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Side Event: Scaling-Up Energy Transition in Small Island Developing States
17 July 2019 @ 1:15 pm - 2:30 pm
Small island developing states (SIDS) face additional geographic barriers to economic as well as sustainable energy development. Although being heavily reliant on fossil fuels, SIDS have the potential to access several renewable energy sources, such as solar, wind, geothermal and hydropower.
Many SIDS are emerging as frontrunners in the pursuit of renewable-based energy systems building on the abundant local and natural resources. Furthermore the declining cost of renewable energy and energy efficiency technologies has opened the door for new opportunities to switch to clean energy.
Sustainable energy is a powerful development multiplier, and for SIDS, energy and climate change are closely related. The energy sector is the largest contributor to global greenhouse gas emissions, which leads to increasing global temperatures and many adverse effects.
Achieving global goals on energy in SIDS will mean creating enabling environments for private sector investment, promoting attractive project pipelines and targeted support from development partners.
The upcoming side event marks the launch of the policy brief on “Achieving SDG 7 in Small Island Developing States” and will pave the way for the Mid-term Review of the SAMOA Pathway and the Climate Action Summit. It will:
- Take note of recent developments with respect to energy transition and renewable energy uptake
- Explore the energy climate nexus
- Look at vital elements in making progress in the area of sustainable energy
- Creating synergies with climate change action
- Building institutional capacity
- Enhancing the role of private sector partnerships in promoting renewable energy initiatives in SIDS
- Accessing finance to accelerate renewable energy uptake
The event is organized by Saint Lucia, Samoa, Maldives and UN-OHRLLS
The event will bring together delegates from all Members States, United Nations organizations, the private sector and civil society.