Dubai, 4th December 2023- The RES4Africa Foundation, in collaboration with Gestore dei Servizi Energetici (GSE), held today the event Gearing up Africa’s Energy Transition by Conducive Policy and Legislative Frameworks, in the framework of the United Nations Climate Change Conference (COP28), at the Italian Pavilion. The event was organised to address the urgent need for Africa to accelerate sustainable socio-economic development through enhanced policy and legislative frameworks, with a specific focus on the electricity sector.
Bringing together private and public stakeholders from the international energy sector, the conference showcased the key findings of joint assessments by the RES4Africa Foundation and the United Nations Economic Commission for Africa (UNECA), which assessed the electricity policy and regulatory environment in 16 African markets thanks to the sponsorship of the Missing Link programme by the Enel Foundation. Attendees also learned about the targets and activities of European twinning programs developed by the Italian clean energy agency GSE to strengthen the institutional and technical capacity of African institutions.
The event also introduced tools and instruments designed to assist decision-makers and regulators make informed decisions for the planning, designing, and implementation of reform plans in the electricity sector. Participants engaged in a constructive dialogue on policy and regulatory challenges, emphasizing solutions to accelerate private sector investment in Africa's electricity sector. The event served as a catalyst for stakeholders to come together, share insights, and collaborate on strategies to overcome barriers that hinder private sector investment in Africa's electricity sector. By fostering debate on these critical issues, the side event aimed to generate forward-looking ideas that will assist African countries in reforming their policy and regulatory frameworks. The insights gained at the event will contribute to ongoing efforts to accelerate the sustainable energy transition in Africa.
« This transformative side event served as a crucible for diverse stakeholders, fostering a dynamic exchange of insights and collaborative strategies to dismantle policy and regulatory barriers that hinder private sector investment in Africa's electricity sector, » stated Roberto Vigotti, secretary general at RES4Africa Foundation « The discussions have not only shed light on the challenges, but also initiated a constructive dialogue, birthing innovative solutions. We are immensely encouraged by the collective commitment to overcome obstacles and lead Africa towards an electrifying future of sustainable development. The event stands as a testament to the power of collective action in shaping a resilient and inclusive energy landscape for the continent. »
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