The goal of the proposed programme is to create a market for investments in solar technologies in the six LDCs mentioned above. The programme aims to incentivize and leverage private sector actors based in these countries to scale up private investment in solar technologies. The programme is expected to contribute to a paradigm shift to low-emission development pathways through the mobilisation at scale of private climate finance.
The programme will have two main objectives and interrelated components:
1. To scale up commercial and sustainable financing for solar investments through senior debt and standby loans
2. To develop technical capacity of private and public sector actors and raise awareness about the benefits of solar technologies.
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