Transformational Energy Access for graduation with momentum Rolf Traeger Chief, Least Developed Countries Section UNCTAD Consultative Meeting on Accelerating Progress Towards Graduation from the LDC Category Glen Cove (NY), 29 June 2018

⇑ Objective: Graduation with momentum Structural transformation Develop productive capacities

Energy: Prerequisite for 3 pillars of sustainable development Economic Social Environmental

To achieve universal access to energy, LDCs must go beyond meeting basic domestic needs and target productive uses

The energy-transformation nexus is central to development and to SDG7 in LDCs

Transformational energy access is important for rural development in LDCs

LDCs need to diversify their power generation mix

Functions of an STI policy framework Define policies, goals and targets Strengthen technology absorptive capacities Promote modern energy technology adaptation/adoption Establish research institutions Improve innovation capacity (e.g. through South-South) Integrate energy, STI and development strategies

Diversify financing sources