Team Europe One Stop Shop
Your Access to European Support for the Green Energy Transition
Green energy based on renewable resources is key to meet the twin challenge of energy access and climate change in emerging economies. Billions of euros of investment capital are therefore needed. The European Union is a committed partner in this context, offering numerous financing and support facilities.
Navigating this landscape of facilities, however, can be a challenge, both for those who are looking for finance and other support as well as for those offering it. The Team Europe One Stop Shop is meant to be your access point for information about and facilitated access to European support and financing instruments for green energy in Africa.
- For energy companies and project developers, it provides a comprehensive overview of available solutions and financing tools and combines this with independent and tailor-made advisory services to facilitate and accelerate access to those tools.
- For providers of such solutions and financing tools, it creates visibility for the offered support and finance, and helps build a pipeline of viable investees.
The Team Europe One Stop Shop is part of the Team Europe Africa-EU Green Energy Initiative and powered by GET.invest.
A Team Europe initiative
The European Union is a committed partner in the transition to clean and sustainable energy – which constitutes a key element of the European Green Deal, the Paris Agreement and the Sustainable Development Goals.
This transition can only be achieved through a collaborative effort. Therefore, the European Union and Africa have joined forces through the Africa-EU Green Energy Team Europe Initiative that will guide common efforts in the coming years. This initiative aims to scale up the European Union’s contribution to achieving SDG7 in Africa, including increasing the rate of renewable energy in the energy mix, providing more African people with access to affordable, reliable and sustainable energy services, and ultimately moving towards universal access so that no one is left behind. It is part of the Partnership for Green Transition and Energy Access, as proposed in the Comprehensive Strategy with Africa, of the external dimension of the European Green Deal (December 2019) and of the EU’s Global Response (April 2020) to fight the negative impacts of Covid-19.
The Team Europe One Stop Shop is an important element of the Africa-EU Green Energy Initiative. Powered by GET.invest, it aims to refer private sector investors to the most suitable support mechanism and thereby encourages the private sector to participate in and benefit from the Green Energy Initiative.
Powered by GET.invest
GET.invest is a European programme which supports investments in renewable energy. The programme works with private sector businesses and project developers as well as financiers and industry associations to build sustainable energy markets in partner countries. Building on a predecessor programme, it has been in operation since 2016. At its heart, it provides tailored advisory to energy project developers and companies to access financing. This is complemented by capacity development, events, cooperation with associations, as well as information related to investments.
With a track record of more than 5 years, GET.invest is a leading initiative with a particular focus on sub-Saharan Africa, the Caribbean and now also the Pacific. Thanks to its wide network of cooperation partners and financiers, the programme is ideally placed to power the Team Europe One Stop Shop. GET.invest is supported by the European Union, Germany, Sweden, the Netherlands, and Austria.