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REEEP: progress since Johannesburg – blueprint in renewables and energy efficiency 5 May 2006, NYC. Martin Devine UK Department for Environment Food and Rural Affairs Vice Chair REEEP Programme Board. Drivers of UK action. Climate Change
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REEEP: progress since Johannesburg – blueprint in renewables and energy efficiency5 May 2006, NYC Martin Devine UK Department for Environment Food and Rural Affairs Vice Chair REEEP Programme Board
Drivers of UK action • Climate Change “The greatest long term threat to global stability” Tony Blair A priority for the UK’s presidency of the G8 and EU A priority for domestic policy
Drivers of UK action • Millennium Development Goals Fundamental interaction between energy and environment – trade offs can not be indefinite Energy will be key to achieving many of the MDGs
What are we doing? • G8 - agreement that climate change is man made and requires urgent action – RE & EE important • Working with partners – IEA, World Bank, +5 countries – top down • Supporting action on the ground – bottom up
UK support to REEEP • FCO - diplomatic support in establishment phase and beyond • Defra – involvement in governance and input to programme • Current funding • £1m p/a FCO • £2.5m p/a Defra (committed to 2008)
UK priorities for REEEP • Support G8 implementation • Strengthen the partnership's ability to deliver and respond • Focus (FCO) on key energy using countries (+5)
REEEP’s global reach REEEP Regional Office Russia REEEP International Secretariat REEEP Regional Office North America REEEP Regional Office Central Europe REEEP Regional Office Latin America & Caribbean REEEP Regional Office East Asia REEEP Local Focal Point MEDREP REEEP Regional OfficeSouth Asia REEEP Regional Office Africa REEEP Regional OfficeSouth East Asia & Pacific
Role of the regional secretariats • Convene and facilitate regional input to REEEP’s programme formulation • Identify regional key opportunities for REEEP • Serve as coordinator of regional capacity building initiatives • Support REEEP projects and partner interests in region
REEEP’s Programme Board • Composed of • Regional representatives • Donor representatives • Expert practitioners in RE and EE policy and financing • Stakeholders • Collaborating organisations
REEEP’s activity • REEEP has 2 areas of programme activity • POLICY and REGULATION • FINANCING facilitation • Further central projects support the network – Trampoline, Reegle
Programme Priorities in Finance • Support development and implementation of innovative approaches for financial risk mitigation • Support the incubation and establishment of dedicated funds and finance facilities for RE and EE investments • Support development of innovative institutional arrangements for financing (e.g. financial intermediation, ESCOs) to increase the flow of financial resources for RE and EE projects • Increase the involvement and build the capacity of the finance and banking sector to increase support to RE and EE projects
Programme Priorities in Policy and Regulation • Support the development of facilitating policy frameworks for RE and EE in developing and transition countries • Build capacity to develop policy and regulatory approaches for increasing the share of RE and EE • Support initiatives at the local level for promotion of RE and EE such as city twinning • Facilitate integration of policy frameworks such as TRECs, emissions trading, etc for development of markets for RE and EE
Thank you for your attention…. Martin.Devine@defra.gsi.gov.uk Martin.Devine@reeep.org Lots more info at www.reeep.org Look out for www.reegle.info