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    De-risking Renewable Energy NAMA for the Nigerian Power Sector

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    Sector Energy
    Focus area Renewable energy (unspecified)
    Type of action Strategy/Policy
    Scope National
    Stage Implementation
    Submitted to UNFCCC registry No
    Start of initiative 2013
    Financing and support details
    Financing status Seeking financing
    Total cost US$ 171.53 mln
    Financing requested
    (no data)
    Financing received to-date US$ 4.4 mln
    Principal source of financing Multilateral
    Principal type of financing Grant
    Capacity building required Yes
    Technology transfer required Yes
    Additional information
    Proponent(s) Federal Ministry of Power, Federal Ministry of Environment, Energy Commission of Nigeria, Nigerian Electricity Regulatory Commission, Transmission Company of Nigeria
    International funder(s) GEF, UNDP
    Organization providing technical support
    (no data)


    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).

    Activities: (2016 - 2036)
    The 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.

    Impact and MRV

    No Data Available.png
    Cumulative GHG reductions: 1.6 MtCO2e
    Mitigative capacity:

    No information has been provided on mitigative capacity


    Social: * health benefits
    • energy access
    Economic: * job creation
    Environmental: * reduced emissions

    MRV Framework:
    No MRV plan has been defined


    The NAMA is expected to leverage about 167M$ of co-financing from the national government, bilateral aid agencies, financial institutes as well as private sector.
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