Rome, Italy – Libya participated in the Climate Finance Dialogues 2026, convened by the United Nations Development Programme (UNDP) Rome Centre, bringing together partners and financial institutions to accelerate climate investment opportunities across Africa.

The event provided a strategic platform to connect governments, development partners, and financial institutions, with a focus on enhancing bankability and mobilizing financing for climate-aligned projects.

Libya’s participation highlighted ongoing efforts to advance its renewable energy agenda, including the development of the 50 MW solar project under the PISTA initiative. Building on the foundational successes of the recently concluded Energy Transition Project, UNDP is actively partnering with Libyan authorities to advance the country's comprehensive Renewable Energy Strategy and conduct critical feasibility assessments. These foundational efforts are designed to ensure that national project ideas are credible, structured, and fully prepared for implementation. Engagements during the dialogue reinforced strong interest from international financial institutions and partners in supporting Libya’s transition toward sustainable energy solutions.

The Government of Italy was acknowledged for its continued support to climate and energy initiatives in Africa, including through its partnership with UNDP and the Rome Centre, which plays a key role in facilitating dialogue, technical assistance, and investment mobilization.

The discussions also underscored the importance of technical readiness, institutional coordination, and targeted investment frameworks in unlocking climate finance in fragile and emerging contexts.

Through its participation, Libya reaffirmed its commitment to strengthening partnerships and accelerating the development of bankable projects that contribute to the energy transition, climate resilience, and sustainable economic growth.