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Sustainable Energy for All and the private sector

Abstract

The UN's Sustainable Energy for All initiative (SE4ALL) has a strong focus on the private sector to deliver universal energy access, improved efficiency and increased investment in renewable energy. Leading private sector associations have bought into SE4ALL, including the World Business Council for Sustainable Development (WBCSD) and the Global Compact. However, critics argue that SE4ALL is focusing too much on large-scale infrastructure investment and is missing opportunities to stimulate enterprise more locally and to benefit the poorest. The private sector – including large and smaller-scale businesses, both local and international – is keen to get involved in energy access in low-income markets and sees the value of an initiative such as SE4ALL. Yet some feel that SE4ALL is failing to engage all levels of the private sector effectively. To deliver universal energy access, SE4ALL needs to address the lack of finance for enterprises and end users, especially in untested markets; infrastructure and support services for new businesses; local skills, capacity and information about workable models; and favourable policy frameworks. With the right incentives, business can open up low-income markets by providing lifeimproving services to emerging middle class populations who are still excluded from energy access. To reach the poorest SE4ALL  More>>
Publication Date:
Jun 15, 2012
Product Type:
Miscellaneous
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; SUSTAINABLE DEVELOPMENT; ENERGY SOURCES; UNITED NATIONS; BUSINESS; LOW INCOME GROUPS; MARKET; FINANCIAL INCENTIVES; RECOMMENDATIONS
OSTI ID:
22031425
Research Organizations:
International Institute for Environment and Development (IIED), London (United Kingdom)
Country of Origin:
United Kingdom
Language:
English
Other Identifying Numbers:
TRN: GB12OA517
Availability:
Commercial reproduction prohibited. Available from ETDE as OSTI ID: 22031425; See the IIED website for other briefings, publications, blogs, etc., at http://www.iied.org
Submitting Site:
ETDE
Size:
8 page(s)
Announcement Date:
Feb 04, 2013

Citation Formats

Bellanca, Raffaella, and Wilson, Emma. Sustainable Energy for All and the private sector. United Kingdom: N. p., 2012. Web.
Bellanca, Raffaella, & Wilson, Emma. Sustainable Energy for All and the private sector. United Kingdom.
Bellanca, Raffaella, and Wilson, Emma. 2012. "Sustainable Energy for All and the private sector." United Kingdom.
@misc{etde_22031425,
title = {Sustainable Energy for All and the private sector}
author = {Bellanca, Raffaella, and Wilson, Emma}
abstractNote = {The UN's Sustainable Energy for All initiative (SE4ALL) has a strong focus on the private sector to deliver universal energy access, improved efficiency and increased investment in renewable energy. Leading private sector associations have bought into SE4ALL, including the World Business Council for Sustainable Development (WBCSD) and the Global Compact. However, critics argue that SE4ALL is focusing too much on large-scale infrastructure investment and is missing opportunities to stimulate enterprise more locally and to benefit the poorest. The private sector – including large and smaller-scale businesses, both local and international – is keen to get involved in energy access in low-income markets and sees the value of an initiative such as SE4ALL. Yet some feel that SE4ALL is failing to engage all levels of the private sector effectively. To deliver universal energy access, SE4ALL needs to address the lack of finance for enterprises and end users, especially in untested markets; infrastructure and support services for new businesses; local skills, capacity and information about workable models; and favourable policy frameworks. With the right incentives, business can open up low-income markets by providing lifeimproving services to emerging middle class populations who are still excluded from energy access. To reach the poorest SE4ALL can promote private sector partnerships with government and NGOs, encourage corporate responsibility initiatives and support social entrepreneurs.}
place = {United Kingdom}
year = {2012}
month = {Jun}
}