Derisking Renewable Energy NAMA for the Nigerian Power Sector.

Lead country


Participating countries


Project status

Under implementation

Implementing period

From June 28, 2016 to June 28, 2021

SDGs addressed by this project

SDG targets

  1. 13.2 Integrate climate change into national policies, planning
  2. 7.2 Increase share of global renewable energy

Project ID: 5243

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Technical team

  • Energy Programme

Technical area(s)

  • Renewable Energy


  • Type: On-grid, utility-scale
  • Resource: Solar



Transformed sector(s)

  • Energy

UNDP role(s)

  • Capacity development / Technical assistance
  • Institutional mechanism and system building


  • Law regulation
  • Monitor inventory
  • Finance economy


  • Laws/ Policy/ Plan formulation
  • Standards/ Labeling/ Guideline
  • Environmental accounting
  • Energy finance

Social inclusion

  • Private sector

Gender equality


Gender result effectiveness scale

  • Gender targeted


  • Systems pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 13.2 Integrate climate change into national policies, planning
  • 7.2 Increase share of global renewable energy

Conventions and protocols


Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration

About this project


The UNDP-GEF project will support the Government of Nigeria to develop a Nationally Appropriate Mitigation Action (NAMA) for the Nigerian Power Sector. The NAMA will target solar PV primarily in order to achieve a transformation in the electricity mix such that at least 20GW of Nigeria's electricity is generated from solar PV by 2030. The NAMA design will use a rigorous quantitative methodology based on UNDP's Derisking (“DREI”) methodology. The project will build upon existing national development policies and initiatives that seek to put in place public derisking instruments to support the more efficient and effective participation of the private sector in the power sector. The project will develop the NAMA architecture and enabling conditions through a combination of complementary policy and financial derisking instruments, which will be validated through the implementation of a 100 MW PV project. The project will contribute to the country's attainment of its voluntary mitigation targets in the energy sector, with expected direct emission reductions of 205,700 tonnes of CO2e during the project's lifetime and additional indirect emission reductions of between 6.79 and 9.72 million tCO2e. Being the first of its kind, the baseline project will also pave the way for catalysing more private investments so that the NAMA will generate national benefits related to green growth, energy security and job creation at scale.


The objective of the project is to support the Federal Government of Nigeria (FGN) in the development and implementation of a NAMA in the energy sector, namely a RE NAMA for the Nigerian Power Sector (NPS).

USD $4,530,000

Grant amount

USD $213,550,000

Leveraged amount (co-financing)


Source(s) of fund

Sources of fund


  • Global Environment Facility – Trust Fund ($4,530,000)

Implementing partner(s)

  • Federal Ministry of Environment (Energy Commission of Nigeria)

Project metrics

Related resources

Geospatial information

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Project reports and documentation