Whether it be from The Wall Street Journal, or YouTube, by now most of us have heard the arguments for and against development of “shale gas”, and as a member of the World Bank’s Oil, Gas and Mining Unit, hardly a day goes by that I do not receive a notice about an article, a presentation or a conference on this topic.
It’s been clear here at the World Energy Summit in Abu Dhabi that the International Renewable Energy Agency, or IRENA, is fast emerging as a leader in forging a more sustainable energy future. With 159 countries—plus the EU— having joined it, a staff of 70 and a $28-million annual budget, IRENA held its third Executive Assembly here, making an impressive show on the sidelines of the summit. One example is its Renewable Energy Roadmap, which attracted lively interest among delegates.
French President François Hollande put his country on the Sustainable Energy for All train here at the World Energy Future Summit yesterday, affirming France's support for the initiative, whose advisory board is co-chaired by World Bank President Jim Yong Kim and UN Secretary-General Ban Ki-moon. In a speech devoted to the theme of preparing for the "après pétrole" era, Hollande highlighted three steps: first, create international funds for renewable energy investment pooling resources from petroleum exporting and importing countries; second, radically rethink our model of urbanization to make it less energy intensive; and third, secure a Global Climate Change Agreement for 2015, France stands ready to host the CoP and facilitate an agreement.
Indonesia is estimated to have the largest geothermal potential in the world – 27,000 megawatts, or roughly 40 percent of total global geothermal resources. But currently, only 4 percent of that potential is being used to produce electricity. Even at the current level of development, however, Indonesia is the third largest geothermal producer in the world in terms of installed capacity, following the United States and the Philippines.
It’s no secret that renewable energy development in developing countries is on the rise. In its most recent report on renewable energy investment, the UN states that investment in renewables in developing countries has grown over ten-fold – from USD 8 billion to USD 89 billion in the past eight years. When taking advantage of solar resources, the clear choice – assisted by large recent reductions in capital cost - has been for solar photovoltaic technologies (Solar PV).
Vietnam has been one of the world’s fastest-growing economies over the past three decades. Along with that growth has come the expansion of energy-intensive sectors such as manufacturing, transport and power generation. Given the country’s dependence on fossil fuels, Vietnam’s total greenhouse gas emissions have more than doubled over the past decade, and are expected to triple by 2030. Although per capita CO2 emissions are still low, Vietnam has the 20th highest carbon intensity in the world.
Public Procurement. Energy Efficiency. These are not terms that one normally sees together. And honestly, neither is a subject likely to keep many people awake at night. But taken together, they can be a powerful force for energy security, greenhouse gas mitigation, and low carbon development.
The logic is simple. Governments on average account for 2-5 percent of national energy use, and this can rise to 20-30 percent in countries with high heating demand or low electrification rates. Between 12 and 20 percent of a country’s gross domestic product passes through public procurement systems. On both the energy and the procurement sides, government actions matter, influencing private sector purchasing and individual decision-making. Technical specifications used by governments also send signals to suppliers about the types of goods and services that will be in demand, which in turn can influence the products they produce.
“We could go a week without working. But now there isn't one day without work.”
At her hair salon an hour outside Nairobi, Kenya, Elizabeth Kyalo is talking about the impact of electricity. Specifically, the reliable supply of power that has allowed her to bring in more clients and build her business. “It has really helped us,” she says.
Energy is a primary driver of development. A steady supply of electricity allows students to study at night, health clinics to expand services, markets to stay open later, and small businesses such as Elizabeth Kyalo’s to grow, creating jobs.
Belo Horizonte está decidida a ser conhecida por seu compromisso com a sustentabilidade. Nos últimos anos, a iluminação pública foi trocada por um sistema mais eficiente, conduziu-se um inventário de emissão de gases causadores de efeito estufa e foram criados programas de compras públicas e construções sustentáveis. A empresa responsável pelo serviço de limpeza pública e tratamento de resíduos gera eletricidade a partir do biogás gerado no aterro sanitário. A cidade se orgulha de seus parques públicos e de sua área verde – com tamanho duas vezes maior que o recomendado pela Organização Mundial de Saúde (OMS).
The city of Belo Horizonte, Brazil, is determined to be known for its commitment to sustainability. In recent years, the municipal government has switched public lighting to a more efficient system, conducted a greenhouse gas inventory, and created programs for sustainable public purchasing and building certification. The utility responsible for public cleaning services and waste treatment generates electricity using biogas from landfills. The city prides itself on its public parks and on having twice the green area inside the municipal boundaries than is recommended by WHO guidelines. The name of the city itself means “Beautiful Horizon”. Read this post in Portuguese (Leia este post em português.)