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- Sponsorship of the 2022 SEforALL Global Forum, May 17 - 19, 2022 Kigali, Rwanda
Sponsorship of the 2022 SEforALL Global Forum, May 17 - 19, 2022 Kigali, Rwanda
Financing Type | Grants |
Category | Technical Assistance |
Focus Area | Energy |
Approved | 11.04.2022 |
Signed | 19.05.2022 |
Loan Administrator | OPEC Fund for International Development |
Organization | SEforALL |
OPEC Fund Contribution (US$m) | 0.10 |
The 2022 SEforALL Forum aimed to: • Inspire and mobilize further bold action, partnerships, commitments, and resources by showcasing innovation and impact that underpin economic recovery, empower women and youth, drive universal access to healthcare and disrupt business as usual in order to achieve SDG7 by 2030. • Further shape what a just and equitable energy transition looks like across economies at different stages of development. • Bring non-state, private sector actors, women and youth to the forefront of shaping solutions required to achieve energy access and a just and equitable energy transition at scale. • Leave No One Behind (Sahel, small island and climate vulnerable states): Amplify the urgency of supporting SIDS and climate vulnerable states, framing the important energy component and solutions to challenges faced. Key Outcomes: The event featured 303 speakers. 1,300 persons attended, including 300 youth (in person). The Forum provided impetus for major new financial commitments to be made to energy access and transition. These included the following: • Bloomberg Philanthropies committed USD 242 million to accelerate the clean energy transition in ten developing countries, including Kenya, Mozambique, Nigeria, and South Africa, through partnerships with SEforALL, the ClimateWorks Foundation, and other key partners to expand renewable energy capacity and access while phasing out coal use. • The Global Energy Alliance for People and Planet (GEAPP) committed USD 50 million to further its multi-year support for SEforALL to support scaleup of the Universal Energy Facility, the resultsbased financing facility managed by SEforALL, and to also support countries’ energy access and transition plans. • IKEA Foundation announced USD 5.8 million in funding also to support the scale-up of the Universal Energy Facility. • Innovate UK’s Energy Catalyst initiative announced that up to GBP 40 million will be issued to help combat the climate crisis for communities in the Sub-Saharan African, South Asian and Indo-Pacific regions.