Energy for the people by the people with the people.
💥⚡️Financing Clean Energy Access for Adaptation and Resilience in Sub-Saharan Africa: A Crucial Endeavor for the Future As Sub-Saharan Africa grapples with the dual challenges of energy poverty and climate vulnerability, a groundbreaking initiative aims to turn the tide by addressing the critical need for financing clean energy. The “Six30 Campaign”, spearheaded by the African Coalition for Sustainable Energy Access (ACSEA) and the Pan-African Climate Justice Alliance (PACJA), targets raising $630 million by 2030 to provide electricity access to 630 million people across Sub-Saharan Africa. On the sidelines of the CCDA in Abidjan, Côte d’Ivoire, this initiative was unveiled to address the pressing need to create a synergy between energy and adaptation on the African continent. This initiative is not just about energy; it is about unlocking the potential for socio-economic development and building resilience against the impacts of climate change. However, the road to achieving these ambitious goals is fraught with significant challenges, particularly in securing the necessary financing. Eugene N Nforngwa, the director of programs at ACSEA and the thematic lead for just transition at PACJA, asked the pertinent question, “Why is there not enough money to finance energy access on the continent?” This question brought into light various reasons for the lack of finance for energy access on the continent; read full article below👇👇 https://lnkd.in/d_PW9Dy5 All followers African Development Bank Group Pan African Climate Justice Alliance PACJA 𝗬𝗔𝗙 𝗔𝗳𝗿𝗶𝗰𝗮 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲 Augustine B Njamnshi
THERE IS NOTHING NOBLER THAN TO SERVE HUMANITY
4moGood idea and impactful project if implemented.I have 2 genuine advice for you take look.First advice is on your indicative budget of USD 630 million by 2030.To be very candid with you USD 630million is too small implement this mega game changing projects.I do believe you need to raise at least 29 billion USD to cover project direct costs. Secondly,the timeframe you schedule to raise the USD $630millions funds is far and too long. If we can spend 6months on resource mobilization,then precious time is lost,the energy problem will increase. The Energy déficit is severe in Sub Sahara África and therefore must be treated as an emergency,by taking immediate actions and interventions that will salvage the sitúation sustainably. Please you can make 2030 as the year in which all your projects that focusing on improve peoples access to clean and sustainable energy supply in Sub Saharan Finally, I have investors interested i funding clean energy projects and businesses. I ask for your hand in partnership so that I will bring you righty type investors with funds to finance each and every type of energy related projects in different countries within the Sub Sahara Africa Once please send me message my inbox and we get started