Final declaration from Bonn calls for more promotion of renewables

BONN, Germany, 2004-06-09 (Refocus Weekly)

Delegates from 154 countries have adopted a political declaration that calls for the promotion of renewable energies.

“Renewable energies, combined with enhanced energy efficiency, can significantly contribute to sustainable development, to providing access to energy, especially for the poor, to mitigating GHG emissions, reducing harmful air pollutants, thereby creating new economic opportunities, and enhancing energy security through cooperation and collaboration,” states the final political declaration from the ‘Renewables 2004' conference in Germany. Government delegates reaffirmed their “commitment to substantially increase with a sense of urgency the global share of renewable energy in the total energy supply.”

The nations “share the vision that renewable energies, combined with increased energy efficiency, will become a most important and widely available source of energy and will offer new opportunities for cooperation among all countries,” it continues. One billion people can access modern energy services from renewables, and the delegates agreed on the need for “coherent regulatory and policy frameworks that support the development of thriving markets for renewable energy technologies and recognize the important role of the private sector.”

Barriers must be removed and fair competition allowed in energy markets, with consideration of internalizing external costs for all energy sources that are “essential to realizing the potentials for renewable energy technologies in an effective and efficient manner” and to creating favourable conditions for public and private investments in renewables.

Enhanced global cooperation for capacity building and advanced policies by Export Credit Agencies are “crucial” to expanding finance for renewables, and financial incentives should be considered. The World Bank, regional development banks and other international financial institutes should “significantly expand their investments in renewables and energy efficiency and should establish clear objectives for renewable energies in their portfolios,” it adds.

Human and institutional capacities for renewables must be strengthened by building capacity for policy analysis and technology assessment, strengthening educational efforts, raising awareness of the benefits of renewables among government decision-makers and financiers, and promoting consumer demand for renewables.

There is need for additional targeted R&D, especially by developed countries, with particular emphasis on reducing cost and developing innovative financing models, to recognize that “different renewable technologies offer different opportunities and face different constraints.”

The countries will work on the objectives contained in the ‘International Action Program’ and through other voluntary measures, and agreed to report their progress to the UN Commission on Sustainable Development. They will set up an informal ‘global policy network’ with stakeholders around the world to promote a “comprehensive and open exchange of diverse perspectives, lessons, and experiences in the development and application of renewable energies.”


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