Embedded Generation Investment Programme (EGIP)

About this project

EGIP aims to support the pioneering development of a viable and alternative procurement mechanism, at scale, for renewable energy involving non-sovereign entities such as industries and municipalities. • The framework supports the development of new RE market modalities and business models by facilitating a disintermediation of RE markets through non-sovereign offtake • The framework also aims to promote an increased involvement and equity participation of local communities and South African MSMES, which mainstreams local communities and business with the country’s climate targets and is aligned with the country’s socio-economic objective of mainstreaming the majority black participation in the national economy.

Published by

Green Climate Fund · Multilateral

Countries

South Africa

Sectors

Energy generation, renewable sources - multiple technologies

Focus

Climate mitigation · Main focus

Funded by

Green Climate Fund

Implemented by

Development Bank of Southern Africa

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-FP106.

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