In its COP21: Call for Action, the Alliance for Rural Electrification (ARE), on behalf of the decentralised renewable energy industry working in developing countries, calls on all government leaders gathered at COP21 to take immediate, results-oriented and binding action to tackle climate change. Access to clean energy and services for rural communities in the developing world is crucial, as is stepping away from conventional energy resources. Filling in the financing gap remains a major barrier.
ARE therefore welcomes the European Commission’s "Electrification Financing Initiative (ElectriFI)" launch - its latest facility, which incentivises both the public sector and the industry to engage in sustainable businesses that benefit rural communities without access to clean energy in the developing world. At the COP21 side event "EU Blending 2.0: mobilising climate action," Caroline Nijland, ARE Vice-President, explained how the industry will effectively contribute to the Commission’s latest initiative, including the necessary steps needed to grow it further.
To increase the impact of their efforts, ARE and GOGLA have agreed to join forces to effectively and better contribute to the Sustainable Development Goals and SE4All Objectives. To this effect, a common industry statement has been signed to promote ElectriFI.
ElectriFI, which was elaborated in consultation with industry and development financiers, is a flexible tool aiming to support investments by providing access to reliable, affordable and sustainable electricity and energy services in developing countries. An initial EUR 75 million funding has already been committed by the European Commission.
Marcus Wiemann, ARE Executive Director: "The industry statement picks up on a number of elements from ARE’s Call for Action for COP21. ElectriFI demonstrates our successful advocacy from the industry and opens up further opportunities to close the gap of energy poverty. ARE looks forward to collaborate and engage with interested governments to provide cost-effective and efficient clean energy solutions in the rural developing world."
Ernesto Macias, ARE President: "Distributed renewable energy technologies are readily available to meet small to medium scale electricity demands, thus constituting a genuine clean solution thereby also contributing to climate resilience. By supporting developing countries with such sustainable business models and technologies, the economic and social development of these countries and the planet can be assured. Joining Power for All, for instance, is an opportunity for both parties to share lessons learnt and best practices."