WISIONS of Sustainability
The main objective of WISIONS is to make clean energy a default solution for basic energy needs in developing regions, by helping local partners to identify successes and bring them to scale through regional networks, marketing and demonstration. Read more about WISIONS activities, goals and background.
Wind Empowerment 2018 International Conference: WEIndia2018
News from WISIONS posted on June 13th, 2018
The deadline for applications is 30 June (if you are applying for a travel scholarship) or 31 August (if you do not require a travel scholarship).
This year’s conference is jointly organised by Wind Empowerment and the National Institute for Wind Energy (NIWE), India. It will be longer than previous conferences, spanning approximately two weeks: one week of training sessions and one week for the conference programme.
NIWE is offering full travel and conference scholarships to a limited number of international applicants who wish to participate in a one-month long course related to small wind rural electrification, which will include attendance at the WEIndia2018 conference.
The eligibility criteria for applying to NIWE’s scholarship are the following:
- Applicants must be available to join the two-week pre-conference workshop events, as well as the two-week conference. This means being in India for one month, from 15 November - 15 December 2018
- Applicants must have nationality from one of the eligible countries
- Applicants must have a working knowledge of English sufficient to follow the course
Wind Empowerment will try to provide scholarships (at least partial) to participants who do not fulfill the prerequisites above. However, if you are eligible and able to join the one-month course and conference events, do not miss this chance to apply. Send an email to email@example.com.
Summary Of The Fourth Sustainable Energy For All Forum
News from WISIONS posted on May 13th, 2018
The Forum was organized around opening plenaries each morning, featuring a scene-setting keynote address and "Wake-Up Call", followed by high-level dialogues focusing on "Knowledge into Action" and "Disruptive Voices".Parallel "Deep Dive" discussions focused on critical energy sectors and emerging themes, such as energy in humanitarian settings, access to cooling, and interlinkages between energy and health.
Participants also met in 18 Partner Working Sessions, designed and organized by SEforALL partners, to catalyze action on specific issues that will enable progress on SDG7. A range of stakeholders addressed specific energy access issues and scalable innovations needed to achieve the three SEforALL objectives: ensuring universal access to modern energy services; doubling the share of renewable energy in the global energy mix; and doubling the global rate of improvement in energy efficiency.
The first day focused on overcoming challenges. A highlight of the opening day was the presentation of the publication "Tracking SDG7: The Energy Progress Report", which benchmarks annual progress toward achieving the SDG 7 targets that directly relate to the SEforALL objectives. Despite encouraging progress in some countries and energy sectors, the 2018 report finds that overall progress toward the SDG 7 targets remains off track. In particular, the study reveals that one billion people – or 13% of the world’s population – still live without electricity, and an estimated 674 million people, mostly living in sub-Saharan Africa, will likely not have access to electricity by 2030. The slow uptake of clean cooking technologies is also highlighted, as is the less-than-hoped for increase in energy efficiency and renewables. Discussions throughout the day focused on the implications of these data on the ground and addressed remaining challenges and unmet needs.
The second day of the Forum focused on innovative solutions that can help deliver change at the speed and scale required to achieve SDG 7. Various commitments and new partnerships were announced under the campaign, "Shine: Investing in Energy Access for All", in which 35 philanthropists, faith leaders and private capital organizations have committed to advancing clean energy access.
Carmen Dienst from the WISIONS team participated in a panel discussion entitled Last Mile First: Maximizing the Impacts of Energy Access on the SDGs
Financing Renewable Energy in South East Asia: Insights From Practitioners
News from WISIONS posted on May 2nd, 2018
This knowledge exchange activity aimed to explore and share successful financial models, as well as to identify the specific factors that make different models relevant and replicable in their context. The main insights and lessons learned during the event are as follows:
- Renewable energy entrepreneurs and financiers greatly appreciated the workshop as it provided a unique opportunity to exchange insights and experiences with other stakeholders in the sector. The workshop was uniquely designed to cater to the attendees. The discussions and events specifically focused on identifying gaps in existing financial tools and specific barriers that limit access to finance in the region.
- Several region-wide trends were discussed during the conference. From the perspective of the entrepreneurs, challenges to accessing finance are often linked to the lack of flexibility of traditional financiers and the limited suitability of products offered. Entrepreneurs also identified a lack of awareness or understanding of existing financial options as an issue. From the investor perspective, the main barriers to providing finance to entrepreneurs include the entrepreneurs’ lack of financial literacy and a misalignment of risk and return expectations.
- Overall, the attendees were generally optimistic that financing options across the region would improve. Several successful and innovative financing schemes have been developed that can serve as models for replication in other locations and sectors. These schemes, and any new ones, would still have to be tailored to the specific geography and sector due to the inherent uncertainty in most developing regions. There is no doubt that additional capital is needed to continue supporting the work of energy entrepreneurs.
Following the event success, Nexus will continue to create opportunities for dialogue to foster mutual understanding and improved collaboration among like-minded entrepreneurs and financiers. Nexus will continue mapping and monitoring financing schemes for clean energy in the region and hopes to inspire innovation and, ultimately, to increase investment levels for the benefit of energy entrepreneurs working for the sustainable development of Southeast Asia.
Download the full study: Financing Renewable Energy in South East Asia