The Norwegian Minister for Development Cooperation Mr. Erik Solheim has pledged 30 million Norwegian Kroner (approximately € 3.7 million Euro) over the next three years to the Renewable Energy and Energy Efficiency Partnership (REEEP) to accelerate clean energy supply in emerging markets. The funding is a follow up to the Norwegian Action Plan for Environment in Development.

Widespread energy poverty is perhaps the most serious problem the world is facing. Some 1.5 billion people do not have access to electricity and without adequate supplies of affordable energy, economic growth is hampered and welfare will suffer. In addition most of these people rely on traditional biomass – wood and dung, which has serious negative impacts on health and the environment. Using local sources renewable energy itself can generate new sources of income and stimulate further economic activity without reliance on imported fuel.

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