IDB, UNDP, and ECLAC to coordinate efforts in unique partnership for Sustainable Energy for All in the Americas

The SE4All initiative has ambitious goals, and this partnership is part of reaching the ground level for action that will help countries achieve these goals. The three institutions intend to create a joint work plan where the work of each organization complements the mission of the others in order to support the goals of Sustainable Energy for All in the Latin American and Caribbean regions. The three goals of the initiative are: Ensuring universal access to modern energy services, Doubling the global rate of improvement in energy efficiency; and Doubling the share of renewable energy in the global energy mix, all by the year 2030.

This partnership is expected to implement strategic objectives on behalf of SE4All Americas, including the creation of knowledge products, help with planning for universal access to energy, coordination with national and international partners, monitoring of the status of SE4All in LAC countries, policy analysis, and improved project preparation and access to finance for projects that support the goals of SE4All. Increased coordination related to sustainable energy will help catalyze major new investment opportunities in order to speed-up the transformation of the world’s energy systems, help eliminate energy poverty, and increase prosperity.

By coordinating resources and knowledge on sustainable energy practices, this partnership will provide the region with the necessary tools to achieve the goals of SE4All by 2030. Specific potential objectives include: 1) providing resources that support policy and institutional reforms and regulatory frameworks that encourage the development of sustainable energy production and use; 2) the comprehensive mapping of regional energy programs run by regional stakeholders; and 3) determining indicators and data that will be collected from all countries.