Africa

Angola


Energy Transition

Powering Angola’s Sustainable and Inclusive Rural Transformation

Total funding allocated
US $ 362500
Co-funding by UN agencies
US $ 112500

Brief Description

The "Powering Angola’s Sustainable and Inclusive Rural Transformation" programme aims to promote renewable energy access in Angola by developing innovative financing models for rural transformation centers, empowering women-led MSMEs, and fostering economic inclusivity.

The Just Energy Transition Seed Funding track in Angola focuses on accelerating rural transformation by enhancing capacity in public and private sectors to develop innovative financing solutions for Rural Transformation Centers (RTCs) powered by clean energy. This initiative provides renewable energy access to rural cooperatives and MSMEs, particularly women-led groups, improving productivity and income while reducing inequalities. The program engages key ministries and leverages partnerships to implement scalable solutions, directly benefiting 500 individuals and contributing to climate resilience and the advancement of Sustainable Development Goals (SDGs).

Expected key results

i) Innovative renewable energy models and solutions enhanced and scalable, fostering inclusive access to sustainable energy

ii) Institutional and technical capacities strengthened to develop innovative financing mechanisms for more resilient, sustainable and climate-smart

agricultural value chains.

iii) Financing leveraged for integrated multi-sectoral solutions

iv) Contribution to Accelerating SDGs.

Quick facts

Allocated by Joint SDG Fund:
$250,000 USD
Co-funding:
$112,500 USD
Total Funding:
$362.500 USD
UN Agencies:

UNDP, FAO

Duration:
January 2025 - January 2026