This Uganda country report is part of a three-part series on Distributed Renewable Energy (DRE) in East Africa. It includes actionable recommendations and serves as a reference for policymakers, investors, and stakeholders interested in innovative financial solutions to solve the SDG7 financing gap in Uganda.

To achieve universal energy access in Uganda by 2030, connecting 6.1 million additional customers requires a $5.5 billion investment in on-grid and off-grid systems. The distributed renewable energy (DRE) sector, crucial for this goal, remains underfunded. This country report explores financial aggregation as a solution to align funding needs with investor requirements. The report assesses Uganda's market readiness for DRE financial aggregation, addressing barriers and presenting an action plan. It serves as a reference for policymakers, investors, DRE companies, and development finance institutions, contributing insights from extensive research and interviews. 

This work is the culmination of two years of collaboration and engagements between UNDP and a multitude of stakeholders in Uganda, most notably the Ministry of Energy and Mineral Development. The National Renewable Energy Platform (NREP) provided a launchpad for the Climate Aggregation Platform’s work in Uganda, enabling several events and workshops in the country. 

UNDP’s Climate Aggregation Platform is a flagship initiative of the Sustainable Energy Hub and Climate Hub to support the structuring and deployment of innovative business models and financial mechanisms to accelerate energy access and a just energy transition. To read the other reports in this series please visit Financial Aggregation for Distributed Renewable Energy in East Africa: An Overview of the Region and Financial Aggregation for Distributed Renewable Energy in Rwanda