High-Level Panel stresses importance of SE4ALL for SDGs

On 24th of November 2014 Kandeh Yumkella provided UN member states and stakeholders with an update on the progress being made in the ongoing SE4ALL campaign.

According to the New Climate Economy Report 2014, the world energy demand is expected to increase by 20-30% in the next 15 years. 36 trillion USD will be invested in the energy and energy end-use sectors anyway to cover this additional demand. According to Mr. Kandeh Yumkella, the Secretary-General’s special representative on Sustainable Energy for All, this is the time to make sure these investments don’t lock us into a high-carbon energy regime, but open up a path for sustainable development.

On 24th of November Mr. Yumkella was informing UN member states and key stakeholders in New York about the current state of the Energy for All initiative. Highlights of the recent activities include the following (follow this link for a full list of the presented achievements):

  • Ensuring access to affordable, reliable, sustainable and modern energy for all has been placed on the post-2015 development agenda as Sustainable Development Goal 
  • The movement is continuing to grow, more than 100 countries already joined the movement. 
  • Especially the US and Europe have already committed substantial financial funds to the issue, other financing schemes have been set up with private and multilateral banks 
  • The Global Energy Efficiency Accelerator Platform has been set up, a public-private platform aiming to support the SE4ALL efficiency target by integrated policy and investment roadmaps
  • The international Renewable Energy Agency – as the SE4ALL renewable energy hub – has launched initiatives in Africa and on small island development states

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