By Mekonnen Teshome
UAE launches Etihad 7 program to finance renewable energy projects in Africa. The Ministry of Foreign Affairs and International Cooperation in the United Arab Emirates launched the Union 7 initiative.
The initiative comes within the activities of Abu Dhabi Sustainability Week 2022.
The initiative promotes all of the UN Sustainable Development Goals for Africa.
The program seeks to secure financing for renewable energy projects in the African continent.
The program aims to provide clean electricity to 100 million people by 2035.
Funding is based on raising funds from the public and private sectors.
The cooperative program recognizes and adapts to the needs and requirements of partner countries.
The program aims to find solutions to the main challenges that hinder clean energy.
The initiative will be a focal point on the global sustainability agenda over the next decade.
It will help meet growing energy needs without increasing greenhouse gases.
The initiative is in line with the UAE's foreign policy and development goals.
The country has concluded a number of agreements with partners in sub-Saharan countries to build a prosperous continent.
It will harness its expertise in renewable energy to promote economic and human development in Africa.
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