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from
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Shaping Today to Benefit Tomorrow; A Year of Impact in Review
Starting Out
As we have approached another end of the year, it is a noteworthy opportunity to reflect on the last 12 months ideating and executing 18 projects, launching a website, moving to the US for a residential program, hiring and training new staff, and starting a solar panel production factory. It’s one day after Christmas, 7.14 pm, I am sitting with a cup of coffee whilst writing this at my apartment in New York City where I moved to in August 2023 for the Obama Scholars program.
I started the new year 2023 with a huge burst of energy. I traveled to Egypt in December 2022, spent some time at the beautiful land of Sharm el-Sheikh, and ended my trip by visiting Mount Sinai 2800 Ft above sea level, where I had a life-changing opportunity to observe the actual rising of the sun from the east by 6 AM.
Kickstarting 2023 with ‘Energy Tutorials and Short Lectures’
Investing in knowledge for the energy sector was important due to the rise in interest and investment in Africa’s energy sector and at the same time an increase in confusion and misinformation about the industry. So, we started a six-month project – Monday Energy Tutorials and Short Lectures where every Monday, I spoke on well–researched subject matter areas – reviewing the strategies of nations in advancing their energy sector taking into cognizance their economy, advantages and weak points, then highlighted exemplary countries and the strategic steps they took in leveraging their main strength instead of going with the crowd.
Creating the energy tutorials was important due to the rise in interest and investment in Africa’s energy sector and at the same time an increase in confusion and misinformation about the industry
These topics were key because we were in an era of climate change menace and energy transition where governments who have contributed least to climate impacts signed the Paris Agreement to reduce their carbon emissions and switch to renewable energies. It was important to think about how they could do this sustainably. We took a strategic look at Brazil, India, the USA, Egypt, and Nigeria and analyzed sub-sectors such as Electric Vehicles, Hydropower, and Bioenergy.
Work and Milestones
Brief Introduction
In this review, I will be talking to you about two main organizations. Our non-profit, Glow Initiative for Economic Empowerment was created in 2013 to promote local economic development through job creation and energy access. Our company, The Renewable Energy Technology Training Institute which first started as an advocacy program of Glow Initiative launched into a full-fledged company in 2019 established to train and prepare a workforce who will promote a clean energy transition.
Milestones (Glow Initiative for Economic Empowerment)
1) Our organization – Glow Initiative for Economic Empowerment reached 10 years in 2023 which we commemorated during a youth roundtable in Enugu State, Nigeria, and In New York, USA
Enugu State, Nigeria: Please read about the Glow Initiative 10th Anniversary commemoration in Enugu HERE and watch the VIDEO.
Strategic Partnerships Formed in 2023
1) Access Bank PLC
Our partnership with leading Nigerian financial institution – Access Bank Plc grew stronger as they have so far adopted and are funding 13 programs. This year we collaborated to launch 2 new projects – ‘Operation Save the Coast’ and ‘Act for Forest’ Program to promote climate resilience in coastal communities, create a new livelihood for fish farmers, and Plant trees in Delta. Our Program, the Climate Leadership Fellowship reached the 5th cohort this year.
2) US Government Exchange Alumni
We partnered with the US Government Exchange Alumni for the Climate Awareness Program with sponsorship from the US Mission in Nigeria to educate students from 5 secondary schools on Climate Change and create 10 green clubs – They purchased 110 units of our Climate Education Toolkitsfor distribution in the schools and school Libraries.
Projects Executed this Year at Glow Initiative for Economic Empowerment which Significantly Impacted Nigeria’s Economy;
Solar and Climate-Focused Projects
The Climate Leadership Fellowship, a three-month climate education program held its 5th cohort this year with 30 fellows from 23 Nigerian states who trained 6800 total students. The CLF has trained 175 climate leaders who, in turn, educated 68,000 students on climate change and worked with 180 partner schools, impacting over 123,800 community members across 20 states in Nigeria.
