Tuesday, July 14, 2015

Global:

Leaders Endorse Action Plan To Increase Island Renewables (IRENA)

Small Island Developing States (SIDS) now have an action plan to increase their domestic deployment of renewable energy.

The Martinique Action Plan (MAP), developed during a June conference in Martinique, outlines practical steps for deployment of renewable energy resources and technologies on SIDS. The MAP focuses largely on the development of wind, marine, geothermal and biomass, but stresses all renewable energy sources are needed for the transition to a sustainable future.

The report recommends engaging and developing partnerships through the Global Geothermal Alliance to help create necessary enabling policy, regulatory, and institutional frameworks, develop new financing and risk-mitigation tools and mechanisms geared to the islands context to accelerate resource exploration and assessment, and reinforce technical and institutional capacities at regional and local level.