The GET FiT (Global Energy Transfer Feed-in Tariffs) concept was developed 2010 and intends to combat climate change and the lack of available energy in emerging and development countries by supporting private sector investment in capital intensive renewable generation. Barriers identified for private sector investments in renewable energy projects include lack of transparency, the (perceived) risk of retroactive changes to the Feed-in Tariffs (FiT) scheme as well as the limited creditworthiness of a single off-taker. The GET FiT Pilot in Uganda officially launched in Kampala on 31 May 2013, aims to support approximately 125 MW of renewable energy. The idea is for governments in wealthier countries and/or multilateral organisations to support the upgrading of the existing regulatory framework in emerging economies to improve the risk profile and commercial viability of renewable energy investments from a private sector investor’s perspective.

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Document
Objective
Mitigation
Collection
Eldis
CTCN Keyword Matches
Uganda
Renewable energy