Recognizing urgent energy challenges and opportunities, the Bank Group has joined the United Nations’ Sustainable Energy for All Initiative which calls on governments, businesses and civil society to achieve three goals by 2030. of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). One of the most important of these is the United Nations Framework Convention on Climate Change (UNFCCC), an international environmental treaty which aims to reduce greenhouse gas emissions and which led to the well-known agreement between countries that took part in the Paris conference in late 2015. Therefore, the next transition has the difficult task of leading us toward an energy system that can meet all needs, solving the issues of conflict. Sustainable energy for all, the challenge of the century Of the mega-trends three in particular stand out: mitigating climate change, universal access to energy and world population growth. 20097 San Donato Milanese, Milan, Italy. and Products and solutions for business and customers Italy and abroad, The platform dedicated to Eni's current and future suppliers. But it is vital that all countries have long-term visions and objectives that enable them to strike a balance between economic development, access to energy and environmental sustainability. As can be seen from the graph in Figure 1, taking the mid-point scenario which is the most likely, from the current 7 billion people (or so), there will be around 10 billion people in 2050 and 11.2 billion in 2100. Progress in every area of sustainable energy falls short of what is needed to achieve energy access for all and to meet targets for renewable energy and energy efficiency. PERSON AS THAT TERM IS DEFINED IN THE SECURITIES ACT (A "U.S. Yet if we also factor in the new population who are to be given a minimum level of quality of life, the pressure intensifies. At the same time, it becomes all the more challenging to find a new energy model that reconciles and fulfills all needs. I understand that it may affect my rights. Mini-grid developers are increasingly looking for sites where ‘productive-use’ customers (i.e. Confirmation of Understanding and Acceptance of Disclaimer. The report finds that an estimated 111 million households could be connected to mini-grids in Sub-Saharan Africa, Asia and island nations by 2030, assuming universal electricity access is achieved. 102 million and 25 million households could have electricity access via grid extensions and solar home systems respectively. We believe in the value of long term partnerships with the countries and communities where we operate, bringing long-lasting prosperity for all. Frankfurt Institute Doctoral Student Wins ‘Sustainable Energy for All Challenge’ by Improving Modelling Tool Meant to Facilitate Universal Electricity Access Press Release EN/318-ENV/DEV/1773 Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. Such irregular income streams pose significant risks to revenue collection. Sustainable Energy for All (SE4ALL), a global initiative launched by the United Nations in 2011, has considerable relevance to the current energy situation in South Asia. the Conference, notably urban sustainability, food and nutrition security and access to modern energy services for all. Jointly we focus on three goals: ensuring universal access to modern energy services; doubling the share of renewable energy in the global energy mix; and doubling the rate of improvement in energy efficiency. Section 8 on economics discusses the importance of involving productive-use customers in solar hybrid mini-grid projects and business models. PDF | On Oct 1, 2016, Zile Singh published Sustainable development goals: Challenges and opportunities | Find, read and cite all the research you need on ResearchGate Energy Sector Integrated Technical Studies Eni, Development, Operations & Technology. In any Member State of the European Economic Area ("EEA"), the information contained in this website is only directed at and may only be communicated to persons who are "qualified investors" ("Qualified Investors") within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the "Prospectus Regulation"). Be it for jobs, security, climate change, food production or increasing incomes, access to energy for all is essential. 00144 Rome, Italy, Via Emilia, 1 Share using Email. Sustainable energy is energy produced and used in such a way that it "meets the needs of the present without compromising the ability of future generations to meet their own needs." NO PUBLIC OFFERING OF SUCH SECURITIES IS INTENDED TO BE MADE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN THE “OTHER COUNTRIES.”