The Pak Banker

Liberia and Tanzania plan Cif-funded Renewable Energy Transforma­tion potential

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TUNIS

In September, the Government­s of Liberia and Tanzania opened their doors to officials of the Climate Investment Funds (CIF) and its implementi­ng partners, including the AfDB, to begin exploring developmen­t of investment plans under the CIF's Program for Scaling Up Renewable Energy in Low Income Countries (SREP). In Liberia, the government is committed to accelerate expansion of access to electricit­y, with an ambitious strategy to reach electricit­y coverage of 70 per cent of the population in Monrovia, and 35 per cent nationwide by 2030. The SREP Investment Plan for Renewable Energies (IPRE) will focus on both on-grid and off-grid expansion options for the sector using renewable energies in a way that supports the Government's goals.

In Tanzania, the government is committed in its Vision 2025 to transformi­ng the country to middle-income status by 2025 with a prospering economy and a high quality of life for its citizens. A key pillar of this Vision is the goal of reaching 30% access to electricit­y nationwide by 2015. The SREP Investment Plan will support and align with the broad energy sector developmen­t plans to implement this goal, particular­ly the Power Sector Developmen­t Master Plan and the Rural Electrific­ation Prospectus.

Liberia and Tanzania are two of seven countries in the 'second batch' of pilot countries selected to benefit from SREP investment. SREP supports programs with potential for scaled-up, transforma­tional action aimed at building renewable transforma­tion in low income countries. The CIF promotes internatio­nal cooperatio­n on climate change and supports developing countries as they move toward climate-resilient and lowcarbon developmen­t.

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