Uganda and the Climate Investment Funds have endorsed that country’s renewable energy investment plans under the CIF’S dedicated fund for Scaling Up Renewable Energy in Low Income Countries Program. (SREP)SREP funding of $50 million (USD) will help advance geothermal exploration, solar photovoltaic net metering, the building of mini-grids and the development of wind power in the east African country.
The International Bank for Reconstruction and Development (IBRD) of the World Bank Group serves as the Trustee for the CIF.
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