INTERFINi attended IKI SOARING Workshop on ‘Financing Productive Use of Renewable Energies’ which was conducted from 19-20th May 2022 at Protea Courtyard, Dar Es Salaam, Tanzania.
The SOARING (Southern African Renewable Energy Investment and Growth) programme was launched in June 2019, it designs and implements a prototype approach to prepare, bundle, and structure investments into small and medium-sized clean energy projects in Zambia and Tanzania. SOARING aims at launching a sustainable climate finance catalyst program for SMEs and supporting countries in mobilizing and channeling climate and private finance to achieve their NDCs and SDG (7) goals. The project assesses supply, demand, and framework conditions for several SME-level clean energy alternatives in agricultural value chains, as well as off-grid power provision for rural and peri-urban areas.
The implementation partners for SOARING are RENAC and the Renewable Energy and Energy Efficiency Partnership (REEEP). SOARING is funded and commissioned by the International Climate Initiative (IKI) of the Federal Ministry for the Environment (BMU) Germany. Partner institutions are the Ministry of Energy, Tanzania, and the Ministry of Finance, Zambia.
RENAC coordinated the training session which primarily targets Multipliers (Policy Makers, government/ public entities dealing with economic development, agriculture, rural electrification, imports, and tariffs) that aim to support SMEs to invest/adopt renewable energy technologies, associations, and organizations representing the following sectors.