10.09.2021

Achieving SDG7 in Africa Is a Sound Investment

Knowledge Facilitation Showcasing Joint Action

The 2021 AEEP Report European Financial Flows on SDG7 to Africa shows that, while a lot remains to be done, SDG 7 is achievable in Africa. In a guest article on the IISD SDG Knowledge Hub, Fiona D. Wollensack-Boult of the AEEP Secretariat discusses the findings and emphasises that achieving SDG7 in Africa is a sound investment as the cost of inaction would be far greater.

The AEEP report finds that an additional €69 billion is needed on average annually to realise SDG7, but that this cost is far less than the amount lost each year to power outages and electricity inefficiencies.

Some 2% of GDP in sub-Saharan Africa is lost annually due to power outages and 4% is lost from electricity inefficiencies

Guest authors @AfricaEUEnergy stress that making the achievement of #SDG7 in Africa both a need and a sound investmenthttps://t.co/8hDcVLeTyQ
— IISD SDGs (@IISD_SDGs) September 9, 2021

Read the full article on IISD SDG Knowledge Hub.

Sign up for the AEEP Energy Talks on 29 September to hear more about how SDG7 in Africa can become a reality and how the outcomes of the UN High-level Dialogue on Energy can support this.