www.abdn.ac.uk

The role of clean energy in Europe’s external development policy

Anatole Boute

www.abdn.ac.uk

EUROPE’S EXTERNAL CLIMATE RESPONSIBILITY

• Carbon debt: historically + contemporary dimension• Polluter pays• Financial and technological capacity• The principle of common but differentiated

responsibility

EU internal responsibility

EU external responsibility regarding mitigation and adaptation

www.abdn.ac.uk

EUROPE’S EXTERNAL ENERGY RESPONSIBILITY

•Major energy consumer•Impact on the availability of energy products•Impact on price volatility

Moral responsibility to shield vulnerable economies from price shocks

www.abdn.ac.uk

EUROPE’S EXTERNAL CLEAN ENERGY POLICY

• The Kyoto Protocol• The flexible mechanisms of the KP

Financing of clean energy projects with the Clean Development Mechanisms

Impact on domestic clean energy policies

www.abdn.ac.uk

CLEAN ENERGY IN EUROPE’S EXTERNAL DEVELOPMENT POLICY

•Financial assistance•Technical assistance (see also IFIs)

Exporting the acquis communautaire (support schemes)

Adapted to the specific institutional characteristics of developing countries: the rule of law and energy sector liberalisation?

www.abdn.ac.uk

PROMOTING CLEAN ENERGY THROUGH INVESTMENT STABILITY

•The main risks facing clean energy projects: regulatory instability / unpredictability

•Protection tools necessary to mitigate these risks

•Overcome short term price impact / price risks to ensure the long term availability of energy supply

e.g. off grid diesel