ALM UNDP

Summary:

The proposed PIREP will facilitate the promotion with the Pacific Island Coduntries (PICs) of the widespread implementation and ultimately, commercialization of Renewable Energy technologies (RETs). The establishment of an enabling environment conducive to the region-wide adoption and commercialization of RETs would involve the design, development and implementation of appropriate policies, strategies and interventions addressing the fiscal, financial, regulatory, market, technical and information barriers to RE development and utilization. The project has a regional approach to reflect the existing regional set-up and to improve the policy-making abilities of the small nations.

In-Country Renewable Energy (RE) Initiatives:

1. Persistent barriers to RE development, as well as gaps between what needs to be done in specific areas, and what have been done, are verified and evaluated.

2. Capacity development needs of the PICs in various aspects of RE development are recommended.

3. RE market development strategy is identified for each PIC

4. Potential funding sources for RE projects in the region are identified and evaluated.

5. Feasible RE projects employing delivery mechanisms are identified for possible financing support for their implementation on a demonstration basis.

6. Barriers/issues and lessons learned in the area of RE development in each PIC are confirmed including the measures recommended for the removal of the barriers, and the identified feasible demonstration schemes.

Regional RE Initiatives:

1. Clear understanding of project proponents on the objectives and outputs of the MSP implementation

2. Synthesis of all findings and recommendations in the country assessment reports is prepared highlighting common barriers/issues on RE development in the region, common approaches to addressing the identified barriers and measures, which would be specific to a particular PIC.

3. Regional RE database is designed.

4. Regional website on RET development and promotion, including documentation of successful models of RE initiatives, is designed

5. An appropriate financing mechanism for supporting RE projects in the region is designed

6. A regional RE demonstration program showcasing the "business angle" of RE project delivery is developed

7. A regional RE technology support program is developed and

8. Outputs and recommendations of all RE sector assessments (as described in the regional report), are presented and disseminated to stakeholders on RE in the region and interested donor parties