What was the summit all about?

The International Energy Agency (IEA), on May 14, 2024, in Pars, hosted the first ever high level Summit focused on providing clean cooking access to more than a billion people in Africa.

The Summit was co-chaired by the leaders of the governments of Tanzania and Norway and the African Development Bank (ADB) and the IEA.

An inaugural Summit on Clean Cooking in Africa drew more than 1,000 delegates from nearly 60 countries to address the health and climate impacts of cooking using open fires and basic stoves.

What key moments transpired at the Summit?

$2.2 billion pledged.

At least $2.2 billion towards clean cooking was pledged at the inaugural Summit. The pledge contributes to the needed upfront investment costs estimated by the IEA to be USD 4 billion annually from now to 2030 to reach universal access to clean cooking in sub-Saharan Africa.

AFB to increase financing for clean cooking.

AFB president promised that, in concert with countries, AFB will increase financing for clean cooking to $200 million annually over the next decade, while also scaling-up the provision of blended finance for clean cooking through the Sustainable Energy Fund for Africa (SEFA).

The Clean Cooking Declaration signed.

More than 100 countries, international institutions, companies and civil society organizations also signed onto The Clean Cooking Declaration.

IEA’s double-lock system for implementation

The IEA said it will employ a “double-lock system” to ensure that momentum behind clean cooking does not slow in the coming months and years.

The agency will focus efforts on two areas. First, by using effective tracking methods to ensure that pledges and commitments are fulfilled, monitoring them carefully to make sure the money is spent in a timely manner and reaches those in need.”

Second, the IEA will continue to play a convening role to engage more willing partners and generate new funds to help meet the $4 billion a year in capital investments required between now and 2030.

What Tanzania has done so far?

Tanzania has already developed the detailed Strategy of the National Use of Clean Energy for cooking which gives direction of the country to move into energy consumption clean cooking. The Strategy aim at ensuring that by 2034, 80 percent of Tanzanians to use clean cooking energy.

Desclaimer