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 renewable energy projects in Africa?
● 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?