The Global Energy Efficiency and Renewable Energy Fund to Accelerate

19721212

Abstract:
' K) M! t+ A6 q7 ]+ i0 IThe Global Energy Efficiency and Renewable Energy Fund is created to contribute to the expansion of renewable energy, energy efficiency and other clean energy technologies markets and services in developing countries and economies in transition. It is a climate change related action that aims primarily to increase access to low carbon, secure and affordable energy and to help improve the economic and social circumstances of underserved or disadvantaged populations, encourage sustainable economic development, while promoting the protection of the environment, which can be achieved by leveraging public funding with funding from private markets focusing on return objectives.