Renouveau FJ Marks Key Milestones in Women and Youth Renewable Energy Project

Renouveau FJ aims to increase the participation of women and youth in renewable energy value chains (REVCs) to support the transition to clean energy in Senegal. This transition has been slow to materialise, despite the growing availability of technological solutions and a downward trend in costs.

The research investigates the systemic barriers that women and youth face—as suppliers and promoters—in accessing business opportunities and solutions within clean energy value chains, as well as in promoting energy innovations.

The project recently marked a significant milestone, producing results from the initial phases of supply mapping and demand diagnosis.

 Results:

Barriers include;

• Limited access to funding and information
• High cost of technologies.
• A lack of necessary training .

 Next steps:

• Capacity building for 300 women (with the completion of a randomized controlled trial).
• Collaboration with financial institutions and government.

 Recommendations:

• Financial support via community groups.
• Provider information.
• Adapted financial products.
• Guarantee fund to reduce interest rates.
• Training in financial literacy and climate resilience.

To Learn more about this project, watch the video Renewable Energy Mobilisation: Women and Youth in Senegal  and hear from project lead and HEC Montréal’s Director of Sustainability Transition,  Luciano Barin Cruz, as he shares an insightful overview of the project.