Events
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The ETAF Platform Closes in on USD 1 Billion to Advance Energy Transitions in Developing Markets.
Sharm el-Sheikh, Egypt / Abu Dhabi, United Arab Emirates, 9 November 2022 – Today, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed on-site at the UN Climate Change Conference COP27 in Sharm el-Sheikh.
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16th June 2022: Masdar joins ETAF, bringing equity investment and technical assistance support for RE projects and decarbonization technologies in emerging markets.
The International Renewable Energy Agency (IRENA) signed agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (known as Masdar) at the Agency’s headquarters on 16th June 2022. The agreement with ADFD formalises the fund’s anchor investment of USD 400 million to ETAF Platform. The signing of the Letter of Intent with Masdar paves the way for renewable energy projects through technical advisories and equity investments.
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ETAF webinar on Facilitating RE project finance opportunities in Africa
Held on 6 December 2021, this webinar showcased the Energy Transition Accelerator Financing (ETAF) Platform, a new initiative from IRENA that is mobilising capital for supporting the energy transition. The webinar expounded on the current environment for the financing of renewable technologies in the region from the perspectives of project proponents, government representatives, Multilateral Development Banks (MDBs) and other initiatives focused on financing and implementing renewable energy projects in Africa. The webinar further explored how ETAF can be positioned to bridge the financing gap for projects in Africa.
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ETAF webinar on Financing RE project finance opportunities in LATAM
Held on 6-7 December 2021 in collaboration with IDB, this webinar showcased the Energy Transition Accelerator Financing (ETAF) Platform, a new initiative from IRENA that is mobilising capital for supporting the energy transition. The webinar expounded on the current environment for the financing of renewable technologies in the region from the perspectives of project proponents, government representatives, Multilateral Development Banks (MDBs) and other initiatives focused on financing and implementing renewable energy projects in Latin America and the Caribbean. The webinar further explored how ETAF can be positioned to bridge the financing gap for projects in the region.
