The drive towards renewable energy is a priority in Malabo. With investments in solar and wind energy projects, the city aims not only to meet its energy needs but also to position itself as a leader in sustainable energy supply in the region.
The fund supports energy-related projects that benefit the environment for example by reducing greenhouse gas emissions, increasing the use of renewable energy or improving energy efficiency.
Through targeted investments and technical assistance, the EU supports the Republic of Congo in improving access to renewable energy, strengthening energy governance, and promoting environmental sustainability.
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Saudi Arabia has strengthened its position as a future clean energy supplier to Europe through a series of agreements signed in Riyadh, aimed at establishing export corridors for renewable energy and green hydrogen.
The Albanese Government is supporting Palau's renewable energy transition by investing a further $16. 4 million to upgrade the country's electricity network infrastructure.