2nd CPLP Energy and Climate Seminar

Under the topic “The contribution of climate finance mechanisms to accelerating the energy transition in the CPLP Member States”, the 2nd CPLP Energy and Climate Seminar will focus mainly on the role of climate funds. The event, which will take place on the 30th of October of 2024, in Praia, Cape Verde, will be held on the sidelines of a High-Level event on “Financial mobilization for climate resilience of Large Oceanic States - the case of Cape Verde”, promoted by the Government of Cape Verde, with the support of the Climate Action Programme, which also has the support of Luxembourg Cooperation (LuxDev).

Bringing together members of government and financiers in a debate on the energy transition in CPLP Member States, the 2nd CPLP Energy and Climate Seminar will focus on:

• the role of national banks in financing the energy transition (for example, by issuing green bonds);
• the outlook for COP 29, to be held in November, when a new Collective Quantified Target for climate finance is expected to be set;
• the strategies for mobilizing climate finance to accelerate the energy transition, presented by the representatives of the Ministries of Finance of the CPLP Member States;
• the national climate funds (e.g. resources from bilateral debt conversion agreements) and international funds (such as the Green Climate Fund).

The 2nd CPLP Energy and Climate Seminar is being promoted by the Government of São Tomé and Príncipe, which holds the Presidency-in-Office 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). 

Upcoming events:

• 4th November 2024: 3rd Seminar dedicated to carbon markets, in Rio de Janeiro (Brazil)
• March 2025: 4th Seminar to discuss a Lusophone roadmap for energy transition at COP30, in São Tomé and Príncipe