Context
In Madagascar, only 15 per cent of the population has access to electricity. In rural regions, which are home to the majority of the population, this figure is a mere six per cent.
Most Malagasy households use fuelwood, kerosene lamps, candles, batteries, coal or diesel generators to meet their day-to-day energy needs. The restricted access to energy makes it difficult to operate basic social infrastructure, including schools, health centres and administrative offices, especially in rural regions.
Over the past few years, electricity consumption has increased steadily as a result of population growth and technological development, resulting in an imbalance between supply and demand.
The lack of access to electricity is impeding the country’s development. Improving the general investment climate is an essential step in making Madagascar’s electricity sector more attractive to investors.
Objective
The energy industry uses the improved institutional and financial conditions for investments in renewable energy taking into account the climate protection goals.
