Arab Sustainable Energy Initiative: Sustainable Energy Finance
The launch of the Sustainable Development Goals (SDGs) at the UN General Assembly in September 2015 defines the start of a new era of global development partnerships, with partnerships under SDG 7 on Sustainable Energy to ensure access to affordable, reliable, sustainable and modern energy for all. This holds special importance in the MENA region, with aspirations across the region to scale up the share of renewable energy and energy efficiency in the region’s energy mix.
To help countries achieve this objective, the UNDP, Regional Center for Renewable Energy and Energy Efficiency (RCREEE) and CEBC are launching a new Arab Sustainable Energy Initiative comprising three pillars – Capacity Development, Sustainable Energy Finance, and Decentralised Energy Solutions and members are invited to join Task Forces covering these three pillars.
Purpose: The transition to a sustainable energy future requires a scale-up of public and private finance. Through the initiative, partners will help develop and deploy national measures that help De-Risk Clean Energy Investments; new policies and fiscal instruments to reduce costs of investment and investor risk in clean energy solutions, leading to scaled up finance and results. Join Task Force Here