To complete the process, please follow the instructions in the email we just sent you.She highlighted how challenges in resource mobilization limit African countries from being able to undertake the massive investments needed in energy access and other critical areas.pandemic highlighted, energy is an essential component for achieving resilience. And resilience is indispensable to ensure the sustainability of development efforts," she said.
"Without resilience, the next global crisis will revert all the progress we make in the coming years, in the same way that the pandemic undid in just one year development gains obtained through decades of hard work."Ms. Mohammed outlined five steps to help revert the current negative trend, starting with strengthening institutions, including through the digitalization of domestic resource mobilization systems.
She cited the example of Angola, where customs revenue increase by 44 per cent just one year after digitalizing the customs process through support from UN trade agency,Governments must also increase efforts to build reliable policy and regulatory frameworks, while support for data-based energy planning exercises in all African countries is also needed.
Meanwhile, technological transfers and technical cooperation must be increased, together with Official Development Assistance from governments for institution-building. Finally, the international financial architecture must be reformed to provide African countries with"breathing space in the short-term", she said, through measures such as the UN's call for an
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