IFC: $ 4-5 million investment in clean energy

Yokohama Action Plan

[1]Support the formulation of policies and plans to expand usage of renewable energy, and assist renewable energy programmes including facilitating transfer of management and maintenance technology.

Proposed Measures by Japan/Implementing Partners

● Support development and use of clean energy, including solar energy, through sector strategy and policy formulation and investment in renewable energy

Potential Resources, Possible Contributions

IFC: $ 4-5 million investment in clean energy developed under the Africa off-grid lighting programme and joint facilities for sustainable energy investments with up to $ 100 million on IFC’s own account

Implementing Partners

GoJ/WBG

Related Links

GoJ: Support by "Cool Earth Partnership" and "Hatoyama Initiative" (*)
WBG: Co-finance key regional hydropower projects

Current Status of Implementation 2009

Country

Uganda/Gambia/Ghana/Tanzania

Status

$ 20.75 million*
*Percentage of IFC investment directly attributed to climate change

More information

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Budget

Uganda ($ 12.78 million), Gambia ($ 0.2 million), Ghana ($ 0.05 million), Tanzania ($ 7.71 million)

Current Status of Implementation 2008

Country

Djibouti/South Africa/Kenya/Ghana/Niger

Status

$ 34.4 million*
*Portion of net IFC investment directly attributed to climate change

More information

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Budget

Djibouti ($ 4 million), South Africa ($ 20 million), Kenya & Ghana ($ 6.4 million), Nigeria ($ 4 million)