Scaling Up of Renewable Energies Program (SREP)

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SREP

The $780 million Scaling Up Renewable Energy in Low Income Countries Program (SREP), a funding window of the CIF, is empowering transformation in developing countries by demonstrating the economic, social, and environmental viability of renewable energy.

Channeled through ­the multilateral development banks, SREP ­financing supports scaled-up deployment of renewable energy solutions to increase energy access and economic opportunities. A total of $194 million (25% of SREP funding) is approved and under implementation and expecting $1.2 billion in co-­financing from other sources.

The SREP employs a programmatic approach that builds off of national policies and existing energy initiatives. It is attracting attention from investors, as well as other developing countries.

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