12 September 2019. The Least Developed Countries Renewable Energy and Energy Efficiency Initiative for Sustainable Development (LDC REEEI) is a “strategic framework for driving transformative change across sectors and a platform for sharing experiences, best practice, and disseminating knowledge to reach universal energy access and accelerate the transition to renewable energy and energy efficiency in all LDCs. It was initiated and is fully driven by LDCs.”
“Primarily, the Initiative will focus on developing and accelerating the implementation of national renewable energy and energy efficiency policies. The Initiative will also collaborate with regional, national, and local stakeholders to jointly identify opportunities to make energy services more accessible and affordable for productive uses, social services such as education and health, and to promote gender equality and women’s empowerment. The Initiative is predicated on solidarity and cooper-ation rather than competition: countries running ahead will share and support other LDCs to initiate actions aligned with LDC REEEI. The Initiative will also support country-led efforts to access climate dedicated funding such as the Green Climate Fund (GCF), Global Environment Facility, LDC Fund, Adaptation Fund, Special Climate Change Fund and other relevant funding sources.”
The South Centre supports LDCs in this initiative.