ECREEE, GGGI Announce $75 Million For Renewable Energy Facility For with Africa
The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and the Global Green Growth Institute (GGGI) are proposing to establish a new blended finance facility of USD 75 million called the ECOWAS Renewable Energy Facility (EREF) 2030 to grow businesses in West Africa.
The partners in a statement said the fund will support small and medium sized renewable energy and energy efficiency (RE&EE) projects and businesses in rural and peri-urban areas of the ECOWAS member countries to mitigate the region’s challenges of access to renewable energy.
Photo courtesy of andreas160578.
Source: Leadership News (link opens in a new window)