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projectFP102

Mali solar rural electrification project

821782
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation
GCF results area
  • Energy generation and access
UN Sustainable Development Goals
  • #7 Affordable and clean energy
  • #11 Sustainable cities and communities

Location & People

Region
  • Africa
Country
  • Mali MLI
Beneficiaries (approx.) 248,558

Investment Data

  • Financing:
    • Public
    • Public / Private
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category A
    • Category B
    • Category C
Total project investment
GCF Financing
  • Instrument Loan USD
  • Instrument Grant USD
Co-Financing
  • Banque Ouest Africaine de Développement Loan USD

Project owners

Accredited Entity Executing Entity
  • Ministry of Energy and Water Mali
Mali solar rural electrification project Approved February 2019 Est. implementation period 3.0 years
This first phase of the project will promote rural electrification through isolated solar photovoltaic (PV) green mini-grid systems as a low-carbon and resilient solution to the effects of climate change in the energy sector of Mali. This would be achieved by: increasing the rural population's access to electricity in 50 identified communities by (a) switching energy demand from diesel generators, kerosene lamps, paraffin candles and other emitting sources; and (b) by installing 4.83 megawatts of isolated solar PV mini-grid systems. In addition this project will strengthen the capacity of public institutions engaged in rural electrification; catalyse the development of an efficient solar market that will enable Mali to meet its renewable energy and greenhouse gas (GHG) reduction targets; contribute to the regulatory framework through capacity-building and putting in place an institutional framework to further promote the deployment of renewable energy; and catalyse the inclusion of the private sector in the programme through the incentivisation of workable and long-term operation and maintenance concessions.

This project has an estimated lifespan of 25 years.
Type
Document title
Published date
ESS report FP102 - BOAD - Mali 01 Feb 2019
Accredited Entity
  • Banque Ouest Africaine de Développement (BOAD) Yacoubou BIO-SAWE Tel: +228 22 232 745 Ibrahim TRAORE Tel: +228 22 23 26 92
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