Accessible finance for renewable energy projects in developing countries
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have collaborated on a joint Project Facility to support replicable, scalable and potentially transformative renewable energy projects in developing countries. ADFD committed USD 350 million in concessional loans, over seven annual funding cycles, to renewable energy projects recommended by IRENA.
“The IRENA/ADFD Project Facility has identified path breaking renewable energy projects providing sustainable and affordable energy for those who need it most.”
Mr. Adnan Z. Amin, IRENA Director-General
* The designations employed and the presentation of materials herein do not imply the expression of any opinion whatsoever on the part of the International Renewable Energy Agency concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries.