Description
The Africa Renewable Energy Initiative (AREI) is a transformative, Africa-owned and Africa-led inclusive effort to accelerate and scale up the harnessing of the continent’s huge renewable energy potential. Under the mandate of the African Union, and endorsed by African Heads of State and Government on Climate Change (CAHOSCC), the Initiative is set to achieve at least 10 GW of new and additional renewable energy generation capacity by 2020, and mobilize the African potential to generate at least 300 GW by 2030.
The AREI is firmly anchored in the context of sustainable development and climate change. It shows how low to zero carbon development strategies can be achieved in African countries through climate finance and means of implementation according to the principles of the UN Framework Convention on Climate Change (UNFCCC). It recognizes the critical importance of rapid expansion of energy access for enhanced well-being, economic development and the fulfilment of all Sustainable Development Goals.
