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The World Bank, IFC, and MIGA are launching a joint program to triple the electrification pace in Sub-Saharan Africa. The program will work with governments and the private sector to scale up private financing and deliver clean energy services through decentralized renewable energy solutions, such as mini-grids, off-grid solar markets, and systems for schools and health facilities, solar irrigation and cold chain for farmers, and innovative business models to displace diesel generation and improve access reliability. The panel will discuss the importance of accelerating investment in distributed energy solutions and how innovative risk mitigation solutions can unlock barriers to investment. Insights will be provided by project developers, investors, and governments, who will highlight how political risk solutions could help mitigate some of the key risks while improving the viability of projects and accelerating scale. Learn more: http://wrld.bg/txAI50LuXEo Speakers Hiroshi Matano, Executive Vice President, MIGA Riccardo Puliti, Vice President of Infrastructure, World Bank Emmanuel Nyirinkindi, Vice President, Cross-Cutting Solutions Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development, Uganda Moderator: Ethiopis Tafara, Vice President and Chief Risk, Legal and Administrative Officer, MIGA 00:00 Welcome! COP27 | Sub-Saharan Africa Energy Access 04:46 Expanding energy access in Uganda 11:57 The support from the World Bank Group and partners 16:18 The role of the private sector 20:42 Scaling up private sector financing 24:28 How to move faster 27:38 Challenges in achieving universal access of energy 36:10 The factor of technology 38:34 The role of utilities 44:01 Closure WORLD BANK GROUP AT COP27 | LIVE FROM SHARM EL SHEIKH, EGYPT | NOVEMBER 6–18, 2022 The United Nations Climate Change Conference is expected to focus on the need to implement climate pledges, scale up climate finance, and address the adaptation needs of developing countries. COP27 will bring together leaders and national delegations, representatives from businesses, multilateral institutions, civil society and youth. Follow a series of high-level conversations live from the World Bank Group pavilion at the 27th United Nations Climate Change Conference in Sharm El Sheikh. Join us! #ClimateActionWBG ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org