Notice: Trying to get property of non-object in /srv/www/html/sustainabledevelopment.un.org/root/content.php on line 225
IRENA/ADFD Financial Initiative .:. Sustainable Development Knowledge Platform
Information
  • Submitted by: International Renewable Energy Agency (IRENA)
  • Topic: Finance
  • Keywords: finance accessibility, management
  • Location: Worldwide
  • Date of completion: 2014
  • Click for more information
Deliverables & Resources
Action network
  • This voluntary initiative came from Sustainable Energy for All (SE4All)
IRENA/ADFD Financial Initiative

Partner(s)

IRENA Members and IRENA Signatories.
Open to additional partners.

Description/achievement of initiative

Provide new and additional concessional funding of $350 million over seven years for innovative pathbreaking renewable energy projects with important demonstration efforts.

Implementation methodologies

By providing new and additional concessional funding of US$ 350 million over a period of seven years for innovative path breaking renewable energy projects with important demonstration effects. The Abu Dhabi Fund for Development (ADFD) has made available US$ 350 million in new concessional funding for renewable energy projects of innovative character that are approved by IRENA.

Deliverables
Deliverable Date
First traunch of US$ 50 million will be committed. 2013
Review of experience in the first year, and the development of mechanisms for commitment of US$300 million for the next six years. 2014
Resources
Type Details
Financing (in USD) $350,000,000
Copyright United Nations Department of Economic and Social Affairs, Division for Sustainable Development | Contact | Terms of use | Site map

Notice: Trying to get property of non-object in /srv/www/html/sustainabledevelopment.un.org/root/content.php on line 553