SEforALL 2024 results: USD 2.48 billion mobilized as Global South leads clean energy push

Vienna, Austria – 4 August 2025: Despite persistent global challenges, Sustainable Energy for All (SEforALL) delivered major results in 2024, mobilizing USD 2.48 billion in financing commitments for clean energy access and transition efforts led in collaboration with partners. The results reflect the growing leadership of countries in the Global South in shaping a just and equitable energy future.

Over the past year, SEforALL helped secure 93 high-level commitments through Energy Compacts, while delivering integrated support in planning, policy, finance mobilization, and capacity-building across 24 countries, including 77 projects and initiatives.

A notable achievement in 2024 was SEforALL’s engagement in the Mission 300 initiative, led by the World Bank Group and the African Development Bank, which aims to halve the number of people without electricity in Sub-Saharan Africa. The initiative is designed to unlock financing, catalyze clean energy markets and scale solutions that could benefit far beyond the 300 million people directly targeted.

Recognizing the foundational role of energy access in driving economic development, SEforALL also advanced local clean energy manufacturing in Ghana, Kenya, Nigeria and South Africa, supporting solar PV, battery and electric vehicle (EV) value chains through skills development, industrial policy, enterprise support and investment facilitation.

In parallel, SEforALL launched the Council for Critical Minerals Development in the Global South, in collaboration with Swaniti Initiative and the UC Davis Institute for Transportation Studies. This effort provides tailored support to countries including Brazil, Ghana, India, Indonesia, Nigeria, and South Africa, essential for building sustainable supply chains critical to the global energy transition.

“Our 2024 results reflect the leadership we’re seeing from countries like Sierra Leone, which launched an Energy Transition and Green Growth Plan, and India, which is innovating in energy efficiency and investment matchmaking,” said Damilola Ogunbiyi, CEO of SEforALL and Special Representative to the UN Secretary-General. “These are not just plans, they reflect impactful action that is changing the landscape of global energy leadership.”

To learn more about SEforALL’s 2024 results download the 2024 Annual Report and Annual Monitoring Review.

About Sustainable Energy for All:

Sustainable Energy for All (SEforALL) is an international organization, hosted by the United Nations Office for Project Services (UNOPS) that works in partnership with the United Nations and leaders in government, the public and private sector to drive faster action towards the achievement of Sustainable Development Goal 7 (SDG7) – access to affordable, reliable, sustainable and modern energy for all by 2030 – in line with the Paris Agreement on climate. We work to ensure a clean energy transition that leaves no one behind and brings new opportunities for everyone to fulfill their potential. Learn more at www.seforall.org and follow us on LinkedIn @seforall

For media inquiries, please contact:

Sherry Kennedy: sherry.kennedy@seforall.org