“Entry to electrical energy is not only a matter of comfort; it’s a elementary human proper that underpins financial progress, schooling, healthcare, and gender equality,” Ms. Mohammed informed African Heads of State attending the Mission 300 Africa Power Summit in Dar es Salaam, Tanzania.
The Summit introduced collectively African leaders and improvement companions to debate Mission 300, an initiative by the African Improvement Financial institution and the World Financial institution. The initiative addresses vitality entry challenges and goals to create jobs for Africa’s youth and assist future improvement.
“We should work collectively, with a way of urgency and dedication, to make sure that nobody is left behind on this transformative journey,” Ms. Mohammed, burdened.
Africa’s vitality panorama presents a paradox. Regardless of being wealthy in renewable sources, the continent grapples with one of many lowest ranges of vitality entry globally. Because the UN deputy chief identified, almost 600 million Africans lack entry to electrical energy, making it important to leverage the continent’s ample renewable vitality sources and important minerals.
Unlocking Africa’s potential
“Africa has immense potential to indicate the world what a brand new financial improvement paradigm grounded in sustainability, resilience, justice, and inclusivity can appear to be,” Ms. Mohammed said, and underscored the interconnectedness of enhanced vitality entry with broader improvement targets, corresponding to well being, schooling, and gender equality.
“By advancing long-term vitality safety and sovereignty, we will foster peace, create inexperienced jobs, and construct resilient livelihoods – paving the best way for improved stability and prosperity throughout the continent,” she stated.
She highlighted that with renewable vitality now being the most affordable supply of latest electrical energy, the Mission 300 initiative represents a transformative alternative for Africa.
A shining instance: Tanzania’s progress
Ms. Mohammed praised Tanzania as a beacon of success, showcasing how rural electrification and off-grid renewable vitality options can remodel lives, significantly in distant and underserved areas.
“The nation has made outstanding strides, with electrical energy entry growing from simply 14 per cent in 2011 to 46 per cent in 2022,” she famous. This progress has led to over a million new connections, driving the agricultural electrification charge to 72 per cent.
“This progress signifies that extra girls and boys in distant areas can now research in well-lit school rooms, well being employees can ship life-saving providers to off-grid populations, and rural companies can thrive with dependable energy,” stated the UN deputy chief, emphasizing that vitality entry is not only about electrical energy – it’s about alternative, fairness, and the inspiration of a brighter future.
Insurance policies and reforms for reworking African vitality
In a panel dialogue that was held Monday on the theme Insurance policies and Reforms for Reworking African Power, Ms. Mohammed reiterated the necessity for complete reforms to speed up electrification throughout the continent. She burdened the position of renewable vitality in driving sustainable improvement and decreasing greenhouse gasoline emissions.
“Africa is wealthy in renewable vitality sources, from photo voltaic and wind to hydro and geothermal energy,” she stated. “By harnessing these sources, we can’t solely present electrical energy to tens of millions but additionally create inexperienced jobs, enhance well being outcomes, and shield the setting.”
The Deputy Secretary-Common highlighted three key areas for policymakers to deal with: fostering coverage coherence, mobilizing finance and assist, and enhancing clear worldwide cooperation.
Fostering coverage coherence
Ms. Mohammed underscored the significance of coherent and aligned insurance policies with Sustainable Improvement Targets (SDGs) and Nationally Decided Contributions (NDCs), the person local weather motion plans submitted by every nation beneath the Paris Settlement.
“Coverage makers and the worldwide establishments have to try to make sure sector-wide plans are coherent and aligned with the achievement of the SDGs due in 2030, whereas traders want sturdy regulatory legal guidelines in place to make sure enterprise can function aligned with them,” she burdened.
She added that “NDCs should coordinate the transition from fossil fuels with scaling of renewables and grid modernization and growth, making certain vitality safety and affordability.”
Ms. Mohammed additionally emphasised that NDCs signify a singular alternative for all international locations to align their new local weather plans and vitality methods, along with addressing adaptation wants.
