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)

  • Status Under implementation
  • Date approved 07 Oct 2021 at B.30
  • Est. completion 13 Dec 2027
  • ESS Category Category C

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.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

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

One region

  • Asia-Pacific

One country

One priority group

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

GCF financing14% disbursed

InstrumentAmount
GrantUSD 21,128,224
Total GCF Financing
USD 21,128,224

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 20,958,151
Co-FinancingGrantUSD 7,065,442
Total Co-Financing
USD 28,023,593

GCF Contacts

General media inquiries

GCF Communications
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GCF Information Disclosure
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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)
Dr. Narayan Prasad Adhikari
Primary

Deputy Executive Director
Tahachal, Kathmandu, Nepal
Phone +97714598013
Phone +97714598014
narayan.adhikari@aepc.gov.np
Dr. Mukesh Ghimire
Secondary

Deputy Director
Tahachal, Kathmandu, Nepal
Phone +97714598013
Phone +97714598014
mukesh.ghimire@aepc.gov.np
More contacts

National Designated Authority

Nepal
International Economic Cooperation Coordination Division, Ministry of Finance
Mr. Dhani Ram Sharma Primary
Joint Secretary
Phone +911 1 4211371
dsharma@mof.gov.np