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Energy Diversification High rates of energy demand growth Securing energy supply for the oil importing countries Increase energy accessibility of the poor. Attractive massive investments in the energy sector Sector reform and mobilize private sector Capacity building in managing the energy sector UNDP Regional consultation meeting 6-7 October, 2010 Arabian Gulf University 5/23/2017 1 To develop a strategic approach to promote EE and RE at the national level To mainstream EE and RE in strategies for sustainable development UNDP Regional consultation meeting 6-7 October, 2010 Arabian Gulf University 5/23/2017 2 Integrate energy efficiency and RE into energy, economic, and environmental planning (role of EE and RE in adaptation of rural and remote areas) Strengthen legislative and institutional framework Remove key barriers (policy, market, economic) ◦ ◦ ◦ ◦ ◦ ◦ Sector reform Economic incentives Low investment in R & D Energy subsidies Standards, testing and certification Knowledge management Establish national targets for EE and RE Education, training, and public awareness Innovative financing schemes, e.g. Harness the potential for carbon finance in the region UNDP Regional consultation meeting 6-7 October, 2010 Arabian Gulf University 5/23/2017 3 Capitalize on Arab Success stories Establish synergy with other regional initiatives (e.g. RCREEE) Regulatory and Institutional reform (Algeria, Tunisia, Syria) Collaboration between Universities and Research institutions (KACST) Energy prices reform (Jordan, Morocco) Mandatory Energy Audits (Algeria, Tunisia) Economic incentives (Algeria, Tunisia, Morocco) Energy efficiency codes and standards (Egypt, Tunisia, KSA) Public awareness (Morocco, Lebanon) UNDP Regional consultation meeting 6-7 October, 2010 Arabian Gulf University 5/23/2017 4