ESCWA Publication: E/ESCWA/CL1.CCS/2024/TP.1
Country: Arab region
Publication Type: Information material
Cluster: Climate Change and Natural Resource Sustainability
Focus Area: Climate change, Financing for development, Natural resource sustainability
Initiatives: Climate Resilience through Regional Cooperation, Arab Centre for Climate Change Policies, Arab Financing for Development Scorecard, Integrated national financing frameworks, Arab Financing for Development Gateway, Climate/SDGs Debt Swap
SDGs: Agenda 2030, Goal 7: Affordable and Clean Energy, Goal 13: Climate Action
Keywords: Arab countries, Climate change, Development projects, Energy consumption, Financial instruments, Financial resources, Recommendations, Renewable energy sources, Rural areas, Small-scale industry, Sustainable energy
De-risking small-scale renewable energy in rural areas of the Arab region
October 2024
In response to the imperatives of sustainable development and the pressing need to address climate change, this paper explores the transformative potential of small-scale renewable energy in rural communities across the Arab region. Recognizing its capacity for improved livelihoods, economic opportunities and enhanced resilience, the study emphasizes the significance of de-risking small-scale renewable energy initiatives for accelerated adoption, scaling up and realization of various benefits in rural areas.
Grounded in international commitments such as the 2030 Agenda for Sustainable Development and the Paris Agreement, the paper advocates strategic alignment among financiers, developers and end users. It explores key instruments and business models crucial for de-risking small-scale renewable energy projects in Arab rural landscapes, serving as a guiding tool for policymakers and stakeholders. It covers aspects including the role of intermediaries such as microfinance institutions, climate finance, financial instruments, risk mitigation strategies and innovative business models. The paper offers a thorough analysis and policy recommendations to create a conducive environment for the sustainable development of small-scale renewable energy projects in rural Arab communities.
Related content
Climate change
, Financing for development
, Natural resource sustainability
,
In response to the imperatives of sustainable development and the pressing need to address climate change, this paper explores the transformative potential of small-scale renewable energy in rural communities across the Arab region. Recognizing its capacity for improved livelihoods, economic opportunities and enhanced resilience, the study emphasizes the significance of de-risking small-scale renewable energy initiatives for accelerated adoption, scaling up and realization of various benefits in rural areas.
Grounded in international commitments such as the 2030 Agenda for Sustainable Development and the Paris Agreement, the paper advocates strategic alignment among financiers, developers and end users. It explores key instruments and business models crucial for de-risking small-scale renewable energy projects in Arab rural landscapes, serving as a guiding tool for policymakers and stakeholders. It covers aspects including the role of intermediaries such as microfinance institutions, climate finance, financial instruments, risk mitigation strategies and innovative business models. The paper offers a thorough analysis and policy recommendations to create a conducive environment for the sustainable development of small-scale renewable energy projects in rural Arab communities.
