Africa Sustainability Matters (ASM)’s Post

CALL FOR PROPOSALS | Zambia Energy Demand Stimulation Incentive Programme Calling all mini-grid developers in Zambia! The UEF (Universal Energy Facility) launched The Zambia Energy Demand Stimulation Incentive (ZEDSI) programme to support 100+ mini grid projects. This funding aims to boost mini-grid sustainability and stimulate electricity demand by supporting new or recent productive use of energy connections to small and medium enterprises and public services. ❗ DEADLINE: Friday, December 20, 2024 🔗 DETAILS: https://lnkd.in/epwdtP4x #Zambia #EnergyAccess #FinancingEnergyProsperity #Powering1000communities #SolarEnergy #MiniGrids The Global Energy Alliance for People and Planet (GEAPP) Sustainable Energy for All (SEforALL) Hakainde Hichilema UNOPS The Rockefeller Foundation

At the ongoing Zambia DRE Days event that brings together key energy stakeholders, The Rockefeller Foundation, The Global Energy Alliance for People and Planet (GEAPP) and Sustainable Energy for All (SEforALL) unveiled a new financial mechanism to support mini-grid developers. The Demand Stimulation Incentive is a first-of-its-kind, results-based incentive which will help overcome the barriers associated with #minigrid deployment, while greatly accelerating energy access, which will go a long way in improving #Zambia’s energy security and power economic growth, creating new possibilities for millions of Zambians. This incentive is in support of President Hakainde Hichilema’s decision to accelerate deployment of mini-grids through the 1000 Mini-grid Initiative. Find out more: https://lnkd.in/djAWXUvT

The results are in! The Ex-post Evaluation of the Beyond the Grid Fund for #Zambia conducted by Greencroft Economics has shown the programme was a critical component in seeding the Zambian off-grid #cleanenergy market and putting it on a path as an example for other countries in the region. Background: In 2016, REEEP was contracted by the Embassy of #Sweden in Lusaka to design and manage BGFZ, which aimed catalyse the development of the nascent clean energy market in Zambia. Together with Sweden, we designed a #holistic programme that addressed the key market challenges and supported building the basis for a longer-term #sustainable market-based growth of the #offgrid sector. The programme ran until 2022 and successfully laid the groundwork for the Beyond the Grid Fund for Africa, which aims to connect over 8.6 million people in sub-Saharan Africa by 2028. BGFZ's Impact: 🌍 1+ million people reached 💡83% with first-time access to clean and modern energy services ⚡2.8 MW renewable energy installed 🌲12,000 tonnes of CO2 emissions avoided annually 💵 25 million USD of income potential generated ☀ 500 jobs in the solar value chain and 1,400 agents Read our full summary, views on the results and access the full evaluation 👉 https://lnkd.in/d9ZGeyaT #SDG7 #CleanEnergy #EnergyAccess #ClimateResilience #RenewablesNow #ClimateAction Sida Nefco - the Nordic Green Bank VITALITE Zambia SupaMoto (Z) LTD ENGIE Energy Access (Africa) Standard Microgrid Power Africa

Call for urgent and equitable energy transition at 13th International Forum on Energy for Sustainable Development The energy crisis is global. In Southern Africa, the impact of prolonged drought on energy is painful and is having a devastating impact on development outcomes, including food security, jobs and the goal of sustainable industrialisation. Seen the story on the Kariba Dam – those who live in Zambia and Zimbabwe feel the impact directly. But there are opportunities for acceleration of renewables. UN leaders of the 5 Regional Economic Commissions attending the 13th International Forum on Energy for Sustainable Development have signed a statement calling for urgent and equitable energy transition. They have called for accelerating renewable energy deployment and improving energy efficiency, to triple global renewable energy capacity and double energy efficiency improvement rates by 2030, helping member States meet both SDG 7 and Paris Agreement objectives. See Claver Gatete’s remarks here https://lnkd.in/gYXkRZFZ. More: https://lnkd.in/ga9sQWNn #industrialisation #sustainableindustrialisation #renewableenergy #SustainableDevelopment #SDGs

📍Highlight story: The Ngonye Falls #Hydroelectric Project, Zambia 🇿🇲 Achieving support from local communities can be one of the most challenging aspects of hydropower development. The Ngonye Falls project, which is on course for Gold certification under the Hydropower Sustainability Standard, has demonstrated how effective communication can secure broad stakeholder support. 🤝 By engaging local communities early through a partnership approach, the project’s developers Western Power Company have transformed potential challenges around land and resource impacts into opportunities for dialogue and mutual understanding. 💡 When complete, due in 2028, the project will provide 180 megawatts of installed capacity, enough to power more than 200,000 homes across Zambia. 📘 The project is among several case studies featured in our new How-to Guide on Communications and Consultation, which outlines good and best practice for stakeholder engagement in hydropower development. Read the full story: https://lnkd.in/g6EgUVRt #Hydropower #CommunityEngagement #StakeholderEngagement #Sustainability #HydropowerSustainabilityStandard #RenewableEnergy #GlobalHydropowerDay #WithHydropower

