In many fast-growing developing countries, the demand for electricity continues to rise whilst power infrastructure struggles to keep up.
The Access to Energy Fund is jointly initiated by the Dutch government and FMO in 2007 to support private sector projects aimed at providing long-term access to energy services in emerging markets and developing countries.
Our main fossil fuel sources – oil, coal and gas – are finite natural resources, and we are depleting them at a rapid rate. Climate change has become a reality and is changing our future. This is intensifying the race to come up with energy solutions that are affordable for all and produced in ways that can be sustained by the global economy and the planet.
The fund supports energy generation, transmission and distribution projects in developing countries. The fund focuses on sustainable energy solutions, which is a focus area for FMO as a whole.
The fund can finance renewable energy projects in all countries on the OECD DAC country list, which contains all countries and territories eligible to receive official development assistance.
The fund can either directly invest in or lend to a project or motivate a wider range of investor interest. The funding possibilities include: