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2 years ago

Unlocking climate finance for decentralised energy access

On the first day of the 22nd Conference of the Parties (COP22) in Marrakesh, Morocco, Dutch NGO Hivos focused on 'Unlocking climate finance for decentralised energy access'. Among the panellists were IIED senior researcher Sarah Best. Here's what happened:

  1. Starting shortly in the Africa Pavilion, room 1, is @Hivos' side event on unlocking #climatefinance for decentralised #energyaccess #COP22 https://t.co/WrNTkExVrt
    Starting shortly in the Africa Pavilion, room 1, is @hivos' side event on unlocking #climatefinance for decentralised #energyaccess #COP22 pic.twitter.com/WrNTkExVrt
    IIED@IIED
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    2 years ago
  2. IIED
    IIED@IIED
    Joining IIED's Sarah Best to discuss unlocking #climatefinance for decentralised #energyaccess is @JaneEbinger, director at @SE4ALL #COP22
    2 years ago
  3. hivosorg
    Hivos International@hivosorg
    Jane Ebinger from @SE4ALL: we're missing out on opportunities for development #climatefinance #COP22
    2 years ago
  4. Sarah Best recently completed research showing that only a very small amount of international public climate finance goes toward to decentralised energy, preventing billions of people from having access to clean energy.
  5. Best: #climatefinance is underperforming: of $14.1bn, only 3.5% has been earmarked for decentralised energy @hivos #COP22 https://t.co/zfsLyqXUDG
    Best: #climatefinance is underperforming: of $14.1bn, only 3.5% has been earmarked for decentralised energy @hivos #COP22 pic.twitter.com/zfsLyqXUDG
    IIED@IIED
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    2 years ago
  6. Sarah Best of @IIED gives an overview of the climate finance to DRE at @hivosorg side event at #COP22 https://t.co/TAo0cITpsl
    Sarah Best of @IIED gives an overview of the climate finance to DRE at @hivosorg side event at #COP22 pic.twitter.com/TAo0cITpsl
    maimuna kabatesi@munakab
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    2 years ago
  7. An extra $23bn per year is needed for deentralised #energyaccess - only 0.2% is currently being allocated, says Best #COP22 @hivos https://t.co/79OZFkgK7V
    An extra $23bn per year is needed for deentralised #energyaccess - only 0.2% is currently being allocated, says Best #COP22 @hivos pic.twitter.com/79OZFkgK7V
    IIED@IIED
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    2 years ago
  8. Currently only 0.2% of 23USD billion #climatefinance needed is allocated to decentralised #renewableenergy. #COP22 @IIED https://t.co/pCBdWhvYqq
    Currently only 0.2% of 23USD billion #climatefinance needed is allocated to decentralised #renewableenergy. #COP22 @IIED pic.twitter.com/pCBdWhvYqq
    Hivos International@hivosorg
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    2 years ago
  9. IIED's Sarah Best presents at the @hivos event on unlocking decentralised #climatefinance for #energy access #COP22 pic.twitter.com/BGHLz45Imc
    IIED@IIED
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    2 years ago
  10. Of $5.3bn allocated for energy projects from public #climatefinance, only 5% has been allocated to low-income countries #COP22 @hivos https://t.co/0lkcL8mGDi
    Of $5.3bn allocated for energy projects from public #climatefinance, only 5% has been allocated to low-income countries #COP22 @hivos pic.twitter.com/0lkcL8mGDi
    IIED@IIED
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    2 years ago
  11. Why don't climate funds for energy programmes (USD 5.6b) go to the countries that need them most? #COP22 #renewables https://t.co/bW2gnu0mK2
    Why don't climate funds for energy programmes (USD 5.6b) go to the countries that need them most? #COP22 #renewables pic.twitter.com/bW2gnu0mK2
    maimuna kabatesi@munakab
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    2 years ago
  12. IIED
    IIED@IIED
    Best: #climatefinance won't flow unless the national policy environment is favourable to investment. Shortage of proven biz. models #COP22
    2 years ago
  13. Three #climatefinance barriers identified by Best, including a preference for loans rather than grants for #energyaccess #COP22 https://t.co/06ZwVD0JEB
    Three #climatefinance barriers identified by Best, including a preference for loans rather than grants for #energyaccess #COP22 pic.twitter.com/06ZwVD0JEB
    IIED@IIED
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    2 years ago
  14. If interested in Best's research into unlocking #climatefinance for decentralised #energyaccess download the report: https://t.co/KKmMtU4dv5 https://t.co/TWYfuOXHD0
    If interested in Best's research into unlocking #climatefinance for decentralised #energyaccess download the report:  http://pubs.iied.org/16621IIED/  pic.twitter.com/TWYfuOXHD0
    IIED@IIED
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    2 years ago
  15. The event went on to discuss opportunities to unlock climate finance for decentralised energy with improvements to international frameworks, developing national enabling environments, and earmarking money for decentralised solutions and lower income countries.
  16. IIED
    IIED@IIED
    @Powerhive's Chris Horner explains how data helped prove to financiers that African consumers are bankable, long-term propositions #COP22
    2 years ago
  17. IIED
    IIED@IIED
    Best: Getting #climatefunds to small domestic companies, is crucial. Challenges inc language/knowledge/not small enough sums of money #COP22
    2 years ago
  18. Unable to show this map at the event, but it shows approved energy finance for low income countries (in USD million) #COP22 @hivosorg https://t.co/oxbfJPKstg
    Unable to show this map at the event, but it shows approved energy finance for low income countries (in USD million) #COP22 @hivosorg pic.twitter.com/oxbfJPKstg
    IIED@IIED
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    2 years ago
  19. IIED
    IIED@IIED
    Statistics showing lack of funds flowing to decentralised #energyaccess are 'staggering & shocking' says @christian_aid rep at event #COP22
    2 years ago
  20. IIED
    IIED@IIED
    Is is time to raise awareness and activism among CSOs & communities? Absolutely it could be useful, says Best #COP22
    2 years ago
  21. IIED
    IIED@IIED
    Best: Energy activism could raise awareness of what are good, & bad, #energy products, & to press govts to go further with targets #COP22
    2 years ago
  22. IIED
    IIED@IIED
    Should there be earmarking of climate funds specifically for decentralised energy? One poss solution to encourage #energyaccess flows #COP22
    2 years ago
  23. hivosorg
    Hivos International@hivosorg
    We need to change design features of climate funds & earmark #climatefinance to increase #energyaccess #COP22 @IIED
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    2 years ago
  24. IIED
    IIED@IIED
    An overriding message from the @hivosorg event on unlocking #climatefinance for decentralised #energyaccess at #COP22  https://twitter.com/hivosorg/status/795648097045151744 …
    2 years ago
  25. Want more? Read Sarah Best's blog on four challenges to powering local economies --> https://t.co/HcbKhI4aIM #COP22 @hivosorg #energyaccess https://t.co/5S2cTrIYvU
    Want more? Read Sarah Best's blog on four challenges to powering local economies -->  http://www.iied.org/four-challenges-powering-local-economies … #COP22 @hivosorg #energyaccess pic.twitter.com/5S2cTrIYvU
    IIED@IIED
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    2 years ago
  26. DOWNLOAD: Unlocking #climatefinance for decentralised #energyaccess -->  http://pubs.iied.org/16621IIED/  @hivosorg #COP22 pic.twitter.com/pVscIFkTzM
    IIED@IIED
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    2 years ago
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