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Dear Readers,
Perhaps it is due to the seemingly never-ending heatwaves, but we have been hearing a lot about sustainable cooling lately. In its Global Status Report 2018, REN21 revealed (most strikingly in this graph <>) that though the share of renewable energy used for electricity generation is growing, other sectors are falling behind. Heating and cooling account for 48% of the world’s total energy demand, and only 10.3% of that demand is met by modern renewable sources.
Currently, much more energy is used for heating than for cooling, but that is likely to change. On the one hand, those who have access to cooling will use more energy to keep their foods, medicines and themselves cool. In a new report titled *Chilling Prospects* <>, SEforAll points out that 2.3 billion people worldwide are likely to buy air-conditioning in the coming decades, but will be unable to afford energy-efficient systems. This will lead to enormous increases in energy demand. Industrial demand for cooling will grow too: this week, two French nuclear plants had to run below capacity because the river water used for cooling had become too warm to be effective <> .
On the other hand, people who do not yet have access to sufficient cooling – 1.1 billion according to SEforAll – will need to gain it and quick. MIT researchers <>predict that by 2070, the North China Plain will be hit by heatwaves so severe they will kill even healthy people within hours. Even before that, heatwaves in many parts of the world are expected to kill tens of thousands each year. Cooling for medicines and foodstuffs will also become increasingly critical.
REEEP recently wrapped up a project in India, where we looked into clean energy interventions for cooling <> in dairy value chains. Not for the first time, we found that the potential for energy efficiency and clean energy implementation was enormous, the technology was readily available and payback rates could be as short as five months. Lacking, though, were information and finance, of the right type, in the right amounts, in the right place. A recent report <> on the status of impact investment by ANDE found that, despite all the talk about SMEs and their high impact potential, the pool of money made available for impact investments under $ 2 million has been shrinking year by year. $ 2 million, considered a small investment, would still be about 100 times too much for the Indian dairy plants we visited.
Technology no longer forms a major barrier to climate change mitigation at the SME level. The main problem is that information and finance are lacking, not because they do not exist, but because they are not accessible to SMEs in a useful way. REEEP works to change this, and thankfully, we are not alone, as you will be able to see in this newsletter.
With best wishes,
Martin Hiller
Clean Energy Revolving Fund Highlighted in Foresight Climate & Energy
REEEP’s Olivia Coldrey and Sarou Long from Nexus for Development wrote an op-ed piece about achievements of and lessons learned from the Clean Energy Revolving Fund, which provides affordable loans to Cambodian farmers for the purchase of clean energy technology. Read it in Foresight Magazine > <>
Greening India’s Dairy Value Chains – Project Outcomes
Just how large is the potential for clean energy and energy efficiency interventions in India’s dairy sector? Find the answer in this Energypedia article on the outcomes of this project by REEEP and GIZ. R <#m_8733378198634545903_>ead it here > <>
New Phase of CDKN Launched in Cape Town
On June 21, 2018, the new phase of the Climate and Development Knowledge Network (CDKN) was launched in Cape Town, South Africa. Under the leadership of Shehnaaz Moosa, Director of SouthSouthNorth (right), this new Southern-based CDKN will provide developing countries with enhanced knowledge resources to support ambitious climate action, boost climate leadership and learning. More details on the CDKN website > <>
TERI and Mahindra Lifespaces Found Centre of Excellence for Sustainable Habitats This research centre will seek to develop energy efficient, innovative solutions tailored for the Indian climate and building sector, and to provide a coherent database of market-ready, scalable and viable materials and technologies. Find out more from TERI > <>
Howard Bamsey Resigns as Head of the GCF
Howard Bamsey, one of the founders of REEEP, has stepped down from his position as executive director of the Green Climate Fund. We are sorry to see Howard move on! Read more on Bloomberg > <>
Green Minigrid Facility Kenya Announces Call for Proposals
The Facility has announced that it will open another call for proposals for green minigrid projects in Kenya in the third quarter of 2018. Keep an eye on the website for more news, and find out about eligibility criteria here <> . Find out more > <> Interesting Publications
Powering Opportunity: The Economic Impact of Off-Grid Solar
This GOGLA report assesses the economic impacts of small-scale household solar installations on the families that use them. It found that despite the small size of the systems, nearly 60% of households undertake new economic activities after purchasing one, 36% of households were earning more income, and 94% of respondents reported their quality of life had increased.
Find out more > <>
State of the Small and Growing Business Sector
The Aspen Network of Development Entrepreneurs, which brings together business accelerators, impact investment facilities and other organisations working with entrepreneurs in emerging markets, has published its 2017 State of the Small & Growing Business Sector report. One of the main findings: the average size of impact investments is growing, to the extent that it risks leaving behind the SMEs that play such a large part in emerging economies. Find the report here > <>
Chilling Prospects: Providing Sustainable Cooling for All
This new report by SEforAll and the Kigali Cooling Efficiency Program shows that worldwide, 1.1 billion people face immediate risks from lack of access to cooling, whether for perishable foods and medicines, or for the spaces they live and work in. The report highlights the different cooling needs of different groups of people, and provides recommendations for governments to work towards meeting these. Find out more > <>
Electricity Regulatory Index for Africa 2018
This AfDB report assesses the effectiveness of the regulatory institutions tasked with overseeing and regulating the electricity markets in 15 African countries. The conclusion? Great progress has been made over the past two decades, but “[m]ore efforts are required to facilitate the type of environment in which private sector actors would feel comfortable investing.”
Find the report here > <> Upcoming Events GCAS Side Event: Be a Superhero for Sustainable & 100% Renewable Energy – Global Strategies for Decision-Makers San Francisco, CA, USA, 11-09-2018 This event, organised by a consortium of international renewable energy organisations and featuring REEEP’s Senior Business Development Manager Katrin Harvey, is affiliated to the Global Climate Action Summit (see below). It will gather a select group of leaders and experts to highlight strategies and technologies for corporate, public, and private decision-makers to achieve a 100% renewable energy future. More information and registration > <> Global Climate Action Summit (GCAS) San Francisco, CA, USA, 12-09-2018 to 14-09-2018 This summit will gather leaders from state, tribal, and local governments, business, and citizens from around the world, to demonstrate how the tide has turned in the race against climate change, showcase climate action taking place around the world, and inspire deeper commitments – from each other and from national governments – in support of the Paris Agreement. Find out more on the event website > <> High-Level Conference on Sustainable Energy and Development Vienna, Austria, 03-10-2018 This conference is themed ‘Regional Cooperation to Accelerate Sustainable Energy Innovation and Entrepreneurship in Developing Countries’. It will present case studies and lessons learned on regional cooperation and integration to scale up RE investment, from the EU, EAC, ECOWAS, SADC, CARICOM, SPC, SICA and the Arab States, and highlight partnership opportunities with the Global Network of Regional Sustainable Energy Centres (GN-SEC). PFAN will organise an invitation-only side event on 2 October. Find out more on the GN-SEC website > <> Southern African Energy Efficiency Confederation (SAEEC) Conference 2018 Gauteng, South Africa, 13-11-2018 to 14-11-2018


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