FP093

Yeleen Rural Electrification Project in Burkina Faso

Yeleen Rural Electrification Project in Burkina Faso

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 - 495 days so far

Approved by GCF Board

20 Oct 2018

Legal opinion on AE's Internal Approval

04 Dec 2019

Under implementation

Completed

01 Oct 2025

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 9,481,808
GrantUSD 14,222,712
GuaranteeUSD 3,087,100

Cofinancing

CofinancerInstrumentAmount
Co-FinancingEquityUSD 15,325,248
Co-FinancingLoanUSD 5,733,186
Co-FinancingGrantUSD 10,727,673

GCF Project Team

General media inquiries

GCF Communications
Phone +82 32 458 7751
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Request for information

GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
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Accredited Entity

African Development Bank

Timothy Afful-Koomson
Chief Climate Finance Officer

National Designated Authority

Burkina Faso

Prime Ministry

Issaka Ouedraogo
Adviser to the Prime Minister/Environment Inspector
01 PO BOX 4223, Ouagadougou
Phone +226 70 00 87 69
Phone +226 76 64 95 66
isk.isk22@yahoo.fr