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Sweden Allocates SEK 35 Million For Renewable Energy Projects

World Affairs – Environment

Open Eyes Opinion {source: SEgov}

Sweden

 

 

 

 

 

 

 

COP21: Sweden increases support to renewable energy in developing countries

Minister for International Development Cooperation Isabella Lövin is attending COP21 in Paris and will announce new strategic support that will increase access to renewable electricity in the least developed countries. SEK 15 million will go to the UN Secretary-General’s Sustainable Energy for All initiative and SEK 20 million to the Scaling Up Renewable Energy Programme in Low Income Countries.

More than one billion people currently lack access to energy, of whom more than 600 million live in sub-Saharan Africa. The Government is committed to further increasing its support to the development of renewable energy in the developing countries.

“Access to energy is a key issue in fighting poverty and stopping climate change. The solution is small-scale renewable electricity that is produced outside the large grids,” says Ms Lövin.

“A revolution is already under way when it comes to the transition to renewable energy. Extra support to the least-developed countries and to the Sustainable Energy for All initiative are important components to help low income countries skip the fossil stage,” says Ms Lövin.

During COP21, it will be announced that SEK 20 million will go to the World Bank Scaling up Renewable Energy Programme (SREP) and SEK 15 million to the UN Secretary-General’s Sustainable Energy for All (SE4ALL) initiative.

SE4ALL gathers leaders from the political world, the business community and civil society to exchange experiences, find solutions and give advice to developing countries. SE4ALL is maintaining the political pressure to increase access to electricity in low income countries by promoting a significant increase in renewable energy and energy efficiency.

{source: Government of Sweden}

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[photo credits: “Royal guards sweden” by Andreas Trepte – Own work. Licensed under CC BY-SA 2.5 via Wikimedia Commons – https://commons.wikimedia.org/wiki/File:Royal_guards_sweden.jpg#/media/File:Royal_guards_sweden.jpg]

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