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
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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
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📢🚨 We are elated to announce that Zambezi River Authority will be an official gold sponsor at the upcoming Energy Forum For Africa - EFFA Conference. 💡 Join us from August 14-16 at The Mulungushi International Conference Centre Ltd for insightful discussions on the future of energy in Africa. 🔋 This esteemed event is being organised by the Ministry of Energy and Mimshach Engineering Consultants Limited, under the theme: 'Investment Opportunities in the Energy Sector in Zambia and Africa'. 🌍⚡ Don't miss this opportunity to connect with industry leaders and explore innovative solutions for our continent's energy challenges. 🤝💼 #EnergySolutions #EnergyCrisis #EnergySecurity #Financialinsight #Get2Know
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📢🚨 Financial Insight Zambia is pleased to announce that Africa GreenCo is an official platinum sponsor at the upcoming Energy Forum For Africa - EFFA Conference. 💡 Join us from August 14-16 at The Mulungushi International Conference Centre Ltd for thoughtful discussions on the future of energy in Africa. This esteemed event is being organised by the Ministry of Energy and Mimshach Engineering Consultants Limited, under the theme: 'Investment Opportunities in the Energy Sector in Zambia and Africa'. 🌍⚡ Don't miss this chance to connect with industry leaders and explore innovative solutions for our continent's energy challenges. 🤝💼 #EnergySolutions #EnergyCrisis #EnergySecurity #Financialinsight #Get2Know
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📢🚨 We are thrilled to announce that Financial Insight Zambia will be an official media partner at the upcoming Energy Forum For Africa - EFFA Conference. 💡 Join us from August 14-16 at The Mulungushi International Conference Centre Ltd for invaluable discussions on the future of energy in Africa. 🔋 This esteemed event is being organised by the Ministry of Energy Zambia and Mimshach Engineering Consultants Limited, under the theme: 'Investment Opportunities in the Energy Sector in Zambia and Africa'. 🌍⚡ Don't miss this opportunity to connect with industry leaders and explore innovative solutions for our continent's energy challenges. 🤝💼 #EnergySolutions #EnergyCrisis #EnergySecurity #Financialinsight #Get2Know
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📢🚨 Financial Insight Zambia is excited to announce that ZESCO Limited will be a key partner at the upcoming Energy Forum For Africa - EFFA Conference. 💡 Join us from August 14-16 at The Mulungushi International Conference Centre Ltd for invaluable discussions on the future of energy in Africa. 🔋 This prestigious event is being organised by the Ministry of Energy and Mimshach Engineering Consultants Limited, under the theme: 'Investment Opportunities in the Energy Sector in Zambia and Africa'. 🌍⚡ Don't miss this opportunity to connect with industry leaders and explore innovative solutions for our continent's energy challenges. 🤝💼 #EnergySolutions #EnergyCrisis #EnergySecurity #Financialinsight #Get2Know
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Good to finally put thought to paper with private sector recommendations for the Government of #Zambia on improving the 'bankability' of the regulatory framework for #minigrids. Can you imagine the private sector asking for more regulation? May seem unusual at first, but that's exactly what the paper explains - the risk of complete deregulation and the importance of having a tailored and fit for purpose regulatory framework which protects both #investors and mini-grid #customers. With our partners Africa Minigrid Developers Association (AMDA) we look forward to facilitating a continuous dialogue with all stakeholders, driving the policy/regulatory change required to support effective implementation of the Presidential 1000 Mini-grids programme. #energyaccess #RenewableEnergy #SDG7 #climatefinance #ClimateAction #investment
⚡️ Unlocking Zambia's energy potential: Private sector recommendations ⚡️ We are excited to announce the release of a new white paper co-authored by Africa Minigrid Developers Association (AMDA) and Camco that delves into the urgent need for effective regulatory reforms to rapidly scale mini-grid investments in Zambia. The paper highlights how recent legislative efforts and a renewed political commitment have sparked investor interest in the mini-grid sector, underscoring its essential role in delivering affordable, reliable, and sustainable energy to underserved communities. But while commendable initiatives like the Presidential 1000 Minigrids Initiative signify progress, recently introduced measures to accelerate renewable energy deployment have led to regulatory uncertainty that are likely to impede investment and sector development. To drive meaningful progress and put mini-grids at the forefront of achieving Sustainable Development Goal 7 (#SDG7) in Zambia, we advocate for a well-designed regulatory framework that fosters private sector investment. This white paper outlines key policy recommendations aimed at creating an enabling environment for mini-grid development. We invite you to explore these slides for an overview of our recommendations and to read the paper in full for a deeper understanding of how Zambia can foster a robust partnership between the government and private sector, paving the way towards achieving SDG7. Camco’s contribution to the white paper is part of a growing body of market development work being produced through the technical assistance facility (TAF) of Camco’s private debt fund, REPP 2. The REPP 2 TAF aims to help scale up Africa’s small and medium-scale renewable energy sector by working with developers, investors and governments to overcome the many challenges of successful project design and implementation. 👉 Read the full white paper here: https://lnkd.in/e8SGXViP Chiluba Mumba | Ieva Indriunaite (Indriūnaitė) | ‘Lamide Niyi-Afuye- | The Global Energy Alliance for People and Planet (GEAPP) | MIGA | Sustainable Energy for All (SEforALL) | The Rockefeller Foundation #minigrids #zambia #energyaccess #whitepaper #privatesector #recommendations Photo credits: ARC Power, ENGIE Energy Access (Africa) and Standard Microgrid
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Scaling mini-grids in Zambia needs more regulation. Yep, you read that correctly! Read our white paper with Africa Minigrid Developers Association (AMDA) to find out why.
