NEWS RAEL Holds First Experts Workshop on the Peace Renewable Energy Credit

May 1, 2017, San Fran­cisco — The Pro­gram on Con­flict, Cli­mate Change and Green Devel­op­ment, part of UC Berkeley’s Renew­able and Appro­pri­ate Energy Lab­o­ra­tory, con­vened on April 28, 2017, the first of two expert work­shops on the Peace Renew­able Energy Credit (PREC). A newly devel­oped financ­ing mech­a­nism, the PREC is designed to encour­age renew­able energy invest­ment in con­flict and cri­sis set­tings. The work­shops pro­vide for lead­ers in the fields of cli­mate change, renew­able energy/​finance and humanitarian/​peacebuilding to exam­ine, refine and help develop the PREC concept.

The San Fran­cisco work­shop was hosted by the Law Offices of Wil­son, Son­sino, Goodrich & Rosati, and brought together a range of experts with national and inter­na­tional expe­ri­ence on cli­mate and energy issues, renew­able energy devel­op­ment and finance, and envi­ron­men­tal markets.

The dis­cus­sion took stock of the grow­ing link­ages between cli­mate change and con­flict and looked at the poten­tial for renew­able energy to con­tribute to pro­mot­ing peace and devel­op­ment in the world’s con­flict regions.   They exam­ined the ratio­nale for devel­op­ing the PREC, includ­ing the lim­i­ta­tions of the cur­rent inter­na­tional toolkit to effec­tively address con­flict and human­i­tar­ian crises, and were pre­sented with sce­nar­ios of how the PREC might be applied in exist­ing con­flict set­tings. Par­tic­i­pants devel­oped strate­gic and tech­ni­cal rec­om­men­da­tions for oper­a­tional­iz­ing the PREC mech­a­nism in the near term. The sec­ond work­shop is sched­uled to be held on June 1, 2017 in Wash­ing­ton DC.

As the world strug­gles to cope with the grow­ing human­i­tar­ian cri­sis which cli­mate change exac­er­bates, there is an urgent need for new think­ing and new solu­tions”, said Pro­fes­sor Dan Kam­men, Direc­tor of the Renew­able and Appro­pri­ate Energy Lab­o­ra­tory. “The PREC is an impor­tant inno­va­tion that can help make sure that the ben­e­fits of the renew­able energy rev­o­lu­tion are also reach­ing the places of great­est need, and poten­tially great­est impact. We seek part­ners to refine the idea and to fund the pilot phase projects in South Sudan, Myan­mar, and elsewhere.”

We can already see a num­ber of con­flict and cri­sis set­tings where new invest­ment in renew­able energy could pro­vide mul­ti­ple eco­nomic, social, polit­i­cal and peace ben­e­fits, but this is not cur­rent prac­tice” said David Moz­er­sky, Direc­tor of the Pro­gram on Con­flict, Cli­mate Change and Green Devel­op­ment. “The PREC can pro­vide new impe­tus and financ­ing solu­tions to help unlock the many near and longer-​​term ben­e­fits that renew­able energy can offer in regions that suf­fer most from con­flict risk, cli­mate change vul­ner­a­bil­ity, and energy poverty.”

The Peace Renew­able Energy Credit (PREC) is one of sev­eral key ini­tia­tives that the Pro­gram has devel­oped. More infor­ma­tion is avail­able at rael​.berke​ley​.edu/​c​o​n​f​l​ict. For infor­ma­tion con­tact: David Moz­er­sky (dmozersky@​berkeley.​edu); Dan Kam­men (kammen@berkeley.edu).

 

IMG_6013

Browse News

Main Menu
RAEL Info

Energy & Resources Group
310 Barrows Hall
University of California
Berkeley, CA 94720-3050
Phone: (510) 642-1640
Fax: (510) 642-1085
Email: ergdeskb@berkeley.edu


Projects

  • Open the Main Menu
  • People at RAEL

  • Open the Main Menu