. The gradual transition towards clean energy and a carbon-neutral economy is one of the greatest challenges of our time. A portfolio approach would be beneficial to make financing attractive for commercial project finance investors, and to distribute risks. Sustainable Energy for All is about driving actions and mobilizing commitments to positively transform the world's energy systems. This concludes the remaining elements of the Clean energy for all Europeans package and represents a major step towards completing the Energy Union, delivering on the priorities of the Juncker Commission. Share on ... “One of the big challenges that countries like the UK has is how do you make heating more sustainable… To that end, ASEAN has developed many regional instruments. Of the mega-trends three in particular stand out: mitigating climate change, universal access to energy and world population growth. In a nutshell, it is the assumption that some human activities – in particular, but not only, the current way we produce and consume energy – are the main cause of a steady rise in the earth’s temperature and of climate change. The World Health Organization estimates that in 2016 alone, around 3.8 million premature deaths were caused by this practice. Finally, the majority of rural mini-grids range from just 10 to 100kW. As a result, many are unwilling to invest the time and effort required to conduct due diligence and provide financing for projects that may require as little as USD 1 million or less. The mini-grid sector needs to take all these concerns into account in order to scale up significantly with private capital. If the rise in greenhouse gas emissions continues at the same pace as recent decades, the scientific community predicts that this could trigger a great shift in temperature and climate, which will be potentially harmful to humans and the environment. Meaningful improvements will require higher levels of financing and bolder policy commitments, together with the willingness of countries to embrace new technologies on a much wider scale. That’s why we co-chair the Sustainable Energy for All initiative with the UN Secretary General. On 1 July 2020, Sustainable Energy for All (SEforALL) and BloombergNEF launched the State of the Global Mini-Grids Market Report 2020 on behalf of the Mini-Grids Partnership. They primarily use biomasses such as wood and charcoal for cooking food in stoves that are not suitable to be used in confined, unventilated spaces. WARNING: the above certification constitutes a "self-certification" pursuant to Decree of the President of the Italian Republic No. These materials are for informational purposes only and are not directed to, nor are they intended for, access by persons located or resident in the United States, Australia, Canada, Japan or South Africa or any of the Other Countries. However, the mini-grid market is yet to achieve a tipping point at which it can expand without subsidized support. Clear rules on the arrival of the main grid across surveyed countries, 2018. Few governments in countries that need sustained investment in rural electrification provide regulations that protect mini-grid owners explicitly. Energy On-Demand: The Challenges for Sustainable Energy. The “concept” guiding this evolution is relatively simple and can be summed up in a brief but effective phrase: sustainable energy for all. Thermal power, mechanical or electrical energy? We bring scale-ups and large businesses together to make deals and solve industry challenges. Increasing productive uses of energy is also regarded as a major challenge to be addressed if sustainable demand with pro-poor outcomes is to be generated, and considering that effective access to energy by the poor is often hampered by weak purchasing power. In short, mini-grids, along with off-grid solar, have great potential for helping the world achieve Sustainable Development Goal 7 (SDG7) by 2030 in a cost-effective manner. Programme Manager, Results Based Financing, Three key challenges to scale up the mini-grid sector, , Programme Manager, Results Based Financing, Virtual Event Launch of the State of the Global Mini-Grids Market Report, Solar mini-grids set to play critical role in achieving universal electricity access with right policy support, The Recover Better with Sustainable Energy Guide for African Countries, Monitoring, Evaluation and Learning framework, Energy Efficiency for Sustainable Development, Tracking SDG7: The Energy Progress Report, State of the Global Mini-Grids Market Report 2020, Swiss Agency for Development and Cooperation (SDC). False certifications are punishable by law. 16 October 2017: Rachel Kyte, Chief Executive Officer of Sustainable Energy for All (SEforALL), has highlighted seven challenges to achieving sustainable energy, emphasizing the areas in which policy innovations are needed to provide reliable, resilient and clean energy by 2030. Now, to gain a full overview of the forces that will together shape the future energy system, it is impossible not to mention the growing world population, a phenomenon that underlies all mega-trends seen until now and which heightens their impact and drive for change. Each of these mega trends, however, are guiding it in a direction that may conflict with the trajectory of others. Varying weather conditions, seasonality and crop yields all directly impact the ability of these customers to pay their bills. I don’t remember energy