Renewables

UNECE calls investors to showcase clean energy projects at COP29

Open call for clean energy projects for investor showcasing at COP29

Foto: Freepik

Published

August 6, 2024

Country

Region/EU, World

Author

Jelisaveta Perišić

Comments

Published:

August 6, 2024

Country:

Region/EU, World

Author

Jelisaveta Perišić

Comments:

The United Nations Economic Commission for Europe (UNECE) and the United Nations Climate Change High-Level Champions (Climate Champions) have issued a call for advanced-stage clean energy projects. The selected ones will be presented to public and private investors at the upcoming 3rd European Regional Finance Forum in Germany and COP29 in Baku, Azerbaijan.

This initiative aims to highlight innovative projects and attract funding to accelerate the transition to clean energy solutions. Interested parties can apply by filling out the form by September 10.

Selected advanced-stage clean energy projects from the Western Balkans, Central Asia, Caucasus, and Eastern and Southeast Europe will first be presented to public and private investors at the 3rd European Regional Finance Forum on October 9 in Hamburg, Germany, the call reads.

The program includes assistance in preparing presentations for investors at the United Nations Climate Change Conference COP29. Also, the developers of selected projects will be offered training in UNECE’s Public-Private Partnerships and Infrastructure Evaluation and Rating System (PIERS methodology), improving their skills in transparency, accountability, and readiness for investment.

The forum aims to strengthen partnerships between financiers and project developers

Continuing the success of past editions, the forum aims to strengthen partnerships between financiers from both the public and private sectors and project developers focused on the transition to sustainable energy, as stated in the invitation.

The event will bring together industry leaders, regional development banks, commercial lenders, sovereign wealth funds, private investors, and philanthropic organizations.

The forum will explore investment opportunities in clean energy, energy efficiency, waste-to-energy projects, industrial decarbonization, and sustainable transportation. Additionally, discussions will emphasize the crucial role of critical raw materials like lithium, nickel, copper, and rare earth elements in facilitating low-carbon transitions and clean energy solutions.

Last year, among the priority projects selected for COP28, four received partial funding, for an average of approximately 55%.

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