In a recent meeting of the World Economic Forum’s Network to Mobilize Investment for Clean Energy in the Global South, H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, collaborated with key stakeholders to discuss strategies for boosting clean energy investments. This meeting, which included prominent figures like Mr. Samaila Zubairu, CEO of the African Finance Corporation, focused on driving sustainable energy solutions and preparing a comprehensive guide for successful renewable energy practices.
The network’s goal to amplify clean energy investments by over sevenfold in the next decade underscores the urgency of combating climate change. By convening representatives from governments, international institutions, and development partners, the network aims to facilitate knowledge exchange and foster a conducive environment for clean energy finance.
H.E. Dr. Rania A. Al-Mashat highlighted the significance of the network in advancing investments in renewable energy. The upcoming digital guide, featuring 100 successful clean energy investment models, will serve as a valuable resource for stakeholders looking to replicate best practices and drive sustainable development.
The discussions also touched upon the challenges of securing financing for clean energy projects in developing countries and the efforts to address these obstacles through innovative solutions. The commitment to knowledge sharing and collaboration, as evidenced by the development of the guidebook with case studies from emerging economies, underscores the network’s dedication to driving the clean energy transition. By promoting clean energy investments and sharing best practices, they are paving the way for a greener and more resilient world.
