GGGI’s objective in Vanuatu is to support the government’s operationalization of the National Green Energy Fun and to mobilize financing for green energy projects.
Strategic Outcome Targets
|GHG Reductions||Target Setting in Progress|
|Green Jobs||Target Setting in Progress|
|Sustainable Services||Target Setting in Progress|
|Air Quality||Target Setting in Progress|
|Ecosystem Services||Target Setting in Progress|
|Enhanced Adaptation to Climate Change||Target Setting in Progress|
Vanuatu, a Small Island Developing State (SIDS) consisting of more than 80 remote islands, is highly vulnerable to climate change. The country’s population of about 235,000 is dispersed across 65 of its islands, many of them far from the urban centers of Port Vila and Luganville. Approximately 73% of Vanuatu’s population does not have access to electricity, with the majority living in rural areas. While Vanuatu’s economic performance has improved in recent years, its remoteness, small market size and limited institutional capacity remain key barriers to green growth.
In collaboration with the World Bank, GGGI provided technical assistance to the Department of Energy for the revision of the National Energy Road Map (NERM) which identified five strategic areas for policy intervention in the energy sector: accessible energy, affordable energy, secure and reliable energy, sustainable energy, and green growth. In addition, a financing gap of at least $20 million was identified to achieve national energy access targets.
The National Green Energy Fund (NGEF) in order to address the issues around financial resources for energy access. The objective of the NGEF is to improve electricity access through renewable energy and to enhance energy efficiency throughout the country, in particular for rural households and business. The NGEF is part of the revised NERM, and will be used as a tool to implement the objectives of the NERM to achieve 100% rural electrification and promote business and income-generating activities in the rural areas through use of renewable energy. In addition, the Department of Energy has prepared a study on rural electrification through solar mini-grids as a means to improve electricity access to households and business, and is also conducting a nationwide hydropower resource assessment. GGGI has also assisted in identifying potential renewable energy projects by developing a pipeline of project ideas on solar mini-grids, renewables for tourism, rural water supply, and biomass for electricity.
Improving access to renewable energy will have a significant impact on poverty reduction and social inclusion, given its contribution to green growth in other sectors, including tourism, agriculture, and water. Ensuring the availability of financing, as well as developing the capacity of the government to deploy resources for the implementation of renewable energy and energy-efficiency projects, will be a critical area for continued GGGI support.
News • May 28, 2018
GGGI signs a Funding Agreement with Luxembourg to enhance climate resilience through solar power-driven access to water in rural areas in Vanuatu
Seoul, Republic of Korea, May 28 – The Global Green Growth Institute (GGGI) signed a Funding Agreement with the Government of the Grand Duchy of Luxembourg today to work on a project which aims to enhance climate resilience through solar power-driven access to water in rural areas of Outer Islands in Vanuatu. The Agreement was signed […]
News • May 16, 2018
Two events were held in Port Vila on May 15 and 16 for the National Green Energy Fund (NGEF), a Stakeholder Workshop and an Investor Forum by the NGEF Unit under the Ministry of Climate Change supported by the Global Green Growth Institute (GGGI) and the Green Climate Fund (GCF). The NGEF is the first national […]
News • May 4, 2018
From the NDC Partnership. The Pacific is home to small island countries that are already experiencing the devastating effects of climate change, including rising sea levels and an increase in natural disasters. While the region has made significant development progress, economic growth is hampered in many of these countries by their isolation from major markets […]
News • April 9, 2018
The Global Green Growth Institute, together with GIZ, the Secretariat of the Pacific Regional Environment Program (SPREP), and the Secretariat of the Pacific Community (SPC) are among a group of partners working together to create a new initiative aimed at assisting Pacific island countries with achieving their Nationally Determined Contributions (NDCs) under the Paris Agreement. […]
News • April 6, 2018
GGGI was the main sponsor among other regional and international development agencies to host and share climate finance experiences with private sector and industry representatives at the recent Climate Finance Tradeshow in Vanuatu. The two-day event (4th and 5th April 2018) was held at the Le Lagoon Warwick Hotel and was well attended by more […]
News • March 6, 2018
Promoting Green Growth to Meet Global Aspirations for Gender Equality By Frank Rijsberman SEOUL, Mar 6 2018 (IPS) – The world has seen tremendous economic growth over the last decades, which has led to poverty reduction and increased welfare for millions of people. Environmental sustainability and social inclusiveness are key to the resilience of these gains and […]
News • November 28, 2017
GGGI and Government of Vanuatu are steadily moving toward to legally establish National Green Energy Fund
It was a busy week for the development of the National Green Energy Fund (NGEF) in Vanuatu. On November 22nd and 24th, GGGI and the Government of Vanuatu (GoV) held NGEF technical workshops in Luganville and Port Vila where different topics were discussed such as Renewable Energy and Energy Efficiency technologies and several financing options. […]
News • October 26, 2017
A signing ceremony was held on October 13 at the Energy4All premises in Port Vila between the Government of Vanuatu, represented by the Director General of the Ministry of Climate Change, Mr. Jesse Benjamin and the Global Green Growth Institute (GGGI), represented by Ms Katerina Syngellakis, the GGGI Pacific Regional Representative, for the transfer of […]
News • April 24, 2017
A report on ‘Vanuatu Energy Demand Projections: Business As Usual Scenario’ was officially launched on the 20th of April, 2017 at Holiday Inn Resort by the Acting Director of Department of Energy, Mr. Christopher Simelum and the Global Green Growth Institute’s (GGGI) Representative for Fiji and Vanuatu, Ms Katerina Syngellakis. This report was prepared with […]
News • December 22, 2016
Around the world, Vanuatu is known as one of the most culturally-rich and stunning places on earth. Tourists holiday here each year to take in its unique culture and natural landscape, with the tourism industry contributing around 50% of the country’s economy. But, bringing vacationers and the economic benefits they provide to the more remote […]
News • October 19, 2016
The updated Vanuatu National Energy Road Map (NERM): 2016-2030 was formally launched by the Minister of Climate Change, Ham Lini, yesterday afternoon at the Meteo Complex in No. 2, Port Vila, in the presence of Government officials and representatives from the development partners and energy stakeholders. Read the full article at the Vanuatu Daily Post.
Vanuatu National Green Energy Fund (NGEF)
|Start Date||Q1 2016|
Vanuatu National Green Energy Fund (NGEF)
|Start Date||Q4 2016|
|Funding Source||Core and Green Climate Fund (GCF Readiness Project)|
|Approved Budget||USD 10 000 000|
Mobilizing Finance for Green Energy Projects in Vanuatu
|Start Date||Q1 2017|
|Approved Budget||USD 2 002 000|