Building the Partnership for Sustainable Energy Budapest, September 30 th 2004 REEEP - renewable energy & energy efficiency partnership Dr. Marianne Osterkorn REEEP International Director
Global support and local delivery – formed at WSSD 1.UN Type II partnership launched by the UK government, we receive strong support and funding from Britain. 2.Goals based on G8 Energy Task Force and international consultation process conducted in summer of As an international partnership, REEEP Partners comprise governments, businesses and NGO’s committed to accelerating the uptake of renewable energy and energy efficiency. 4.Current funding is provided by the Austrian, Dutch, Irish, Italian, Spanish, UK governments and the European Union.
REEEP Objectives “generate green kilowatts & save energy” 1.Stimulate a significant global increase of investments in RES energy sources 2.Stimulate significant increase in the global use of energy efficiency measures 3.Improvement of rural energy supply by utilisation of RES energy sources and higher energy efficiency
Composition of REEEP Partnership Currently 84 partners: 20 Governments 30 International Organizations 20 NGO’s 14 Companies
REEEP Structure guarantees a good governance
Important Milestones for REEEP implementation Governing Board elected in June 2004 Programme Board to convene first review meeting in October 2004 Finance Committee meeting in November 2004 Kick Off workshop for regional secretariats 27 th July 2004
REEEP Regional Office Africa REEEP Regional Office Central Europe REEEP Regional Office East Asia REEEP Regional Office Latin America & Caribbean REEEP Regional Office North America Delivering Value via Regional Secretariats
Specific responsibilities of the regional offices 1.Operate as a regional clearinghouse of information regarding RES/EE 2.Serve as coordinator of regional capacity building initiatives 3.Identify regional key opportunities for REEEP 4.Support REEEP projects and partner interests in region 5.Establish regional REEEP infrastructure
Leveraging existing partnerships REEEP intends to work with established partnerships across the sustainable energy sector. These partnerships can provide complementary services and skills to the REEEP network. Examples are: MEDREPUNIDO WWF UNEP ASEANJREC OAS CREIA GVEP
REEEP Activities Services Projects Website Extranet (Trampoline) Contact databases Newsletter Events Trainings Regional support GOF Other national programs private initiatives (e.g.BP)
REEEP projects focus on 3 themes Policy & Regulation Assisting governments with sustainable energy blueprints and regulatory frameworks Focus on distributed generation and off-grid systems Finance Development of business models and economic rationale to make projects “bankable” Attracting finance via project bundling Awareness Communication of the benefits of renewables and energy efficiency
Examples of current Policy Support Projects Development of sustainable energy plans for three Caribbean islands (Dominica, St. Lucia, Granada) Development of a sustainable energy plan for a local district of a Chinese Province Sustainable Energy Regulations Network (SERN) in Africa Development of regional energy efficiency standards across APEC countries
Examples of current projects in Finance Funding an investor road show in India to develop a $30M private equity fund for renewables Assessment of potential for TRECs to finance renewables in Brazil, South Africa & China Setting up renewable energy Financing Foundation for ASEAN region
Business Opportunity - ESCOs Energy Service Companies (ESCO) are a method of financing energy efficiency projects. Black Economic Empowerment in South Africa Philippine ESCO for energy efficiency upgrades in schools, hospitals, water districts & industrial parks Capacity building in Western China for the development of ESCOs
Innovative Finance – promoting JI/CDM Business Model for PV Pumps in Brazil Micro-finance models for Solar Lighting in Himalayas Business Model for Biomass project in Philippines Promotion of WWF’s Gold Standard PDD for CDM & JI
Benefits of becoming a REEEP Partner Contacts with decision makers within partner countries Reduced investment risk in developing countries via policy support Demonstrate Corporate Social Responsibility Increased project credibility Easy access to innovative finance Marketing of best practice
Priorities of REEEP moving forward Attract investment (public & private) into the partnership and into RES/EE projects Build membership base to increase global presence Establish more regional secretariats for local delivery Best use of resources through strengthened collaboration with existing energy initiatives (e.g. MEDREP, JEREC) Build capacity from existing projects in order to ‘scale-up’ learnings into other markets
Marianne Osterkorn Vienna International Centre Room D1732 Vienna, Austria