About RECTF
Established in November 2021, RECTF strengthens MIGA’s ability to support renewable energy investment in emerging and frontier markets. Renewable energy projects often rely on long-term government contracts, regulated tariffs, and cross border financing structures that heighten exposure to political and regulatory risk. RECTF provides targeted risk-sharing support alongside MIGA guarantees, enabling investment in renewable generation, mini grids, transmission, and battery storage solutions—particularly where political risk exceeds commercially absorbable levels, including in IDA countries and Sub-Saharan Africa.
Key Results (as of December 31, 2025)
- 12 projects supported
- Leverage ratio: ~1:6.25
- US$206.9 million in private capital mobilized
- 100% of portfolio tagged as climate finance
Development Impact Highlights
RECTF-supported projects are expected to deliver:
- 336.7 MW of renewable energy capacity enabled
- 298,900 tCO₂e/year in greenhouse gas emissions avoided
- 4.76 million people gaining new or improved electricity access
These investments strengthen energy security, support climate mitigation and adaptation, and reduce reliance on fossil fuels. RECTF also contributes to broader World Bank Group initiatives, including Mission 300, to accelerate electricity access across Sub-Saharan Africa.
Supporting Partners
RECTF was launched with support from the Government of Norway, through Norad, and later joined by the Ministry of Finance of Japan. Their contributions enable MIGA to mobilize private investment in renewable energy projects facing elevated political and regulatory risk.