Promoting the energy transition in development cooperation

Project description

Title: Energy Transition Cooperation and Regulatory Policy
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Country: Global
Overall term: 2018 to 2023

Context

In the partner countries of Germany’s Federal Ministry for Economic Cooperation and Development (BMZ), the energy sector is facing major challenges: a steadily growing global population, the economic rise of emerging economies and developing countries, increasing urbanisation, and climate change. To meet the growing demand for energy, a global energy transition is needed which ensures affordable and reliable energy supplies while at the same time reducing carbon dioxide emissions as rapidly as possible.

Technological change, ambitious climate targets and the increasing importance of energy security and energy independence are driving forward the energy transition, posing a challenge for governments worldwide. They not only need to consider aspects such as security of supply, cost-effectiveness, environmental protection and climate change mitigation, but also have to simultaneously shape fundamental structural change and anchor it within society. The global energy transition is a far-reaching transformation with political, economic and social implications.

BMZ is supporting this transformation and assisting partner countries worldwide with managing their energy transitions.

Objective

Management of the energy transition is enhanced within bilateral and multilateral development cooperation.

Approach

The project assists BMZ in promoting the energy transition worldwide. To this end, it systematically collates experiences of the global energy transition and feeds this information into BMZ’s work.

The project also supports the development of tailored implementation strategies, provides advice on strategic issues, and strengthens the links between German development cooperation and international partners. Key topics include promoting renewable energy, boosting energy efficiency, phasing out fossil fuels, and introducing green hydrogen in the medium to long term.

Last update: November 2022