Investing in a Sustainable Energy Future Smita Nakhooda 14 December 2009 IISD Bali to Copenhagen Project : Trade, Investment & Climate Change.

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Investing in a Sustainable Energy Future Smita Nakhooda 14 December 2009 IISD Bali to Copenhagen Project : Trade, Investment & Climate Change

A Framework for Sustainable Energy POLICIES AND REGULATIONS Long-term integrated energy planning Policies and regulations encouraging energy efficiency Policies and regulations promoting renewable energy Access to electricity for the poor Pricing structures encouraging efficiency and reducing consumption. Subsidy reforms to reveal true costs of fossil fuels and promote the viability of sustainable energy options INSTITUTIONAL CAPACITY AND GOVERNANCE Executive agencies’ capacity for sustainable electricity Regulatory agencies’ capacity to oversee implementation of sustainable electricity policy Utilities’ capacity to promote energy efficiency and renewables Transparency of policy, planning, and regulatory processes for electricity Stakeholders’ engagement in policy, planning, and regulatory processes

MDB Electricity Policy Loans Number of loans Elements of Sustainable Energy Addressed Asian Development Bank Inter-American Development Bank World Bank

The Clean Technology Fund Mexico: Renewable Energy (wind), energy efficiency, and urban transport Turkey: Renewable energy (wind), energy efficiency Egypt: Renewable Energy, BRT and LRT South Africa: Concentrating solar thermal, wind energy, energy efficiency, and solar water heating Morocco: support the Fond de Development de l’Energie to invest in renewables, efficiency, and public transport Philippines : Rural cooperative investment in renewables and efficiency, meter procurement to support solar energy and efficiency, BRT in Manila Thailand: Renewables (solar, wind, microhydro, bioenergy) with state utilities and private actors, buildings efficiency and BRT in Bangkok, Vietnam: high voltage transmission, and renewable energy Ukraine (not approved) : CCGT, upgrades to the gas transmission network, renewable energy, energy efficiency, and smart grid Concentrating solar thermal power regional program in 5 Middle East and North African countries