The International Energy Agency and the African Development Bank Group will launch the pioneering Joint Report on Financing Clean Energy in Africa on 6 September on the sidelines of the Africa Climate Summit in Nairobi.
Kenya’s President William Ruto is expected to give a welcome address. Dr Fatih Birol, Executive Director of the International Energy Agency, and Dr Akinwumi Adesina, President of the African Development Bank, will launch the report.
The report aims to inspire capital providers, multilateral development banks, development finance institutions, philanthropies and governments to amplify and replicate successful clean energy projects across the continent. This collective action will deliver a multiplier effect and support a cycle of change in the financing landscape, contributing to achievement of universal energy access (SDGD7) in Africa.
The report draws on African Development Bank case studies from across the continent to highlight viable solutions that contribute to scaling up energy investment and to achievement of universal access to modern energy, as well as climate-related and sustainable development goals.
Representatives of development partners, capital providers and project developers will present key findings of the report during an interactive panel discussion following the launch.
