2nd CPLP Energy and Climate Seminar
Under the topic “The contribution of climate finance mechanisms to accelerating the energy transition in the CPLP Member States”, the 2nd CPLP Energy and Climate Seminar took place on 30th October, at Cape Verde Government's Palace, in Praia, Cape Verde, and mainly explored the role of climate funds. Bringing together members of government and financiers in a debate on the energy transition in CPLP Member States, the 2nd CPLP Energy and Climate Seminar focused on:
- the role of national banks in financing the energy transition (for example, by issuing green bonds);
- the outlook for COP 29, to be held in November, when a new Collective Quantified Target for climate finance is expected to be set;
- the strategies for mobilizing climate finance to accelerate the energy transition, presented by the representatives of the Ministries of Finance of the CPLP Member States;
- the national climate funds (e.g. resources from bilateral debt conversion agreements) and international funds (such as the Green Climate Fund).
The 2nd CPLP Energy and Climate Seminar was promoted by the Government of São Tomé and Príncipe, which holds the Presidency-in-Office of the Community of Portuguese-Speaking Countries (CPLP), together with the Energy Thematic Committee of the CPLP Consultative Observers, coordinated by ALER and the Association of Energy Regulators of Portuguese-Speaking Countries (RELOP).
The 2nd Seminar was preceded by the Energy and Climate Business Mission which, on 29th October, brought together Portuguese and Cape Verdean companies to explore investment opportunities in Cape Verde under the Climate and Environment Fund, created under the debt conversion agreement with Portugal, which will finance renewable energy, transport, water and sanitation projects in partnership with Portuguese companies.
Upcoming events:
- 4th November 2024: 3rd Seminar dedicated to carbon markets, in Rio de Janeiro (Brazil)
- 25th March 2025: 4th Seminar to discuss a Lusophone roadmap for energy transition at COP30, in São Tomé and Príncipe
Check the seminar presentations by scrolling down on the Speakers page.
Access here and rewatch the seminar streaming.
Audio available in Portuguese.