The Solar for Schools Community Project is focused on the installation of solar photovoltaic (PV) systems to power the computer centers of offgrid rural schools. This year we powered 4 schools in Kwale Delta State, Itchi in Enugu State, Urum, and Ugbenu both in Anambra State, and provided electricity to 6,350 students.
The Project Light Up is aimed at providing solar power to night markets, thereby reducing the reliance on kerosene lanterns and extending trading hours for women. This year, we powered a night market in Delta State providing more opportunities for 102 traders.
The Clean Water Project offers a sustainable water source to communities facing challenges from climate change. The project has provided clean water to over 26,000 individuals in Ebonyi State, Nigeria, and Enugu State (Obegu Izzicha, Ndunwanphu Ntezi, Amechi, Ulepa Ntezi communities).
The SHE CAN; Solar Champions Initiative for Girlsempowers girls in solar energy through comprehensive training, solar power for the school’s library, creating new career opportunities in the energy, ICT, and engineering sectors. This year we trained 50 young girls and installed a 3kva solar system for their school’s library.
Operation Save the Coast; launched this year, this project enhanced the socio-economic resilience of a coastal community through the installation of a 5 KW Solar PV system, providing reliable electricity for fish preservation and fostering economic stability.
Environmental Focused Projects
The Save Wildlife Awareness Program is a comprehensive effort with the primary aim of educating and involving residents in the preservation of wildlife. In its Enugu pilot phase, the project educated 250 hunters and farmers on conservation.
The Ozone Action Campaign aligns with the World Day for Ozone Layer Preservation, educating 1450+ youth on ozone protection and fostering their sense of responsibility. This year, we trained 1500 youths in Enugu State Nigeria, and ran a radio campaign that reached 1 million people.
The Act for Earth Campaign integrates awareness and action for environmental issues, engaging 7,220 community members in pollution reduction, habitat protection, waste management, and sustainable practices.
The Save Biodiversity Awareness Program educates communities on biodiversity conservation, conducts environmental cleanups, and promotes tree planting to restore ecosystems.
Act for Forest Program: Launched this year, the ACT for Forest program planted 100 regenerative trees in the oil-affected community, Kwale, and educated the community members.
This Year at Renewable Energy Technology Training Institute (RETTI)
RETTI provides educational programs on the design and installation of renewable energy systems for electricity purposes – 3000 trained – clean electricity provided for over 15, 000 persons including homes and businesses, and 840k tonnes of C02 prevented through the deployment.
RETTI Internship Program: We Launched the RETTI internship program, a strategic move to place our graduate engineers in solar installation jobs. 30 of them have currently received placement.
RETTI Virtual UniversityAfrica’s first online learning platform which has trained 1,450 individuals on solar design and installation. In 2023, one hundred and fifty people enrolled and took courses on the platform.
Africa Fellowship for Young Energy Leaders (AFYEL): This year we began our third cohort and welcomed 105 fellows from 23 African countries into the program. AFYEL is a six-month program established to train young Africans on the small and utility-scale areas of 4 core renewable energy technologies (Hydropower, Onshore Wind, Solar power, and Bioenergy).
We also graduated fellows of the second cohort in March 2023.
Our BIG NEWS THIS YEAR
RETTI Solar Panel Assembly Factory:Our Company – The Renewable Energy Technology Training Institute launched a new subsidiary – The RETTI Solar Panel Factory was established to manufacture high-quality solar panels tailored to meet the specific temperature and weather conditions in Africa. The primary goals include promoting standardized solar technology, fostering local employment, and contributing to the strengthening of Nigeria’s currency.
The factory’s core objectives extend beyond the production of top-notch solar panels; it also seeks to:
Advance the adoption of standardized solar technology across the region.
Generating employment opportunities within the community
Contributes to the skill development of the workforce
Promotes indigenous production and reduces dependence on imports positively impacting the overall economic resilience of the nation.
