Pacific Islands Renewable Energy Investment Program
Helping free SIDS from their diesel dependence.
This programme covers seven Small Island Developing States (SIDS) which are some of the some of the world’s smallest, most isolated economies. They are the Cook Islands, Tonga, Republic of Marshall Islands, Federated States of Micronesia, Papua New Guinea, Nauru and Samoa. Power generation costs in these countries is among the highest because of their reliance on imported diesel, along with the high transportation costs from distributing the diesel to often highly dispersed populations.
All SIDS targeted in this programme recognize the benefits of shifting from diesel to renewable energy. This will lead to not only reduced greenhouse gas emissions but also enhanced energy security and improved balance of payments through reduced fossil fuel imports. But they also face various barriers in achieving this aim. This includes the high initial costs of installing renewable energy, the current lack of private sector investment and the pressing need for energy sector reforms.
This programme will initiate a number of paradigm-shifting moves across the seven SIDS. These include feasibility studies on how to expand renewable energy coverage, reform power utility management and encourage private sector engagement by identifying opportunities for independent power providers. Broad initiatives to move SIDS to renewable energy are being kicked off by an element within the programme to assist the Cook Islands install battery storage. This will help spur private sector investment to pave the way towards Cook Islands’ national target of 100 percent renewable energy by 2020.
The project has an estimated lifespan of 15 years.
- Private sector
- Public sector
General media inquiriesGCF Communications
Phone +82 32 4458 6338 (KST)
Request for informationGCF Information Disclosure
Request information about this project
Project complaints and grievancesGCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6485 (KST)
File a complaint
Integrity issuesGCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155 (KST)
National Designated Authority
Climate Change Cook Islands Division of the Office of the Prime Minister
Ministry for Metereology, Energy, Information, Disaster Management, Environment, Climate Change and Communications (MEIDECC)
Department of Climate Change and National Resilience
Office of Environmental Planning and Policy Coordination (OEPPC)
Office of Environmental Planning and Policy Coordination (OEPPC), PO Box 975, Majuro 96960, Republic of the Marshall Islands, Majuro, Marshall Islands
Phone +692 625-7945