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RENEWABLES 2014 GLOBAL STATUS REPORT

139RENEWABLES 2014 GLOBAL STATUS REPORT NAME BRIEF DESCRIPTION ACP-EU Energy Facility A co-financing instrument that works to increase access to sustainable and affordable energy services in impoverished rural and peri-urban areas of African, Caribbean and Pacific (ACP) countries by involving local authorities and communities. Africa-EU Renewable Energy Cooperation Programme (RECP) A programme that contributes to the African EU Energy Partnership’s political targets of increasing renewable energy use and bringing modern access to at least an additional 100 million people by 2020. It provides policy advice, private sector co-operation, project preparation support activities, and capacity development. African Renewable Energy Fund (AREF) A private equity fund that invests in small to medium-sized renewable energy projects in sub-Saharan Africa, excluding South Africa. It aims to assist governments in meeting their renewable energy and carbon emission targets, while creating jobs. AfDB and SE4ALL are co-sponsors and anchor investors. Asian Development Bank – Energy for All Initiative An initiative that strengthens ADB’s investments on energy access. From 2008 to 2013, ADB’s USD 4.8 billion investment benefitted more than 15.6 million households (78 million people). Capital Access for Renewable Energy Enterprises Programme (CARE2) A USD 7 million programme that aims to expand renewable energy markets in Kenya, Tanzania, Uganda, and Rwanda through interventions designed to increase the supply of capital to businesses and the effective deployment of capital. CARE2 is supported by the Swedish International Development Cooperation Agency. CleanStart A programme developed by UNCDF and UNDP to help poor households and micro- entrepreneurs access micro-financing for low-cost clean energy. It aims to help lift at least 2.5 million people out of energy poverty by 2017, in ways that can be replicated and scaled up by others. Energising Development (EnDev) An initiative of Australia, Germany, the Netherlands, Norway, Switzerland, and the United Kingdom that co-operates with 24 countries in Asia, Africa, and Latin America to provide sustainable access to modern energy services to at least 15 million people by the end of 2018. By mid-2013, EnDev reached 11 million people. Energy, Ecodevelopment and Resilience in Africa (EERA) A project that supports energy decision makers in assessing national energy policy frameworks and identifying how energy policies can support climate resilience and sustainable energy objectives in Benin, Mali, and Togo. EU-Africa Infrastructure Trust Fund (ITF) A fund that combines grants and loans from the EU and its Member States and as well as banks to support local infrastructure projects, notably in electricity generation. By end-2013, 36 grants had been approved for projects totalling USD 333 million (EUR 240 million) in investments. GIZ – HERA Poverty-orientated Basic Energy Services A programme that promotes access to renewable energy and its sustainable and efficient use. With its support, 2.5 million efficient stoves have been successfully produced and sold in the last six years. Global Alliance for Clean Cookstoves A public-private partnership that works to save lives, improve livelihoods, empower women, and protect the environment by creating a thriving global market for clean and efficient household cooking solutions. Its goal is for 100 million households to be using clean cook stoves and fuels by 2020. Global Energy Efficiency and Renewable Energy Fund (GEEREF) A sustainable development tool sponsored by the EU, Germany, and Norway, advised by the European Investment Bank Group, to mobilise public and private capital to support small and medium-sized renewable energy and energy efficiency projects. Global LEAP Awards for Outstanding Off-Grid Products An international competition to identify the world’s best low-voltage direct-current off-grid appliances, with the first round (to be awarded in May 2014) aiming to identify energy efficient, high quality, off-grid LED appliances for room lighting and flat-panel colour televisions. Global Lighting and Energy Access Partnership (Global LEAP) An initiative of the Clean Energy Ministerial whose members include more than 10 governments and development partners. It provides support for quality assurance frameworks and programmes that encourage market transformation towards super- efficient technologies for off-grid use. IDEAS – Energy Innovation Contest An initiative that supports the implementation of innovative projects in the areas of renewable energy, energy efficiency, and energy access in Latin America and the Caribbean by promoting innovative energy solutions that can be replicated and scaled up in the region. TABLE R22. PROGRAMMES FURTHERING ENERGY ACCESS: SELECTED EXAMPLES

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