The RETTI solar assembly factory embodies a comprehensive approach, addressing technological, economic, and national development goals.
Africa has the strongest solar potential in the world (60% of the entire world’s solar capacity), which means that Africa can take the lead in the space of solar power technology for electricity generation. Nigeria can lead Africa in exploring its solar manufacturing capabilities.
Personal Achievements (Features, Awards, and Fellowships in 2023)
Fellowship
Obama Foundation Scholars Program: On 25th May 2023, I received the most gracious news, the best news I got in the year; that I have been selected as an Obama Scholar; one of 12 leaders from around the world to participate in the 9 months’ residential program at Columbia University in The City of New York and the first female awardee of the prestigious scholarship from Nigeria.
2015: I took a selfie with President Obama during the Presidential Summit of the Mandela Washington Fellowship
2023: Seated with 11 others during a roundtable discussion with President Obama
Books (Paperback now available on Amazon)
Excited to share that I upgraded all my books to Amazon and created paperback copies for them. You can now order paperback copies alongside Kindle. I am the author of eight books written for youths, in primary, and secondary schools to advance the knowledge of climate change and the intervention of renewable energy with strategies on how Africa can lead efforts in the new climate economy. All my books are now available for purchase on Amazon.
Ensuring Gender Equitable Energy Transition for Businesses
I joined leading experts at the 52nd session of the United Nations Human RightsCouncil (UNHRC) in Geneva and spoke during a roundtable session on the topic “Ensuring Gender Equitable Energy Transition for Businesses” at the Hotel Warwick in Geneva, Switzerland.
Championing Climate Action and Justice
I share with Columbia University students from the Energy and Environment Concentration of the MPA Development Practice on the topic: Championing Climate Action and Justice; a Case Study from Nigeria where we explored Keys to a Successful Community-Based Climate Action and Justice.
Climate and Interlinkages with Humanity; How Engineers Can Make a Difference
I delivered a Keynote address at the IEEE Power & Energy Society on the topic Exploring Climate and Interlinkages with Humanity; How Engineers Can Make a Difference.
The Next Generation of Energy: Innovations Driving Africa’s Path to Net-Zero
Core Principles to Empower Women in Public Transport
I spoke at the Smarter Mobility Africa’s Electric Mobility Summit on Breaking the Barriers for Women in Mobility where I shared 5 Unique Strategies to set up Women for Success in the #EV and public transport sector.
Very dear to my heart was my non-profit – Glow Initiative for Economic Empowerment clocking 10 years this year. It reminded me of Nelson Mandela’s quote which states – “It always seems impossible until it’s done”. It was a corporate pet community development project I started in 2013 to help widows and youth improve their economic opportunities.
It faced a lot of challenges and I was without funds and with only the support of my parents and siblings for the first 4 years. But this project surprised everyone and grew to birth four other organizations and companies.
I documented the story here in a memoir I wrote and published in 2021 – Dare to Be Audacious which is free.
Very dear to my heart was the creation and launch of the RETTI solar Panel assembly factory which launched in August 2023 to bridge the gap in Africa’s solar technology manufacturing, producing standard panels that are on par with our weather conditions and create local jobs.
We held the second edition of The Glory Project Annual Business Support Gala and Fair for women in our community situated in ETIOSA LGA which provided small grants for 6 female petty traders and hosted 50 kids for a Christmas Party. Watch this delightful video to learn more about this activity.
Thank you for reading! May 2024 be the year when your dreams come through.
Beyond Oil or Gas | Africa’s Imperative Leadership in the Global Renewable Energy Transition
Securing access to electricity is an urgent necessity for Africans. Renewable energy-powered electricity, beyond its role in addressing climate change, is fundamentally a basic need, akin to essentials like food, clothing, and water. The effectiveness of renewable energy in reaching millions without electricity access surpasses that of oil or gas. This is true, not only in my own story but is a shared experience for numerous individuals in Nigeria.
