This article was first published on the RES4Africa Foundation website on November 14th, 2022.
RES4Africa Foundation in collaboration with the Regional Center for Renewable Energy and Energy Efficiency (RCREEE) held today the event What does it take to accelerate investment in Water-Energy-Food Nexus Projects?, in the framework of the United Nations Climate Change Conference (COP27).
Bringing together private and public stakeholders from the international energy sector, the conference provided the space for an open dialogue on existing Water-Energy-Food Nexus projects in MENA and Sub-Saharan regions, taking stock of perspectives and lessons learnt on development of innovative technologies, business models and investment opportunities, while understanding key challenges to accelerate WEF Nexus solutions powered by renewables. The gathering represented also the perfect occasion to present the findings of reports on WEF Nexus business models and financing mechanisms RES4Africa is carrying out on behalf of the GIZ Programme "Nexus Regional Dialogues Programme", co-funded by the EU and BMZ.
In recent years, the WEF Nexus approach has become an integral part of international development agendas: considering how water, energy and food systems are connected, it can reveal business models that respond to essential development needs. Today's discussion highlighted how these business models, if applied and scaled up, can increase economic productive capacity and drive socio-economic welfare in support of countries’ ability to mitigate and adapt to the impacts of climate change.
RES4Africa and its partners, provided a fruitful overview of the current state of the nexus scene, evaluating the existing business models and financing mechanisms as well as providing an in-depth understanding of the current challenges and opportunities to deploy integrated projects in MENA and Sub-Saharan Africa.
“Rapidly growing populations and economies in Africa are adding stress on existing infrastructure and supply systems. A huge surge in demand over basic resources is expected in coming years: it is estimated that by 2030 Africa’s water consumption will grow by 283% compared to 2005 levels, food demand by 60% compared to 2015, and electricity demand by 70% compared to 2016” commented Roberto Vigotti, Secretary General at RES4Africa “Today at COP27 we showed how, using the WEF Nexus approach, these countries can develop business models really contributing to Africa’s path towards a sustainable future.”
“Millions of people still lack access to energy. It is time to promote concrete actions on the ground with a transformational approach that requires interconnected management of resources water, energy with application to agriculture.” said Jauad El Kharraz, Executive Director at the Regional Center for Renewable Energy and Energy Efficiency (RCREEE).
The event saw the participation of:
- Jauad El Kharraz, Executive Director, RCREEE
- Silvia D’Ovidio, Head of Strategy, Governance & Institutional Relations, RES4Africa
- Jihad Al-Mahamid, Secretary General, Ministry of Water and Irrigation of Jordan
- Mathias Toll, Senior Policy Officer of the Division Water, Sanitation, Hygiene, BMZ
- Luca Traini, Area Manager, Access to Energy, RES4Africa
- Khalid Salmi, Sustainable Energy Management Expert, RCREEE
- Diala Hawila, Programme Officer – Policy Advice, Knowledge, Policy and Finance Centre, IRENA
- Edith Kirumba, Environment and Climate Programme Officer, IFAD
- Jacob Waslander, Envoy of the Netherlands for the Middle East on WEF –
- Amos Winter, Associate Professor of Mechanical Engineering, Massachusetts Institute of Technology
Impressions from the session
- COP27 // What does it take to accelerate investment in Water-Energy-Food Nexus Projects?
- Nexus Regional Dialogue in the Middle East and North Africa (MENA)
- Nexus Regional Dialogues Programme // Workshop: Towards WEFE Nexus bankability - Integrity readiness to improve cross-sector performance and attract investment
- Policy Paper // Towards sustainable renewable energy investment and deployment: Trade-offs and opportunities with water resources and the environment