Energy Transition and Investment Plans
Paving the way to universal energy access and net-zero emissions
Developing countries are committed to improving access to energy for their people, while contributing to the global fight against climate change. But they need finance and techncial assistance to help them achieve their goals.
Energy Transition and Investment Plans are an opportunity for countries to show how they will build energy systems to support economic and social development and achieve net-zero emissions. These plans allow countries to showcase the technologies and support needed to achieve their energy goals.
They include an investment plan that identifies specific opportunities and the types of finance needed (public, private, concessional), which helps them engage with investors and development institutions to attract funding.
Ghana and Nigeria are among a growing list of countries that have taken the lead in developing these plans, with the support of SEforALL and partners.
This plan sets out a timeline and framework for achieving universal energy access and net-zero emissions by 2060 by focusing on five key sectors: power, cooking, oil and gas, transport and industry.
The Government of Nigeria collaborated with SEforALL in developing and launching the plan, and we continue to support its activation through an Energy Transition Office that we helped establish within the government.
The Kenya Energy Transition and Investment Plan was published before COP28 in 2023. The plan was developed on the backdrop of Kenya's commitment to champion the fight against climate change. It provides a harmonized roadmap for the country's energy transition, which represents a USD 600 billion investment opportunity by 2050.Learn more
The Barbados Energy Transition and Investment Plan is under development and will be officially launched during the SEforALL Global Forum in 2024 in Barbados by President Mia Mottley. Barbados aims to become the first 100 percent renewable energy country as it moves away from a petroleum-based economy.Learn more