Workshop on Financing and Investments in Mitigation Actions in West Africa

04/06/2012 - 01:00

The ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE), in collaboration with the Africa Caribbean Pacific (ACP) Business Climate Facility (BizClim) are jointly organizing a two-day Regional Workshop on Financing and Investments in Mitigation Actions in West Africa, which will take place in Accra, Ghana from the 4th to 5th of June 2012.  The workshop will be held against the background and experience gained with Clean Development Mechanisms (CDM) finance and renewable energy projects’ successes and failures in West Africa and elsewhere. The forum will therefore examine how policies, technologies, financing and capacity related bottlenecks to the development of Nationally Appropriate Mitigation Action (NAMAs) in West African countries can be addressed to increase access to energy as an engine for growth and improve the competitiveness of African economies. The meeting will bring together high-level decision makers and experts to provide visible leadership and political commitment to a common strategy for successfully shaping vibrant NAMA activities in the region to scale up renewable energy and energy efficiency with the view to both increasing access to modern energy services and the sustainability of the sector. Specifically, the workshop will have the following key objectives:

  • Review RE&EE situation and sustainability in West Africa and identify key barriers and integration of experiences gained elsewhere;
  • Review existing legislation, regulations procedures to assess selected ECOWAS country’s readiness for accessing NAMA related funds;
  • Identify the type of NAMA actions that are most suitable and desirable for the region;
  • Identify the related gaps and barriers and how they can be addressed;
  • Identify capacity needs for enablers or facilitators, Designated National Authority(DNA) offices and other stakeholders;
  • Discuss the proposal for the action plan and roadmap for promoting Financing and Investments in Mitigation Actions in West Africa;
  • Engage stakeholders on issue-oriented discussions so as to share experience and agree on a common final plan of action.

It is expected that over 80 high-level experts, government officials and representatives of leading regional and international organisations involved in climate change issues and financing will participate in the workshop.