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African
Ministerial Conference on hydropower and sustainable development
The African Ministerial Conference was held from 5 to 9 March in Johannesburg, South Africa with the objective to agree on the plan of action for developing huge hitherto untapped hydropower potential on the continent. The conference was attended by the energy and water ministers, chief executive officers of power utilities, experts, civil society organizations and donors. The African Development Bank was represented by Mr. A. R. Rakotobe (Mission Leader), Director Infrastructure Department, and Mr. B. Ram, Principal Power Engineer, Public Utilities Division North, East and South Region. Before the Ministerial meeting, five panels were assembled to review the key questions relating to (i) Water Resource Exploitation (ii) Economics (iii) Financing (iv) Human resources and (v) Environmental and Social impacts with panelists drawn from the multilateral financial institutions, utility experts, civil society organizations and the UN officials. Mr. B. Ram represented the Bank on the three panels, namely (i) Water Resource Exploitation (ii) Economics and (iii) Financing of hydropower projects. Mr. A. R. Rakotobe delivered a statement on behalf of the Bank in the Ministerial meeting highlighting the Plan of Action agreed at G8 conference at Gleneagles’, to create a Clean Energy Investment Framework for accelerating investment in clean energy and energy efficiency, and for developing new approaches for adaptation. The Investment Framework will complement, and provide a useful input to, the ongoing review of the ADB Energy Policy, and subsequently, the development of ADB Energy Efficiency and Renewable Energy Strategy. The Statement also underscored that, since Africa is in acute competition with other continents as a destination for investment, African countries need to pool their resources. The pooling of resources and stepping up regional cooperation is a must since without it, the African countries cannot provide energy services at least cost to compete effectively with other nations. (For the full statement, click here.) Given the complexity and the huge financial resources required for a number of bankable projects, the African Development Bank called for forging alliances and coalitions of donors to mobilize resources. In this regard, the Infrastructure Consortium for Africa (ICA) recently established at the Bank as a multi-donor initiative, is poised to assist in the necessary donor coordination and mobilization of resources. Statements were also made by the representatives
of the World Bank, Business Associations, and Civil Society Organizations.
The African Ministers representing the interest of their regions delivered
the key note addresses. The Ministers, after considering the recommendations
made a joint declaration and agreed upon a joint plan of actions to unlock
hydropower potential of Africa. The Joint Plan of Actions as agreed by
the Ministers is summarized below:
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