Page 10 - IB OCT 2017
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Pinktober          I cheated death twice  Cancer       Cause of 10pc of deaths in
          Climate change                       P27                             Fiji P27

         Vanuatu faces green growth challenges




                   By Priya Chand
         THE need for rural electrification is a major
         issue faced by Vanuatu, with around 75
         per cent of the population living in rural
         areas without electrification.
           In that regard, the island is establishing
         a National Green Energy Fund (NGEF)
         that it hopes will not only assist in meet-
         ing the current Nationally Determined
         Contribution (NDC), but will contribute
         towards national development.
           The fund is a joint initiative launched by
         the Global Green Growth Initiative (GGGI)
         and the Vanuatu Government, which is a   Solar electricity powers  homes in rural Vanuatu. Inset: A graph shows renewable energy projrects in the country.
         National Financing Vehicle (NFV) aimed   ment and they need their economies to    In addition, Vanuatu is also one of the
         at accelerating financial flows to increase   develop.”              Pacific Island Countries (PICs) that has
         electricity access in off-grid areas.   The project has a focus on addressing   secured a USD 23 million dollar grant for
           So the NGEF will be a tool to imple-  information gaps and priority needs of   a Climate Information Services for Resilient
         ment  their  National  Energy  Roadmap   target beneficiaries at national, provincial   Development project that has been ap-
         (NER) that has already been developed in   and local community levels across five sec-  proved by the Green Climate Fund (GCF).
         conjunction with the World Bank and the   tors: tourism, agriculture, infrastructure,   The project will support ongoing resilient
         GGGI.  The NER, which is the overarching   water and fisheries.      development in Vanuatu through capacity
         document for the energy sector includes   In the lead up to achieving their NDCs,   development for effective application of
         targets for the 100 per cent renewable   the table below shows Vanuatu’s a series   climate information in development plan-
         energy, and is in line and supporting the   of renewable energy projects that are on-  ning and implementation.
         NDCs.                              going, proposed and completed.
           The GGGI’s Pacific regional representa-
         tive, Katerina Syngellakis said the NGEF
         under the Paris Agreement. Similar to  ‘
         would  focus  on  rural  electrification,
         renewable energy an energy efficiency
         in furtherance of the country’s Nation-
         ally Determined Contributions (NDCs)

         Fiji, Vanuatu is aiming to approach 100   It will
         per cent renewable energy and electricity   contribute
         access by 2030 that is meant to assist   towards
         the island in achieving their 30 per cent
         gas emission reduction target for energy   meeting
         sector as a whole.
           “It will definitely contribute towards   NDC
         meeting the NDC targets, but it also has   targets ...
         other aims because the NDCs are about
         emission reduction, and all developing   and  also
         countries also have to focus on their de-
         velopment plan in their own economies   has other
         – so looking for a balance and looking   aims ...
         at whether there is a win-win situation,
         where you have the emission reduction,   because
         but also get the core benefits of national
         development,” explained Syngellakis.  NDCs are
           “So the NGEF wants to use renewable
         energy for rural electrification, it wants to   about
         use energy efficiency for competitiveness   emission
         of businesses, and I think the same has to
         apply in all islands and developing coun-  reduction
         tries where we have to get an economic
         benefit, whilst reducing the emissions,          ‘
         because the countries are under develop-

         10 Islands Business, October 2017
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