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Power & Infrastructure

Country Lead

The Global Energy Alliance for People and Planet (the Alliance) was launched on November 2, 2021 at COP26 with USD10 billion of committed capital to accelerate investment in green energy transitions and renewable energy solutions in developing and emerging economies.

Democratic Republic of Congo
The Role

This historic partnership leverages catalytic grant funding to unlock investment capital with the aim of mobilizing USD100 billion in public and private capital over the next decade to:

  • Reduce Carbon: Avoiding or averting over 4 billion tons of greenhouse gases
  • Expand Access: Extending sustainable, reliable, productive-use energy to 1 billion underserved people
  • Create Jobs: Enabling 150 million green jobs that generate inclusive economic growth
The Alliance serves as a platform for radical collaborative action and provides grant funding, technical assistance, and a range of financing options and facilities. The Alliance focuses on three types of energy projects:
  • Fossil fuel transition: Decommission & repurpose large, aging coal plants and installed diesel / HFO assets
  • Grid-based renewables: Deploy utilityscale renewable generation, storage, distribution, and transmission assets
  • Distributed Renewable Energy: Scale mini-grid and roof-top solutions to offgrid & underserved communities
President Félix Tshisekedi of the Democratic Republic of Congo held several meetings with GEAPP staff at COP26 which led to a formal submission from the DRC government to GEAPP for support with a MOU likely to be signed in the coming weeks.
In DRC the Alliance’s programme has evolved by building on two initial transactions shaped by the GEAPP Investment Team where opportunities had arisen to use GEAPP money to create urban or peri-urban ‘metrogrids’ that delivered disproportionate impact.
The country programme is now building on these pilots and is shaping a transformational solution specifically for DRC which has the potential to create many large-scale off-grid utilities to service its cities and larger metropolitan areas. This includes building on existing support from central and provincial governments to create relevant solutions to meet national and local needs.

Since 2007 Millar Cameron has specialised in sourcing leadership and keyperson talent across a number of industries, including agribusiness, international development, industrial, consumer, financial and professional services, private equity, and technology, media and telecommunications. Our mission and purpose is to positively contribute to the development of Africa, and other emerging markets, through the provision of people.

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