Lead country
Equatorial Guinea
Participating countries
Equatorial Guinea
Project status
Under implementation
Implementing period
From March 18, 2016 to March 31, 2021
Project ID: 5143
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Technical team
- Energy Programme
Technical area(s)
- Energy access
- Renewable Energy
Sub-area(s)
- Electricity access
- Type: Off-grid, mini-grids
- Resource: Hydro
- Resource: Solar
Landscape(s)
N/A
Transformed sector(s)
- Energy
UNDP role(s)
- Capacity development / Technical assistance
- Innovative approaches
Strategy
- Governance
- Capacity building
- Finance economy
Sub-strategy
- Institutional framework
- Laws/ Policy/ Plan formulation
- Awareness raising
- Technical capacity building
- Institutional capacity building
- Energy finance
- Demonstration sites/Pilot
Social inclusion
- Private sector
- Women
Gender equality
- Women decision making
- Women's cooperatives and groups
Gender result effectiveness scale
- Gender responsive
Pathway(s)
- Sci-tech pathway
- People pathway
- Systems pathway
Risk reduction target(s)
- Hazard control/mitigation
SDG target(s)
- 7.2 Increase share of global renewable energy
- 13.2 Integrate climate change into national policies, planning
Conventions and protocols
N/A
Private sector(s)
N/A
Hot topic
- Multi-stakeholder collaboration
About this project
Description
The goal of the project is to create a market for decentralized renewable energy solutions in small island and remote territories. The goal will be reached by addressing the weakness of the country's policy-institutional, market and technology supply frameworks and tackle the root causes of the barriers to RE utilization in the country. The project consists of the following components: (1) Clean energy planning and policies for implementation and scaling up; (2) Clean energy technology (hydro) demonstration; (3) Clean energy technology (solar) demonstration; (4) Clean energy knowledge & capacity development. The project is expected to generate global benefits in directly avoided greenhouse gas (GHG) emissions of almost 1,780 kilotons of CO2 due to switching from fossil fuels for power generation to small hydro, solar PV and wind power (over the lifetime of 20 years) and an estimated 7,121 ktCO2 as indirect emission reduction impact.
Objectives
To create a market for decentralized renewable energy solutions in small island and remote territories.
USD $3,652,968
Grant amount
USD $40,000,000
Leveraged amount (co-financing)
1
Source(s) of fund
Sources of fund
- Global Environment Facility – Trust Fund ($3,652,968)
Implementing partner(s)
- Government of Equatorial Guinea
Project metrics
Related resources
Geospatial information
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Project reports and documentation