Asia Pacific

Maldives


Small Island Developing States Integrated Policy
Energy Transition

Accelerating Maldives transition to Renewable Energy

Total funding allocated
Small Island Developing States Integrated Policy
US $ 313429
Co-funding by UN agencies
Small Island Developing States Integrated Policy
US $ 63429

Brief Description

The joint programme titled 'Accelerating Maldives transition to Renewable Energy' aims to provide catalytic funding and technical assistance to help the Maldives achieve its renewable energy goals and transition towards a sustainable energy future.

Expected key results

1. Produce options for Maldives in support of available SDG financing instruments through market-based approaches; 2. Provide technical assistance to strengthen governance and resource mobilisation capacity of public trust funds to assist energy transition, 3. Enable institutional environment that would implement large scale blended finance energy transition initiatives in Maldives

Quick facts

Allocated by Joint SDG Fund:
$250,000 USD
Co-funding:
$63,429 USD
Total Funding:
$313,429 USD
UN Agencies:

UNDP, UNCDF

Duration:
December 2024 - December 2025