Senegal has taken a new step forward in the Just Energy Transition project. Following the signing of the project in 2023, the authorities launched the national communication and awareness campaign yesterday. It should be noted that the Government of Senegal has been working for several years on the Just Energy Transition project, which involves shifting to the use of clean energy to replace polluting energy sources.
The only drawback is that Senegal is struggling to mobilize the resources needed to finance the project. Less than one billion euros (less than 650 billion FCFA) have been mobilized three years after the project was signed.
The Just Energy Transition Partnership (JETP), concluded in June 2023 between Senegal and the International Partners Group (IPG) composed of Germany, France, the European Union, the United Kingdom, and Canada aims to mobilize 2,5 billion euros (approximately 1,640 billion FCFA) in new and additional financing over a period of three to five years.
« We can say that this amount is not very significant »
These resources will help support Senegal’s efforts to achieve universal access to energy, strengthen energy security, and transition to a low carbon, resilient, and sustainable energy system. The success of this transition depends not only on infrastructure and public policies, but also on the ability of national and local stakeholders to understand, embrace, and actively contribute to the process.
According to Yaye Catherine Diop, Director of JET (Just Energy Transition), the financing plan has been finalized:
I cannot tell you exactly the amount of resources mobilized, but we are at less than one billion euros. Today, we can say that this amount is not very significant, but this is mainly due to the project structuring that is underway. We have selected priority projects and now the focus is on structuring these projects to facilitate their financing.”
Better understanding the Just Energy Transition (JET) in Senegal!
Faced with growing challenges related to universal access to energy and the fight against climate change, Senegal has embarked on an ambitious transformation of its energy system. This ambition is outlined in the Energy Sector Development Policy Letter (LPDSEM 2025-2029) and in Vision Senegal 2050, which place the energy transition at the heart of sustainable development and the country’s energy sovereignty.
