The EC announces 50 million for energy assistance in developing countries
The president of the European Commission (EC) Jose Manuel Durao Barroso, today announced it will allocate 50 million euros to finance technical assistance to support over the next two years to countries that are committed to developing new sustainable energy sources.
These funds are part of the European plan “‘Energizing’ development ‘, which aims to make 500 million people have access to sustainable energy in 2030, which in turn is part of the” Energy for All Initiative “launched by United Nations last year.
This was explained by the leader of the European executive during his speech at the Sustainable Energy Summit being held today in Brussels, which also involved the Secretary General of the United Nations, Ban Ki-moon, EU Development Commissioner, Andris Piebalgs , and several representatives of the energy sector.
Barroso said the European Union (EU) is ready to support those countries that demonstrate their commitment to advance the development of renewable energy sources and their willingness to undertake necessary efforts to start this transition to a cleaner energy.
The European technical assistance work closely with national experts and also hopes to transfer the knowledge gained in the EU in the fight against climate change to the premises.
Barroso said the EU will improve the existing financial instruments to improve their operation and to explore ways of providing “several million more” to support specific investments in renewable energy in developed countries over the next two years, without giving more detail.
He also stressed that the EU has invested over 1,000 million euros in the last five years in energy projects in developing countries, making it the largest donor in this area.
The Secretary General of the United Nations, Ban Ki-Moon, said that 1 in 5 people have no access to energy in the world and 2 in 5 still use wood, coal, plant debris or animal waste for cooking and lighting.
Ban Ki-Moon stressed the importance of energy for growth of less developed countries and set an example himself, remembering that in his student days in Korea early sixties, had to read to In light of an oil lamp.
The UN chief called for the support of governments to advance the three goals he raised 2030: ensuring universal access to modern energy, double the rate of global energy efficiency and renewable double the rate.
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