With over 590 million people without access to electricity and 850 million people without access to clean cooking facilities, especially concentrated in Sub-Sahara Africa, Africa is facing a tremendous challenge to fuel sustainable industrialisation and inclusive socio-economic development by 2030 (Source: Oil Change International, 2019).
The High Level Platform on Sustainable Energy Investments (SEI Platform) is a response to the African Union – European Union summit’s call for greater efforts to establish the right business framework to attract responsible and sustainable investments and accelerate the implementation of the Sustainable Development Goals. More information is available at the homepage for the Africa-EU partnership.
Serving as a thematic task force under the Africa-Europe Alliance for Sustainable Investments and Jobs, the SEI Platform aims at bringing together African and European stakeholders to examine challenges and potential towards common strategic interests: accelerate impact, creating new jobs and inclusive sustainable growth by private and public investments in the energy sector.
SEI Platform thematic working groups
The SEI Platform focuses its work on three thematic areas through specific working groups (WG). The composition of the group reflects the geographic, cultural and gender diversity of both continents and have representatives from public, private sector and civil society.
- WG 1: identification of sustainable energy investments and business models that have the greatest impact on sustainable growth and inclusive job creation in Africa.
- WG 2: identification of policies, regulatory, market and business climate improvements, and reforms for removing barriers to scaling-up sustainable energy investments and to supporting pan-African sustainable energy integration.
- WG 3: identification of enablers to improve EU-Africa business to business partnership and networking as well as to facilitate responsible private investments in sustainable energy in Africa.
As a main objective for 2019, the SEI Platform will provide clear and forward-looking recommendations of actions and bringing them to the Heads of State and governments on both continents. The SEI Platform will also include recommendations to strengthen innovation and empower consumers as well as small and medium-sized businesses in Africa.