FP027

Universal Green Energy Access Programme (UGEAP)

Universal Green Energy Access Programme (UGEAP)

Contributing to universal access to electricity in Sub-Saharan Africa by scaling up investments in renewable energy from local financial markets and the international private sector.

This programme is an investment fund that will reduce GHG emissions by increasing access to clean electrical energy for mainly rural populations in Sub-Saharan Africa. It aims to provide financing for decentralized energy service companies for off‑grid and mini-grid systems for rural households and communities and renewable energy for industrial players.

Fossil fuel based energy production will be replaced with renewable, clean energy solutions that can meet increasing energy demand. Investments will target three types of projects. Off-grid renewable electricity energy in the form of solar home systems will be provided via an affordable payment plan. Green mini-grid projects will also be supported via companies that install, operate and maintain photovoltaic based mini-grids to sell energy services in rural communities. Finally, industrial renewable electrical energy and selected on-grid installations will be targeted, by investing in companies that provide modular, transportable, and often rented photovoltaic farms, offering SMEs and communities competitively-priced solar power. Around 50 investments will be made, totalling a volume of USD 500M over the course of five years, and via two phases.

At a later stage, the programme will work with local financial institutions to enable banks to provide long-term loans to businesses that provide clean electricity solutions. A public-private partnership instrument will leverage at least two-fold the impact of public capital through private investment.

The project has an estimated lifespan of 15 years.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

16 Aug 2015 - 426 days

Funding proposal received

16 Aug 2015

Cleared by iTAP

30 Sep 2016

Approved

14 Oct 2016 - 1,394 days so far

Approved by GCF Board

14 Oct 2016

Under implementation

Completed

One region

  • Africa

Seven countries

Two priority groups

  • Least Developed Countries
  • African States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
EquityUSD 78,400,000
GrantUSD 1,600,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingEquityUSD 9,000,000
Co-FinancingEquityUSD 192,600,000
Co-FinancingEquityUSD 20,000,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

Deutsche Bank AktienGesellschaft AG

Mr. Michael Hölter
Director
Taunusanlage 12, Frankfurt am Main, Germany
Phone +49-69-910-30843
michael.hoelter@db.com
Ms. Susanne Kern
Taunusanlage 12, Frankfurt am Main, Germany
Phone +46-69-910-60585
susanne.kern@db.com

National Designated Authority

Benin

Ministry of Living Environment and Sustainable Development

Mr. Martin Aïna
Director General, Division of Climate Change
01 BP 3502 - 01 BP 3621, Cotonou, Benin
Phone +229 96613936
marnickson@yahoo.fr
maina@gouv.bj
Mr. Théodore Domingo
01 BP 3502 - 01 BP 3621, Cotonou, Benin
Phone +229 97764297
stheodorecossi@yahoo.fr
United Republic of Tanzania

Vice President's Office

Eng. Joseph Malongo
Permanent Secretary of the Vice President's Office
Makole Road, LAPF Building, 7th Floor, P.O. Box 2502, Dodoma, Tanzania
Namibia

Ministry of Environment and Tourism

Mr Petrus Muteyauli
Deputy Director, Multilateral Environmental Agreements, Department of Environmental Affairs
Ministry of Environment and Tourism, Private Bag 13306, Windhoek, Namibia, Windhoek, Namibia
Mr. Teofilus Nghitila
Environmental Commissioner
Private Bag 13306, Windhoek, Namibia, Windhoek, Namibia
Mr. Jonathan Kamwi
Chief Conservation Scientist - Climate Change
Private Bag 13306, Windhoek, Namibia, Windhoek, Namibia
Kenya

The National Treasury

Mr. Peter Odhengo
Senior Policy Advisor, Climate Finance
Phone +254 722 984992
odhengo@gmail.com
Mr. Julius Muia
Principal Secretary
Treasury Building, Harambee Avenue, P.O Box 30007-00100, Nairobi, Kenya
Phone +254 20 224 0051
ps@treasury.go.ke
Mr. Hillary Korir
Economist
Nigeria

Federal Ministry of Environment

Dr. Yerima Tarfa
Director, Department of Climate Change
Department of Climate Change, Plot 444, Aguiyi Ironsi Way, Green Building Federal Capital Territory, Abuja, Nigeria, Abuja, Nigeria
Phone +234 802 492 0107
Phone +234 813 555 1311
petertarfa@hotmail.com
Ethiopia

Environment, Forest and Climate Change Commission

Mrs. Tirhas Mebrahtu
Mr. Habtamu Denboba
Uganda

Ministry of Finance, Planning and Economic Development

Mr. Keith Muhakanizi
Permanent Secretary / Secretary to the Treasury
Phone +256 414 707 135
keith.muhakanizi@finance.go.ug
Mr. Andrew Masaba
Principal Economist / Climate Finance Desk Officer, Development Assistance and Regional Cooperation