09 April 2019 | Articles
The Abu Dhabi Fund for Development (ADFD) finances innovative projects to expand sustainable energy access as part of a joint initiative with the International Renewable Energy Agency (IRENA). ADFD committed USD 350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles starting in 2013.
The IRENA/ADFD Project Facility helps strengthen energy and climate sustainability, improve health and education, and stimulate local economic development across Africa, Asia, Latin America, the Caribbean and the Pacific.
This report reviews the progress of 18 projects from the first six cycles that have subsequently advanced through various stages of implementation. Eight projects reached construction or installation stage and four were generating renewable power for beneficiary communities by the end of 2019.
The IRENA/ADFD partnership aims to fulfil United Nations-endorsed Sustainable Development Goals (SDGs) and meet the development needs of countries worldwide with renewable energy.