FP178

Desert to Power G5 Sahel Facility

Desert to Power G5 Sahel Facility

The Group of Five for the Sahel (G5 Sahel) countries – Burkina Faso, Chad, Mali, Mauritania and Niger –are characterized by high poverty levels, high vulnerability to climate change, and low electrification rates.  While they have some of the highest solar energy generation potential in the world, they cannot benefit from it due to a lack of public and private investments in the clean energy sector.  Currently, clean energy cannot meet increasing electricity demand. The demand growth combined with their high dependence on fossil fuels makes it harder for them to embrace a low-emission future.  Thus, the energy sector plays a pivotal role in contributing to the region’s climate mitigation and adaptation goals.

The Desert to Power G5 Sahel Facility aims to tap into the immense solar energy potential of the Sahel region and bring cheaper, reliable and low-emission electricity to end users.  The Facility will address institutional and financial barriers and create an enabling environment to facilitate private sector funding for solar technological innovations and to ensure sustainability of the clean energy sector. GCF’s contribution of USD 150 million to the Facility will leverage financing from the African Development Bank (the implementing partner) and the private sector for investments totaling to almost USD 1 billion for large-scale solar generation.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

25 Sep 2020 - 378 days

Concept note received

25 Sep 2020

Funding proposal received

29 Jan 2021

Cleared by GCF Secretariat

19 Jul 2021

Cleared by iTAP

14 Sep 2021

Approved

07 Oct 2021 - 62 days so far

Approved by GCF Board

07 Oct 2021

Under implementation

Completed

One region

  • Africa

Five countries

Two priority groups

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

GCF financing

InstrumentAmount
LoanUSD 82,000,000
GrantUSD 8,000,000
GrantUSD 40,000,000
GuaranteeUSD 20,000,000
Total GCF Financing
USD 150,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGuaranteeUSD 20,000,000
Co-FinancingLoanUSD 50,000,000
Co-FinancingLoanUSD 299,616,360
Co-FinancingEquityUSD 20,000,000
Co-FinancingLoanUSD 88,830,118
Co-FinancingLoanUSD 70,876,820
Co-FinancingEquityUSD 141,743,280
Co-FinancingLoanUSD 115,649,822
Co-FinancingGrantUSD 10,000,000
Total Co-Financing
USD 816,716,400

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

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 6155 (KST)
Send e-mail

Accredited Entity

African Development Bank
Mr. Timothy Afful-Koomson
Chief Climate Finance Officer
More contacts

National Designated Authority

Burkina Faso
Prime Ministry
Mr. 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
Chad
Ministry of Environment, Water, and Fisheries
Mr. Ibrahim Charfadine Abdelkerim
Environmentalist/Expert in Development Management
Rue Idriss Miskine / B.P. 447, N'Djamena, Chad
Phone +235 63 11 05 07
Phone +235 99 12 89 50
gcfund.chad@gmail.com
Mali
The Environment and Sustainable Development Agency
Mr Boureima Camara
Director General of the Environment and Sustainable Development Agency
Cite Administrative – Batiment No. 7 – BP: 1634, Bamako, Mali
Phone (+223) 66 80 57 56
bouricamara@gmail.com
Mauritania
Ministry of Environment and Sustainable Development
Mr Sidi Mohamed El Wavi
Policy Officer and Coordinator of the National Program on Climate Change
Phone +222 4600 8383
elwavi.sm@gmail.com
Niger
National Council of the Environment for Sustainable Development (CNEDD)
Dr. Kamaye Maâzou
Executive Secretary
Cabinet du Premier Ministre, PL 17 Rue du Gouverneur Jules Brévié, BP 10193, Niamey, Niger, Niamey, Niger (the)
Phone +227 207 22 559
Phone +27 9698 7470
Phone +227 9022 1700
kmaazou@gmail.com
kamayemaazou@yahoo.fr

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