2022.11.17 THU

16:10 - 17:10

Climate innovation and technologies for building decarbonized society in Africa – facilitative approaches and cooperative mechanisms for maximizing public and private sector partnerships

Organizer

United Nations Industrial Development Organization

Co-organizer

The African Development Bank

Seminar abstract

Energy demand in Africa is expected to significantly increase further over the next decades. The continent is endowed with various types of energy resources however many countries yet faces a pressing development issue of creating reliable, sustainable and resilient energy system. Innovative approaches are needed to address inadequate generation capacity, limited electrification, unreliable services, and high energy costs while reducing GHG emission. It will in turn contribute for making progresses in achievement of SDGs including through stable access to clean energy for industries and companies which are the core engines for growth.

The event will gather stakeholders from bot public and private sectors and discuss and identify effective and facilitative ways forward for enhancing policy support, partnership, technology dissemination, capacity for long-term decarbonization. As practical measures, UNIDO`s recent technical cooperation will be featured with a view to promote the partnership and cooperative approaches including Joint Crediting Mechanism (JCM) as well as regional partnership for geothermal power generation in cooperation with African Development Bank (AfDB).

Speakers

【Local Speakers】

• Ms. Maiko Uga（Ministry of the Envoronment of Japan） Section Chief, Office of Director for International Cooperation for Transition to Decarbonization and Sustainable Infrastructure
• Mr. Albert Magalang（Department of Environment and Natural Resources of Philippines） Director of Climate Change Service
• Mr. Naoshige Kinoshita（African Development Bank） Deputy Head of External Representation Office of Asia
• Ms. Mary Maalu（Kenya Electricity Generating Company, Kenya） General Manager of Corporate and Regulatory Services
• Mr. Naoki Torii（United Nations Industrial Development Organization） Industrial Development Expert

【Online Speakers】

• Mr. Kazumasa Nagamori（United Nations Industrial Development Organization） Industrial Development Expert
• Mr. Jectone Achieng（African Development Bank） Senior Investment Officer
• Mr. Cornel Ofwona（Geothermal Development Company, Kenya） General Manager of Geothermal Resource Development

Session Summary

Energy demand in Africa is expected to significantly increase further over the next decades. The continent is endowed with various types of energy resources; however, many countries face pressing challenges to develop reliable, sustainable and resilient energy system. The continent will in turn contribute to ensuring stable access to clean energy for industries and companies which are the core engines for growth, so as to make progresses in achievement of SDGs. Stakeholders from both public and private sectors gathered and discussed effective and facilitative ways forward to enhance policy support, partnership, technology dissemination, and capacity building for long-term decarbonization, as indicated below. The discussion points raised by attendees are as follows.

• - UNIDO Programme for JCM Promotion, Mr. Nagamori
• - Progress of JCM Activities by the Government of Japan, Ms. Uga
• - JCM Projects Experience in The Philippines, Mr. Magalang
• - Current Status of Geothermal Development in East Africa, Mr. Torii
• - Financing Experiences and Prospects of The Geothermal Projects in East Africa, Mr. Achieng
• - Risks in Geothermal Projects in Africa, Mr. Kinoshita
• - Geothermal Development in Kenya and Roles of KenGen, Ms. Maalu
• - Geothermal Development in Kenya and Roles of GDC, Mr. Ofwona

Message and Results

• ・In order to promote geothermal development as well as creation of decarbonized society thereby, maximizing public and private sector partnerships (PPP) is a key.
• ・JCM is one of the approaches to enhance public and private partnership. Under JCM, private sector investments are expected to be mobilized, as showcased in the Philippines. Ministry of the Environment of Japan and UNIDO intend to promote JCM projects in Africa.
• ・Proactive involvement of public sectors is indispensable to promote geothermal development, especially in resource development where investment risk is extremely high. Bankability should be boosted with public intervention.