European Financial Flows on SDG7 to Africa

The Africa-EU Energy Partnership’s European Financial Flows on SDG7 to Africa report quantifies global commitments made towards the achievement of the UN’s Sustainable Development Goal 7 in Africa for the period 2014-2020. Estimating annual investment needs and assessing the present funding gap, the report presents a clear pathway to achieving SDG7 by 2030, the progress made to date and highlights the quality of financing mobilised to support the SDGs and Agenda 2063, while also detailing the equitability of European financial flows through targeted support for poorer countries.

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European Financing of SDG7

International development and cooperation to bring sustainable energy to hundreds of millions of people in Africa is a key priority of European policy.

Other Financial Flows

African governments and institutions bear the primary responsibility for meeting SDG7, while multilaterals, non-European donors and the private sector are making vital contributions.

Focus

View European efforts in action and see how the levels of concessionality of funding extended to African countries differ according to their income status.

Conclusions

The funding gap to achieve SDG7 in Africa poses a daunting challenge, but it is a challenge that can be met.