The provision of access to affordable, reliable and modern energy, as adopted by governments as one of the Sustainable Development Goals, is crucial for the eradication of poverty, for increasing resilience and for combating climate change. However, based on the recently published Global Tracking Framework, progress towards universal energy access is too slow and rural areas are left behind.
Decentralised energy is the fastest and most affordable way to power rural areas and reach the poorest. It is a key ingredient to support communities without access to energy in their development while leapfrogging fossil fuels and avoiding the increase of future emissions. Several barriers, however, prevent a quick uptake of decentralised solutions, hampering the low carbon development of countries.
This side event of the COP23 will highlight a variety of solutions and main challenges. Speakers from the public and private sector will share innovative means to overcome specific barriers around the uptake of decentralised renewable energy, and analyse how donors and financial institutions can improve support, e.g. through the new EU External Investment Plan (EIP) and its instruments.
ECDPM’s Sebastian Große-Puppendahl will speak at this session, and present the new ECDPM Discussion Paper ‘The EU’s financial instruments for access to energy in sub-Saharan Africa‘.
Find the programme of this side event here.
IRENA Renewable Energy Pavilion, COP23, Bonn
This side event is part of:
IRENA Colalition for Action, #Renewables4Climate, Hivos
Photo courtesy of warrenski via Flickr.