Malawian Fmr. President, DrJoyce Banda to Launch Campaign to Drum Investments in Energy Access in SSA

Addis Ababa, Ethiopia – April 21, 2024 – Dr Joyce Banda, the former President of Malawi, will launch the Six30 Campaign in Addis Ababa, Ethiopia, on Monday, April 22, 2024.

The Six30 Campaign aims to mobilise and enlist public and private donors to substantially increase funding and investments in renewable energy projects across the continent.
It is led by the African Coalition for Sustainable Energy and Access (ACSEA), the Pan-African Climate Justice Alliance (PACJA), and several other partners. The campaign will run from 2024 to 2030, coinciding with the end of the SDGs. The goal is to spur investments upwards of $630 billion to bring electricity to 630 million people in Sub-Saharan Africa by 2030.
This campaign aligns with the Sustainable Development Goals (SDGs) and the Paris Agreement, emphasising clean energy access, poverty reduction, and climate resilience.

Energy poverty: a silent crisis in Sub-Saharan Africa
Approximately 630 million people in the region live without reliable access to electricity, while some 790 million people without modern energy services rely on solid biomass (such as wood and charcoal) for cooking and heating.
This absence of modern energy services perpetuates poverty, limits economic opportunities, and affects overall well-being – all drivers of climate change vulnerability. Multiple factors account for the low access to sustainable energy services, but all are linked to or exacerbated by a lack of substantial and adequate financing.

Renewable energy offers hope in supplying the region’s energy needs but currently attracts less than 2% of global investments, making relying on the market to close the investment gap unsustainable.
The Campaign is based on the belief that bridging the energy gap in Sub-Saharan Africa is a crucial catalyst for promoting broader socio-economic development and tackling climate change.

About the Six30 Campaign
The Six30 Campaign is an ambitious initiative to address the energy access challenge in Sub-Saharan Africa. The campaign seeks to spur donors to mobilise $630 billion in investments to bring electricity to 630 million people by 2030.
Follow the campaign launch virtually at 2:00 pm Addis Ababa Time
https://us02web.zoom.us/j/81889493977pwd=MkVYSzVSTHdzSGVJNjc4YVNqckJmZz09

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