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New Country Coalition to Secure Green Growth in Emerging Countries
In the forefront of these efforts, Denmark is helping to raise a total sum of DKK 200 million to help emerging markets further green growth and a green transition. The initiative is rooted in the International Energy Agency (IEA), which has created a coalition comprising of the EU Commission and thirteen countries, including the United Kingdom, Sweden, Canada, Germany and Switzerland. The purpose of the coalition is to expand a programme that exchanges experiences with the largest emerging countries in order to create a balance in the countries’ development and transition to sustainable energy.
-Related news: China and Denmark sign MoU at Clean Energy Ministerial 8 in Beijing
The Danish Minister for Energy, Utility and Climate, Lars Chr. Lilleholt on the new coalition:
-I am proud that Denmark is once again the vanguard of the international climate cooperation. We are launching a historical initiative together with a very ambitious coalition of countries. In Denmark, we have a clear expectation that the programme will have a softening effect on the climate challenges and accelerate the global transition to more sustainable energy production and consumption.
The CO2-emissions from the energy sector amounts to 2/3 of global emissions and emerging economies are expected to be responsible for the biggest share of growth in global energy consumption in the coming years. The transition of energy systems in these countries is therefore vital for the solving of climate challenges and the energy sector in countries such as Brazil, India, Mexico, China and Indonesia needs proper consultancy.
-Related news: IEA: Global Renewable Electricity Generation Set to Grow More Than One-Third by 2022
For governments in the emerging markets, the programme opens up to, for example, political consultancy from IEA’s experts within renewable energy and planning of sustainable energy systems as well as technical cooperation agreements to further energy efficiency.
-The programme focuses on removing barriers for renewable energy and energy efficiency in emerging countries. In the long term, the programme will also increase the potential for green export – at which point, Danish companies are in a strong position, says the Minister.
In the coming years, the countries will invest a total of approximately EUR 30 million (DKK 200 million) in the new programme and Denmark will be responsible for DKK 25 million of this figure.
-Related news: Danish Climate Fund Helps Fund a New Large-Scale Wind Turbine Farm in Mongolia
Facts about the programme
IEA’s Clean Energy Transition Programme was launched in connection with IEA’s ministerial meeting on November 7 and 8.
The consultancy will focus on five areas: data and statistics, energy efficiency, renewable energy sources, policy counselling and modelling and technology development and innovation.
The DKK 25 million contribution from Denmark comes from the national Climate Fund.
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