North Africa is at an economic crossroads. The region’s enormous energy resources – beyond just fossil fuels – equip it well for a sustainable energy future. North Africa possesses significant renewable energy potential for utility-scale solar and wind power, beyond what has already been tapped, as well as a substantial amount of tapped hydropower capacity. It also has decentralised, off-grid solutions set up in remote areas, and large potential markets in countries where access to electricity is limited, notably Libya and Sudan.
This report “North Africa’s Policies And Finance For Renewable Energy Deployment” by IRENA highlights North Africa’s large renewable energy potential and explores its current policy environment to support the energy transition and the deployment of renewable energy in the coming years. It also highlights policies for a just transition in North Africa, specifically, a shift of the region’s energy sectors away from fossil fuels and towards a more diversified, clean energy mix that supports the countries’ socio-economic development objectives, including the Agenda 2030.
Access the complete report here.
