Sustainable Renewables Risk Tender

STATUS Under implementationEST. COMPLETION 16 Apr 2033ESS CATEGORY Category ATotal project value 1.6bTonnes of emissions avoided 89.0mSEVEN COUNTRIESBotswana Central African Republic Democratic Republic of the Congo Kenya Mali Namibia Uzbekistan Falling technology costs are making investment in renewable energy commercially viable in increasingly more countries. Nevertheless global investment remains below the targets needed to meet the Paris Agreement. Achieving universal access to electricity will require rapid growth in the share of variable renewable energy used in global power generation.This programme is designed to help unlock the large amounts of private finance needed to complement the limited public funding available. It will help the seven target countries shift to low-emission sustainable development pathways and increase access to affordable reliable sustainable and modern energy. To do this the programme will support the use of technical assistance public investments and risk mitigation instruments.GCF financing GrantUSD 54000000 GrantUSD 30000000 LoanUSD 176000000 GuaranteeUSD 20000000Cofinancing Co-FinancingGrantUSD 1500000 Co-FinancingLoanUSD 459500000 Co-FinancingLoanUSD 750000000 Co-FinancingGrantUSD 72500000ACCREDITED ENTITYMinistry of Finance and Economic DevelopmentMr. Boniface MphetlheDeputy SecretaryGovernment Enclave State Drive PBag 008 Gaborone BotswanaPHONE 267 3950350BMPHETLHE@GOV.BW