Mission
REEEP Partners will contribute to the expansion of the global market for renewable energy and energy efficiency. Partners agree that achieving this step towards sustainable development requires a concerted global effort to create a level playing field for sustainable energy.
REEEPs Mission
REEEP’s vision is to accelerate the global market for sustainable energy by acting as an enabler, multiplier and catalyser of changing energy systems. REEEP aims to deliver significant value through facilitating:
- A significant global increase of investments in renewable energy
- A significant global increase of energy efficiency measures
- A significant increase in access to sustainable energy services for the poor
The lack of long term and reliable policies and regulatory measures to support
renewables and energy efficiency and a corresponding lack of finance are the principal obstacles to the development of sustainable energy markets. The removal of market barriers is urgently needed to achieve long term transformation of the energy sector, including creation of attractive investment environments.
REEEP projects concentrate on the following themes:
- Policy and Regulation: robust policies and favourable, transparent and stable regulatory frameworks to attract investors and to guarantee affordable energy services to consumers
- Innovative Finance Mechanisms: new forms of financing, risk mitigation and finance models to make small sized renewable and energy efficient projects bankable and economically attractive
REEEP actions are demand driven and regional. REEEP relies on partners’ voluntary contributions and in particular they can add value through a willingness to share finance, experiences and knowledge.
REEEP understands that partners’ efforts need to be backed up by well functioning and regular communication as well as access to information. Empowering the network is essential to long term delivery and partner engagement.