BOAD Climate Finance Facility to Scale Up Solar Energy Investments in Francophone West Africa LDCs

About this project

BOAD is a lending facility that aims to address the financial and technical barriers to solar investments in the least developed countries (LDCs) of the francophone West Africa region. • The programme is expected to accelerate private sector solar investments and create a favourable market for investments in solar teechnologies with a blended finance approach, providing long-term concessional debt financing. • With private finance mobilization and capacity builidng, the programme is expected to improve clean energy access and decarbonize the energy mix of the targeted LDCs with a large electricity deficit and dependence on fossil fuels. • The programme is expected to quadruple the existing solar capacity in the target countries, providing access to 2.9 million people in the region.

Published by

Green Climate Fund · Multilateral

Countries

Burkina Faso, Mali, Niger, Guinea-Bissau, Benin, Togo

Sectors

Energy generation, renewable sources - multiple technologies

Focus

Climate mitigation · Main focus

Funded by

Green Climate Fund

Implemented by

Banque Ouest Africaine de Développement (West African Development Bank)

Published by Green Climate Fund to the International Aid Transparency Initiative (IATI), last updated 1 Jul 2026 and imported automatically. IATI identifier: XM-DAC-41317-FP105.

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