Accelerating Solar Action Program (ASAP)

About this project

ASAP aims to mobilize concessional finance to mainstream Solar PV investments among urban and grid-connected MSMEs and households, contributing to the reduction of Ghana’s GHG emissions, and creating a favourable environment for sustainable energy financing over the long term. • The programme has strong climate basis, which envisions improving Ghana’s heavily fossil-fuel reliant energy mix especially amid the reduced hydropower capacity of the country due to climate change impacts. • Concessionality passed on to end beneficiaries, with the potential to generate cost savings while the AE takes on end-beneficiary credit risk • With a comprehensive approach to developing local markets for Solar PV projects and capacity building, the programme has replication potential, potentially showcasing successful solar PV systems industry growth and expansion.

Published by

Green Climate Fund · Multilateral

Countries

Ghana

Sectors

Energy generation, renewable sources - multiple technologies

Focus

Climate mitigation · Main focus

Funded by

Green Climate Fund

Implemented by

Ecobank Ghana

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-FP231.

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