At a Glance
|Strategic Outcomes||SO1 Reduced GHG emission, SO2 Creation of green jobs, SO6 Enhanced adaptation to climate change|
|Start Date||Q1 01-01-2020|
|End Date||q4 31-12-2025|
|Actual Budget (USD)||0|
|Actual Expenditure (USD)|
|GGGI Share (USD)|
|Poverty and Gender Policy Markers|
|Name of Client (Lead/Prime implementer if GGGI is part of a consortium)|
|Participating Organization (Funding/donor)||Denmark: Ministry of Foreign Affairs|
|Name of consortium members, if any||International Solar Alliance (ISA)|
The three key resources – food, water and energy – are inextricably co-dependent. This nexus is currently stuck in a negative loop, where rising food demands is leading to over extraction of water resources through the indiscriminate use of diesel/grid powered agricultural pumpsets.
Addressing this negative loop and the associated market failures require innovative and scalable solutions.
Deployment of solar irrigation systems will shift the Food-Water-Energy nexus into virtuous cycle of conserving water, increasing farm income, and increasing energy efficiency of ground and surface water irrigation. Solar irrigation systems shall also enable adaptation of climate smart agriculture practices in member countries.
GGGI and ISA will collaborate as technical partners as well as assist member countries in mobilizing financial support for deployment of solar irrigation systems.
ISA and GGGI will also collaborate to develop an ecosystem that is conducive for implementation of off-grid and grid connected solar irrigation systems in its member countries including preparation of innovative business models, developing bankable projects, strengthening institution capacity Country.
Finally, GGGI and ISA will work towards establishing a trust fund to operationalize the 1 million solar pump initiative in target countries.
A Project Management Unit (PMU), constituting of members from ISA and GGGI, will oversee the program execution and management.
Once the program is capitalized and fully implemented, it can
- reduce emissions by approximately 2.8 million tons of CO2e,
- create 50,000 green jobs in target countries,
- increase agricultural productivity by 5-10%,
- mobilize USD 5 billion in green investments.