Mobilizing finance and assist
Whereas personal sector investments are essential, Ms. Mohammed burdened the significance of public financing, particularly in modernizing grid infrastructure to broaden entry and combine renewables. “Mixing concessional public funds with industrial funds may also help multiply renewable vitality investments in creating international locations,” she famous.
“We should work to strengthen the well being of Africa’s public funds and deal with unsustainable debt burdens which are crowding out important public investments,” the UN deputy chief added, calling for long-term concessional finance and the implementation of the $1.3 trillion roadmap agreed final 12 months on the UN local weather convention in Baku.
Clear worldwide cooperation
Ms. Mohammed went on to emphasise the significance of worldwide investments and cross-border partnerships in delivering electrical energy initiatives at a large scale. “Public personal partnerships have to be topic to secure and clear public procurement guidelines all through the entire venture cycle,” she stated.
“Transparency and accountability needs to be an indicator of Mission 300 and set a brand new commonplace for cooperation throughout the continent,” she concluded.
African Heads of State decide to vitality reforms
The summit noticed African Heads of State decide to concrete reforms and actions to broaden entry to dependable, inexpensive, and sustainable electrical energy. The Dar es Salaam Power Declaration, endorsed by the summit, outlines the commitments and sensible actions wanted to realize the Mission 300 targets.
“At present, we’ve taken a big step in direction of reworking Africa’s vitality panorama,” stated President Samia Suluhu Hassan of Tanzania. “By working collectively and implementing these reforms, we will be sure that our residents have entry to wash and inexpensive vitality, which is crucial for his or her well-being and financial prosperity.”
Africa can lead clear vitality transition
In her closing remarks, Ms. Mohammed expressed optimism about Africa’s potential to guide the worldwide clear vitality transition.
“With the proper insurance policies and reforms, Africa can change into a mannequin for sustainable improvement and resilience,” she stated. “Allow us to seize this chance to create a brighter future for our continent and its individuals.”
“Entry to electrical energy is not only a matter of comfort; it’s a elementary human proper that underpins financial progress, schooling, healthcare, and gender equality,” Ms. Mohammed informed African Heads of State attending the Mission 300 Africa Power Summit in Dar es Salaam, Tanzania.
The Summit introduced collectively African leaders and improvement companions to debate Mission 300, an initiative by the African Improvement Financial institution and the World Financial institution. The initiative addresses vitality entry challenges and goals to create jobs for Africa’s youth and assist future improvement.
“We should work collectively, with a way of urgency and dedication, to make sure that nobody is left behind on this transformative journey,” Ms. Mohammed, burdened.
Africa’s vitality panorama presents a paradox. Regardless of being wealthy in renewable sources, the continent grapples with one of many lowest ranges of vitality entry globally. Because the UN deputy chief identified, almost 600 million Africans lack entry to electrical energy, making it important to leverage the continent’s ample renewable vitality sources and important minerals.
Unlocking Africa’s potential
“Africa has immense potential to indicate the world what a brand new financial improvement paradigm grounded in sustainability, resilience, justice, and inclusivity can appear to be,” Ms. Mohammed said, and underscored the interconnectedness of enhanced vitality entry with broader improvement targets, corresponding to well being, schooling, and gender equality.
“By advancing long-term vitality safety and sovereignty, we will foster peace, create inexperienced jobs, and construct resilient livelihoods – paving the best way for improved stability and prosperity throughout the continent,” she stated.
She highlighted that with renewable vitality now being the most affordable supply of latest electrical energy, the Mission 300 initiative represents a transformative alternative for Africa.
A shining instance: Tanzania’s progress
Ms. Mohammed praised Tanzania as a beacon of success, showcasing how rural electrification and off-grid renewable vitality options can remodel lives, significantly in distant and underserved areas.
“The nation has made outstanding strides, with electrical energy entry growing from simply 14 per cent in 2011 to 46 per cent in 2022,” she famous. This progress has led to over a million new connections, driving the agricultural electrification charge to 72 per cent.
