Open Sessions

SOU 31 - Finance for African cities : unlocking opportunities to enable resource flows for Sustainable Energy Access Climate Action Plans (SEACAPS)

21 Nov

21 November

9:30 to 12:30

Venue: Jaouhara (Hotel Pearl)

LEAD ORGANIZER

Covenant of Mayors in Sub-Saharan Africa

Tel: +233 (0) 540125686

Email: helpdesk@comssa.org

Web: https://www.comssa.org

ASSOCIATE ORGANIZER

ICLEI Africa

Tel: +27212020381

Email: iclei-africa@iclei.org

Web: http://africa.iclei.org/home.html

PRESENTATION OF THE SESSION

One of the requirements under the Covenant of Mayors for sub-Saharan Africa (CoM SSA) is for signatory cities to develop their sustainable energy and climate action plan (SEACAP). This plan aims to be the roadmap guiding CoM SSA cities' long-term energy and climate strategy and action. However, African cities, more than other cities in the world, critically lack access to funding to develop their SEACAP and to implement bankable projects, aligned with their SEACAPs. Based on existing solutions developed by some African cities, this session aims to inform cities on local climate finance opportunities and to give them some tools to attract funding to support the development of their SEACAP. The objectives of this session include to:
  1. Inform African cities on the different funding solutions available to support the development of their SEACAP.
  2. Present innovative solutions developed by African cities to fund their climate action.
  3. Connect and create a space for dialogue between African cities and donors.
  4. Enable cities to better understand donors’ requirements
  5. Enable donors to better understand African cities' needs in order to develop appropriate funding tools and methodologies.

PANEL

Programme

Summary

I- First panel – climate finance for cities : a funders’ perspective

The first panel will be composed of funders and financiers which will present the options they offer to cities to fund their climate change action.

Panel discussion- one hour (including questions- 10 min)

The panel will be composed of :

  1. Felice Zaccheo, DG DEVCO
  2. Stefan Atchia, AfDB
  3. Anne Odic, AFD (TBC)
  4. Kobie Brand- ICLEI Africa
  5. Shirin Reuvers – CDP (TBC)

Facilitator: Durmish Guri, CEMR

Discussion with the room – 30 min

After the presentations, an interactive discussion with the room will be organised to address the following points:

  1. Understanding cities’ needs Which specific source of funding would cities need to finance their climate change planning and action?
  2. Access to existing climate finance mechanisms and funds To what extent have African cities been engaging with national and international funding institutions? What are the opportunities and challenges perceived by African cities to access these funds? How could cities be better prepared to access these funds? How funders could better adapt their conditions to cities’ needs?

Coffee break 

II- Panel two : tackling climate finance at the city level

The second panel will be comprised of representatives of African and non-African municipalities, who have developed successful financial mechanisms or succeeded in accessing funding for their climate action. The objective is to showcase solutions developed by cities as well as to facilitate knowledge-sharing on best practices developed by cities in the field of climate finance.

Presentations : one hour (including 15 min questions)

  1. Raphael Edou, Cotonou, Benin
  2. Sebhatu Haileselassie, Addis Ababa, Ethiopia
  3. Doris Ombara, Kisumu, Kenya
  4. Facilitator: ICLEI Africa

Discussion with the room

  1. Exploring conditions and opportunities to replicate these good practices in other African countries. What were the enablers and barriers to these initiatives? What would be the advice of the panelists for cities willing to develop similar models?
  2. What role could international organisations, funders, banking institutions play to support these initiatives at the local level?

Speakers

Parallel Sessions