Explore the IEA’s latest report, produced in collaboration with the African Development Bank Group. This report outlines innovative solutions for African countries to unleash the spending needed to achieve the continent’s energy and climate goals.
Key Takeaways:
1. Africa, with one-fifth of the world’s population, receives only 3% of global energy investment.
2. By 2030, over $200 billion per year will be required to meet energy-related development goals.
3. The report proposes innovative investment strategies crucial for scaling up energy investments in Africa.
4. It emphasizes the need for affordable capital to drive clean energy projects.
Collaboration between the International Energy Agency (IEA) and the African Development Bank Group drives this analysis.
Explore the full report to uncover strategies, financing providers, and capital solutions vital for Africa’s sustainable energy future.