MIRREIA EIE/04/034/S07.38601 1 MIRREIA Mitigating Risk and Strengthening Capacity for Rural Electricity Investment in Africa EIE/04/034/S07.38601 Jan 05.

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Presentation transcript:

MIRREIA EIE/04/034/S MIRREIA Mitigating Risk and Strengthening Capacity for Rural Electricity Investment in Africa EIE/04/034/S Jan 05 to July 07 (30 months) Project supported by the “Intelligent Energy – Europe” Programme of the European Community SUMMARY SLIDES

MIRREIA EIE/04/034/S Aims / Objectives of the project Promote and encourage the use of renewable energy as a means to alleviating poverty in sub-Saharan Africa and protecting the local and global environment; Identify and define means to mitigate the major financial, policy and regulatory risks to private sector investment in RE; and Assist key stakeholders to improve market conditions and set the framework to assist project developers invest in viable, successful renewable RE projects and activities that lead to significantly improved energy efficiency, both on the supply and the demand side.

MIRREIA EIE/04/034/S Activities (Work Packages) 1. State of play review in each country to provide overview of existing situation 2. State of play internationally – Europe and relevant developing countries 3. Initial assessment of the risks and barriers to investment and finance in renewable rural electrification 4. ‘Learning by doing’ support for 6 to 10 key project developers 5. Detailed assessment of policy and poverty alleviation aspects 6. Finance risk assessment, mitigation and development of investor manual 7. Dissemination 8. Common Dissemination Activities

MIRREIA EIE/04/034/S Activities/ Achievements Project website established State of play reports for each country completed and disseminated and uploaded to project website International case studies completed and disseminated Assessment of key barriers and risks to investment completed for each country Database of key stakeholders from private and public sectors developed Key policy makers and stakeholders engaged in process Project developer assistance provided for renewable energy and rural energy projects in Kenya, Uganda and Tanzania Regional workshop held in Nairobi for key policy makers in conjunction with e7/ UNEP Assessment of availability of finance and opportunities and barriers to investment in the region Investor workshop held in Nairobi Comprehensive investor guidelines on legal and regulatory procedures and finance developed for each country and disseminated to key stakeholders

MIRREIA EIE/04/034/S Contact Details Co-ordinator: –Energy for Sustainable Development (ESD) Ltd, UK Contact: Jonathan Curren Partner: –Wazee, Denmark Local subcontractors –ESDA (Kenya) –TRCL (Tanzania) –Power Networks (Uganda) –Sustainable Transactions (South Africa) Project website