COP27: MOBILISING A TRANSITION AGENDA THAT LEAVES NO ONE BEHIND

Publication Information In a side event to the Summit of Heads of State and Government at the United Nations Framework Convention on Climate Change Parties (COP27) taking place in Sharm el-Sheikh, Egypt, which brought together Tony Blair, former British Prime Minister and Executive Director of the Institute for Global Change, Akinwumi Adesina, President of the African Development Bank (AfDB), Rick Duke, US Deputy Special Envoy for Climate and Mafalda Duarte, CEO of Climate Investment Funds (CIF), President Filipe Nyusi said that "Mozambique has no coal plant to close", and it is one of the most exemplary countries in the Southern Africa region in terms of reduction of carbon emissions. Contributing to the discussion on the theme "Mozambique leading the Energy Transition in Southern Africa", Nyusi said that a large part of the country's energy matrix is made up of clean energy sources. The President noted the focus on hydropower, whose investments may be around US$50 billions, pointing to the proven potential to be explored as M'panda Nkuwa project with a capacity of 1500 MW, Mpanda Nkuwa North with 900 MW, Cahora Bassa North with 1245 MW, Lupata with 650 MW, Boroma with 200 MW and Chemba with 600 MW. The President highlighted the importance of the Mpanda Nkuwa dam project, with an investment of about US$4 billion, whose development is at an advanced stage. "The project includes the high voltage power transmission line that may supply the region, contributing to the implementation of Regional Economic Integration, job generation and the trade balance," the Head of State said. Hydropower continues to be the largest renewable energy source in terms of installed capacity. (...)