CPLP Energy and Climate Seminars promote debate on climate finance for the energy transition

2 Jul 2024

The Government of São Tomé and Príncipe, which holds the Presidency 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), and with the institutional support of the CPLP, will promote a Series of Energy and Climate Seminars to discuss the contribution of climate finance mechanisms to accelerating the energy transition in the CPLP Member States.

This series of four seminars aims to boost cooperation and dialogue between public and private entities in CPLP countries; highlight national strategies for the energy transition; identify opportunities for climate finance and; discuss the regulatory role for implementing energy transition projects.

The CPLP Energy and Climate Seminar Series aims to bring together members of the government, leaders of energy companies, financiers and other interested parties in a space for debate. On the sidelines of the events, there will be consultation meetings, namely the CPLP Energy Focal Points Meeting, which will be convened by the relevant authorities in São Tomé.

The first seminar will take place on July 2, 2024, in the Auditorium of the CPLP headquarters in Lisbon (Portugal), and will focus on private investment. First, in addition to sharing national strategies for the energy transition, the importance of the regulatory framework for attracting investment will be highlighted. Concrete cases of private sector climate investment in the various Portuguese-speaking countries will then be presented, highlighting the role of national banks and the business sector in projects that promote the energy transition.

The second seminar, scheduled for October 10, will take place in Praia (Cape Verde), on the sidelines of a high-level event on Climate Finance, organized by the Cape Verdean government, and will focus mainly on strategies for mobilizing climate funds for the energy transition.

This will be followed by a third seminar, on November 22, as part of the 1st International Seminar on Carbon Credit Regulation, in Rio de Janeiro (Brazil), where advances in the regulation of national carbon markets will be presented.

Finally, the fourth and last seminar in this series, to be held in March 2025 in São Tomé and Príncipe, will launch the “Lusophone Energy Transition Roadmap for COP30”, which will compile the energy transition and climate finance strategies of each CPLP country; identify points of cooperation between them; and help define a strategy for the articulated participation of CPLP member states in COP30.

The CPLP Energy and Climate Seminar Series also has the institutional support of the Ministry of Infrastructure and Natural Resources of São Tomé and Príncipe, the Ministry of Energy and Water of Angola, the Ministry of Mines and Energy of Brazil, the Ministry of Industry, Trade and Energy of Cape Verde, the Ministry of Energy of Guinea-Bissau, the Ministry of Mineral Resources and Energy of Mozambique and the Ministry of Environment and Energy of Portugal.