In Burkina Faso, there is a need to reduce the high cost of electricity, which has a significant impact on the performance and profitability of Burkinabe enterprises. Thus, the country is initially focusing its inclusive green economy strategy on the development of renewable energy policies, including a feed-in tariffs policy.
In order to succeed in the transition to an inclusive green economy, Burkina Faso policy- and decision-makers will strengthen their capacities, in particular in terms of analysing challenges, identifying opportunities, prioritizing interventions, mobilizing internal financial resources, implementing policies and assessing progress to allow ongoing adjustments that will support effective implementation.
In addition to identifying gaps in policies, regulations, laws and standards in priority sectors to address potential roadblocks to green business development, the policy support component of SWITCH Africa Green supports the formulation of specific policies, regulations and standards and the establishment or strengthening of the institutions needed for resource-efficient and green businesses to emerge and grow.
