ASCENT COMESA Platform
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ASCENT COMESA Platform
Component 1: Digital Monitoring, Reporting and Verification (D-MRV) Platforms for Energy Access and Climate Finance
The Project will support countries with adoption of digital monitoring and verification (D-MRV) platforms and other digital tools to facilitate better and faster planning, implementation, monitoring, reporting and verification of their energy access efforts and enable access to climate financing, including through their participation in carbon markets.
Component 2: Project Preparation Facility
The Project Preparation Facility (PPF) is one of the critical components of ASCENT, which will support governments and the private sector to develop bankable, investment-ready Projects through a demand-driven approach. This component has three sub-components which are: Sub-component 2A: National agencies Project; Sub-component 2B: Cross-border solutions; and Sub-component 2C: Private sector distributed renewable energy (DRE) companies.
Component 3: Advisory support to governments on planning, policy regulation and finance mobilization
This component will support participating countries on strengthening the policy and regulatory environment for energy access.
Component 4: Knowledge exchange, convening, data, skills development and consumer engagement
This component will enable participating countries to share both technical knowledge and experiences of energy access interventions, allowing countries with large energy access deficits to learn from faster-electrifying countries in the region, through regional and bilateral knowledge exchanges and workshops for governments, private sector, development partners, etc.
Component 5: Project management and capacity building support to PIU
This component will provide specific support to building the capacity of the COMESA PIU for the implementation and monitoring of the activities under the regional platform.
The ASCENT project has developed guidelines and procedures for the operation of the project as follows:
- The Grievance Redress Mechanism (GRM) which is aimed at facilitating awareness and resolution of complaints and grievances about the regional platform of the ASCENT project, implemented by COMESA. The GRM can be accessed here
- The Stakeholder Engagement Plan which can be accessed here
- The Labour Management Procedures (LMP) which can be accessed here
- COMESA Environment and Social Commitment Plan which can be accessed here
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