environmentalIATI

Gigaton Fund - Sustainable Energy at Scale

by Foreign Affairs, Trade and Development Canada (DFATD)South Africa

Imported from IATI · publisher data as of Nov 2, 2026

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Budget

CA$42,000,000

Timeline

Mar 27, 2023 – Mar 31, 2038

About this project

The Gigaton Fund is a US$500 million blended finance debt fund that scales up clean energy transition and climate investments in underserved markets to increase affordable and clean energy use. The Fund aims to improve the environment and well-being of vulnerable populations, especially women in emerging markets. Project activities include mobilizing private sector capital to finance impactful clean energy companies, commercial and industrial solar projects, agri-businesses, and smallholder farmers. The Fund finances over 100 projects to benefit 10 million people, including 50% women, while also demonstrating the potential to mobilize capital at scale to help drive the sector toward long-term sustainable financing.

Published details

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Published by
Foreign Affairs, Trade and Development Canada (DFATD) · Government
Countries
South Africa, Kenya, India, Sierra Leone, Ethiopia, Nigeria, Gabon, Ghana, Côte d’Ivoire, Cameroon, Rwanda
Sectors
Solar energy for centralised gridsSolar energy for isolated grids and standalone systems
Focus
Gender equality · Also contributesEnvironment · Main focusClimate mitigation · Main focusClimate adaptation · Also contributes

Published by Foreign Affairs, Trade and Development Canada (DFATD) to the International Aid Transparency Initiative (IATI), last updated 2 Nov 2026 and imported automatically. IATI identifier: CA-3-P011300001.

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