Europe announces huge green energy package for developing nations


The European Commission has announced a new multi-million Euro initiative to support developing countries in their drive towards sustainable energy generation. The green aid programme will prove specialists from across Europe to help poorer nations develop low-carbon sources of energy. And the scheme will provide hundreds of millions of Euros to underwrite the roll-out, which has the goal of providing sustainable energy to 50 million people by 2030. Speaking at the EU Sustainable Energy For all Summit in Brussels today, José Manuel Durão Barroso, President of the European Commission, announced details of the plan. He said: “We have now clear scientific evidence that we need to embrace new ways of producing energy to avoid damaging global climate; we need to act upon this advice. The EU is therefore ready to help those countries that demonstrate such commitment, and to increase its efforts. To that end, I am delighted to announce today the launch of a new Commission initiative: Energising Development. Firstly, we will create a world-leading EU Technical Assistance Facility, initially in excess of 50 million euro over the next two years, to stand behind and support those countries that “opt in” to the initiative and commit to the necessary reforms. We will draw on the best EU experts in the field and promote the development and growth of expertise in developing countries themselves. I mentioned before that the Commission is already spending over 600 million euro per year in supporting energy; collectively EU Member States are spending even more than this, as we will no doubt hear later today. This is a strong base and, with our Agenda for Change and the mainstreaming of “green aid”, we can confidently expect this figure to significantly increase from 2014 onwards, concentrating on sustainable and inclusive energy investments.”


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