For all Africans, whether in urban or rural areas, affordable, clean, efficient, reliable, climate-proof, and renewable energy is indispensable for residential and productive purposes to achieve sustainable development goals. The critical aspect is that this energy must be both clean and renewable.
Aligned with the SDG Goal 7, the global trajectory aims for decarbonization by 2050. As we progress towards this target, there is a concerted effort to phase out all fossil fuels by 2050 to avert severe climate consequences. Consequently, prospective oil and gas projects in Africa face diminished prospects due to contracting overseas markets and financing. The commitment to this agenda was underscored by the UNFCCC COP 28, despite some mixed sentiments.
Africa’s Oil & Gas Sector
The African oil and gas assets, on average, incur development and operational costs 15 to 20 percent higher and exhibit carbon intensity 70 to 80 percent greater than the global average for such resources. With diminishing global capital for hydrocarbon projects, an analysis by McKinsey & Co suggests that the production costs of oil and gas in Africa are projected to escalate, potentially diminishing the competitiveness of African projects in the global market. As major oil companies pivot towards lower-emission regions, African oil-producing nations may face deprioritization for further development, escalating the risk of stranded assets containing substantial untapped reserves. This situation could intensify pressure on government spending and influence developmental priorities, especially considering that over half of African oil and gas producing countries rely on these resources for over 50 percent of their total export revenues. In Nigeria, for instance, petroleum exports constitute more than 85 percent of the government’s total export revenues.
The geopolitical events, such as the Russian-Ukrainian conflict in 2022, have strengthened the resolve of Europeans and Americans to reduce dependence on Russian gas in the short term and ultimately eliminate reliance on all gas in the medium to long term. This shift is perceived as an opportunity within the energy transition to simultaneously achieve goals of decarbonization and energy independence.
In its net zero by 2050 road map, the International Energy Agency (IEA) highlighted that the global energy sector needs to achieve a significant reduction in the use of hydrocarbons by 2040—including the phasing out of all unabated coal and oil power plants—in order to reach net zero by 2050. As a result, investor scrutiny for oil and gas projects, meanwhile, is intensifying as capital providers factor environmental, social, and governance considerations into their decisions.
Africa’s Potential
Conversely, Africa’s abundant renewable energy potential, particularly in the solar and hydropower sectors, is poised to attract increasingly viable and attractive investments. In net terms, Africa stands to gain substantially from a decisive expansion of renewable energy, including the capacity to manufacture the minerals, hardware, and software integral to the new zero-carbon energy economy.
The core of my message is straightforward: Africa has the potential to take the lead in global renewable energy development, and the time to focus on advanced renewable infrastructure is now. As the world gradually shifts away from oil, approaching the year 2050, there is a consequential reduction in investments, rendering projects in the pipeline potentially unbankable. Africa must act promptly and strategically in embracing renewable energy for a sustainable future.
Shell Divestment in Nigeria fulfilled a Decarbonization Target
In other news, in May 2021, the Netherlands Supreme Court ordered Royal Dutch Shell, through its corporate policy, to reduce its CO2 emissions by 45% by 2030, encompassing the scope 3 emissions of its hydrocarbon products. Interestingly, earlier that year, Shell had outlined one of the most ambitious climate strategies in the sector. The company aims to cut the carbon intensity of its products by a minimum of 6% by 2023, by 20% by 2030, by 45% by 2035, and ultimately achieve a 100% reduction by 2050, measured from 2016 levels.
In a somewhat surprising turn of events, Shell has divested its onshore operations in Nigeria, a move they began planning in 2021. The announcement was released on January 16th. This is not strange if I may say. This move is part of their goals towards sustainability.
Conclusion
It’s evident that the global commitment to transitioning to low-carbon technologies is substantial. African stakeholders must be prepared to seize the opportunities arising in the evolving climate economy.