“This progress signifies that extra girls and boys in distant areas can now research in well-lit school rooms, well being employees can ship life-saving providers to off-grid populations, and rural companies can thrive with dependable energy,” stated the UN deputy chief, emphasizing that vitality entry is not only about electrical energy – it’s about alternative, fairness, and the inspiration of a brighter future.
Insurance policies and reforms for reworking African vitality
In a panel dialogue that was held Monday on the theme Insurance policies and Reforms for Reworking African Power, Ms. Mohammed reiterated the necessity for complete reforms to speed up electrification throughout the continent. She burdened the position of renewable vitality in driving sustainable improvement and decreasing greenhouse gasoline emissions.
“Africa is wealthy in renewable vitality sources, from photo voltaic and wind to hydro and geothermal energy,” she stated. “By harnessing these sources, we can’t solely present electrical energy to tens of millions but additionally create inexperienced jobs, enhance well being outcomes, and shield the setting.”
The Deputy Secretary-Common highlighted three key areas for policymakers to deal with: fostering coverage coherence, mobilizing finance and assist, and enhancing clear worldwide cooperation.
Fostering coverage coherence
Ms. Mohammed underscored the significance of coherent and aligned insurance policies with Sustainable Improvement Targets (SDGs) and Nationally Decided Contributions (NDCs), the person local weather motion plans submitted by every nation beneath the Paris Settlement.
“Coverage makers and the worldwide establishments have to try to make sure sector-wide plans are coherent and aligned with the achievement of the SDGs due in 2030, whereas traders want sturdy regulatory legal guidelines in place to make sure enterprise can function aligned with them,” she burdened.
She added that “NDCs should coordinate the transition from fossil fuels with scaling of renewables and grid modernization and growth, making certain vitality safety and affordability.”
Ms. Mohammed additionally emphasised that NDCs signify a singular alternative for all international locations to align their new local weather plans and vitality methods, along with addressing adaptation wants.
Mobilizing finance and assist
Whereas personal sector investments are essential, Ms. Mohammed burdened the significance of public financing, particularly in modernizing grid infrastructure to broaden entry and combine renewables. “Mixing concessional public funds with industrial funds may also help multiply renewable vitality investments in creating international locations,” she famous.
“We should work to strengthen the well being of Africa’s public funds and deal with unsustainable debt burdens which are crowding out important public investments,” the UN deputy chief added, calling for long-term concessional finance and the implementation of the $1.3 trillion roadmap agreed final 12 months on the UN local weather convention in Baku.
Clear worldwide cooperation
Ms. Mohammed went on to emphasise the significance of worldwide investments and cross-border partnerships in delivering electrical energy initiatives at a large scale. “Public personal partnerships have to be topic to secure and clear public procurement guidelines all through the entire venture cycle,” she stated.
“Transparency and accountability needs to be an indicator of Mission 300 and set a brand new commonplace for cooperation throughout the continent,” she concluded.
African Heads of State decide to vitality reforms
The summit noticed African Heads of State decide to concrete reforms and actions to broaden entry to dependable, inexpensive, and sustainable electrical energy. The Dar es Salaam Power Declaration, endorsed by the summit, outlines the commitments and sensible actions wanted to realize the Mission 300 targets.
“At present, we’ve taken a big step in direction of reworking Africa’s vitality panorama,” stated President Samia Suluhu Hassan of Tanzania. “By working collectively and implementing these reforms, we will be sure that our residents have entry to wash and inexpensive vitality, which is crucial for his or her well-being and financial prosperity.”
Africa can lead clear vitality transition
In her closing remarks, Ms. Mohammed expressed optimism about Africa’s potential to guide the worldwide clear vitality transition.
“With the proper insurance policies and reforms, Africa can change into a mannequin for sustainable improvement and resilience,” she stated. “Allow us to seize this chance to create a brighter future for our continent and its individuals.”
