Energy efficient buildings in China, environmental street lighting in India and solar cell panels in Brazil. These are all projects embraced by Norway through Renewable Energy and Energy Efficiency Partnership (REEEP).
29/06/2007 :: “Energy efficiency and renewable resources both have economical and environmental advantages for developing countries. We need to do what we can to ensure that developing countries make a technological leap forward, bypassing polluting technologies and increasing the share of renewable and clean energy sources,” says Norwegian Minister of International Development Erik Solheim.
REEEP is an international umbrella of governments, NGOs and businesses dedicated to accelerating and expanding the global market for renewable energy and energy efficient technologies.
REEEP cooperates with local authorities, businesses and banks to stimulate legislative, regulatory and financial frameworks by attracting investment into environmentally friendly projects. The main goal is securing sustainable development in rapidly growing markets.
The Partnership is involved in projects all over the world. In June 2007, REEEP announced commitments in 36 different missions, where 22 of them are partially or fully financed by Norway. Norway recently pledged 30 million NOK in a three-year funding plan, which makes Norway the second largest REEEP donor.
Projects Norway takes part in:
1. stimulate China to reach its goal to cut energy consumption by developing energy efficient buildings
2. cooperate with local energy providers in India to develop a financial framework for more energy efficient street lighting, which counts for a significant amount of the total energy consumption
3. assist Brazil to develop a legal framework that will enable the use of solar cell panels on a large scale
The partnership's goals are to:
1. reduce greenhouse gas emissions
2. deliver social improvements to developing countries and countries in transition, by improving the access to reliable clean energy services, and by making REES more affordable
3. bring economic benefits to nations that use energy in a more efficient way and increase the share of indigenous renewable resources within their energy mix
Norwegian Ministry of Foreign Affairs