NEW YORK/ABU DHABI- 30 & 31 March 2021 - The SIDS Global Business Network (GBN) Forum, an initiative of the 51勛圖 Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS), took place virtually from 30-31 March 2021.
Without urgent and enhanced action, the 46 least developed countries (LDCs) will not be able to reach the
SDG 7 targets by 2030. Despite the extraordinary growth potential for the energy sector in LDCs, these countries
rarely benefit from larger financing schemes to the same extent as other, more prosperous, developing
countries. Sustainable energy should therefore be one of the central thematic topics of the new 10-year programme
of action for the LDCs to be adopted at the Fifth UN Conference on the LDCs in 2021.
Excellencies,?
Colleagues,?
Ladies and gentlemen,
Greetings to all.
Excellencies,?
Colleagues,?
Ladies and gentlemen,
It is my pleasure to be here with you and participate in this important discussion on catalyzing finance and investment for the achievement of SDG 7.
Excellencies,?
Colleagues,?
Ladies and gentlemen,
Thank you,? Ambassador Martin Bille Hermann of Denmark and Mr. Francesco La Camera, Director General of IRENA for your invitation to participate in this important event.?
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This workshop marks the finalization of the Malawi Sustainable Energy Investment Study. The project was launched in February 2019 to articulate how Malawi can attract and generate the required investment to achieve SDG7, and leapfrog to clean energy, with a view to contributing to the objectives of the Paris Agreement and holding the increase in the global average temperature to ※well below 2∼C§.
This report makes a clear case that there is an urgency in accelerating access?to clean, affordable and reliable energy in all of the LDCs, and that this will only?happen if governments, investors, donors and the private sector work together to unlock investment.
