Decentralized Renewables: The Fast Track to Universal Energy Access
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Authors
Kristina Skierka
Christine Eibs Singer
Leopold, Aaron
Issue Date
2016-05
Type
Language
en
Keywords
Energy , Environment , Sustainability , Technology
Alternative Title
Abstract
Multilateral Development Banks (MDBs) are uniquely positioned, and publicly committed, to ending energy poverty. However, MDBs’ common approach to energy access often overlooks the particular ability that decentralized renewable energy (DR energy or DRE) enterprises have to radically alter the access timeline. Seeking the fastest path to universal energy access, in this paper Power for All identifies three specific courses of action that MDBs can pursue in support of decentralized renewables in order to accelerate clean energy access. MDBs can lead the way to achieving power for all, if they: (1) utilize energy access opportunity cost assessments in funding decisions, (2) catalyze energy access “super funds”, and, (3) mobilize fast-track intermediaries to quickly and nimbly deliver funds in support of DR energy.
Description
Power for All is a global campaign to accelerate the deployment of market-based, decentralized renewable energy as the key to achieving universal energy access. The campaign serves as a collective voice for businesses and civil society focused on distributed renewable solutions, including decentralized solar, hydro, biomass, and wind designed for households and businesses.