Publication date: 25 January 2024
Author: UNDP
Description: This Uganda country report is part of a three-part series on Distributed Renewable Energy (DRE) in East Africa. It includes actionable recommendations and serves as a reference for policymakers, investors, and stakeholders interested in innovative financial solutions to solve the SDG7 financing gap in Uganda.
To achieve universal energy access in Uganda by 2030, connecting 6.1 million additional customers requires a $5.5 billion investment in on-grid and off-grid systems. The distributed renewable energy (DRE) sector, crucial for this goal, remains underfunded. This country report explores financial aggregation as a solution to align funding needs with investor requirements. The report assesses Uganda's market readiness for DRE financial aggregation, addressing barriers and presenting an action plan. It serves as a reference for policymakers, investors, DRE companies, and development finance institutions, contributing insights from extensive research and interviews.
