Lembá

Lobata

Mé-Zóchi

Água Grande

Príncipe

Cantagalo

Caué

Sao Tome and Principe

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Eastern and Southern Africa are highly vulnerable to climate change, facing recurrent droughts, floods, heatwaves, and increasingly erratic rainfall that intensify water stress and land degradation. These climate stresses are compounded by rapid population growth, projected to rise from around 749 million in 2023 to nearly 964 million by 2050, placing growing pressure on already overstretched infrastructure. In 2023, around 365 million people lacked access to electricity and 580 million lacked access to clean cooking, severely constraining adaptation, productivity, and health outcomes across the region.

The ASCENT-GREEN project  aims to support climate-vulnerable communities across 21 countries in Eastern and Southern Africa by catalysing private-sector delivery of distributed renewable energy, clean cooking, and productive-use energy. It seeks to increase climate resilience, drive economic development, and reduce emissions across some of the region's most remote and fragile contexts.

Structured around three components, the project will establish a regional energy access financing facility providing affordable lending, results-based financing, and technical assistance, prioritizing rural households, fragile, conflict-affected populations, small and medium-sized enterprises and women-owned enterprises; develop regional de-risking facilities including a risk-sharing facility and a carbon risk mitigation facility to crowd in private capital; and establish a Common Market for Eastern and Southern Africa (COMESA)-led regional platform to coordinate policy, technical assistance, and knowledge sharing across participating countries.

Through financing instruments that address barriers such as affordability, risk perception, and scaling up, the project will mobilise significantly larger private flows and accelerate market transformations, enabling far greater reach. It is expected to directly benefit 28.8 million people and indirectly reach a further 13.8 million, supporting improved access to energy services and enhanced resilience across participating countries.

The project objective is: Enhancing institutional and technical capacities for an effective  implementation of the Enhanced Transparency Framework in Sao Tome and Principe.

The project aims to support Sao Tome and Principe to prepare and submit its First Biennial Transparency Report (BTR1), which will comply with the United Nations Framework Convention on Climate Change (UNFCCC) and Paris Agreement reporting requirements while responding to its national development goals.

Local CSOs and CBOs in landscapes-seascapes around the world access grant financing and technical assistance, including capacity development and knowledge sharing to maintain and enhance their socio-ecological resilience, well-being and socio-economic conditions for global environmental benefits.

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