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Africa Renewable Energy Initiative (AREI)

The Africa Renewable Energy Initiative aims:

  1. To help achieve sustainable development, enhanced well being, and sound economic development by ensuring universal access to sufficient amounts of clean, appropriate and affordable energy
  2. To help African countries leapfrog towards renewable energy systems that support their low-carbon development strategies while enhancing economic and energy security

The initiative is set to achieve at least 10 GW of new and additional renewable energy generation capacity by 2020 and at least 300 GW by 2030. AREI supports two different types of projects:

  1. Policy development projects (governance interventions like capacity building, economic instruments like guarantees and feed-in-tariffs, etc.)
  2. Renewable Energy Installation projects

AREI is in Phase I (2017-2020), where assessments, preparations, and enabling activities are being undertaken to lay the groundwork for Phase II (2020-2030), which will focus on roll-out of nationally determined policies, programs, and incentives.

Support provider 
Several international partners have provided funding.
Purpose of support 
Project and program implementation
Steps to access  

The full list of selection criteria is available here.

Climate objective 
Mitigation
Sectors and themes 
Renewable Energy, Rural
Type of support provider 
Multilateral
Type of recipient 
Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level, Non-profit or civil society organization, Community-level organization, International organization
Fund size 

USD 10 billion pledged during COP21 for phase 1, 2017-2020

Co-financing required 
No
Trustee or administrator 
African Development Bank (AfDB)
Contact information 
http://www.arei.org/