Alberto Marcadi, secretary of GSE, started his speech expressing how important COP 27 in Egypt.
He expressed his admiration to the efforts put in Sharm Al-Shaikh to highlight the importance of just climate policies.
GSE Italian agency of energy and environment owned by the Italian ministry of economy and finance
They are involved in green projects specially solar panels
GSE grants incentives and develops key activities for energy efficiency, High-efficiency Cogeneration and PES-H and manages the blending obligation system in the transport sector.
The seminar discussed the main consideration about climate change in Africa.
Africa is the most vulnerable continent to climate change impact under all climate scenarios above 1.5 degrees Celsius
Africa faces exponential collateral damage, posing systemic risks to its economies, infrastructure investments, water and food systems, public health, agriculture and livelihoods.
The seminar highlighted the importance of universal access to electricity to be affordable, reliable, and sustainable.
The development of regulatory frameworks and enabling policies necessary to fully involve the private sector and international investors represent a crucial step.
Moving to the context of energy transition, Alberto discussed global net-zero pledges growing (128 countries – Incl. 12 African countries),and energy and climate targets enabled by RE + EV+ storage technologies with continued dropping costs and new global capacity (2021 : +6% – and 2022 :+ 8% – to see record growth).
The main energy challenges in Africa are the access to energy, the energy demand, and funding energy investments.
The next decade will be key to shaping the future Africa energy and electricity system;COP27 talks on what that future should look like. Key considerations at play:
1- Not all countries start their energy transition from the same place.
African countries stress their need and right for development and free use of their own energy resources.
All economies require energy systems that can accommodate development, industrialization, growth and achieve SDGs.
2- Pragmatic energy mix debate:
discussions on RE potential vs. limitations (hard-to-abate sectors).
Oil & gas discoveries & domestic vs. export market development.
3- No one-size-fits-all:
African countries differ widely and define their own pathways.
Right to define their own energy destiny.
Current crises convey debate about the role of natural gas as transition fuel for Africa’s future energy mix in the short, medium and longer term.
Alberto ended his seminar by stressing what is needed to achieve COP 27 goals.
First must not repeat the mistake of overlooking Africa’s specificity, both negative and positive, in the assessment of challenges and choice of solutions.
Achieving Africa’s energy and climate goals means more than doubling energy investment this decade (USD 190 billion p.a, from 2026 to 2030), Access to energy investment calls for Investment of USD 25 billion per year (IEA – 2022).
Generation, transmission and storage expansion to be planned in parallel to increase renewable energy.