“Global LPG Partnership“ (GLPGP) aims to set up a fund structure, whose objective is to refinance Microfinance Institutions (MFIs) providing adequate financing programmes to households and local Small and Medium Enterprises in order to unlock demand for LPG cooking appliances. With the support of adequate financing programmes customers are expected to overcome the initial costs resulting from switching to LPG. By providing the necessary seed capital, the EU-ITF investment grant will enable the setup of the intended fund structure which supports the creation of a sufficiently stable demand needed to attract the supply side to invest in the LPG supply chain. It will further release additional financial resources urgently needed to scale-up the project and achieve the intended large-scale social and environmental impact.
The EU-AITF SE4ALL grant of up to EUR 1.7 million will finance a feasibility study for the preparation of this regional programme in three pilot countries, Kenya, Ghana and Cameroon. The feasibility study will identify and develop investments and policy recommendations to unlock and grow the market for LPG as a major solution for clean cooking on a rapid and large scale.