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Global Energy Efficiency and Renewable Energy Fund (GEEREF)


Period
2008 - ongoing

Implementing agencies
European Investment Bank (EIB)

African partners
Private sector

Names of African partners involved

Donor involvement (incl. IOs)
Multi-donor, Multilaterals involved, Bilaterals involved

Names of donors involved (incl. IOs
European Commission, German Federal Ministry of Environment, Norway's Ministry of Development (as of 2013); advised by the European Investment Bank Group

Geographical scope
Continental

Countries where active
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde Islands, Central African Republic, Chad Republic, Comoros, Congo, Libya, Dem. Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon Republic, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali Republic, Morocco, Mozambique, Namibia, Niger Republic, Nigeria, Principe, Rwanda, Senegal Republic, Seychelles, Sierra Leone, Somalia Republic, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe, Western Sahara, Mauritius

Sectors
Renewables, Energy Efficiency

Sub Sectors (Electricity)
Electricity system, Grid connected generation

Type of intervention
Operative program / delivery mechanism (downstream)

Type of technical assistance

Gender focus
Yes

Climate focus
Yes

Type of financing
Equity

Main objectives
This fund of funds, seeks to provide access to sustainable energy and increase energy efficiency in developing countries and economies in transition.

Main activities
- Invests in funds targeting projects in emerging markets that qualify as recipients for ODA - focuses on funds developing small to medium-sized renewable energy and energy efficiency projects - GEEREF's funds concentrate on infrastructure projects that generate clean power through proven technologies with low risk. - GEEREF had invested in 6 funds across Africa, Asia, Latin America and the Caribbean as of December 2014.

Comments

Sources
www.geeref.com

Contact information
geeref@eif.org

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