique, Malawi, Zambia, Zimbabwe, Tanzania, Rwanda, Uganda, Kenya, Ethiopia, Somalia, Nigeria, Ghana, Sierra Leonne and Senegal.
The Energy Facility is a co-financing instrument which was established in 2005 in order to support projects on increasing access to sustainable and affordable energy services for the poor living in rural and peri-urban areas in African, Caribbean and Pacific (ACP) countries. Its objectives are set by the EU development agenda.