Despite the relatively low contributions to global GHG emissions by most countries in the Global South, these countries are often the most vulnerable to rising sea levels, floods and extreme temperatures. Additionally, these countries face additional challenges including limited access to financial resources, lack of infrastructure and heavy dependence on climate-sensitive sectors like agriculture. To accelerate an equitable energy transition across the Global South, collaboration with the Global North will be needed across finance and investment, digital integration, technology development and innovation, and capacity-building while also enabling sustainable energy sources and reduced carbon emissions. Global energy's future hinges on collaboration. Governments, businesses, and civil society must unite to dismantle obstacles. Their joint efforts can propel an equitable shift for developing nations while fostering worldwide sustainability and decarbonisation.

Attendee insights:

This session will focus on crucial strategies and actions to reduce carbon emissions, combat climate change and ensure an accelerated energy transition across the Global South.

Clean energy projects are challenged by rising capital costs that deter investment, as well as underinvestment in critical supporting infrastructure like grids and storage – not to mention the non-financial barriers that impede project development speed and scale. What must governments do to de-risk investing across the clean energy project life cycle to reduce costs? What role should the finance industry and project developers play in prioritising the development of risk-mitigating mechanisms?

Attendee insights:

Understand the global economic bottlenecks impeding crucial clean energy project development.