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The Energy and Environment Partnership (EEP) is a program which promotes renewable energy, energy efficiency, and clean technology investments. The EEP program in Southern and East Africa (EEP S&EA) started in March 2010 and is jointly funded by the Ministry of Foreign Affairs of Finland (lead donor), The Austrian Development Agency (ADA) and the UK’s Department for International Development (DFID). The overall objective of the EEP S&EA is to contribute to the reduction poverty by promoting inclusive and job-creating green economy and by improving energy security in the Southern and East Africa regions while mitigating global climate change. For further information go to www.eepafrica.org.
The Global Climate Partnership Fund (GCPF) is an investment company under Luxembourg law that tackles the shortage of appropriate financing for low-carbon projects in developing economies. The Fund focuses on financing energy efficiency and renewable energy projects for SMEs and private households, primarily in cooperation with local financial institutions, but also directly. Established by the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) and KfW Entwicklungsbank in 2009 as a public-private partnership, GCPF is managed by responsAbility Investments AG, a leading asset manager in the area of development investments.
InfraCo Africa seeks to alleviate poverty by mobilising investment into infrastructure projects in sub-Saharan Africa. It does this by reducing the risks and costs of early-stage project development: funding teams of experienced developers and providing public risk capital to those projects which need the financial commitment and leverage that InfraCo Africa can bring. InfraCo Africa has committed up to US$5m to Redavia, to fund the development and growth of its containerized solar PV business in Tanzania. InfraCo Africa is part of the Private Infrastructure Development Group (PIDG). Established in 2004, it is managed as a private company although funded by the governments of Switzerland (SECO), the Netherlands (DGIS) and the UK (DFID). For further information go to www.infracoafrica.com
PIDG encourages and mobilises private investment in infrastructure in the frontier markets of sub-Saharan Africa, south and south-east Asia, to help promote economic development and combat poverty. Since 2002, PIDG has supported 154 infrastructure projects to financial close and provided 222 million people with access to new or improved infrastructure. PIDG is funded by donors from seven countries (UK, Switzerland, Australia, Norway, Sweden, Netherlands, Germany) and the World Bank Group. For further information go to www.pidg.org.
REEEP is an international multilateral partnership that works to accelerate market-based deployment of renewable energy and energy efficient systems in low- and middle-income countries. REEEP invests in clean energy markets in those countries to reduce CO2 emissions and build prosperity. Leveraging a strategic portfolio of high impact investments, REEEP creates, adapts and shares knowledge to build sustainable markets for renewable energy and energy efficient solutions; advance energy access, improve lives and economic opportunities; and reduce climate and environmental damage. For further information go to www.reeep.org.
Shell Foundation is an independent UK-registered charity established by the Shell Group in 2000 to create and scale new solutions to global development challenges. We apply business thinking to major social and environmental issues linked to the energy sector – and seek to leverage the skills and networks of Shell where possible to deliver greater development impact. For further information go to www.shellfoundation.org.