New Projects for Global Clean Energy Group

 

May 11, 2005

"The projects we're backing promise to deliver replicable models for renewable and energy efficient development."

- REEEP's International Director, Marianne Osterkorn

London, United Kingdom [RenewableEnergyAccess.com] The Renewable Energy and Energy Efficiency Partnership (REEEP) recently announced just over 1 million Euros of funding for clean energy projects in Africa, Asia, North America, Latin America and Europe. There are 18 newly-funded REEEP projects focused on accelerating the market development of clean energy. They range from blueprints for national renewable energy policies to support for clean energy funds.

In keeping with REEEP's remit, half of the new projects focus on establishing policy and regulatory models, and half on new financing techniques. Two thirds of the projects are in the renewable energy sector, one third are in energy efficiency.

"The projects we're backing promise to deliver replicable models for renewable and energy efficient development," said REEEP's International Director, Marianne Osterkorn. "Our partnership of governments, NGOs and businesses is helping establish a stable global marketplace for clean energy."

REEEP is an active global coalition of governments, business and organisations that accelerates the development of renewable energy and energy efficiency systems. The group structures policy initiatives for clean energy markets, and facilitates financing for energy projects. Launched by the UK government at the World Summit on Sustainable Development in Johannesburg in 2002, REEEP's International Secretariat was established in Vienna in 2004.

REEEP's latest projects include assisting the Mexican government develop its national renewable energy policy and developing a new financing mechanism for energy-efficient district heating in Russia. These latest 14 projects are the group's first in Mexico and Russia.

China too has requested REEEP support - in the development of a national roadmap for its wind industry. REEEP is also making its first forays into Central and Eastern Europe; backing small and medium-sized clean energy enterprises in Poland and the Czech Republic, and helping remove barriers to residential energy efficiency in Moldova, Armenia, Ukraine, and Russia.

REEEP is funded by seven countries - Austria, Canada, Ireland, Italy, the Netherlands, Spain, the United Kingdom, the United States - and also the European Commission. Twenty five countries have signed REEEP's mission statement and are formal partners.

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