ever before having the prominence it has today in debates about international development. Energy to cultivate, cook, heat, pump, grind, cool, transport, move, … Alarm bells are ringing, and rightly so. To get an idea of the expected population growth and its potential impact, let us take a look at the latest UN forecast for this century. In conclusion, there are many mega-trends driving the energy transition. Any person who is not a relevant person, a Qualified Investor or otherwise permitted under applicable law or regulation to access the information, should not act or rely on the information contained herein. In an ideal policy and regulatory scenario, mini-grid owners would have reassurances that, should grid arrival occur, a range of options would be available to them, such as receiving compensation and operating alongside the main grid (e.g., Nigeria). The biggest energy challenges facing humanity. PERSON UNLESS THE SECURITIES ARE REGISTERED UNDER THE SECURITIES ACT, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE. We concretely support a just energy transition, with the objective of preserving our planet and promoting an efficient and sustainable access to energy for all. Climate change and global warming are terms used to identify two phenomena which are easy to describe but very complex to demonstrate scientifically. But then, never before has there been an International Year for Sustainable Energy for All (SE4All).. We are an energy company. More information: www.se4all.org $50 billion, 10 year, Environmental Business Initiative I agree to be bound by its terms and I am permitted under applicable law and regulations to proceed to the following parts of this website. Another mega-trend that ties in with the main challenges facing the energy industry this century is universal access to energy and the struggle against energy poverty. In this work we contextualize the energy transition problem to highlight the importance to develop mathematical models to simulate and optimize large … Goal 3: Double the rate of improvement in energy efficiency. For example, some are fostering a growing demand for energy which, in the absence of a new production and consumption model, will continue to cause higher greenhouse gas emissions, which is at odds with other mega-trends. Sustainable Energy for All (SEforALL), the World Bank’s ESMAP program and Ashden co-hosted a virtual summit to bring together government and philanthropic donors to hear the latest data and insights from energy access enterprises, the challenges they are facing on the ground as a result of this crisis, and the impact this is having on consumers. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR PURSUANT TO THE CORRESPONDING REGULATIONS IN FORCE IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE “OTHER COUNTRIES” AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. Progress in every area of sustainable energy falls short of what is needed to achieve energy access for all and to meet targets for renewable energy and energy efficiency. Great social and political attention is currently being paid to climate change; both internationally and nationally, there are many initiatives aimed at encouraging actions to tackle the phenomenon. This is one of the most recent mega-trends, but it has quickly gained importance on the agendas of policymakers, as well as considerable interest in terms of public opinion. For example, the Global Tracking Framework has been assessing progress towards SEforALL objectives since 2013. For example, many governments lack regulations that protect isolated mini-grids if the main grid arrives. They’re challenges that a group of T-birds gathered recently to discuss with Thunderbird professor Michael Moffett, Ph.D. during an … This last consideration introduces us to one of the most widely discussed questions: What is the timeframe of the new energy transition and what can the history of the past teach us? THIS WEBSITE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE, OR SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OR IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR FOR THE ACCOUNT OR BENEFIT OF ANY U.S. These targets are better known as the “Sustainable Development Goals” with the aim of ending poverty, reducing inequality and promoting social and economic development worldwide. Renewable energy is the fastest growing of all electricity sources, but there are significant challenges to bringing more renewable energy online at scale. In actual fact, we know which needs must be addressed, but the timeframes and stages of the complex transition path toward our goal still remain uncertain. Find out more, Piazzale Enrico Mattei,1 One of them is the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025 which seeks to achieve energy security in a sustainable manner. The first of the three is the mitigation of climate change. The information to which this website gives access is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") Already today, eliminating the