COP28: Financing Africa’s pathway to net zero energy systems - News Summed Up

COP28: Financing Africa’s pathway to net zero energy systems


Africa Climate Week setting the stage for a global stocktakeReleased ahead of the COP28, the report underscores that electrification and energy efficiency as well as energy storage are important elements in net-zero energy systems. The mobilisation of local capital into Africa’s clean energy projects is particularly important for developers deploying off-grid energy solutions. AMDA is committed to working with all stakeholders to support the radical scale of minigrids to provide clean energy on the continent. In Dubai, deliberations at the COP28 on how to help developing countries must prioritise practical and pragmatic financing arrangements for the clean energy transition in the developing world. Getting to net-zero is possible if investments increase rapidly to help fast-growing economies meet their power needs with clean energy solutions.


Source: The North Africa Journal November 28, 2023 15:08 UTC



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