Climate Finance for Mauritius - SUNREF Project (IG)
- Region
- Southern Africa
- Sector
- Energy
- Scope
- IG
- Grant Amount
- EUR 3,750,000 - EUR 2,035,000 (transferred to SUNREF Project TA)
- Total project cost
- EUR 97,000,000
- Status
- Under disbursement
- PFG Lead Financier
- AFD
Credit line that aims at financing small and medium investments, with a view of reinforcing the market of mitigation finance initiated during SUNREF I and developed during SUNREF II and creating a demonstration effect/scaling up the market to address the adaptation to Climate change agenda of Mauritius. It also aims at promoting gender equity among projects financed.
(please visit the site for further information https://www.sunref.org/ocean-indien/).
The EU-AITF IG will be used to provide:
An additional incentive of 10% for investments meeting adaptation-to-climate change eligibility criteria; and
An additional incentive of 5% for investments meeting gender equality eligibility criteria.
Link to video - SUNREF Promoting green investments in Indian Ocean
