ABUJA, NIGERIA – EQS Newswire – November 29, 2023 – Edited by
Federal Ministry of Energy, Nigeriathe Rural Electrification Agency (REA) (https://REA.gov.ng/) of Nigeria is expected to play a key role at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, United Arab Emirates (UAE), on December 5, 2023.
As a leading force in promoting sustainable energy access and climate change interventions in Nigeria, REA will host a multi-format side event at the Nigeria Pavilion themed “Renewable Energy for Inclusive Development: Optimizing innovation for social impact and economic growth in Nigeria (https://apo-opa.co/3N79acl)” on the
December 5, 2023 at 9 a.m..
The REA will organize a second
Side event at 4 p.m. on “Financing the energy access gap in last mile communities in Nigeria (https://apo-opa.co/3N79acl)” the same day, December 5, in partnership with
InfraCredit, an institution renowned for unlocking long-term infrastructure financing in local currency in Nigeria. This second side event is aimed at a more specialized group of renewable energy developers, financiers and investors in the global off-grid space.
The two events should stick to
Nigeria Pavilion, Blue Zone, COP28, Expo City Dubai.
Set to be a focal point of the COP28 agenda, the REA side event aims to highlight the country’s data-driven energy transition journey as well as the agency’s series of interventions in of renewable energies and their impact in key sectors of the economy.
With a focus on leveraging innovation for social impact, economic growth and environmental sustainability, the agency will showcase its mitigation and adaptation interventions through the use of sustainable energy solutions while that it addresses the dual challenge of energy poverty, climate change and sustainable development. growth in Nigeria.
The REA, an implementing agency of the Federal Government of Nigeria, under the Federal Ministry of Power, is primarily responsible for the electrification of rural and unserved communities. Through data-driven and human-centered interventions, the Agency continues to partner with frontline stakeholders globally to provide innovative solutions to power last-mile communities, establishments health, higher education institutions, market centers and agricultural value chains.
In 4 short years, the Agency has deployed on
100 solar hybrid mini-grids and more
1.6 million solar home systemscatalyzing transformative development in last mile communities in Nigeria, unlocking economic potential of $9.2 billion per year and reducing the cost of self-production by $14 billion in 10 years.
Engineer. Ahmad Salihijo Ahmad, Managing Director/CEO of REA, explained that
“The agency’s presence at COP28 demonstrates our commitment to providing sustainable and equitable interventions in energy access. We believe that renewable energy is not just a source of energy but a catalyst for transformative change, touching all aspects of society and the economy.
At the REA side event, global stakeholders, including policymakers, financiers, development finance institutions, project developers, members of civil society groups and the media, will be entitled to engaging and informative conversations on the following key thematic areas:
Innovation for social impact: Unveiling groundbreaking initiatives and technologies that bring renewable energy solutions to remote and underserved communities in Nigeria, positively impacting lives and promoting social equity.
Economic growth thanks to renewable energies: Showcase success stories and strategies in productive use of energy (PUE) where renewable energy drives economic development, creates jobs and builds resilience to climate change.
Inclusive development strategies: Discuss policies and practices that ensure inclusiveness in the deployment of renewable energy solutions, with an emphasis on leaving no one behind in the pursuit of universal energy access.
Sustainability: Share lessons on data-driven, locally developed sustainability mechanisms designed to facilitate project ownership, targeted at optimizing clean energy interventions in Nigeria.
Reaffirming its commitment to promoting access to clean and sustainable energy in Nigeria, the REA is equipped with the required technical capacity and institutional frameworks and ready to forge strategic partnerships as it unveils investment opportunities in the sector of the country’s renewable energies.
Distributed by APO Group for the Rural Electrification Agency.
Meet the REA at COP28: For meetings, side event invitations and collaboration opportunities at COP28, contact Funmi on
[email protected] or Mohammed on
[email protected].
Join the conversation: The REA invites you to join the side events in person or virtually via this registration link (https://apo-opa.co/3RkY4mE).
Join the conversation on social media using #REAatCOP28 and #RenewableEnergyForDevelopment on Twitter (https://apo-opa.co/3R27sdn), Facebook (https://apo-opa.co/3QYEFXb), Linkedin (https://apo-opa.co/47y4QeA) and Instagram (https://apo-opa.co/3GjBi8o).
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