At COP 28, Italy's €5 million commitment to the Sustainable Energy Fund for Africa (SEFA) Special Fund, managed by the African Development Bank, underscored a crucial point: renewable energy is the cornerstone of a sustainable future for Africa. However, unlocking this potential requires innovative financing solutions. This session delves deep into the diverse financial tools and strategies that can propel Africa's renewable energy transition.

• How can innovative financing and funding mechanisms, such as green bonds, grants, government funding, climate funds, and blended finance, be deployed to attract large-scale investments in African renewable energy projects?
• What roles do development partners and financial institutions play in mobilizing and managing funds for renewable energy projects, and how can African countries effectively collaborate with international development agencies and multilateral financial institutions to secure and deploy this funding?
• What roles do financial instruments such as insurance, guarantees, and long-term power purchase agreements play in enhancing renewable energy projects' bankability and financial viability?