Core Area “Climate and energy, just transition” Reliable power supply, climate action, more jobs
The activities are geared towards increasing private investment in this field, thus creating jobs, providing electricity for more people, and simultaneously contributing towards achieving climate goals. Côte d'Ivoire has made a commitment to reduce its CO₂ emissions by about 30 per cent by 2030 against a business-as-usual scenario.
The BMZ provides support to the country's efforts to expand and modernise the power grid and generate additional electricity via grid-based, privately operated solar installations. In 2023, the first grid-connected solar power station will start operating, which has been built with German and European funding. It will provide clean energy for about 35,000 rural households. The power plant will also save at least 35,000 tonnes of carbon emissions per year. A new guarantee mechanism will make it easier for local banks to grant loans to businesses wishing to invest in renewable energies.
In order to back up these measures, Germany is supporting the compilation of market and needs studies, providing advice on reforming the electricity and finance sectors, and helping to improve vocational training in the fields of solar energy and increased efficiency. Support is also being provided to the Ivorian government with regard to the implementation of its Electricity for All programme, with a view to giving poor rural households access to power.
As at: 09/02/2023