This was
made known by the Executive Director of Sahara Group, Architect Tonye Cole, at a meeting dedicated to ‘Sustainable Development Goals’ during
the ongoing 70th United Nations General Assembly in New York. He was on the
advisory board of the Sustainable Development Goals Fund (SDG-F).
The meeting was
focused on Sustainable Development Goal 7 (Ensure access to affordable,
reliable, sustainable and modern energy for all) which was attended by the
President of the World Bank, Mr. Jim
Yong Kim; Foreign Minister of Denmark, Mr.
Kristian Jensen; Prime Minister of Benin, Mr. Lionel Zinsou; European Commissioner for International Cooperation
and Development, Mr. Neven Mimica,
and the President of the African Development Bank, Mr. Akinwumi Adesina, among others.
Architect
Cole explained: “Substantial investments are required
to achieve affordable and sustainable energy in developing nations. Wind and
solar energy sources are possible options that can be harnessed in rural
communities where consumption is relatively low. With the right strategy and
unwavering commitment from all stakeholders, we will be setting solid
foundations for deploying alternative energy sources to transform lives and
small businesses for disadvantaged communities across the globe.”
According to
Architect Cole, governments and power firms needed to collaborate to explain to
the populace the value chain of the power sector to ensure support for policies
as well as address incidences of energy losses and theft that disrupt energy
availability in developing nations.
Tectono Business Review gathered
that delegates at the meeting were unanimous in urging the development of
location specific action plans as the world seeks to achieve SDG 7. The World
Bank President said following its collaboration with the UN on the Millennium
Development Goals, the World Bank was excited about SDG 7 and further
partnership with the private sector in a bid to ensure universal access to
affordable, reliable and modern energy for all by 2030.
The AfDB
President and immediate past Nigerian Minister of Agriculture, Dr. Akinwunmi Adesina, urged African
nations to take ownership of the process of taking affordable energy to rural
communities, adding that his tenure at the AfDB would focus on promoting
sustainability and maximum impact for all interventions introduced by the
institution.
Sahara Group
said it had, among other initiatives and collaborations, been promoting
alternative energy sources through the “Sahara Light Up Nigeria Challenge”, a
capacity-building competition that seeks to produce inventions that support
renewable, alternative and sustainable sources of power supply. The
competition, which the company hosts through Sahara Foundation, inspires
students of higher institutions of learning across Nigeria to explore
opportunities for achieving sustainable power supply within their environment.
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