Launched on the first International Day of Clean Energy and developed under UNDP’s Climate Aggregation Platform, this report series seeks to demystify financial aggregation and raise awareness about its potential to enable investments in Distributed Renewable Energy (DRE) in East Africa and help address the energy access financing gap.
The broader East African region, home to millions benefiting from DRE solutions, still faces challenges in universal energy access. The series explores the nuances of each market and offers strategic insights for advancing financial aggregation in the DRE sector. It aims to advance our understanding of the key precursors of financial aggregation and the readiness of different sub-sectors (off-grid solar, mini-grids, captive power, e-mobility) in the region, shedding light on the barriers that persist and the opportunities that exist in the market, and providing actionable recommendations to help unlock financial aggregation’s potential.
Part one of the report series examines the potential of financial aggregation for Distributed Renewable Energy (DRE) in East Africa.