Recording
Organizer
This session was organized by The Commonwealth Sustainable Energy Transition Agenda
Background
The Commonwealth Sustainable Energy Transition (CSET) Agenda enables Commonwealth member countries to work together to fast-track an inclusive, just, and equitable transition to low-carbon energy systems across the Commonwealth.
In June 2019, delegates from across the Commonwealth gathered in London for the inaugural Commonwealth Sustainable Energy Forum. Three pillars of action emerged from their deliberations: (I) Inclusive Transitions; (II) Technology and Innovation and (III) Enabling Frameworks.
The second Commonwealth Sustainable Energy Forum was held virtually in May 2021 to facilitate consensus building, knowledge sharing as well as raised ambitions amongst member countries to accelerate the transition to clean energy systems and achieve the goals of SDG 7.
Member countries were also encouraged to step forward as champions to drive initiatives under the three CSET pillars of action. Country-led action groups drives initiatives under the three CSET pillars of action while the Commonwealth Secretariat provides technical and administrative support.
To date, three Action Groups have been formed on Energy Literacy, Geothermal Action, and Youth Action, with the ‘Champion Countries’ stepping forward to rally action and steer activities for each. Eswatini champions the Action Group on Energy Literacy. Kenya, a world leader in the sector, champions the Action Group on Geothermal Energy, and the Youth Action Group is led by a steering committee made up of representatives from Nigeria, the United Kingdom, Tanzania and Singapore.
Some of the ongoing projects under the CSET Agenda include:
Objectives
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To facilitate an intergenerational dialogue to share experience, knowledge, and insights for enhancing access to climate finance in the Commonwealth.
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To engage with relevant stakeholders from across sectors, regions, and institutions directly involved in climate finance at different levels to support the realization of the SDG7 targets.
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To share opportunities for introducing innovation and scaling up actions by collaborating with other actors, combining climate efforts and finance at the national level; especially those aligned with low-carbon and climate-resilient development strategies.
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To exchange knowledge and information around the good practices, tools and case studies from organisations involved in providing access to climate finance.
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To amplify the diversity of voices, and experiences of young professionals in capacity building and access to climate finance from developed, developing and least developed countries, identifying capacity-building gaps and needs, as well as solutions for addressing those gaps and needs.
Structure
Time |
Segment |
10 min |
Welcome and Introductions |
40 min |
Panel discussion by experts and young professionals |
10 min |
Interactive Q&A session |
Closing Remarks |
Speakers
Name
|
Affiliation/Organization
|
Damilola Ogunbiyi
|
UN SRSG for SEforAll, and Co-Chair of UN Energy
|
Luiza Demoro
|
Bloomberg New Energy Finance
|
George Li
|
The Association for Renewable Energy & Clean Technology
|
Uzoamaka Nwamarah
|
The Commonwealth Secretariat
|
Jens Jaeger
|
Alliance for Rural Electrification
|
Chris Chukwunta
|
International Renewable Energy Systems Inc.
|
Moderators
Billy Afghan, Genii Earth
Will Hewett, Genii Earth
Key Outcomes
- Strong government leadership and coordination, exemplified by Nigeria and Senegal's successful mini grid projects, are crucial for developing electrification plans and attracting private sector investment.
- Bringing more localized and community-based approaches can help ensure long-term sustainability and local benefits of projects.
- Tapping into innovation, such as repurposing abandoned pipelines and engaging insurance companies to address climate risks, attracts more commercial investment in resilience and adaptation projects.
Resources
The Commonwealth Sustainable Energy Transition (CSET) Agenda slides
International Renewable Energy Systems Inc
Genii Earth
Alliance for Rural Electrification
REA