Towards the achievement of SDG 7 in sub-Saharan Africa: Creating synergies between Power Africa, Sustainable Energy for All and climate finance in-order to achieve universal energy access before 2030

摘要

Improved access to energy in sub-Saharan Africa (SSA) has the potential to alleviate poverty, promote industrialisation, facilitate gender equality and reduce the region's vulnerability to climate change. Consequently, the current low rates of electrification in many SSA countries has been identified as the most pressing obstacle to economic growth, more important than access to finance, red tape or corruption. Despite the presence of numerous initiatives for promoting energy access in Africa, and the Sustainable Development Goals (SDGs) calling for universal access to energy by 2030, Africa might still not be able to achieve universal energy access by 2030. Through an analysis of case studies, research articles, policy briefs and project reports this paper sought to investigate the policies, strategies and innovations that could help expedite SSA's progress towards universal energy access before 2030. This investigation revealed that an emphasis on rural electrification and linking energy access to agriculture and irrigation development as the case was in Viet Nam, could successfully diversify African economies and mitigate the negative perceptions about Africa's growth prospects and energy sectors that global economic shocks instigate. Additionally, the operations of Power Africa, the Sustainable Energy for All (SE4All) Initiative and the China South-South Climate Cooperation Fund can either significantly improve the financing and regulatory frameworks for SSA's energy sectors or constrain economic development in SSA by promoting rent-seeking and corruption which culminates into a 'climate finance curse'. Consequently, these initiatives can only facilitate inclusive growth as envisioned in the SDGs if SSA develops or strengthens institutions to coordinate and harmonise investments and aid from such autonomous diverse sources.