Stantec to support sustainable energy investment across East and West Africa
The World Bank has reselected Stantec to lead their RISE project
11/18/2021 LA HULPE, BELGIUM
To support African countries in realizing investments in sustainable energy, Stantec’s International Development team in Belgium was selected by the World Bank to continue work for the Regulatory Indicators for Sustainable Energy (RISE) initiative. Stantec will be responsible for collecting and analyzing data and information for 18 countries in West and East Africa to expand and update the RISE index, which is used by policymakers to compare national policy frameworks for sustainable energy and identify opportunities to attract private investment.
RISE assesses a country’s policy support for each of the four pillars of sustainable energy, as defined by the World Bank Group (WBG) – access to electricity, access to clean cooking (for 55 access-deficit countries), energy efficiency, and renewable energy. With over 30 indicators covering 138 countries, representing over 98 percent of the world population, the RISE index provides a reference point to help policymakers benchmark their sector policy and regulatory framework against those of regional and global peers.
Stantec has been involved in the RISE initiative since 2015. As part of this new project, the team will be responsible for research, stakeholder identification, and the ultimate analysis of data received for the 18 countries, which include Eritrea, Kenya, Malawi, Rwanda, Somalia, South Sudan, Sudan, Tanzania, Uganda, Angola, Benin, Central African Republic, Chad, Ghana, Liberia, Mauritania, Nigeria, and Sierra Leone.
The World Bank believes that countries cannot eradicate extreme poverty or increase shared prosperity without sustainable energy, which is vital to social and economic development. This project aims to make significant steps towards paving the path for energy investment. We are proud to be selected for this role and to build on our work supporting the development of a global reference point for investment in sustainable energy, only this time, concentrating attention on East and West Africa instead of the previous more global scope.
“We are excited to build on the project management we provided for the first phase of this project through a full in-house team of technical experts within our organization,” adds Christophe Leroy, Operations Director for Stantec in Belgium. “Our team is growing, which allows us to work in a more agile and integrated manner to help see this project meet its aim of supporting the energy transition across Eastern and Western Africa.”
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