Mobilising private sector finance in Africa to achieve SDG7 outcomes – Beyond the Grid Fund for Africa is incentivising the private sector to scale up access to clean and affordable off-grid energy
Tuesday 9 November 2021
16:45 – 18:00 GMT (18:45 UTC+2)
Location: Online streaming + Glen Affric side event room at the COP26 Venue
Organised in collaboration with Sweden, Denmark and REEEP.
Off-grid solutions have played a key role in extending energy access to millions of people. More investments are essential to accelerate the deployment of it. The Beyond the Grid Fund for Africa (BGFA) is a multi-donor programme, which incentivises the private sector to offer affordable and clean energy access to people in rural areas, in Sub-Saharan African countries. The aim is to enable the establishment of up to 1.35 million energy connections and benefit more than 6 million people by 2026. The discussions will look at how off-grid electrification can be incentivised and explore financing opportunities for the private sector. The side event will also present first results from the piloting programme in Zambia.
The event will be streamed live on the UNFCCC YouTube channel. Watch the stream here
Moderator: Ash Sharma, Head of the Beyond the Grid Fund for Africa, Nefco
16:45 Opening by Per Olsson Fridh, Minister for International Development Cooperation of Sweden
16:50 Welcoming by moderator
16:55 Keynote by Koen Peters, Executive Director, GOGLA: The business case for SDG7 investment to reach the rural poor
17:05 Presentation by Peter Storey, Director of Investment and Strategy, REEEP: First implementation results in the pilot programme in Zambia and the scale to the Beyond the Grid Fund for Africa programme
17:20 Panel discussion
17:50 Q&A and conclusions
Per Olsson Fridh, Minister for International Development Cooperation of Sweden
Olsson Fridh is Sweden’s Minister for International Development Cooperation since 2021. The Minister was the State Secretary to Minister for Environment and Climate Isabella Lövin from 2020-2021 and the State Secretary to Minister for International Development Cooperation Peter Eriksson in 2019-2020. Since 2010, the Minister has held various political positions.
Koen Peters, Executive Director, GOGLA
Koen Peters is Executive Director at GOGLA, the association for the off-grid solar energy industry. Koen is a strong advocate of making market solutions work for public goals and believes the off-grid solar industry holds the key to the quickest, most cost-effective and overall best route towards universal energy access. Throughout his 25+ year career he has been active in private and public sector roles to support sustainable and green business development, with a specific interest in promoting energy access and renewable energy in emerging and developing economies.
Katarina Ammitzbøll, Member of Danish Parliament
Katarina Ammitzbøll is a Member of the Folketing for The Conservative Party in Copenhagen greater constituency from June 2019. She is also Chairman of the Danish Parliament’s 2030 network regarding the United Nations’ Sustainable Development Goals from 2021.
Jonathan Kampata, Managing Director, Lusaka Water and Sanitation company, Zambia
Jonathan Kampata is currently Managing Director of Lusaka Water Supply and Sanitation Company Limited, which is the largest water and sanitation utility in Zambia. He has 28 years’ experience in water resources management and development; and water and sanitation utility operations. He has worked across sectors dealing with the inter linkages of water and development and on water, food, energy and climate nexus. Recently, Jonathan has been involved in developing and implementing energy-efficiency and renewable energy solutions for the water utility use, which has a potential for scaling up to also provide energy to surrounding communities particularly in rural off-grid areas.
Peter Storey, Director of Investment and Strategy, REEEP
Peter Storey is a financing professional, specialised in developing countries and transition economies with significant expertise in renewable energy as well as other infrastructure sectors. He has held senior positions with major European banks and project developers and has over 20 years of experience of working on multi-disciplinary advisory and financing mandates and of structuring and developing projects.
Ash Sharma, Head of the Beyond the Grid Fund for Africa, Nefco
Ash Sharma is currently Senior Director at the Nordic Environment Finance Corporation and the fund manager of the BGFA. He is a climate, environmental finance, policy and investment specialist with over 30 years of experience in over 60 countries, with a current focus on Africa. During 2016-2018, he was seconded by the Danish Ministry of Foreign Affairs (Danida) as Senior Adviser to the NAMA Facility in Berlin. Sharma has served on various international climate change steering and working groups for Nordic Council of Ministers, UNEP, World Bank, G8 and G20 and has been an adviser to the European Commission, Innovate UK and the Climate Policy Initiative.
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