FP172
Mitigating GHG emission through modern, efficient and climate friendly clean cooking solutions (CCS)
Mitigating GHG emission through modern, efficient and climate friendly clean cooking solutions (CCS)
The project will promote the adoption of Clean Cooking Solutions in Nepal’s Terai region. Nepal has been making efforts to shift towards clean fuels and cooking technologies. While there has been progress in both urban and rural areas, the share of population with access to clean cooking solutions remains low – at approximately one third of the population. Use of Liquified Petroleum Gas (LPG) for clean cooking is higher than use of electricity. Nepal relies heavily on hydropower for its electricity generation, which is a clean and renewable energy source. Nepal has enormous potential for hydroelectricity and 80 per cent of its population are connected to the national grid. The Terai region has a higher electricity access rate than the Hills and Mountains. However, use of electricity for cooking remains relatively low.
Promoting and increasing access to electricity for cooking will be achieved through a range of innovative concepts that target both households and local authorities, including bulk tendering via reverse auctioning for cost effectiveness; output-based financing for de-risking of investments and institutional capacity building of 150 Local Governments in the renewable energy sector. Activities will include scaling up the deployment of clean cooking technologies through accelerated investment and market development, as well as installing 500,000 Electric Stoves, 490,000 Tier 3+ ICS and 10,000-biogas plants.
Project timeline
Pipeline
15 Dec 2019 - 663 days
Concept note received
15 Dec 2019
Funding proposal received
30 Dec 2020
Cleared by GCF Secretariat
19 Jul 2021
Cleared by iTAP
14 Sep 2021
Approved
07 Oct 2021 - 433 days
Approved by GCF Board
07 Oct 2021
Legal opinion on AE's Internal Approval
28 Jan 2022
FAA executed
14 Jul 2022
Under implementation
13 Dec 2022 - 722 days so far
FAA effective
13 Dec 2022
Disbursement - USD 2,899,007
24 Jan 2024
To be completed
13 Dec 2027 - 1,106 days to go
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Financing
- Private sector
- Public sector
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Size
- Micro
- Small
- Medium
- Large
GCF financing14% disbursed
Instrument | Amount |
---|---|
Grant | USD 21,128,224 |
Total GCF Financing |
---|
USD 21,128,224 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Grant | USD 20,958,151 |
Co-Financing | Grant | USD 7,065,442 |
Total Co-Financing |
---|
USD 28,023,593 |
GCF Contacts
General media inquiries
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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)
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Entity
Alternative Energy Promotion Centre (Nepal)
Deputy Executive Director
Tahachal, Kathmandu, Nepal
Deputy Director
Tahachal, Kathmandu, Nepal
More contacts
National Designated Authority
International Economic Cooperation Coordination Division, Ministry of Finance
Documents
Title | Type | Date |
---|---|---|
Mitigating GHG emission through modern, efficient and climate friendly clean cooking solutions (CCS) | Approved funding proposal | 23 Nov 2021 |
Gender action plan for FP172: Mitigating GHG emission through modern, efficient and climate friendly clean cooking solutions (CCS) | Gender action plan | 14 Sep 2021 |
Gender assessment for FP172: Mitigating GHG emission through modern, efficient and climate friendly clean cooking solutions (CCS) | Gender assessment | 14 Sep 2021 |