FP222
Renewable Energy Performance Platform (REPP 2)
Renewable Energy Performance Platform (REPP 2)
Despite being among the lowest contributors to global greenhouse gas emissions (GHG), countries in sub-Saharan Africa have already experienced widespread loss and damage due to climate change. These impacts range from biodiversity loss to water shortages and reduced food production leading to slower economic growth. In some countries, energy is still dominated by fossil fuels, especially in off-grid rural areas where energy production relies heavily on biomass and diesel generation. Without improving their adaptation capacity, the impacts from climate change are expected to further harm rural livelihoods in these countries.
The REPP 2 program will deliver climate impact by leveraging private sector funding to promote investments in small-scale renewable energy projects in nine sub-Saharan countries, seven of which are classified as least developed. The project will help address the current limited investor appetite and market barriers in the sub-Saharan region by providing blended finance to support smaller-scale renewable energy projects thereby bolstering the climate resilience of both small businesses and households. The project is expected to improve access to clean energy for more than 7.7 million people in some of sub-Saharan Africa’s hardest-to-reach regions. It will also strengthen the capacities of local developers in environmental, social, governance and financial structuring to attract investments from both concessional and commercial sources.
Project timeline
Pipeline
27 Jul 2021 - 821 days
Concept note received
27 Jul 2021
Funding proposal received
20 Oct 2022
Cleared by GCF Secretariat
25 Apr 2023
Legal opinion on AE's Internal Approval
31 Jul 2023
Cleared by iTAP
02 Oct 2023
Approved
25 Oct 2023 - 394 days so far
Approved by GCF Board
25 Oct 2023
FAA executed
16 Oct 2024
Under implementation
To be completed
One region
- Africa
Nine countries
- Cameroon
- Democratic Republic of the Congo (the)
- Lesotho
- Madagascar
- Malawi
- Niger (the)
- Nigeria
- Sierra Leone
- Zambia
Two priority groups
- Least Developed Countries
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing
Instrument | Amount |
---|---|
Equity | USD 50,000,000 |
Total GCF Financing |
---|
USD 50,000,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 15,000,000 |
Co-Financing | Equity | USD 90,000,000 |
Co-Financing | Equity | USD 50,000,000 |
Co-Financing | Loan | USD 35,000,000 |
Co-Financing | Equity | USD 10,000,000 |
Total Co-Financing |
---|
USD 200,000,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Entity
Camco Management Limited
Managing Director
Address: 28 St John’s Square, London EC1M 4DN,, London, United Kingdom
Policy and Partnerships Manager
Ikigai Lavington, 90 James Gichuru, Nairobi, Kenya
More contacts
National Designated Authority
Ministry of Environment, Protection of Nature and Sustainable Development (MINEPDED)
Secretary General
Boulevard du 20 Mai, Immeuble Ministériel No. 2, P.O Box 320, Yaoundé, Cameroon
National Coordination of the Green Climate Fund
National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
Ministry of Energy and Meteorology
Director (a.i.) Lesotho Meteorological Services
Deputy Principal Secretary
Ministry of Energy and Meteorology Private Bag A91, Maseru, Lesotho
Ministry of the Environment and Sustainable Development
Director of the National Office for Climate Change Coordination
B.P 3948, Rue Toto Radola - Antsahavola, Antananarivo, Madagascar
Environmental Affairs Department
Director
Environmental Affairs Department Private Bag 394 Lilongwe 3, Malawi, Lilongwe, Malawi
National Council of the Environment for Sustainable Development (CNEDD)
Executive Secretary
Cabinet du Premier Ministre, PL 17 Rue du Gouverneur Jules Brévié, BP 10193, Niamey, Niger, Niamey, Niger (the)
National Council on Climate Change
Special Presidential Envoy on Climate Action (SPEC)
Office of the President of the Federal Republic of Nigeria, State House, Abuja, Nigeria
Director-General and Chief Executive Officer
14 Vistula Close, Maitama, FCT, Abuja, Nigeria
Environment Protection Agency
Executive Chairman
92 Dundas Street, Freetown, Sierra Leone
Chief Director
92 Dundas Street, Freetown, Sierra Leone
Ministry of Green Economy and Environment
National Coordinator
Environmental Specialist Readiness Support
Documents
Title | Type | Date |
---|---|---|
Renewable Energy Performance Platform (REPP 2) | Approved funding proposal | 24 Nov 2023 |
Gender action plan for FP222: Renewable Energy Performance Platform (REPP 2) | Gender action plan | 25 Oct 2023 |
Gender assessment for FP222: Renewable Energy Performance Platform (REPP 2) | Gender assessment | 25 Oct 2023 |
Environmental and social safeguards (ESS) report for FP222: Renewable Energy Performance Platform (REPP) 2 | Environmental and Social Safeguards report | 14 Jul 2023 |