Embedded Generation Investment Programme (EGIP)
The GCF-DBSA Embedded Generation Investment Programme (“EGIP”) will support the implementation of renewable energy projects with a capacity of 330 MW, which is comprised of 280 MW Solar PV and 50 MW Wind.
This will be done through two components. The first component will provide credit support to private sector solar and wind Independent Power Producers established as special purpose vehicles that are backed by non-sovereign off-takers in order to enhance bankability of such renewable energy projects. The second component will provide credit support to special purpose vehicles, which are established and owned by Local Community Trusts (LCTs) and/or, Small, Medium and Micro-sized enterprises (SMMEs) to support such LCTs and SMMEs in obtaining and managing an equity ownership in local renewable energy sub-projects.
This programme has an estimated lifespan of 20 years.
- Private sector
- Public sector
GCF Project Team
General media inquiriesGCF Communications
Phone +82 32 458 7751
Request for informationGCF Information Disclosure
Request information about this project
Project complaints and grievancesGCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint
Integrity issuesGCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
National Designated Authority
News + Stories
GCF helps reduce renewable business costs in South Africa
07 Oct 2019 / The Green Climate Fund (GCF) will help drive down the price of renewable energy in South Africa by boosting the private sector’s investment in wind and solar power in a partnership with the Development Bank of Southern Africa (DBSA). GCF signed an agreement today with DBSA to reduce the cost of investing in South African renewables on the sidelines of GCF’s second Private Investment for Climate Conference.