How Senegal is positioning for a just transition

Senegal is strategically positioning itself for a just transition towards a more sustainable and energy-efficient future. Amadou Hott, Senegal's Minister of Economy, Planning, and International Cooperation, discussed the country's roadmap towards net zero emissions by 2050 in a recent interview with CNBC Africa. Hott emphasized the importance of leveraging Africa's abundant natural resources, particularly gas and renewable energy, to drive economic growth, create jobs, and promote climate resilience. Senegal aims to increase its energy mix by reducing reliance on heavily polluting fossil fuels like diesel and coal and transitioning to cleaner energy sources such as gas and green hydrogen. As part of its efforts to accelerate its transition, Senegal has partnered with Germany to develop its natural gas reserves. The partnership includes plans to export liquefied natural gas (LNG) to Europe, with potential opportunities for supplying gas to Germany. Hott highlighted Germany's commitment to diversifying its energy sources and reducing its dependence on Russian gas, signaling a growing interest in collaborating with African countries like Senegal to expand the global hydrogen market. Furthermore, Senegal is actively engaged in regional collaborations within the Economic Community of West African States (ECOWAS) and other regional power pools to strengthen energy infrastructure and facilitate cross-border energy trade. By participating in initiatives like the West African Gas Pipeline project, Senegal aims to enhance energy access and drive economic growth across the region. Despite facing macroeconomic headwinds, including the impact of the crisis in Ukraine, Senegal remains optimistic about its economic prospects. The country's growth projections are resilient, driven by the development of its oil and gas sector and ongoing investments in critical infrastructure, education, and healthcare. Senegal's sustainable development strategy prioritizes responsible management of oil and gas revenues, with a focus on investing in strategic projects and essential social services. To sustain its economic momentum, Senegal is actively promoting public-private partnerships (PPPs) to attract private sector investments, create employment opportunities, and stimulate economic diversification. The government's commitment to transparent and inclusive governance, coupled with its focus on expanding the tax base and fostering domestic resource mobilization, underscores its dedication to fostering sustainable and inclusive growth. In conclusion, Senegal's proactive approach to economic and energy transition underscores its commitment to achieving a more sustainable and equitable future for its citizens. By harnessing its natural resources, fostering strategic partnerships, and embracing innovative solutions, Senegal is well-positioned to lead Africa's transition towards a low-carbon, resilient economy.