Projects in Renewable Energy and Climate change are our soft spots. The projects can be at any stage of development, in any African country of any size.
The world faces costly risks if countries are not able to meet the well-below 2o C climate change threshold set forth in the Paris Agreement.
• SDGs are a global responsibility requiring engagement by all nations, but especially by G20 countries, which are also leaders on renewable energy.
• The world is still struggling to reach the “well below 2o C” threshold under the current policies because Nationally Determined Contributions (NDCs) as a whole are not ambitious enough to achieve renewable energy and energy efficiency targets.
• Renewable energy and energy efficiency are complementary, and they need to be stepped up in parallel. This requires detailed mapping at the country level to develop different pathways and solutions tailored to local conditions, resource endowments and priorities.
• The dynamics of the energy innovation landscape, combined with social empowerment trends, are reshaping energy supply in favour of prosumers and Do-It-Yourself (DIY) behaviour.
Current direct investment priorities: utility-scale solar/PV, storage, wind power assets, waste-to-energy (various pathways to renewable energy and/or materials, including pryolysis/gasification or AD/biogas), regenerative agriculture, commercial real estate, housing, smart communities, efficiency and LED lighting retrofits. See below for more.
These renewables-related and clean industry sectors currently qualify for project financing through In3’s investment programs, whether or not the technology pathway is commercially proven.