31 March 2010

Developing Nations Eye Renewable Energy

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Post-copenhagen targets for renewable energy show developing countries looking to strengthen their renewable energy portfolios

Developing countries are ramping up renewables after Copenhagen. About 151 developing countries took part in the Climate Change conference in Copenhagen in December 2009. Of those, 25 submitted Nationally Appropriate Mitigation Actions (NAMAs) in February, many of which call for new renewable energy policies, laws and projects.

NAMAs are a new concept of national voluntary greenhouse gas emission reduction measures reported directly to the UN Framework Convention on Climate Change. They are expected to be the main vehicle for mitigation actions taken by developing countries. Few developing countries have adopted the public policies needed for the widespread development of renewable energy technologies and markets, with the exception of Brazil, which built the world’s leading biofuels industry, and China and India, which have built hydro, wind, biogas and solar power plants and manufacturing facilities.

(RenewableEnergyWorld.com)

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