Mauritius submits a Funding Proposal to the Green Climate Fund

21 Oct 2016
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Funding Proposal

Accelerating the transformational change to a low carbon economy in the Republic of Mauritius.

 

The Government of Mauritius seeks assistance from the Green Climate Fund (GCF) through the United Nations Development Programme (UNDP) to fund its project on “Accelerating the transformational shift to a low-carbon economy in the Republic of Mauritius”.

 

This proposal is aimed at enhancing the deployment of renewable energy through a combination of institutional support and boosting investment in PV systems.  The MARENA will be supported with the provision of a Technical Expert to assist in the initiation of its activities. The CEB will be enabled to accept up to 185 MW on the grid while low and middle income households, NGOs and public buildings will receive a partial grant to cover the cost of PV systems falling in the category of SSDG and MSDG. Finally, the islands of Agalega will be provided with PV systems to enable them to achieve 100% renewable energy, using PV minigrids.

 

This project will be executed in the period 2017 to 2024, in two phases. Phase 1 will last from 2017 to 2019 and will be geared towards laying the foundations for Phase 2 which will be from 2020 to 2024. Successful completion of Phase 1 is required so as to move to Phase 2. To this end, a dedicated programme team will be recruited and based in the relevant partner Ministries. The key co-financing partners of this programme are the Government of Mauritius, CEB, and AFD.

 

The project will reduce GHG emission by an estimated 4.27 million tCO2e over the lifetime of the investments, result in green job creation and as well as help to alleviate poverty. Crucially, GCF Gender related policies will be implemented throughout the project execution. The project will result in the creation of 2000 jobs directly and indirectly, and leverage co-finance of above 100 million USD.

 

On 16 July 2015, the proposal was discussed and approved by a UNDP Local Project Advisory Committee (LPAC), which saw the participation of various relevant stakeholders. The proposal was discussed at length and the LPAC recommended the GCF Project Proposal document for further approval by the GCF Board. The first submission to the GCF was made on 31 July 2015. Since then the proposal has been regularly updated and adjusted to meet the requirements of the GCF Secretariat. The Funding Proposal posted online reflects those adjustments and was submitted to the GCF on 21 October 2016 by UNDP Global Environmental Finance.