Implementing the global energy transformation

Project description

Title: Global Energy Transformation Programme (GET.pro)
Commissioned by: Federal Ministry for Economic Cooperation and Development (BMZ)
Country: Global
Lead executing agency: Department of Infrastructure and Energy of the African Union Commission (AUC)
Overall term: 2018 to 2021

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Context

With the 2030 Agenda and the Paris Climate Agreement, the international community has adopted key objectives for sustainable development that also affect the energy sector. Two billion people worldwide still have no or insufficient access to sustainable, climate-friendly energy.

A large number of new energy and climate initiatives have been launched to provide this access. So far, however, developing countries have made only slow progress in the use of renewable energy. What is lacking are comprehensive coordination between the initiatives and effective instruments to implement them. Existing sources of financing are not being sufficiently used because there are no viable business models or fully developed project proposals. Moreover, the conditions for promoting an energy transition in the respective countries are inadequate.

Objective

The conditions for investment in the global energy transformation are improved.

Approach

As a European multi-donor platform, ‘GET.pro’ supports the implementation of international energy and climate goals by means of the following instruments: 

  • ‘GET.invest’ mobilises private investment in decentralised renewable energy. It advises project developers on formulating renewable energy projects that are eligible for financing (pipeline development) and brings national and international market actors together. The programme also works closely with business associations, investors and regulatory authorities.
  • ‘GET.transform’ supports the countries and regions involved in shaping their energy transformation and advises them on the necessary political and regulatory framework in the areas of integrated energy and climate planning, network integration and decentralised renewable energy.
  • The programme also hosts the Secretariat of the Africa-EU Energy Partnership (AEEP). This initiative supports the strategic-political dialogue between the two continents with a view to promoting the African energy transition.

The programme operates on a global scale with particular emphasis on African countries. It works closely with regional institutions such as the Department of Infrastructure and Energy of the African Union Commission (AUC) and regional energy centres. This strengthens the institutions in their role as knowledge multipliers and coordinators for regional sustainable development in the energy sector. Further implementation partners include European and African companies.

In the area of pipeline development, GET.invest cooperates with local and international business associations and financing institutions, for instance with the European Union’s Electrification Financing Initiative (ElectriFI).

Five European donors support ‘GET.pro’, namely the Federal Ministry for Economic Cooperation and Development (BMZ), the European Union, the Swedish International Development Cooperation Agency (Sida), the Directorate-General for International Cooperation (DGIS) of the Ministry of Foreign Affairs of the Netherlands, and the Austrian Development Agency (ADA).

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