In 2015, the United Nations member states defined the seventh Sustainable Development Goal as: “Ensure access to affordable, reliable, sustainable and modern energy for all”.
As a means of stimulating additional private sector investments in low income countries, the African Development Fund (ADF) introduced the Partial Risk Guarantee (ADF-PRG) instrument as part of the Twelfth General Replenishment of the ADF (ADF-12)
Access to sustainable energy is a key enabler for economic growth, health, education, and helps provide opportunities to all generations and populations.
The project is developed as one of the key European responses to the Sustainable Energy for All initiative.
Energy poverty is a global problem: access to energy services is crucial to meet basic household needs, deliver and access public services, and generate income.