FP093

Yeleen Rural Electrification Project in Burkina Faso

Yeleen Rural Electrification Project in Burkina Faso

  • Status Under implementation
  • Date approved 20 Oct 2018 at B.21
  • Est. completion 14 Jun 2027
  • ESS Category Category B

Shifting rural energy models designed to increase people’s “access to energy” to focus on “access to clean energy.”

Burkina Faso is a landlocked Least Developed Country where electricity generation is 80 percent reliant on fossil fuels. While 70 percent of the country’s population lives in rural areas, only 3 percent of these people have access to electricity. The government of Burkina Faso currently subsidises diesel generation in the remote areas, a situation which is unsustainable from both climate change and economic standpoints.

This project aims to create a paradigm shift towards low-emissions electricity access by using a public sector intervention to provide an enabling environment for the private sector which will operate solar mini-grids. The project will include installing 100 mini-grids in Burkina Faso using result based payments to private sector operators, and improving the regulatory framework in order to mobilise private sector capital in renewable energy based rural electrification investments. Micro-finance institutions will be encouraged to provide loans to productive users in the areas where solar mini-grids will be installed.

The project has an estimated lifespan of nearly 7 years.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
335,000
Theme

Mitigation

Result areas

Project timeline

Pipeline

25 Jun 2018 - 118 days

Funding proposal received

25 Jun 2018

Cleared by iTAP

26 Sep 2018

Approved

20 Oct 2018 - 696 days

Approved by GCF Board

20 Oct 2018

Legal opinion on AE's Internal Approval

04 Dec 2019

FAA executed

22 Jun 2020

Under implementation

14 Sep 2020 - 1,262 days so far

FAA effective

14 Sep 2020

Completed

14 Jun 2027 - 1,203 days to go

One region

  • Africa

One country

Two priority groups

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

GCF financing

InstrumentAmount
LoanUSD 9,217,577
GrantUSD 13,826,366
GuaranteeUSD 3,001,071
Total GCF Financing
USD 26,045,016

Co-financing

Co-financerInstrumentAmount
Co-FinancingEquityUSD 14,898,177
Co-FinancingLoanUSD 5,573,419
Co-FinancingGrantUSD 6,430,868
Co-FinancingGrantUSD 3,965,702
Total Co-Financing
USD 30,868,167

GCF Contacts

General media inquiries

GCF Communications
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 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
Send e-mail

Accredited Entity

African Development Bank
Ms. Audrey-Cynthia YAMADJAKO
Primary

Principal Climate and Environment Finance Officer
African Development Bank Climate Change and Green Growth Department CCIA. Rue Jean Paul II, Plateau, 01 BP 1387 Abidjan 01, Côte d’Ivoire
Phone +225 27 20 26 53 95
Phone +225 07 59 68 1
a.yamadjako@afdb.org
More contacts

National Designated Authority

Burkina Faso
Prime Ministry
Mr. Nebyida Lamech KABORE Primary
Policy Officer
Phone +22676 51 50 80
Phone +226 78 29 27 26
nebyidal@yahoo.fr
nebalamech@gmail.com
Mr. Basile OUEDRAOGO Secondary
Policy Officer
Phone +226 78 16 48 58
Phone +226 67 29 24 54
basileouedraogo3@yahoo.fr