The private sector is relevant as key multi-stakeholder partnerships can be built in this domain.

The private sector, in collaboration with regional development banks and institutional investors can create an enduring partnership structure. It is necessary to channel the know-how and resources of the private sector into the renewable energy.

Private Sector

The private sector is crucial to the development of new and innovative solutions to address the challenges faced in the renewable energy sector.

Creating innovative solutions

The private sector, at an international and local scale, play a crucial role in finding new and innovative solutions to address the challenges faced in the renewable energy sector.

Applying best practices

Actors in the private sector promote the achievement of business value by sharing best practices and lessons learned.

Mobilising resources

The private sector assists in mobilising resources to achieve set energy goals while ensuring that energy issues receive the priority attention they deserve due to their potential to act as a trigger for sustainable economic growth, poverty eradication and mitigation of climate change impacts.

Encouraging public-private partnerships

The private sector plays a crucial role in encouraging public-private partnerships in renewable energy. Here, there is an opportunity to pool resources together with the public sector.