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Canada’s Total Climate Finance Contribution:
$200,000 CAD
- 2010 to 2011: $200,000 CAD
Targeted Countries:
Uganda
Funding Period: 2010 to 2011
Financial Instrument:
Concessional Loan
Type of Support:
Mitigation
Project Funded through a Canadian Facility:
IFC - Canada Climate Change Program (CCCP)
Delivery Partner(s):
Description
The IFC-Canada Climate Change Programme financed advisory services to support the structuring and development of a 4.4 megawatt (MW) small hydropower plant in the rural West Nile region of Uganda. The project is advising a local company in identifying and selecting, through a competitive bid process, a sponsor that would develop and operate the power plant under a public-private partnership (PPP) agreement.
Results/Expected Outcomes
With support from Canada, this project is expected to mobilize an additional $915,000 in co-financing from public and private sources and lead to an estimated greenhouse gas emissions reduction of 11,000 metric tons of CO2 per year.*
Co-Financing/Mobilized Finance ($CAD):
$915,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *:
11,000