The Mobilising Investment (MI) project for NDC implementation was a three-year project focused on interventions within seven target countries: Bangladesh, Dominican Republic, Ethiopia, Kenya, Peru, Philippines and Vietnam, supported by the Federal Government of Germany’s International Climate Initiative (IKI). The overarching objective of the project was to support public and private sector to create favourable conditions for private financing of NDC implementation in Ethiopia by de-risking investments and increasing the scale of demand.
We conducted a study to set up platform for the investment case development to further the Ethiopia IKI MI workplan. As part of the study, we identified the capacity constraints within the Ethiopian Energy Authority (EEA) and the Ethiopian Electric Utility (EEU) and other relevant stakeholders. We provided initial insights into factors required to develop different off-grid financial and business models to ensure that off-grid energy is viable for the investors and financiers in Ethiopia.