Risk Mitigation in Renewable Energy Investments in Africa
In order to enhance the use of risk mitigation instruments for renewable energy financing, IRENA and the Renewable Energy Performance Platform (REPP) organised a one-and-a-half day workshop on risk mitigation instruments, with a geographical focus on Africa.
The workshop brought together the main stakeholders for practical, hands-on discussion on the opportunities and challenges of risk mitigation instruments in renewable energy investments and how to increase the availability and use of such instruments for renewable energy projects in Africa.
Presentations
Opening
Key findings from IRENA publication Unlocking renewable energy investment: the role of risk mitigation and structured finance — Henning Wuester, IRENA
Introducing the Renewable Energy Performance Platform (REPP) — Ghita Hannane, REPP/UN Environment Programme
Panel 1
Introduction: Needs from governments and project developers in the context of risk mitigation — Rafael Ben, Climate Investment Fund
Ethiopia — Ebisa Regasa Biratu, Ministry of Water Irrigation and Electricity, Ethiopia
Namibia — Paulina Kandali Iyambo, NamPower, Namibia
Nigeria — Ifeabunike Joseph Dioha, Energy Commission of Nigeria
Swaziland — Khulekani Sifundza, Ministry of Natural Resources and Energy, Swaziland
Zambia — Chilombo Chila, Ministry of Energy and Water, Zambia
Panel 2
Africa GreenCo: Risk Mitigation through partnership, aggregation, diversification and market access — Cathy Oxby, Africa GreenCo
Geothermal Resource Insurance — Julian Richardson, Parhelion
Panel 3
Introduction: Success stories of providing and utilising risk mitigation instruments for renewable energy projects — Henning Wuester, IRENA
The Climate Investment Funds: A Decade of Delivery — Rafael Ben, Climate Investment Fund
Risk Mitigation in Renewable Energy Invesments - Experiences of Kenya — Paul Mbuthi, Ministry of Energy and Petroleum, Kenya
Case Study: Solar Projects in Senegal - Political Risk Insurance from the Overseas Private Investment Corporation (OPIC) — Peter Van Den Dool, Power Africa
Success stories of providing and utilizing risk mitigation instruments for renewable energy projects — Jasmin Jakoet, African Development Bank
The Energy and Environment Partnership Programme for Southern and East Africa (EEP S&EA) — Charles Wetherill, Nordic Development Fund
Panel 4
Challenges in providing and utilising risk mitigation instruments in renewable energy projects
IRENA Standardisation Initiative
