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Access to sustainable electrification: Bridging the financial and entrepreneurial gap & Boosting the Clean Development Mechanism .:. Sustainable Development Knowledge Platform
Information
  • Submitted by: Fonds pour le développement énergétique durable
  • Topic: Energy
  • Keywords: renewable energy, electrification
  • Location: Africa and LDCs
  • Date of completion: 2012-06-19
  • Click for more information
Deliverables & Resources
Access to sustainable electrification: Bridging the financial and entrepreneurial gap & Boosting the Clean Development Mechanism

Partner(s)

- Christian Stoffaës, Representative of the Mission CDM PLUS
The CDM PLUS Mechanism: a 1% levy on the electricity tariff to reach universal electrification by 2030

- Bernard Saincy, Director Corporate Social Responsibility at GDF SUEZ
The rural electrification experience of a major utility through the Foundation Rassembleurs dénergies

- Denis Cohen, President Droit à lénergie
The need for specific know-how and technology transfer for rural electrification in developing countries

- Gilles Vermot-Desroches, Director Sustainable Development at Schneider Electric

- Vanessa Miler, Representative of the DGEC and the Paris-Nairobi Initiative at the french Ministry of Ecology

- Jean-Claude Lenoir, Senator

Description/achievement of initiative

The side event will give the floor to presentation of successful experiences and best practices, evaluation of needs and amounts to be invested in sustainable electrification and introduce a Clean Energy Access Mechanism proposal.

Implementation methodologies

The so called CDM PLUS aims to develop international public-private partnerships to spark socially responsible investments for vulnerable countries electrification, focusing on isolated regions. The mechanism proposes mobilizing new and additional funding to fulfill the objective of universal access to electricity, complementary to traditional financing mechanisms (development aid, international finance, carbon finance). It also offers a scheme for boosting the existing CDM mechanism by addressing its major flaws.

The Mechanism will foster the creation of not-for-profit foundations, affiliated to regulated electric utilities from the industrialized countries, in order to finance renewable technologies investment. The Foundations for Clean Electrification will be financed by a contribution levied on regulated tariffs. The Mechanism would be enacted into an international convention. To monitor the Mechanism, an international agency should promote universal energy access, arbitrate and account investments for the Green Climate Fund.

Twenty years after the Earth Summit in Rio, this mechanism would transform the international solidarity objectives into concrete realizations, bringing clean kilowatt hours to populations deprived of access.

Deliverables
Deliverable Date
Report Access to sustainable electrification 2012-06-19
Resources
Type Details
In-kind contribution Report Access to sustainable electrification
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