⚡️ Unlocking Zambia's energy potential: Private sector recommendations ⚡️ We are excited to announce the release of a new white paper co-authored by Africa Minigrid Developers Association (AMDA) and Camco that delves into the urgent need for effective regulatory reforms to rapidly scale mini-grid investments in Zambia. The paper highlights how recent legislative efforts and a renewed political commitment have sparked investor interest in the mini-grid sector, underscoring its essential role in delivering affordable, reliable, and sustainable energy to underserved communities. But while commendable initiatives like the Presidential 1000 Minigrids Initiative signify progress, recently introduced measures to accelerate renewable energy deployment have led to regulatory uncertainty that are likely to impede investment and sector development. To drive meaningful progress and put mini-grids at the forefront of achieving Sustainable Development Goal 7 (#SDG7) in Zambia, we advocate for a well-designed regulatory framework that fosters private sector investment. This white paper outlines key policy recommendations aimed at creating an enabling environment for mini-grid development. We invite you to explore these slides for an overview of our recommendations and to read the paper in full for a deeper understanding of how Zambia can foster a robust partnership between the government and private sector, paving the way towards achieving SDG7. Camco’s contribution to the white paper is part of a growing body of market development work being produced through the technical assistance facility (TAF) of Camco’s private debt fund, REPP 2. The REPP 2 TAF aims to help scale up Africa’s small and medium-scale renewable energy sector by working with developers, investors and governments to overcome the many challenges of successful project design and implementation. 👉 Read the full white paper here: https://lnkd.in/e8SGXViP Chiluba Mumba | Ieva Indriunaite (Indriūnaitė) | ‘Lamide Niyi-Afuye- | The Global Energy Alliance for People and Planet (GEAPP) | MIGA | Sustainable Energy for All (SEforALL) | The Rockefeller Foundation #minigrids #zambia #energyaccess #whitepaper #privatesector #recommendations Photo credits: ARC Power, ENGIE Energy Access (Africa) and Standard Microgrid
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⚡️ Unlocking Zambia's energy potential: Private sector recommendations ⚡️ We are excited to announce the release of a new white paper co-authored by Africa Minigrid Developers Association (AMDA) and Camco that delves into the urgent need for effective regulatory reforms to rapidly scale mini-grid investments in Zambia. The paper highlights how recent legislative efforts and a renewed political commitment have sparked investor interest in the mini-grid sector, underscoring its essential role in delivering affordable, reliable, and sustainable energy to underserved communities. But while commendable initiatives like the Presidential 1000 Minigrids Initiative signify progress, recently introduced measures to accelerate renewable energy deployment have led to regulatory uncertainty that are likely to impede investment and sector development. To drive meaningful progress and put mini-grids at the forefront of achieving Sustainable Development Goal 7 (#SDG7) in Zambia, we advocate for a well-designed regulatory framework that fosters private sector investment. This white paper outlines key policy recommendations aimed at creating an enabling environment for mini-grid development. We invite you to explore these slides for an overview of our recommendations and to read the paper in full for a deeper understanding of how Zambia can foster a robust partnership between the government and private sector, paving the way towards achieving SDG7. Camco’s contribution to the white paper is part of a growing body of market development work being produced through the technical assistance facility (TAF) of Camco’s private debt fund, REPP 2. The REPP 2 TAF aims to help scale up Africa’s small and medium-scale renewable energy sector by working with developers, investors and governments to overcome the many challenges of successful project design and implementation. 👉 Read the full white paper here: https://lnkd.in/e8SGXViP Chiluba Mumba | Ieva Indriunaite (Indriūnaitė) | ‘Lamide Niyi-Afuye- | The Global Energy Alliance for People and Planet (GEAPP) | MIGA | Sustainable Energy for All (SEforALL) | The Rockefeller Foundation #minigrids #zambia #energyaccess #whitepaper #privatesector #recommendations Photo credits: ARC Power, ENGIE Energy Access (Africa) and Standard Microgrid
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🚨 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
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📢🚨 We are excited to announce that Financial Insight Zambia will be an official media partner at the upcoming Energy Forum For Africa - EFFA Conference. 💡 Join us from August 14-16 at The Mulungushi International Conference Centre Ltd for insightful discussions on the future of energy in Africa. 🔋 This esteemed event is being organised by the Ministry of Energy and Mimshach Engineering Consultants Limited, under the theme: 'Investment Opportunities in the Energy Sector in Zambia and Africa'. 🌍⚡ Don't miss this opportunity to connect with industry leaders and explore innovative solutions for our continent's energy challenges. 🤝💼 #EnergySolutions #EnergyCrisis #EnergySecurity #Financialinsight #Get2Know
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Climate Impact Auctions - Effective Subsidies for the Global South.
1wMy PhD is about the incentive mechanisms in Global Climate Finance and the potential of results-based payments. I am also collaborating with a few academics on a policy proposal called CLIMA: Results-Based Subsidy Auctions for Global Climate Finance. I would love to get in contact with the authors of this analysis! Best from Berlin!