Energy poverty remains a pressing issue across many parts of Africa, with millions of people lacking access to reliable electricity. However, the adoption of renewable energy sources presents a promising solution to address this challenge and pave the way towards energy prosperity on the continent. Renewable energy, such as solar, wind, and hydropower, is abundant in Africa and offers a sustainable and environmentally friendly alternative to conventional fossil fuels. As we look towards a more sustainable and prosperous future for Africa, it is crucial that we prioritize the adoption of renewable energy sources. By investing in solar, wind, and hydropower technologies, countries in Africa can improve energy access, reduce greenhouse gas emissions, create new job opportunities, and stimulate economic growth. Together, we can harness the power of renewable energy to build a brighter future for all Africans. Let's work together to embrace renewable energy and pave the way towards energy prosperity in Africa. Together, we can make a positive impact on the continent's energy landscape and create a more sustainable future for generations to come. Embrace renewable energy, empower communities, and drive economic growth.let's make it happen in Africa.

The programme is focused on catalysing investments in renewable energy for the acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country. The UN SDG-Fund is contributing $10 million to the programme whilst the government of Zimbabwe through the Infrastructure Development Bank of Zimbabwe (IDBZ) and local partners including Old Mutual Investment Group (OMIG), #CABS #InfrastructureDevelopmentBankofZimbabwe(IDBZ) #OldMutualInvestmentGroup(OMIG) #renewableenergy #SouthernAfrica #SustainableDevelopmentGoals(SDGs) #UNSDGFund #Zimbabwe #ZimnatAssetManagement

I am thrilled to share that I recently had the privilege of appearing on ZNBC television to discuss some incredibly important topics affecting our nation: load shedding, renewable energy alternatives, and the transformative impact of solar power on lives in Zambia. As many of us are acutely aware, load shedding has posed significant challenges for our communities and businesses. However, there is a bright path forward with renewable energy sources. During my discussion, I highlighted how solar energy, in particular, is not just a viable alternative but a game-changer for Zambia. Solar power offers a sustainable solution to our energy challenges. It harnesses the abundant sunlight we receive, providing a reliable and eco-friendly power source that reduces our dependence on non-renewable energy. This shift is not only essential for addressing load shedding but also for fostering economic growth and environmental sustainability. I also shared inspiring stories of how renewable energy projects are making a tangible difference in the lives of Zambians. From powering schools and clinics in rural areas to enabling small businesses to thrive, the renewable journey is creating opportunities and improving the quality of life across our nation. I am passionate about continuing this dialogue and supporting initiatives that promote renewable energy adoption. Together, we can build a more resilient and sustainable Zambia. Thank you to ZNBC for the opportunity to discuss these crucial issues. Let's keep the conversation going and work towards a brighter, greener future for all. #RenewableEnergy #SolarPower #Zambia #Sustainability #LoadShedding #GreenFuture ---

Zambia's first-ever green bond is a game-changer for the country's renewable energy sector.   Anchored by the Emerging Africa & Asia Infrastructure Fund as the cornerstone investor, this $53.5 million bond will finance critical solar infrastructure and bolster the country's energy diversification strategy.   Why it matters:   ◾ Expanding renewable energy sources strengthens Zambia's resilience against climate challenges, reducing reliance on hydropower ◾  The bond's listing on the Lusaka Securities Exchange (LuSE) enhances local capital markets and sets a precedent for sustainable regional finance ◾ This landmark project is more than just an investment - it's a commitment to a greener, sustainable future for Zambia and the region   🔗 Discover how innovative financing is accelerating Zambia's energy transition: https://nty.one/3OiRxXi Thanzi Ramukosi, CFA #Zambia #sustainableinvesting #greenbond #infrastructure #infrastructureinvesting #renewableenergy #investing #investment For professional investors.

🚨 ENERGY FORUM FOR AFRICA | ARTICLE ALERT 🚨 Zambia's Bold Steps Towards Sustainable Power "Attention policy makers, energy experts, power enthusiasts, and fellow Zambian citizens!" In his sizzling hot, thundering bombshell article "Turning Energy Crisis into Opportunity: Zambia's Path to Sustainable Power Solutions," Mwelwa Kenneth Chibesakunda MBA, Founder and CEO of Financial Insight Zambia packages the TEN golden actionable deliverables from Zambia’s inaugural Energy Forum For Africa - EFFA Conference. The swift orchestration of these the game-changing outcomes could propel Zambia's energy sector, positioning the country as a maestro in sustainable energy solutions in the region and across Africa. ⚡KEY ARTICLE HIGHLIGHTS: ⚡ • President Hichilema's stark warning on the energy crisis as a national security concern • Adoption of Open Access Regulations to boost private sector participation • Landmark partnerships and projects, including the 100 MW Chisamba Solar Project • Innovative financial solutions, including Zambia's first green bond • Strategic investments from mining giants like First Quantum Minerals • Ground-breaking Battery Energy Storage Systems (BESS) project • Youth engagement initiatives shaping the future of Zambia's energy sector inspired by Africa GreenCo Don't miss this critical electrifying deep dive into Zambia's bold moves to transform the energy sector and the potential synergic ripple effects across the African continent. Readthe full article to discover the 10 key deliverables that will synchronize Zambia's energy future! [LINK TO ARTICLE IN THE COMMENTS] #EFFA #RenewableEnergy #EnergyReforms #EnergyInvestment #FinancialInsight #Get2Know