Abstract
Micro-hydro plants (MHPs) have been identified as a proven and promising opportunity to alleviate energy poverty in rural areas of Sub-Saharan Africa. However, the absence of “lowest-cost, long-term financing models” is found to be one of the major barriers to wide-spread adoption of this technology in the region. This paper presents a review of the factors underlying this absence and using the van Egmond and de Vries’ sustainable finance model builds a framework that visualises critical linkages in MHP development crucial to designing sustainable financing models. Key words: Micro-hydro plants (MHPs), Sub-Saharan African countries, sustainable financing models.
Highlights
BackgroundSub-Saharan Africa (SSA) is one of the least-developed regions globally
This paper presents the review of the factors underlying one of the major barriers to region-wide adoption of Micro-hydro plants (MHPs) despite their proven potential
Efforts to understand the holistic nature of MHP development and the underlying symbiosis between stakeholder engagement and financing is crucial to the development of sustainable financing models
Summary
BackgroundSub-Saharan Africa (SSA) is one of the least-developed regions globally. The region has one of the highest percentages of people living in extreme poverty (Simmons, 2015). There is need for frameworks that facilitate thoughtful analysis of MHP development that can facilitate designing of sustainable financing models in SSA.
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