Etihad 7 Programme to Fund Renewable Energy Projects in Africa

The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) today announced the launch of Etihad 7 at Abu Dhabi Sustainability Week 2022. Etihad 7, a UAE-led innovation PROGRAMME, is dedicated to securing funding for renewable energy projects in Africa.

The PROGRAMME aims to supply clean electricity to 100 million people by 2035. The PROGRAMME will raise funds from the public and private sectors for clean energy investment with guidance and coordination from the UAE’s MoFAIC and Office of the Special Envoy for Climate Change.

The UAE is committed to partnering with Sub-Saharan African nations to achieve sustainable development and promote the welfare of the larger region by advancing together in the field of renewable energy."

Crucially, the Etihad 7 initiative will help African nations meet fast-growing energy needs without the corresponding surge in greenhouse gas emissions.

UAE launches Etihad 7 programme to fund renewable energy projects in Africa at Abu Dhabi Sustainability Week 2022#WamNews https://t.co/zqz0By56br pic.twitter.com/TxvjQqlFSq

— WAM English (@WAMNEWS_ENG) January 17, 2022

"With Etihad 7, the UAE consolidates its UN Sustainable Development Goal 7 efforts for Africa under a single initiative. In line with the UAE’s foreign policy and development goals, the PROGRAMME facilitates sustainable development by solving key challenges that hinder clean and affordable energy in emerging markets," he added.

Furthermore, he noted that the UAE already has a number of agreements in place with Sub-Saharan African partners under Etihad 7 to join them in pursuing their clean energy and economic aims.

This article was previously published on UAE Moments.To see the original article, click here