Abu Dhabi: Echoing its commitment to offer the benefits of sustainable solutions across the globe, the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has unveiled its Etihad 7 initiative to secure renewable energy project funding in Africa.
Publicized at the Abu Dhabi Sustainability Week 2022, the program is expected to provide clean electricity to 100 million people by 2035. The initiative will seek funds from the public and private sectors for clean energy investment with guidance and coordination from the UAE’s MoFAIC and Office of the Special Envoy for Climate Change.
The ambitious initiative expands the UAE’s longstanding and deep ties with Africa and will be a focal point of the country’s efforts to contribute towards the global sustainability agenda over the next decade.
The UAE Minister of State further added that, “As the proud host of COP 28 next year, the UAE is committed to partnering with Sub-Saharan African nations to achieve sustainable development and promote the welfare of the larger region by advancing together in the field of renewable energy.”
One of the major attributes of the initiative is its desire to help African nations meet fast-growing energy needs without the equivalent surge in harmful greenhouse gas emissions.
“With Etihad 7, the UAE consolidates its UN Sustainable Development Goal 7 efforts for Africa under a single initiative. In line with the UAE’s foreign policy and development goals, the program facilitates sustainable development by solving key challenges that hinder clean and affordable energy in emerging markets,” Sheikh Shakhbout bin Nahyan Al Nahyan stated.
The UAE Minister elaborated that “The robust relationship between the UAE and Sub-Saharan Africa is reflected in our partnerships and development projects. Today, the UAE is deeply invested in the prosperity and wellbeing of the entire African continent.” While adding that “we will leverage our existing relationships in Sub-Saharan Africa, including diplomatic, humanitarian, and development cooperation, to share the UAE’s renewable energy expertise to advance economic and human development.”
Sheikh Shakhbout also pointed out that the UAE already has a number of agreements in place with Sub-Saharan African partners under Etihad 7 to join them in pursuing their clean energy and economic aims.
“Etihad 7 is a truly collaborative PROGRAMME, one that acknowledges and adapts to the needs and requirements of our partner nations The UAE deeply appreciates the contributions of all African nations in this shared journey of development, and we in the UAE look forward with enthusiasm and optimism to a future in which our countries channel our cooperation into creating new avenues for our peoples to thrive,” the UAE Minister concluded.