FP129
Afghanistan Rural Energy Market Transformation Initiative – Strengthening Resilience of Livelihoods Through Sustainable Energy Access
Afghanistan Rural Energy Market Transformation Initiative – Strengthening Resilience of Livelihoods Through Sustainable Energy Access
Afghanistan faces severe energy shortages due to an ailing energy infrastructure, high dependency on diesel and kerosene fuels, and weak power sector policy and regulatory frameworks. With no connection to the electricity grid, most rural communities depend on traditional biomass for cooking and heating - which aggravates indoor air pollution, accelerates deforestation, and leads to carbon emissions.
This project is designed to kick-start a renewable energy market in rural Afghanistan. It will lay the necessary groundwork for the development of a mini-grid energy sector. This will be done by focusing on both public and private sector financing. Investments will help set up three solar mini-grids, with the intention to stimulate the further building of similar mini-grids in the future. The project is targeted at encouraging private sector engagement, while ensuring that the future development of mini-grids incorporates social and environmental considerations.
Project timeline
Pipeline
25 Jul 2016 - 1489 days
Concept note received
25 Jul 2016
Funding proposal received
28 Feb 2017
Cleared by GCF Secretariat
22 Apr 2019
Legal opinion on AE's Internal Approval
01 Jun 2020
Cleared by iTAP
28 Jul 2020
Approved
21 Aug 2020 - 60 days
Approved by GCF Board
21 Aug 2020
FAA executed
27 Aug 2020
Under implementation
19 Oct 2020 - 1,447 days so far
FAA effective
19 Oct 2020
Disbursement - USD 3,991,788
18 Jan 2021
To be completed
19 Oct 2025 - 380 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing23% disbursed
Instrument | Amount |
---|---|
Grant | USD 17,198,843 |
Total GCF Financing |
---|
USD 17,198,843 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Grant | USD 1,000,000 |
Co-Financing | Grant | USD 1,000,000 |
Co-Financing | In-kind | USD 2,200,000 |
Total Co-Financing |
---|
USD 4,200,000 |
GCF Contacts
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Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
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Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
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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