current inequalities in people’s living conditions would require worldwide growth in terms of both the economy and energy availability; a growth that – in order to be fair and sustainable – must also be compatible with environmental, climatic and social targets. Solar hybrid mini-grids achieve better economic performance when the power demand profile follows the generation curve of the PV. Piazza Ezio Vanoni, 1 This website uses cookies to show you adverts and offer you services customised according to the preferences you have shown while browsing online. – Harriet Bulkeley, Professor of Geography, Durham Energy … In 2019, there was a transaction to finance a portfolio of mini-grids with a total capacity of 1MW in Tanzania. The three mega-trends must now be addressed, which are probably the greatest challenges of this century facing the world of energy. Since a large part of the rise in greenhouse gases in the atmosphere is due to carbon dioxide emissions produced by the current energy system, one can easily see how the subject of mitigating climate change is closely linked to that of the transition to a new system which is capable of providing larger amounts of energy by progressively reducing – and ultimately eliminating – greenhouse gas emissions. In 2010, approximately 417 million people in South Asia lacked access to electricity, equivalent to more than a third of the world’s population without access to electricity. It is similar to the concepts of green energy and clean energy in its consideration of environmental impacts, however formal definitions of sustainable energy also include economic and social impacts. I certify that: I have read and understood the disclaimer set out above. Our work is based on passion and innovation, on our unique strengths and skills, on the equal dignity of each person, recognizing diversity as a key value for human development, on the responsibility, integrity and transparency of our actions. Where we are and where we're going. Ensuring that the poorest people in the world have access to modern energy sources is therefore a very significant issue, so much so that the United Nations has made it – along with the tackling climate change – one of the 17 objectives of the 2030 Agenda for Sustainable Development. Need for regulations to protect mini-grid asset cash flows. Recognizing urgent energy challenges, the World Bank Group has joined the United Nations’ Sustainable Energy for All Initiative which calls on governments, businesses and civil society to achieve three goals by 2030: Double the energy efficiency improvement rate Double the renewable energy share of power produced and consumed from 15% to 30% More than a billion people, many of them living in cities, lack access to basic cooling services they need to survive and thrive. Indeed, all of the forces listed until now would alone be enough to bring about a new energy transition, even without a rise in global population. The report gives recommendations for four key stakeholder groups that have potential to address those challenges – governments, development finance institutions/donor agencies, financiers and developers – with a hope that they can act toward universal electricity access in a concerted manner. PERSON"), AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH AN OFFER OR SOLICITATION WOULD REQUIRE THE APPROVAL OF LOCAL AUTHORITIES OR OTHERWISE BE UNLAWFUL (THE "OTHER COUNTRIES"). The Sustainable Industry Challenge initiative is opening up opportunities in Northern Netherlands for global innovators to test and scale solutions together with the local business community, educational institutions and government. PDF | On Jan 1, 2015, Muhammad Naveed Iftikhar published Sustainable Energy for All in South Asia Potential, Challenges, and Solutions | Find, read and cite all … The UN explains: "Energy is central to nearly every major challenge and opportunity the world faces today. Having the ability to access modern forms of energy in sufficient quantities is not only a key prerequisite to give everyone an opportunity for economic growth and social development, but it is often a matter of survival. These estimates are based on a least-cost approach that selects technologies to provide electricity access at the minimum cost in terms of delivery to end-consumers. 