Regional meet on Sustainable Energy for Asia-Pacific LDCs held in Kathmandu

Mar 23, 2017

The regional meeting on sustainable energy was aimed at building national leadership in the energy sector, creating stronger multi-stakeholder partnerships to improve access to finance, and reaching out to the poorest and supporting bottom-up approaches 

Kathmandu recently played host to the Regional Meeting on Sustainable Energy for the Asia-Pacific Least Developed Countries, geared at highlighting ways to effectively put energy finance in motion for least developed countries and deliver life changing benefits to vulnerable communities. Held on March 22 and 23, the meeting brought together key stakeholders in the Asia-Pacific energy sector, and was co-organized by the United Nations Office of the High-Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) and the Government of Nepal, with support from the United Nations Development Programme (UNDP).

Recognizing that reliable and affordable access to energy has the potential to transform the daily lives of those living in the world’s poorest countries and is essential for private sector development, productive capacity building and expansion of trade, the regional meeting was aimed at building national leadership in the energy sector, and creating stronger multi-stakeholder partnerships to improve access to finance.

Over the course of the two days, participants--comprising senior officials and energy experts from the Asia-Pacific LDCs, UN system, regional organizations, international and regional development banks and development partners, private sector partners as well as relevant foundations and civil society representatives--showcased and discussed experiences and best practices related to financing models and initiatives to accelerate energy transition, enhance sustainable energy project development capacities, and prepare investment prospectuses.

Gyan Chandra Acharya, the Under Secretary General and High Representative for UN-OHRLLS, remarked on the “great opportunity” that LDCs possessed to make the world more prosperous and more stable, particularly through improving access to energy. “Even though the challenges that the Asia-Pacific LDCs face vary, rural electrification and productive capacity enhancement remains a concern in all these countries,” he said.

In the same vein, drawing a link between the 2030 sustainable agenda and energy, the Chief of the Regional Policy and Program at UNDP Asia Pacific Caitlin Wisen-Anti said that scaling up and acceleration of such access to reliable, affordable and modern energy services was absolutely “vital” for mapping sustainable pathways for balanced economic, social and environmental development. 

For more information:http://unohrlls.org/event/regional-meeting-asia-pacific-ldcs-sustainable-energy/