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www.abdn.ac.uk The role of clean energy in Europe’s external development policy Anatole Boute
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www.abdn.ac.uk E UROPE ’ S EXTERNAL CLIMATE RESPONSIBILITY Carbon debt: historically + contemporary dimension Polluter pays Financial and technological capacity The principle of common but differentiated responsibility EU internal responsibility EU external responsibility regarding mitigation and adaptation
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www.abdn.ac.uk E UROPE ’ S EXTERNAL ENERGY RESPONSIBILITY Major energy consumer Impact on the availability of energy products Impact on price volatility Moral responsibility to shield vulnerable economies from price shocks
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www.abdn.ac.uk E UROPE ’ S EXTERNAL CLEAN ENERGY POLICY The Kyoto Protocol The flexible mechanisms of the KP Financing of clean energy projects with the Clean Development Mechanisms Impact on domestic clean energy policies
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www.abdn.ac.uk C LEAN ENERGY IN E UROPE ’ S EXTERNAL DEVELOPMENT POLICY Financial assistance Technical assistance (see also IFIs) Exporting the acquis communautaire (support schemes) Adapted to the specific institutional characteristics of developing countries: the rule of law and energy sector liberalisation?
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www.abdn.ac.uk P ROMOTING CLEAN ENERGY THROUGH INVESTMENT STABILITY The main risks facing clean energy projects: regulatory instability / unpredictability Protection tools necessary to mitigate these risks Overcome short term price impact / price risks to ensure the long term availability of energy supply e.g. off grid diesel
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