The upfront cost of renewables is identified as major challenge for the Gambia, due to inadequate financial resources. However, under a real discount rate of 10% per year, renewables emerge as the most profitable option, with an associated negative carbon price, ranging between -7 to -20 US$/tCO2e, depending on the
The upfront cost of renewables is identified as major challenge for the Gambia, due to inadequate financial resources. However, under a real discount rate of 10% per year, renewables emerge as the most profitable option, with an associated negative carbon price, ranging between -7 to -20 US$/tCO2e, depending on the scenarios (high or low demand). The economic analysis suggests that even higher shares of renewable electricity generation through solar PV and wind are feasible in The Gambia.
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GM
Adaptation Commitments
ad_sec_action
Adaptation action/priority
Action and priority
Urban
Buildings
GM
Adaptation Commitments
ad_sec_action
Adaptation action/priority
Action and priority
Water
Infrastructure
GM
Adaptation Commitments
ad_sec_action
Adaptation action/priority
Action and priority
Urban
Urban: General
GM
Adaptation Commitments
ad_sec_action
Adaptation action/priority
Action and priority
Water
Water sanitation