165 Villages in Tanzania to Get Solar-Powered Water Pumps
Dar es Salaam, September 24, 2019. About 165 rural Tanzanian villages in nine regions* will have access to a sustainable water supply through improved solar pumping systems.
Expanding Electrification to Low-income Households in Rural Ghana with Microfinance
In Ghana, blended finance helped improve affordability for rural Ghanaian household investments in off-grid renewable energy technologies. Local banks extended credit blended with concessional finance from the World Bank to rural low-income households for acquisition, installation and maintenance of solar home systems (SHSs).
Improving Electricity Access for Low-Income Households in Zambia
In 2015, the Global Partnership on Output-Based Aid (GPOBA) approved a US$4.95 million grant to increase access to grid-based electricity services for 22,000 low-income households and 5,000 micro and small enterprises (MSEs) in urban and peri-urban areas through use of targeted subsidies, with the aim of reaching low-income communities who would otherwise have gone unserved.
Expanding Electricity to Low-Income Customers in Liberia
In 2011, GPOBA provided a grant to the local power utility, Liberia Electricity Corporation (LEC), to ensure broad-based and inclusive access to electricity and significantly improve living conditions among the poor in low-income households in Monrovia.
Extending Access to Clean Energy for Low-Income Households in Rural Bangladesh
In Bangladesh, a blended finance approach has been used to extend access to off-grid electricity for rural low-income households. An output-based aid (OBA) grant in combination with microcredit from local partner organizations (POs)—mostly nongovernmental organizations (NGOs) with experience in microfinance—enhances affordability of clean energy technology for low-income consumers.
Maximizing Finance for Development through RBF
Given the significant financing gap to meet the needs of developing countries and achieve the United Nations’ Sustainable Development Goals*, governments, multilaterals and other development partners are increasingly looking to the private sector to help fill this gap.
Lessons Learned Ghana Solar Home Systems
The webinar will discuss the project in detail, exploring how RBF can be used to maximize financing for development in renewable energy.