Jobs and Economic Value Added via the Scaling Up Renewable Energy Program in Low-Income Countries (SREP)
This modelling brief summarizes findings from CIF’s flagship Social and Economic Development Impacts of Climate Investments (SEDICI) workstream, designed to map and measure the development impacts of CIF programsnin terms of economic, social, environmental and market-establishing outcomes. Using portfolio data and the Joint Impact Model (JIM), it summarizes the estimated direct, induced, supply chain and forward effects of CIF’s Scaling Up Renewable Energy in Low-income Countries Program (SREP), in the areas of employment and economic value-added, including the current portfolio’s contribution towards a total of 830,785 jobs (in person-years of employment) and a total of USD 3.5 billion in economic value added.
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