Market Development
Vanuatu National Green Energy Fund Design and Implementation
GreenMax supported the Government of Vanuatu with design and implementation of the Vanuatu National Green Energy Fund, which became operational in 2020.
Duration
Jan 2017 - Dec 2018
Project Series
GGGI National Financing Vehicles Program
Service Areas
Financing Facility Design
Countries
Vanuatu
GreenMax supported the Government of Vanuatu with design and implementation of the Vanuatu National Green Energy Fund, which became operational in 2020.
In 2017, GreenMax was retained by GGGI to support the Government of Vanuatu with design and implementation of the Vanuatu National Green Energy Fund (NGEF). GreenMax initially conducted an assessment of financial instruments to be deployed by the Fund, and subsequently prepared the Business Plan for the NGEF. The objective of the assignment was to guide successful implementation and operation of the NGEF as an independent institution owned by the Government of Vanuatu. The Business Plan included (i) a comprehensive fund operation manual, (ii) a targeted investors list and stakeholder engagement strategy, (iii) a financial model, (iv) a risk analysis framework, and (v) an implementation roadmap for the Fund. The assignment concluded with a final workshop and series of presentations delivered to key stakeholders in Port Vila. The NGEF became operational in 2020.
