The report shows that financing of energy investments continues to fall behind the commitments, which reduces the chances of meeting the SDG7 energy access targets. In case of Uganda, the report indicates that there has been a slight improvement in finance disbursements albeit at a slow pace. However, the delayed disbursements are as a result of poor project designs and inadequate coordination in project implementation. The report thus recommends for policy makers to improve country-level factors that accelerate disbursements including putting in place policies that improve access to local finance; Donors and development financial institutions should combine development financing and technical assistance and capacity building in recipient countries among other recommendation.
Read more: https://www.seforall.org/publications/energizing-finance-missing-the-mark-2020