IATI Identifier: XM-DAC-47136-FJ08
Building upon work carried out in 2018-2019 (FJ1-3GIS and VU1-2000-1), green energy projects in the Pacific (Fiji and Vanuatu) are designed and demonstrated to be financially viable, maintaining an active pipeline of over $20m USD in green energy projects in the region. This project will include the following activities: - Financial analysis for potential projects and design a business case/financial model for identified projects; - Support projects access to relevant funding entities (mobilizing finance); - Provide support to the national development bank and potentially other financial institutions in the design of distinct financial instruments for green energy (taking into consideration social inclusion, gender and pro-poor instrument design in order to open up access to finance). The following green energy proposals will fall under this Project: 1. Support Fiji Rice and the Sugarcane Growers Fund in accessing finance to access solar energy, 2. Developing a financial instrument with Fiji Development Bank (FDB) to support MSMEs access solar energy, 3. Mobilizing finance for rooftop solar for social housing in Fiji, 4. Savusavu solar for off-grid hotels (Blue Town Model- Fiji) 5. Off-grid solar for hotels and other businesses in Vanuatu 6. Other projects as they are identified and enter the pipeline
more_horizSolar energy for isolated grids and standalone systems
Name | Type | Role |
---|---|---|
Global Green Growth Institute | Multilateral | Implementing |
Global Green Growth Institute | Multilateral | Funding |
Transaction Value |
Provider
Receiver |
Type | Date |
---|---|---|---|
21,579 USD (Valued at Dec 31, 2022) | Provider N/A Receiver N/A | Incoming Funds |
date_range
Jan 01, 2022
|
37,963 USD (Valued at Dec 31, 2020) | Provider N/A Receiver N/A | Expenditure |
date_range
Feb 18, 2020
|
21,549 USD (Valued at Dec 31, 2020) | Provider N/A Receiver N/A | Expenditure |
date_range
Feb 18, 2020
|