“Climate finance should serve both development and climate goals”
Worldwide, more than a billion people lack access to reliable, affordable and clean energy, which negatively affects their health, education, livelihoods and employment. At the same time, the use of fossil fuels is a key driver of climate change and leads to instability and pollution across the world.
Climate finance offers new opportunities for both economic development and mitigating climate change through access to decentralised renewable energy solutions. However, new research by Hivos and IIED, using over 10 years of data on how far international public climate funds are targeting decentralised energy access, shows only a tiny proportion of approved climate finance is going to solutions designed to improve poor people’s access to energy. Policy and investment in the energy access sector is still far too focused on large-scale grid extension, rather than the myriad of small-scale, off-grid and mini-grid services that are often quicker and cheaper to deploy. A missed opportunity?
Hivos believes so and we are organising a session dedicated to the issue during the tenth edition of the European Development Days (EDD) in Brussels on 15 and 16 June. This year’s EDD focusses on the ‘2030 Agenda for Sustainable Development’. Within this framework, Hivos’ session on 15 June (17:45 – 19:00) zeroes in on Sustainable Development Goal 7: pro-poor and renewable energy. During the session, we delve into the finance streams and potential of climate finance, present research findings, debate the role of climate finance in filling the energy access gap, and suggest ways to reform and improve climate funding mechanisms.
Green and Inclusive Energy partnership with the Dutch government
Participating in the EDD is vital to Hivos’ new five-year partnership with the Dutch government launched at the beginning of this year. The Green and Inclusive Energy partnership focuses on lobby and advocacy that will influence the debate on energy, with the ultimate aim of making energy systems more green and inclusive. Only then we can better meet peoples’ energy needs and mitigate climate change. The inclusive component of the partnership is geared toward improving family health, food supplies and income, and increasing opportunities for women that will allow them greater and more productive participation in politics, society and the economy.
In this partnership, Hivos works together with ENERGIA, IIED and national civil society organisations in Indonesia, Nepal, Kenya, Tanzania, Zimbabwe, Malawi, Nicaragua and Guatemala. The programme also mobilises local civil society to execute their own effective lobby strategies.
"This article was originally published on Hivos Latin America Click here to view the original article"