Southern Africa has access to a wealth of primary renewable energy sources, with enough geothermal, hydro, wind and solar resources to provide gigawatts of power. However, the adoption of low-carbon technologies is uneven and hampered by technical, financial and regulatory barriers that slow down the region’s energy transition.
In this context, AFD’s supports both private and public entities on the path to reliable, low-carbon and affordable energy. For AFD, sustainable development and poverty alleviation cannot be dissociated from fighting climate change and protecting the environment. More than 50% of AFD’s projects have climate co-benefits such as reduction of pollution, creation of green jobs or improved energy security through diversification.
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