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De-risking Renewable Energy NAMA for the Nigerian Power Sector
Capacity building support Yes  +
Contact name benoit.lebot@undp.org marina.olshanskaya@undp.org
Country name Nigeria  +
Currency US$  +
Description of activities The NAMA has four components: * Policy andThe NAMA has four components: * Policy and institutional framework for private investment in on-grid renewable power generation. * Financial de-risking instruments for private investment in on-grid renewable power generation. * Grid management to absorb intermittent but predictable renewable energy. * First commercial on-grid RE projects, with 100 MW of additional RE-based power generation capacity. The GEF has approved a project, in April 2016, to support the Federal Government of Nigeria (FGN) in the development and implementation of this RE NAMA for the Nigerian Power Sector.his RE NAMA for the Nigerian Power Sector.
Economic benefits * job creation
End of implementation 21 October 2036  +
Environmental benefits * reduced emissions
Financial support Yes  +
Financing received to-date 4.4  +
Financing status Seeking financing  +
Highlight Yes
International funder GEF , UNDP
Last edited 21 October 2016 07:24:33  +
Objective The main objective of the NAMA is to increase the share of renewable power generation in Nigeria up to 10% by 2020 (excluding large hydro).
Proponent Federal Ministry of Power , Federal Ministry of Environment , Energy Commission of Nigeria , Nigerian Electricity Regulatory Commission , Transmission Company of Nigeria
Scope of action National  +
Sector name Energy  +
Social benefits * health benefits * energy access
Source of financing Multilateral  +
Stage Implementation  +
Start of implementation 21 October 2016  +
Start of initiative 21 October 2013  +
Sub-sector Renewable energy (unspecified)  +
Technology transfer support Yes  +
Title De-risking Renewable Energy NAMA for the Nigerian Power Sector
Total cost 171.53  +
Total emission reductions 1.6  +
Type of NAMA Supported (with unilateral elements)  +
Type of action Strategy/Policy  +
Type of financing Grant  +
UNFCCC registry submission false  +
Has queryThis property is a special property in this wiki. De-risking Renewable Energy NAMA for the Nigerian Power Sector + , De-risking Renewable Energy NAMA for the Nigerian Power Sector +
Has improper value forThis property is a special property in this wiki. NAMA short description  + , NAMA Image  +
Categories NAMA  + , Africa  +
Modification dateThis property is a special property in this wiki. 21 October 2016 07:23:57  +
Has subobjectThis property is a special property in this wiki. De-risking Renewable Energy NAMA for the Nigerian Power Sector +
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De-risking Renewable Energy NAMA for the Nigerian Power Sector + Is reference and notes of
 

 

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