Phase 3 of Support to the Vanuatu National Green Energy Fund: Operationalising investment and Exit Strategy

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.