REEEP seeks to accelerate and expand the development of renewable energy and energy efficiency systems in its own economies and in its energy portfolios. Recognising that these sustainable energy systems can address the key challenges of sustainable development, notably improving energy security, fostering economic development, and greater social equity while reducing the environmental impact of energy consumption and production. REEEP is committed to taking joint and collaborative action that will work to promote the development of these technologies and make them affordable energy options for all.
Sustainable Energy Benefits
- Energy security. Dependence on imported fossil fuels leaves many countries vulnerable to disruption in supply and the accompanying economic and development impact. Increased use of efficient and renewables systems improves energy security, by boosting resource productivity, avoiding excessive dependence on imported fuels, developing local sources, and diversifying energy portfolios and suppliers.
- Economic development. Lack of access to sustainable energy constrains opportunities for economic development and improved living conditions. Renewables and energy efficiency systems support a sustained GDP growth by improving economic and environmental performance, enhancing technological innovation and creating new commercial opportunities.
- Social equity. Access to and use of energy is marked by an uneven distribution in many countries, and between rich and poor within them. Developing distributed energy generation and sustainable renewable systems can enable more equitable access to energy services and create new job opportunities, especially in rural areas.
- Environmental protection. Most current energy generation and use results in serious health and environmental impacts at local, regional, and global levels – including climate change – which threatens human well being and ecosystems. Accelerating energy efficiency improvements and deployment of sustainable renewable energy results in significantly lower environmental pollution.