Growth and energy: Reflections on Ethiopian Context

Ethiopia has experienced rapid growth over the past decade. The government’s strategy of Agricultural-Development Led Industrialisation (ADLI) aims to stimulate development in the agriculture sector and thereby improve living conditions for the rural poor; the next phase is to rapidly shift the agricultural workforce to more productive sectors. They have succeeded in the first phase … More Growth and energy: Reflections on Ethiopian Context

Innovative finance in Energy

Innovative financing has not been widely applied in the energy sector. However, of late, international energy initiatives like Sustainable Energy for All [SE4ALL] has highlighted the importance of innovative financing for achieving Sustainable Energy for All’s objectives.  The SE4ALL estimated that approximately $500 to $1200 billion of additional capital per year will be required to … More Innovative finance in Energy

Financing INDCs’ implementation?

Intended Nationally Determined Contributions (INDCs) were intended to be a way to clarify how each Party to the United Nations Framework Convention on Climate Change (UNFCCC) could contribute to averting dangerous climate change and demonstrate progress from their current position. To date, much analysis of INDCs has understandably focused on the ambition and, in the case … More Financing INDCs’ implementation?

Why and how to increase accountability and transparency in climate finance management?

There are serious complaints from ‘beneficiaries of climate funds’ and key stakeholders, involved in the management and channeling climate funds, that there are no clearly defined accountability in managing and utilizing the funds as well as a desired level of transparency is absolutely missing! This has become now a major concern for donors and parties as climate financing needs to be coupled with the nationally determined contributions (NDCs) and in absence of a transparent and effective management structures (starting from planning to implementation and periodic monitoring, reporting and verification) there is danger of not meeting the basic objectives of the Paris Agreement. … More Why and how to increase accountability and transparency in climate finance management?

Integrating Climate Finance Governance System to National Budget

Climate change is a cross-sectoral cutting issue with serious economic, social and environmental impact. To mitigate climate change and/or adapt to it, countries need to adopt a whole of government approach that seeks to integrate climate change development activities and climate change finance into the national planning and budgeting processes. And this exhibits the importance … More Integrating Climate Finance Governance System to National Budget

Climate Change Firms: Are these Collapsing?

Immediately after the emergence of the regime of climate change as a new sector for development during 2005, several institutions and enterprises had been established; starting from carbon finance consultancies to green economy institutions, clean development mechanism consulting firms to validators. This new set of institutions were recognized as innovators and highly influential in low … More Climate Change Firms: Are these Collapsing?

Building a competitive Market for Micro-Scale Renewable Energy technologies

Developing a competitive supply and distribution chain for deployment of off grid solutions such as solar Pico PV is always a challenge. This challenge is further aggravated with socio-economic, human induced problems as well as through market distortions, caused by sub-standard products. How can we overcome this challenge? Indeed, several remedies can be applicable to … More Building a competitive Market for Micro-Scale Renewable Energy technologies

Capacity Development Beyond Aid: A new thought in development

In the development domain, there are numerous confusions over capacity development, advisory services and aid. It is a common understanding that for development we need problem solvers [consultants] which are cost effective, efficient and swift. Consultants excel at developing and selling ideas, and are the simplifiers and implementers. Hence, the argument is that advisory and … More Capacity Development Beyond Aid: A new thought in development

Development Paradox: Economic Growth and Inequality

On completing one year in office, Modi government in India reported that India’s economy grew by 7.3 per cent during 2014-15.  The International Monetary Fund has projected that India will outpace China during the current fiscal year. This is very encouraging news. From the point of view of broader policy-making India is still a recovering … More Development Paradox: Economic Growth and Inequality