Promoting Sustainable Rural Energy Technologies (RETs) for Household and Productive Uses

Description

The project aims to reduce Ethiopia’s energy-related CO2 emissions by approximately 2 million tons of CO2e by promoting renewable energy and low greenhouse gas (GHG)-producing technologies as a substitute for fossil fuels and non-sustainable biomass utilization in the country, with a focus on rural household appliances for cooking lighting and heating.
The project consists of four components:-
Component 1: strengthened regulatory and legal framework based on national standards
Component 2: rural public awareness campaign on renewable energy technologies
Component 3: sustainable financial mechanism (SFM) for RETs for rural households
Component 4: Business incubator to promote Greater Entrepreneurship for Investment in RETs