Lead country
Tuvalu
Participating countries
Tuvalu
Project status
Under implementation
Implementing period
From February 13, 2018 to February 13, 2022
SDGs addressed by this project
SDG targets
- 7.2 Increase share of global renewable energy
- 7.3 Double global rate energy efficiency improvement
- 13.2 Integrate climate change measures into national policies, strategies and planning.
Project ID: 5613
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Technical team
- Energy Programme
Technical area(s)
- Renewable Energy
- Energy efficiency
Sub-area(s)
- Type: On-grid, utility-scale
- Resource: Solar
- Appliances
- Buildings
Landscape(s)
N/A
Transformed sector(s)
- Energy
UNDP role(s)
- Capacity development / Technical assistance
- Optimising financing
- Institutional mechanism and system building
Strategy
- Law regulation
- Capacity building
- Finance economy
Sub-strategy
- Laws/ Policy/ Plan formulation
- Standards/ Labeling/ Guideline
- Institutional capacity building
- Technical capacity building
- Awareness raising
- Energy finance
Social inclusion
- Women
- Local community/CSOs
- Private sector
Gender equality
N/A
Gender result effectiveness scale
N/A
Pathway(s)
- People pathway
- Systems pathway
- Sci-tech pathway
Risk reduction target(s)
- Hazard control/mitigation
SDG target(s)
- 7.2 Increase share of global renewable energy
- 7.3 Double global rate energy efficiency improvement
- 13.2 Integrate climate change measures into national policies, strategies and planning.
Conventions and protocols
- National Determined Contributions (NDCs)
Private sector(s)
- Capital providers
Hot topic
- Multi-stakeholder collaboration
About this project
Description
FASNETT is aimed at facilitating the development and utilization of feasible renewable energy resources and application of energy efficiency technologies for achieving the Government of Tuvalu's updated target of reducing emissions of greenhouse gases from the electricity generation (power) sector by 100% by 2025 based on the country's INDC in November 2015. The facilitation or enabling objective is meant to address, i.e., eliminate the identified barriers to the cost-effective application of RE technologies using the country's indigenous RE resources, as well in the effective and extensive application of EE measures and techniques that are also in line with low carbon development and involved in the sustainable development in the country through a barrier removal approach. This will be achieved through the implementation of four project components: (1) Awareness Raising on Renewable Energy and Energy Efficiency Applications; (2) Energy Policy Improvement and Institutional Capacity Building; (3) Applications of Renewable Energy & Energy Efficiency Technologies & Techniques and (4) Financing of Renewable Energy and Energy Efficiency Initiatives. The project is financially supported through the GEF (USD 2,639,725) and co-financed by the UNDP (USD 250,000), the Government of Tuvalu (USD 8,250,000) and Tuvalu Electricity Corporation (USD 7,400,000).
Objectives
Facilitation of the development and utilization of feasible renewable energy resources and application of energy efficiency technologies in Tuvalu for achieving realistic energy targets in Tuvalu.
USD $2,739,725
Grant amount
USD $15,900,000
Leveraged amount (co-financing)
1
Source(s) of fund
Sources of fund
- Global Environment Facility – Trust Fund ($2,739,725)
Implementing partner(s)
- Energy Department - Ministry of Public Utilities and Infrastructure (ED/MPUI)
Related resources
Geospatial information
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Project reports and documentation
