SEforAll Forum High-Level Side Event Addresses Implications of the War in Ukraine for Africa-Europe Energy Collaboration
The 2022 SEforALL Forum will be held from the 17th until the 19th of May in Kigali, Rwanda. The three day event will bring stakeholders together to evaluate progress, showcase success and identify solutions to achieve faster, broader gains towards sustainable energy for all. It will serve as a platform to broker new partnerships, spur investment, address challenges and drive action towards realizing SDG7 and a global clean energy transition. The Africa-EU Energy Partnership (AEEP) will be participating in the SEforALL’s high-level side event “Africa-Europe energy cooperation and the implications of the war in Ukraine” on the 18th of May (15:30 – 16:15 GMT+2).
While Africa is still recovering from the socio-economic repercussions of the COVID-19 pandemic, the Russian war in Ukraine poses new economic threats to many African countries as wheat, sunflower, fertilizers, and crude oil prices have soared to unprecedented levels. Additionally, the conflict has emphasised Europe’s reliance on Russian imports and has driven gas prices to their highest levels in nearly a decade, forcing many countries to reconsider their energy supplies. To that effect, the European Commission has released plans to curb imports of Russian gas by around two-thirds by the end of the year. These plans aim at increasing renewable hydrogen production, improving energy efficiency, and diversifying energy suppliers. This offers an important opportunity for Africa and Europe to work together and guarantee energy security on both continents.
The SEforAll Forum side event will tackle the implications the war in Ukraine has for both continents, the volatility of fossil fuel prices, and what this means for sustainable energy investments. The speakers, including the AEEP’s Head of Secretariat, Mr. Johan van den Berg, will explore the opportunities a strong energy cooperationcan offer Africa and Europe. Additionally, speakers will address the upcoming COP27how the EU’s Green Energy Initiative can be aligned to African needs in these uncertain times.
Register here: https://www.seforall.org/forum/registration