OSLO, 10 October 2011 - The Norwegian Government today launched Energy+, a global initiative to finance access to renewable energy, energy efficiency and low carbon development in developing countries.
Energy+ was launched at the “Energy for all - financing access for the poor” conference, hosted in Oslo by Norway’s Prime Minister, Jens Stoltenberg, and attended by U.N. Secretary General, Ban Ki-moon, and the Director-General of the United Nations Industrial Development Organization (UNIDO), Kandeh K. Yumkella.
UNIDO, together with the U.N. Environment Programme and the U.N. Development Programme are among the founding partners of Energy+.
U.N. Secretary-General, Ban Ki-moon, called for “an energy revolution”, and for joint efforts to make sure that by 2030 electricity is available to everyone on the planet. He added that energy poverty threatened global economic growth and blocked the creation of new jobs.
Ban’s own Sustainable Energy for All initiative, launched in New York last month, sets the goal of meeting three inter linked global targets by 2030: universal access to modern energy services; doubling energy efficiency; and doubling the share of renewable energy in the world’s energy supply.
To develop an implementation strategy, Ban set up a high-level group co-chaired by Director-General Yumkella, and the Chairman of Bank of America Corporation, Charles O. Holliday.
Speaking in Oslo today, Prime Minister Stoltenberg said that his support for Energy+ was similar to the leadership his Government provides for reducing deforestation through REDD+. Reducing Emissions from Deforestation and Forest Degradation (REDD) is an effort to create a financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. “REDD+” goes further, and includes the role of conservation, the sustainable management of forests and the enhancement of forest carbon stocks.
"To give all people in the world access to sustainable energy is one of the greatest challenges of our time. This is not possible without private investment. This is where Norwegian companies with their experience and knowledge can play a very important role," said Stoltenberg.
Norway’s Minister for Environment and International Development, Erik Solheim, said that Energy+ will directly support the Sustainable Energy for All initiative and facilitate public-private partnership for financing renewable energy projects.
Several governments have also pledged to support the development of the initiative, including Denmark.
The U.N. General Assembly has designated the year 2012 as the International Year of Sustainable Energy for All.
For more information on the conference, please see:
For further information on UNIDO, please contact:
Mikhail EvstafyevUNIDO Advocacy and Communications CoordinatorTel. (43-1)-26026-5021Mobile +43-699-1459-7329E-mail