Sierra Leone

Sierra Leone recognizes poor access to electricity (under 10% in 2011) as a binding constraint to long-term economic growth. Its Agenda for Prosperity and other policy measures prioritize “cheap, affordable energy for all.”  

investing in sierra leone

Sierra Leone is developing a SREP investment plan that outlines improvements to the national grid, particularly in rural areas, as well as capacity building at the national level to scale up countrywide renewable energy investment.

Development of renewable energy, both in terms of infrastructure and institutional capacity, can lead to improved energy access, better energy security, and national development through private investment.

FACTS ABOUT SIERRA LEONE

About 60% of the 5.5 million inhabitants live in rural areas - more than half live below the national poverty line

2,000 MW

is Sierra Leone’s estimated hydropower potential

TRANSFORMING VISION INTO ACTION

The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.