Environmental Alert in partnership with the World Wide Fund for nature – Uganda Country Office is implementing a project titled, ‘Increasing access to sustainable and renewable energy alternatives in the Albertine Graben.’ This is a 4 years project (2017-2020) with financial support from the Norwegian Agency for Development Cooperation (NORAD).
One of the project outcomes is ‘central and district local government have put in place an enabling environment (policies, strategies and incentives) to increase energy access and improve energy efficiency for cooking and conservation’.
In line with this outcome, there is already an earlier study that was conducted by Environmental Alert on’ unlocking Financing and investments for Clean and Renewable Energy Access in Uganda,’ .The study indicated that although financing and investments towards renewable energy has been increasing over the last decade, there are still gaps in accessing credit for private sector investment in the sub sector.
Against that background, a consultant was commissioned to undertake a study on the current finance mechanisms for private sector investment in renewable energy access, clearly documenting the various financial products, procedures, rules & regulations, challenges/limitations and emerging issues in respect to access to credit financing for renewable energy access.
It is based on this that Environmental Alert is organinsing a validation workshop for the findings on the current mechanisms for private sector investment in renewable energy.
Date: 10th September, 2019
Venue: Eureka place Hotel