From commitments to disbursements: The mini-grid sector remains underfunded

Over the last decade, DRE technologies attracted over USD 3 billion, but $2.3 billion is needed annually to achieve universal energy access by 2030. Power for All recommends Key Performance Indicators (KPIs) to track financial progress, including the alignment between approved and disbursed funds (currently only 14% disbursed), the share of funded sites (currently 20% of projects receive support), and donor money per connection (with only 17% of CAPEX currently covered). These KPIs highlight critical funding gaps in the mini-grid sector, highlighting where progress is needed.

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» Power for All’s KPIs reveal disbursements fall short, with only 14% of approved funds reaching mini-grid projects. Let's improve funding efficiency for real impact. #KPIs #EnergyFinance
» Donor disbursements for mini-grids lag behind commitments, hindering progress. We need efficient funding strategies for a brighter energy future. #SustainableFinance #GlobalGoals
» Donor money deployment takes time, but it's dragging on. Ajay Banga urges swifter action. Let's speed up the process and achieve impact faster! #EnergyProjects #DevelopmentFinance