What IPCC climate projections mean for World Bank energy projects in Africa
“Yet even as the climate crisis accelerates, Africa needs to close its huge energy access gap and achieve its development goals.”
“Yet even as the climate crisis accelerates, Africa needs to close its huge energy access gap and achieve its development goals.”
This announcement follows on from this commitment to address the growing demand from domestic and international investors for sustainable investment opportunities across Africa. Drawing on PIDG and Helios’ distinctive blend of private sector development and investment expertise and track record of delivering impact in Africa, CLEAR will fund climate-aligned assets and growth opportunities whilst also contributing towards the achievement of the UN Sustainable Development Goals.
The three-day Forum brings together thought leaders across different sectors and industries in this unique Event highlighting environment and development climate change impacts and solutions including adaptation and mitigation measures in several sectors. Themes to be discussed include clean and renewable energy, sustainable development, ecological conservation, biodiversity protection, CO2 emissions control, food and water security under climate change, as well as sustainable transportation and cities.
Despite a 6-fold increase in the data being processed since 2010, data centre energy consumption has only risen by 6% to 2018 (Masanet et al, 2020). How has that been possible, and how does it inform sustainability developments into the future?
The Minister of Power, Engr. Abubakar D. Aliyu, during the groundbreaking ceremony in Ado Ekiti on Wednesday, said the project consists of a 50 kilometre stretch of 132kV transmission line from Ikere (Ado Ekiti) with a turn in – turn out at Ijesa Isu that terminates at Ilupeju Ekiti.
It also has a 2X60MVA, 132/33kV transmission substation with four line bays at Ijesa Isu Ekiti with a switching station at Ikere (Ado Ekiti) in the state.
The initiative is in line with the Nigerian Electricity Regulation Commission goal of ensuring there is reliable and steady power supply across communities in the country through partnerships between Distribution Companies and Independent Power generators.
The West African Power Pool (WAPP), is planning to create a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market.
The MoU is designed to deepen and strengthen the strategic partnership between the REA through the Solar Power Naija (SPN) Programme and InfraCredit in a bid to catalyse long-term local currency investments into the Nigeria solar off-grid space.
“While the DisCos are not exonerated from responsibility for performance failures, it would be unrealistic to reach related conclusions without taking into consideration the factors that have been listed previously, as well as the FGN’s contributions to these challenges.
The CEO who was represented by Chief Financial Officer (CFO), Ikeja Electric, Mrs. Sequinat Akinwunmi, said the training was done in collaboration with the National Power Training Institute of Nigeria (NAPTIN) and the Energy Training Centre (ETC).