Grounding Green Power: Launch Event
On May 24th, GMF and the Heinrich Boell Foundation (HBF) hosted a roundtable discussion in Washington, DC around the launch of a new working paper on renewable energy in developing countries. The paper, Grounding Green Power, outlines the key components of smart renewable energy policy in developing countries, focusing on the electrical power sector. The paper was written by experts from the World Resources Institute (WRI) and published by GMF in cooperation with HBF and WRI. It suggests priorities for international donors looking to make the most efficient investments in clean energy. It was supported by the German government’s Transatlantic Climate Bridge initiative.
Four experts reacted to the paper’s recommendations. Asoka Abeygunawardana, Adviser to the Minister of Power and Energy, Sri Lanka, said that renewable energy was essential if his country was to avoid an 850 percent increase in its greenhouse gas emissions, but that this would not be possible without external help, particularly to support the high up-front capital investments associated with renewable energy. William Breed, Director of USAID’s Global Climate Change team, explained how his agency is working to align low-carbon development with the priority of economic growth through further electrification and access to energy in developing countries. Jens Haarlov, Alternate Executive Director for the Nordic and Baltic Countries at the World Bank, agreed that while access to energy was a “must” for development, business as usual was not an option. The leveraging of private investment in renewable energy would be crucial. Keya Chatterjee, Director of WWF’s Climate Change Program, said that there was much demand for renewable power in developing countries and that support through multilateral development banks and export credit agencies should be shifted away from fossil fuels to renewable generation. Representatives from the private sector, government agencies, civil-society organizations, and other experts participated in the roundtable discussion.
To download the Grounding Green Power presentation, click here.
To listen to Nigel Purvis’ introductory remarks, click here.
To listen to Manish Bapna’s remarks, click here.
To listen to Lutz Weischer‘s remarks, click here.
To watch a video with panelist Lutz Weischer discussing the paper, click here.
To watch a video with panelist Asoka Abeygunawardana, click here
For more information about the working paper “Grounding Green Power: Bottom-up perspectives on smart renewable energy policy,” click here.