Wind turbines in Rio do Fogo, Brazil

Working together for a sustainable energy future

At the multilateral level, too, Germany is working to support sustainable, climate-friendly energy systems.

A crucial role is played by the International Renewable Energy Agency (External link), IRENA, the REN21 policy network and the World Bank's Energy Sector Management Assistance Program (External link), ESMAP. Moreover, Germany is working with the SEforALL Initiative (External link) (Sustainable Energy for All). Within the EU Energy Initiative (External link) (EUEI), European partners coordinate their energy- and climate-related development cooperation activities.

Through its support policies, the BMZ contributes to the implementation of the Paris Agreement, which requires international financial flows to reduce greenhouse gas emissions and boost resilience to climate change.

In this spirit, the BMZ launched the multi-donor Global Energy Transformation Programme (External link) to get European players to join forces in helping to create more favourable conditions for investing in a global energy transition. The platform mobilises private investment in decentralised power generation (GET.invest) and advises partner countries and regions on shaping their energy transition (GET.transform).

Energy is also an important issue in the BMZ's cooperation with multilateral development banks.

Through the Africa-EU Energy Partnership (External link) (AEEP), the BMZ provides additional support to encourage close cooperation between European players and Africa, with a view to advancing the transformation of energy systems on the African continent, a continent of opportunity.