Lead Partner: REEEP International Secretariat
Geographical Scope: Global Summary: Accelerate a global market for Renewable Energy and Energy Efficient Systems (REES).
Tremendous financial resources from the private and public sector will be needed to meet developing and transition countries' future energy demand in a sustainable way. Obstacles prohibiting this development include a lack of reliable policies and regulatory measures, and the perceived high risk and low return investments in REES.
The removal of the obstacles to sustainable energy is urgently needed:
- Robust policies and favourable, transparent and stable regulatory frameworks are required to attract private investors and to guarantee affordable energy services to the consumers.
- New forms of financing, risk mitigation and guarantee models will be necessary to make small sized renewables and energy efficiency projects bankable and economically attractive.
REEEP aims to work as an enabler, multiplier and catalyser of institutional change, and to have a real impact over the next decade with the following objectives:
1. Significant global increase of investments in renewable energy
2. Significant global increase of energy efficiency measures
3. Significant increase in access to sustainable energy services for the poor
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to collapse the Summary of Partnerships.