At the United Nations Climate Change Conference, COP29, in Baku, Azerbaijan, the Rockefeller Foundation announced a $10.9 million investment to support clean energy projects led by Africans.
This funding, revealed during Energy Day at the conference, shows the foundation’s dedication to advancing sustainable energy solutions across Africa. The money will go toward various projects aimed at improving energy access and boosting the use of renewable energy technologies.
One key part of this effort is the African Energy Futures Initiative (AEFI), which will receive $2.1 million.
AEFI will offer funding and technical support for energy solutions created by Africans. By providing long-term funding to centers that specialize in energy system modeling and analysis, the initiative will help local experts develop strategies that meet the specific needs of African communities.
Another $3 million will be invested in the African School of Regulation. This institution will work on creating policies and rules to improve energy management and implement sustainable energy systems.
The Rockefeller Foundation will also spend $400,000 to launch a Clean Cooking Delivery Unit in Kenya.
This unit will help millions of people move away from using traditional biomass fuels, which are harmful to health and the environment, and switch to cleaner cooking solutions.
An additional $300,000 will be used to support the integration of off-grid solar solutions into national plans for electrification in about 20 countries.
This is especially important for rural areas in Africa that still don’t have reliable electricity. The largest share of the investment—$5 million—will be used to install more than 1,000 mini-grids in rural Zambia.
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