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White Paper on Renewable Energy for the 3GFLAC

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White Paper on Renewable Energy for the 3GFLAC ( white-paper-renewable-energy-3gflac )

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Preface The Global Green Growth Forum (3GF) was initiated in 2011 with the aim of supporting a global transition to inclusive green growth through global alliance making and the promotion of public-private partnerships. This forum is a unique platform to catalyze partnerships that can rapidly bring to scale green growth opportunities bringing together governments from developed, developing and emerging economies along with the private sector. Realizing the potentials of green growth requires the effective mobilization at scale of financial, technological and human capital. This will only be possible if governments and the private sector collaborate at the local, national and the international levels to overcome barriers, and create the right incentives for actors to innovate and invest. The global 3GF is hosted by the Danish government and supported by five partner countries China, Kenya, Mexico, Qatar and the Republic of Korea. During the October 2012 Global Green Growth Forum (3GF) in Copenhagen,1 the Government of Denmark and the Inter-American Development Bank (IDB) agreed to undertake an effort, under the umbrella of the 3GF, to promote a follow up discussion on the topic of energy and climate in Latin America and the Caribbean. The 3GF Latin America and the Caribbean (3GFLAC) Forum was held in Bogota on June 18th, 2013 under the auspices of the IDB and the governments of Denmark and Colombia. 3GFLAC builds on results from the Rio+20 conference that raised important questions about the future of growth. It called the Latin America and Caribbean (LAC) countries to embrace growth models that are clean, efficient, resilient, and socially inclusive.2 It will be the first regional meeting of 3GF, and will seek to provide a platform for dialogue among high-level stakeholders, to share the latest knowledge and best practice in public policy, and to discuss ways to promote innovative technology and investment in renewable energy. The meeting will focus on how to make use of the substantial endowment for renewable energy to meet the region’s growing energy demand. This document is oriented towards stimulating the discussions, commitments and partnership building between governments and the private sector at the Forum. The commitments and insights derived from this first regional 3GF meeting will both benefit the LAC region and feed into the global 3GF meeting in Copenhagen on October 21-22, 2013. A number of individuals led by Walter Vergara, Claudio Alatorre and Leandro Alves, assisted in drafting and reviewing this document including Wilson Rickerson (Meister Consultants Group); Mauricio Solano Peralta and Xavier Vallve (Trama TecnoAmbiental); Chris Flavin and Michael Weber (Worldwatch Institute); Juan Pablo Carvallo and Dan Kammen (University of California at Berkeley); Rajendra K. Pachauri (TERI); Jason Eis (Global Green Growth Institute); David McCauley, Tabaré Arroyo, and Santiago Lorenzo (WWF); Lisbeth Jespersen (Ministry of Foreign Affairs, Denmark); Karen Schutt (Mines and Energy Ministry, Colombia); Paul Isbell (Johns Hopkins University); Hilen Meirovich, Ana R. Rios, Juan Roberto Paredes, Jose Ramón Gomez, Arnaldo Vieira, Verónica Valencia and Emiliano Detta (Inter- American Development Bank). Rethinking our energy future p. 3

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