Global Green Growth Institute
room19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
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Phase 3 of Support to the Vanuatu National Green Energy Fund: Operationalising investment and Exit Strategy

IATI Identifier: XM-DAC-47136-VU04
Published in IATI IATI
  • date_range Jan 01, 2019 - Dec 31, 2020
  • autorenew Implementation (Status)

The establishment of the National Green Energy Fund marks a milestone in Vanuatu's energy sector development. With the Fund aiming to pool both domestic and international financial resources, the government not only hopes to improve electricity access in rural areas of Vanuatu, but also to contribute to achieving CO2 emission reduction NDC objective by using close to 100% renewable energy (RE) electricity generation by 2030. NGEF will also support energy efficiency projects, which will contribute towards achieving Vanuatu's national sustainable energy targets elaborated in the National Energy Road Map (NERM) 2016-2030 and in the NERM Implementation Plan (2019) and NDC Roadmap (2019). This project is implemented in partnership with Department of Energy and Ministry of Climate Change in close collaboration with other Ministries, Departments, civil society and private sector representatives that form the NGEF Management Board.

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Sectors:
  • Environmental policy and administrative management error
    Sector code:
    41010 - Environmental policy and administrative management
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Reporting Organisation error
    Sector code:
    CC - Reporting Organisation
    Sector vocabulary:
    99 - Reporting Organisation

Participating Organisations

Organisation Name Organisation Type Organisation Role
Global Green Growth Institute Multilateral Implementing
Department of Energy. Ministry of Climate Change Government Funding

Transaction

Transaction Value Provider Receiver Type Date
48,123 USD (Valued at Dec 31, 2019) circle Provider N/A circle Receiver N/A Expenditure date_rangeJan 01, 2019

Budget

59,691 USD
59,691 USD (Valued at Dec 31, 2019) date_range Jan 01, 2019 - Dec 31, 2019
access_timeUpdated on Aug 03, 2020 07:04:22
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