'The EU is stepping up its offer to its partners with major investments in infrastructure development around the world.'
Striving to be the first climate-neutral continent by 2050 is the number one priority for the European Union. Climate change and environmental degradation are an existential threat not only to Europe but to the world. The effects of climate change are already having a heavy impact on Africa, with Mozambique being one of the worst affected nations globally. The European Green Deal, is our new DNA. To get there, all 27 EU Member States have pledged to reduce emissions by at least 55% by 2030, compared to 1990 levels.
The European Union advocates for and supports a fair energy transition in partner countries like Mozambique. The potential for renewable energy in Mozambique is immense. This is a fantastic chance for the country to meet its demands and probably even supply power to all of Southern Africa.
This endeavour is part of the Global Gateway, the European Union strategy to boost smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research systems across the world. It will support this green transformation, on the way to achieving the Sustainable Development Goals and commitments of the Paris Agreement. It will promote green technology exchanges and reinforce energy security.
The EU is stepping up its offer to its partners with major investments in infrastructure development around the world. Between 2021 and 2027, Team Europe, meaning the EU institutions and EU Member States jointly, will mobilise up to €300 billion of investments, out of this € 150 billion for Africa.
Private investors are critical to leverage the gap in capital that the public sector is not able to cover. On the 22nd and 23rd November 2023, the first edition of the Mozambique – EU Global Gateway Investment Forum, under the theme “Creating business opportunities”, will explore ways to attract quality investments within the framework of the Global Gateway. It´s expected to boost and diversify trade between Mozambique and the European Union in the energy sector, in agriculture and agribusiness, industrialization, transport and logistics, digital connectivity, blue economy and tourism.
This first edition will be organised under the leadership of Filipe Jacinto Nyusi, H.E. President of the Republic of Mozambique, Silvino Moreno, H.E. Minister of Industry and Commerce and Antonino Maggiore, H.E. Ambassador, Head of Delegation of the European Union to the Republic of Mozambique. The European Commission will be represented at highest level by Mrs Kadri Simson, commissioner for Energy.
The Mozambique – EU Global Gateway Investment Forum, will be followed on the 24th November 2023 by the 3rd Business Conference - Renewables in Mozambique 2023 (RenMoz 2023), organized by the Lusophone Renewable Energy Association (ALER) together with the Mozambican Association of Renewable Energies (AMER), with the support of GET.invest Mozambique, funded by the European Union and Germany and part of the European program GET.invest.
Let us create business opportunities all together!
Ambassador, Head of Delegation of the European Union to the Republic of Mozambique