Africa Renewable Energy Initiative (AREI)
The Africa Renewable Energy Initiative aims:
- 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
- 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:
- Policy development projects (governance interventions like capacity building, economic instruments like guarantees and feed-in-tariffs, etc.)
- 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
Information on how to...
Access a full list of selection criteria is available here. Reference the AREI framework for details of the initiative, including context, goals and guidelines, activity clusters, elements of the implementation strategy and governance and management.
Climate objective
Mitigation
Sectors and themes
Renewable Energy, Rural Development
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, International organization, Non-profit or civil society organization, Community-level organization
Co-financing required
No
Trustee or administrator
African Development Bank (AfDB)
Contact information
http://www.arei.org/