Clean energy boom in the Global South is being driven by pragmatic decisions, such as using clean energy to achieve energy security and economic growth, rather than being solely a result of international climate treaties. For example, in Pakistan, a 2015-2016 border blockade forced the country to adopt solar power to compensate for restricted fuel imports, notes digitalstrateeg.nl. In other areas, a lack of affordable capital and technical support hinders clean energy development, although some countries are pushing for more finance and support to enable their transitions. Factors driving the clean energy boom
The "clean energy boom" in the Global South is being driven by pragmatic decisions, such as using clean energy to achieve energy security and economic growth, rather than being solely a result of international climate treaties. For example, in Pakistan, a 2015-2016 border blockade forced the country to adopt solar power to compensate for restricted fuel imports, notes digitalstrateeg.nl. In other areas, a lack of affordable capital and technical support hinders clean energy development, although some countries are pushing for more finance and support to enable their transitions.
Factors driving the clean energy boom
Energy security: -
Countries are adopting clean energy to ensure they have a reliable and stable power supply. For instance, this article from digitalstrateeg.nl highlights how a fuel import blockade in Pakistan pushed it towards solar power to maintain energy security.
Economic development:-
The expansion of clean energy projects is seen as a way to drive economic growth and provide jobs. This includes initiatives like the production of solar panels in factories and the use of electric vehicles for deliveries.
Government initiatives: -
Some governments are leading the way with policies and initiatives to promote clean energy. This Facebook post from the Ministry of Environment, Forest & Climate Change mentions India's global initiatives like the International Solar Alliance (ISA) and the Global Biofuels Alliance.
Challenges in clean energy transition
Lack of financing: -
Developing nations often struggle to access the necessary capital for clean energy projects. Only a small percentage of global clean energy investment goes to the Global South, especially to countries with high energy needs.
Technical and data gaps:-
Many countries lack the technical support and data needed to design and build suitable renewable energy projects. This can make it difficult to take advantage of their unique natural resources, such as the hydropower potential in the Democratic Republic of Congo.
Need for adaptation: -
The transition to a clean energy economy requires significant changes to existing infrastructure, which can be a burden for countries that lack the resources to adapt.
Focus on voluntary efforts:-
While some countries are pushing for a fossil fuel phase-out, others are reluctant to commit to binding agreements. This has resulted in a reliance on voluntary roadmaps, which may not be sufficient to drive rapid change.
MJF Lion ER YK Sharma
Comments
Post a Comment