05/12/2014 10:56 am ET Updated Jul 12, 2014 In today's world, energy and power governs all. Private financiers tend to favour larger deals that allow them to amortize transaction-related costs over larger volumes of capital (and, in many cases, earn larger fees). But what choices and what tools will translate this into practice? The energy market is changing: new policies, technologies and sources are prompting us to embark on a long journey towards a new world, an “energy transition” to achieve a sustainable consumption model and solutions to tackle global warming and climate change. The conclusions and recommendations in the mini-grids market report raised three key challenges that the mini-grid sector must overcome to achieve greater scale. •Sustainable Development Challenges in Developing Countries I assure you that this Platform we will be able to fight with all the challenges and come up with Sustainable Solutions for the coming Generations.I would like to conclude by Quoting The Brundtland Report 1987 : These gases are able to increase the ability of the Earth’s atmosphere to retain energy from the sun, triggering an increase in temperatures and climate change. Transitioning the global economy towards clean and sustainable sources of energy is one of our greatest challenges in the coming decades. Section 6 of the report, on policy and regulations, analyzes this issue, including grid arrival rules. Three key challenges to scale up the mini-grid sector By Ruchi Soni, Programme Manager, Results Based FinancingTakehiro Kawahara, BloombergNEF On 1 July 2020, Sustainable Energy for All (SEforALL) and BloombergNEF launched the State of the Global Mini-Grids Market Report 2020 on behalf of the Mini-Grids Partnership. Power demand from these customers can be limited and unpredictable as many rely on agriculture for income. The 196-page State of the Global Mini-Grids Market Report 2020 and accompanying open-source mini-grid project database are based on extensive data collection and interviews with 68 mini-grid stakeholders across the world. The United Nations launched the Sustainable Energy for All initiative in 2012 (SE4 all); in 2015, SDG 7 was adopted, which is based upon “access to affordable, reliable, sustainable and modern energy services at an affordable cost for all.” But energy is a broad notion: human or animal energy? Sustainable Energy for All (SEforALL) is an international organization that works in partnership with the United Nations and leaders in government, the private sector, financial institutions, civil society and philanthropies to drive faster action towards the achievement of Sustainable Development Goal 7 (SDG7). The transformation of the energy system over the last decade, although slower than it needed to be, has been unprecedented. What is climate change? The soon-to-be-released Cooling for All report, from Sustainable Energy for All and the Kigali Cooling Efficiency Program, will illuminate the massive scale of the challenge. For further information please refer to our cookie policy. Electrical energy is needed to help save lives, communicate with friends and family, and complain on Facebook and Twitter. Sadly, there seems to be no single solution or easy shortcuts if we are to give a comprehensive response and achieve all targets, not just some of them. We will need to make use of a wide mix of tools and focus on the new technologies that become available in the coming years. Meaningful improvements will require higher levels of financing and bolder policy commitments, together with the willingness of countries to embrace new technologies on a much wider scale. Without such regulations, the state may expropriate mini-grid assets with minimal compensation, or they may become stranded. The world is making progress towards Goal 7, with encouraging signs that energy is becoming more sustainable and widely available. In rural areas and remote islands where households are scattered and grid extension is prohibitive, use of decentralized energy technologies such as mini-grids and off-grid solar home systems can be an option to bring electricity to consumers faster and at lower cost. This briefing paper summarises the state of the debate on progress in energy for sustainable development and outlines key challenges for policy in the future, particularly in relation to the three objectives of the United Nations Secretary General’s Sustainable Energy for All (SE4All) Initiative. commercial and industrial) are present, and they innovate business models to stimulate those customers to use more electricity. Indeed, the combustion of fossil fuels (coal, oil and natural gas) causes carbon dioxide to be emitted into the atmosphere, which is defined as one of the “greenhouse gases”. Sustainable energy for all challenges: Opportunities & best practices in South Asia Abstract: Globally, over 1.2 billion people do not have access to electricity and over 1.8 billion people depend on biomass as fuel for cooking in traditional stoves. The report provides comprehensive analysis on topics ranging from technologies, to business models, policy, financing, economics and impact assessment. Energy poverty still today affects much of the world’s population: the International Energy Agency estimates that around 1.1 billion people still have no access to electricity and around 2.8 billion (38% of the world’s population and almost 50% of the population of developing countries) do not have access to “clean cooking” methods. Double the rate of improvement in energy efficiency ACT is available often have little income and ability. Driving actions and mobilizing commitments to positively transform the world Health Organization estimates that in 2016 alone around! 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