Stay tuned for more insights on this in a subsequent post.
ABOUT THE AUTHOR
Glory Oguegbu is a climate specialist, energy transition entrepreneur, accomplished writer, and published author dedicated to advancing a zero-carbon world. Her mission revolves around promoting climate literacy, advocating for a just energy transition, and actively contributing to the development of renewable energy projects. Through her work, she aims to provide Nigerians with access to clean electricity, playing a pivotal role in sustainable and environmentally friendly energy solutions. Oguegbu’s efforts have been recognized with awards in acknowledgment of her significant contributions to the field.
She’s the founder and CEO of the Renewable Energy Technology Training Institute (RETTI) created to support electricity access which will benefit 93 million Nigerians by training and preparing new solar installers. RETTI has since trained 3000+ engineers who provided electricity for 15, 000 homes/businesses and offset 840, 000 tonnes of C02 through installations. Glory pioneered Climate Smart Nigeria, an ambitious environmental program designed to combat low climate literacy in Africa. Through the CSN, she created Africa’s first contextualized climate education learning toolkits and the Climate Leadership Fellowship.
She regularly shares her insights on these subjects through her BLOGand LINKEDINarticles. Through her writing, Glory contributes to the discourse surrounding climate change, energy sustainability, and the broader implications of the evolving energy landscape.
Deep Dive into USD 1.27 Trillion Climate Finance Dispersed in 2021/2022 | Who Gave and Who Received?
Examining the data in the graph above, it is evident that in 2021/2022, nearly $1.3 trillion (USD 1.27 TN) was allocated to climate projects, indicating a surge in climate finance. The data, sourced from the Climate Policy Institute’s report on the Climate Finance Landscape, reveals that a significant portion, about 71%, was directed towards climate change mitigation.
The average annual climate finance flows experienced a remarkable increase, reaching almost $1.3 trillion in 2021/2022, nearly doubling compared to 2019/2020 levels. This surge is attributed to an acceleration in mitigation finance, which saw an increase of $439 billion from the previous period. Notably, methodological enhancements and new data sources contributed to an additional growth of $173 billion each year in 2021/2022.
The distribution of climate finance across sectors is uneven. Energy and transport, being the largest-emitting sectors, attract the majority of mitigation finance, with energy receiving 44% and transport 29%. In contrast, agriculture and industry, significant emission sources, receive less than 4% of total mitigation and dual benefits finance, despite having a combined mitigation potential higher than that of energy and transport sectors.
I have analyzed my quick thoughts on the data, below:
Global Disparities
Noticeable gap in finance flowing to the global south and developing countries dealing with climate change impacts.
Mitigation Focus:
-70% of funding in 2021 / 2022 is directed towards the mitigation of climate change.
-Average annual climate finance flows reached almost $1.3 trillion in 2021/2022, nearly doubling from 2019/2020.
-Significant acceleration in mitigation finance, up by $439 billion from 2019/2020.
-Growth in 2021/2022 includes $173 billion each year from methodological improvements and new data sources.
Sectoral Imbalances
-Energy and transport, the two largest-emitting sectors, dominate mitigation finance (44% and 29% respectively).
-Agriculture and industry, despite significant emissions, receive less than 4% of total mitigation and dual benefits finance.
-Combined mitigation potential of agriculture and industry is higher than that of energy and transport.
Adaptation Finance Challenges
Adaptation finance reached an all-time high of $63 billion, growing 28% from 2019/2020.
Falls short of estimated needs of $212 billion per year by 2030 for developing countries.
Tracked adaptation finance dominated by public actors (98%).
AFOLU sector (Agriculture, Forestry, and Other Land Use), critical with wide-ranging adaptation needs, received only $7 billion (11% of all adaptation finance).
Geographical Concentration of Funds
-Developed economies, primarily from the private sector, mobilize the most climate finance.
-East Asia and the Pacific, the US, Canada, and Western Europe account for 84% of total climate finance.
