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Energising development: The EU is “in”

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Monday, 16 April 2012

Energising development: The EU is “in”

Following the opening ceremony of the EU Sustainable Energy For all Summit that took place in Brussels last week, José Manuel Durão Barroso, President of the European Commission, stressed the EU’s commitment to supporting the goals set forth by UN Secretary General Ban Ki-moon. Mr Barroso also recalled the EU’s engagement to promoting energy access and efficiency in developing countries. Towards that end, the EU aims to provide access to sustainable energy services to 500 million people by 2030,  regarding which Mr. Barroso commented: “This is a huge objective, but if we work together it can be done”.
He announced that in the framework of  "Energising Development" initiative, the EU will create a Technical Assistance Facility which will be expected to help those developing countries that commit to the necessary reforms to catalyse and leverage investment. “Because it is clear that aid alone is not enough, we need the private sector on board and a strong commitment of our partner countries.”

Source: European Commission