The Beyond the Grid Fund for Africa is incentivising the private sector to scale up access to clean and affordable off-grid energy outcomes.
In collaboration with Sweden, Denmark and Nefco, REEEP is co-organising a COP26 side event, “Mobilising private sector finance in Africa to achieve SDG7 – The Beyond the Grid Fund for Africa is incentivising the private sector to scale up access to clean and affordable off-grid energy outcomes”.
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.
Side event schedule and location:
Date: Tuesday, 9 November 2021
Time: 16:45 – 18:00 GMT
Location: Room: Glen Affric Multimedia Studio 3 + Online streaming