FP033
Accelerating the transformational shift to a low-carbon economy in the Republic of Mauritius
Accelerating the transformational shift to a low-carbon economy in the Republic of Mauritius
Helping Mauritius mainstream renewable energy and reduce its reliance on fossil fuels.
With imported fossil fuels supplying 84 percent of Mauritius’ primary energy requirements, the country is vulnerable to outside energy shocks, like many other Small Island Developing States (SIDS). Also, greenhouse gas emissions are increasing at a rate of 3 percent per year, while the country’s energy generation mix is dominated by imports of coal (39 percent) and fuel oil (38 percent).
This project is aimed at enabling the Government of Mauritius to meet its target of using renewables to supply 35 percent of the country’s energy needs by 2025. This is part of a broad national strategy to reduce the country’s dependence on fossil fuels – to enhance energy security and climate change mitigation, and to improve the country’s balance of payments.
The project will remove bottlenecks to investments in low-carbon development in two phases:
- Phase 1: Supporting grid-connected, intermittent renewable energy; and
- Phase 2: Establishing a photovoltaic mini-power grid for Mauritius’ principle outer island, Agalega.
The project’s first phase (2017-2019) will strengthen the ability of the energy grid to use electricity generated by renewables and support institutional strengthening through the operationalization of the Mauritius Renewable Energy Agency (MARENA).
The second phase (2020-2024) will draw upon lessons learned during the first phase to accelerate the deployment of solar energy in Agalega. The ability to supply clean energy to a remote island like Agalega is a good example that can be replicated in other SIDS.
The project has an estimated lifespan of 20 years.
Project timeline
Pipeline
07 Apr 2015 - 619 days
Concept note received
07 Apr 2015
Funding proposal received
29 Jul 2015
Legal opinion on AE's Internal Approval
20 Oct 2016
Approved
15 Dec 2016 - 209 days
Approved by GCF Board
15 Dec 2016
Cleared by iTAP
15 Dec 2016
FAA executed
08 Jun 2017
Under implementation
11 Jul 2017 - 2,649 days so far
FAA effective
11 Jul 2017
Disbursement - USD 2,974,261
06 Sep 2017
Annual Performance Report
23 Mar 2018
Annual Performance Report
01 Mar 2019
Disbursement - USD 4,220,060
06 Mar 2019
Disbursement - USD 4,879,837
02 Dec 2020
Disbursement - USD 4,342,959
20 Dec 2021
Disbursement - USD 3,921,617
10 May 2024
To be completed
11 Jul 2025 - 274 days to go
One region
- Africa
One country
Two priority groups
- Small Island Developing States
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing72% disbursed
Instrument | Amount |
---|---|
Grant | USD 28,210,000 |
Total GCF Financing |
---|
USD 28,210,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 37,900,000 |
Co-Financing | Grant | USD 122,000,000 |
Co-Financing | Grant | USD 1,380,000 |
Co-Financing | Other | USD 1,000,000 |
Co-Financing | Other | USD 900,000 |
Total Co-Financing |
---|
USD 163,180,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
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Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
United Nations Development Programme
Executive Coordinator, ad interim (A.I)
304 East 45th Street, FF-9th Floor, New York, United States
Principal Advisor Environmental Law and Policy
304 East 45th Street, FF-9th Floor, New York, United States
More contacts
National Designated Authority
Ministry of Finance and Economic Development
Deputy Financial Secretary
Government Centre, Port Louis, Mauritius
Lead Analyst, Resource Mobilisation Cluster