-China’s domestic climate finance surpasses all other countries combined, contributing to 51% globally.
-International finance increased by 35%, with developed economies committing 84%, and EMDEs, including China, committing 13%.
-Less than 3% of the global total (USD 30 billion) went to least developed countries (LDCs), while 15% went to or within EMDEs excluding China.
Challenges and Gaps
-Uneven distribution – The growth is concentrated in a few regions (China, US, Europe) and sectors (energy, transport).
-Adaptation deficit: Adaptation finance lags far behind needs, especially in developing countries and vulnerable sectors like AFOLU.
-Private sector gap: Public actors still dominate adaptation finance, and private sector involvement is fragmented.
-North-South divide: Developed economies mobilize most of the climate finance, and flows to developing countries, especially LDCs, fall short of needs.
Positive trends
-Significant increase in overall climate finance: Global climate finance nearly doubled from 2019/2020 to 2021/2022, reaching USD 1.3 trillion.
-Mitigation progress: Most of the growth comes from increased investment in mitigation, particularly in renewable energy and transport.
-Data improvements: The data landscape is getting better, with better tracking of green bonds and other sources.
-Emerging technologies: Private finance is starting to flow into new areas like battery storage and hydrogen.
-We are making progress on climate finance, but the current growth is uneven and insufficient.
-We need to bridge the gap in adaptation finance, particularly for developing countries and vulnerable sectors.
-Mobilizing more private sector finance for adaptation is crucial.
-Developed economies need to do more to share the burden and direct finance to the most vulnerable regions and sectors.
In summary, the data illustrates positive trends in global climate finance, but challenges include geographical disparities, sectoral imbalances, and insufficient adaptation funding for developing countries. The need for consistent improvement, inclusivity, and meeting specific sectoral and regional needs is emphasized.
ETC (Energy Transitions Commission). 2023. Financing the Transition: How to Make the Money Flow for a Net-Zero Economy. https://www.energy-transitions.org/wp-content/uploads/2023/08/ETC-Financing-the-Transition-MainReport_update.pdf
BNEF (Bloomberg New Energy Finance). 2023. Energy Transition Investment Trends. https://about.bnef.com/energy-transition-investment/
CPI. 2023c (Climate Policy Initiative) How are public and private finance institutions progressing on their Paris Agreement and Net Zero goals? Available at: https://netzerofinancetracker.climatepolicyinitiative.org/
CPI. 2023 (Climate Policy Initiative) Global Landscape of Climate Finance https://www.climatepolicyinitiative.org/wp-content/uploads/2023/11/Global-Landscape-of-Climate-Finance-2023.pdf
ABOUT THE AUTHOR
Glory Oguegbu is a climate specialist, energy transition entrepreneur, accomplished writer, and published author dedicated to advancing a zero-carbon world. Her mission revolves around promoting climate literacy, advocating for a just energy transition, and actively contributing to the development of renewable energy projects. Through her work, she aims to provide Nigerians with access to clean electricity, playing a pivotal role in sustainable and environmentally friendly energy solutions. Oguegbu’s efforts have been recognized with awards in acknowledgment of her significant contributions to the field.
She’s the founder and CEO of the Renewable Energy Technology Training Institute (RETTI) created to support electricity access which will benefit 93 million Nigerians by training and preparing new solar installers. RETTI has since trained 3000+ engineers who provided electricity for 15, 000 homes/businesses and offset 840, 000 tonnes of C02 through installations. Glory pioneered Climate Smart Nigeria, an ambitious environmental program designed to combat low climate literacy in Africa. Through the CSN, she created Africa’s first contextualized climate education learning toolkits and the Climate Leadership Fellowship.
She regularly shares her insights on these subjects through her BLOGand LINKEDINarticles. Through her writing, Glory contributes to the discourse surrounding climate change, energy sustainability, and the broader implications of the evolving energy landscape.
