GET.invest

Start Year

2018

End Year

2022

Status

Geographical Scope

GET.Invest

Description

GET.invest is a European programme which supports investments in decentralised renewable energy. The programme targets private sector business and project developers, financiers and regulators to build sustainable energy markets in developing countries. Services include market information, a funding database, matchmaking events and access-to-finance advisory. The programme is supported
by the European Union, Germany, Sweden, the Netherlands, and Austria, and works closely with initiatives and business associations in the energy sector. GET.invest runs on the multi-donor platform
GET.pro (Global Energy Transformation Programme) and is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). Find out more at www.get-invest.eu.

Main Objectives

To mobilise private investment in renewables and access to energy in emerging and developing countries, and to support renewable energy markets.

Main Activities

Activities aim to mobilise the private sector and build a pipeline of investment-ready projects and companies: Market information and a funding database, information events and matchmaking sessions, customised access-to-finance advice via the GET.invest F

Outcomes and Impact

750+ applications for support from the GET.invest Finance Catalyst
100+ renewable energy projects and businesses receive support in accessing finance
50+ applicants have been successfully supported in accessing financing
To date, this has contributed to an estimated investment volume of €812,555 million for decentralised renewable energy projects and companies in developing countries, leading to access to clean energy and a climate-friendly future.

Type of Technical Assistance

Annual Budget (in millions)

5.00

Currency Used

Euro

Energy Sectors and Subsectors

Energy Access
Energy Efficiency
Electricity
Mini-grids
Off-grid/Stand-alone Systems
Renewable Energy
Hydropower
Solar Energy
Tidal / Wave Energy
Wind Energy
Clean Cooking Energy

Agenda 2063 Focus

Aspiration 1: Inclusive Growth and Sustainable Development
Aspiration 7: Africa global influence

Sources

https://www.get-invest.eu/

 

Brought to you by:

AEEPAFRECAfDB      AUDA-NEPAD     SE4All Africa Hub