Vice President Yemi Osinbajo has departed Abuja for the United States of America to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan, according to Headlinenews.news investigative reports.
According to a statement issued by Osinbajo’s spokesman, Laolu Akande, he departed the country early hours of today, Wednesday, August 31, 2022.
It was said that the Vice President will return to Abuja early next week.
Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group (ETWG) on the US mission with meetings starting from tomorrow-the 1st of September to promote the plan and secure global support from the US government, the private sector, and other development partners.
The ETWG, which is chaired by Osinjabo, comprises relevant ministers and other top government officials.
While in the United States, Osinbajo will meet US Vice President, Kamala Harris; US Secretary of Energy, Jennifer Granholm, Secretary of Treasury, Janet Yellen, and President of World Bank Group, David Malpass, among others.
The Vice President is also scheduled to speak on Nigeria’s Energy Transition Plan at the Centre for Global Development in Washington DC.
The Vice President’s delegation to the U.S. will include Minister of Finance, Budget and National Planning, Mrs. (Dr.) Zainab Ahmed; Minister of Works and Housing, Raji Babatunde Fashola; Minister of Power, Abubakar Aliyu; Minister of Environment, Mohammed Abdullahi; Minister of State for Petroleum Resources, Timipre Sylva and the Special Representative of the UN Secretary General/CEO for Sustainable Energy for All, Ms Damilola Ogunbiyi. Nigeria’s Ambassador to the United States, Dr. Uzoma Emenike will also join the delegation.
The Nigeria Energy Transition Plan that was recently launched will showcase the country’s pathway to achieving net-zero emissions by 2060 and their leadership role in enabling a just and equitable climate future for Africa, with the ultimate objective of mobilizing the finance required to jumpstart implementation of the Plan. Specifically, the global launch will achieve the following objectives:
Highlight Nigeria’s commitment and ambition in achieving carbon neutrality while also ending energy poverty, which will lift 100 million people out of poverty, drive economic growth, and bring modern energy services to the entire population;
Create awareness to drive demand in other African countries by emphasizing the need for data-driven country-level energy transition plans in order to achieve a just, inclusive and equitable energy transition for all ahead of the ‘African COP’ hosted by Egypt;
Mobilize new partners by showcasing existing support for data-driven energy transition planning from international partners, including Sustainable Energy for All, The World Bank, The Rockefeller Foundation, and the Global Energy Alliance for People and Planet;
Mobilize investors and the private sector by showcasing concrete projects to deliver the transition goals while creating significant market opportunities.
Announce new opportunities for solar energy companies to obtain results-based finance from the Universal Energy Facility as part of a new financing window focused on supporting Stand-Alone Solar for Productive Use.