Investment in renewable energy still lacking in 17 countries in South and Eastern Europe, the Caucasus, and Central Asia
The 17 UNECE countries in South and Eastern Europe, the Caucasus and Central Asia represented only 0.2% or USD 0.4 billion of global renewable energy investment in 2015. despite comprising over 300 million inhabitants and representing 4.9% of the world’s GDP Attracting investment represents a major challenge in these countries, even with numerous advanced support schemes and policies for renewable energy present.
These are two of the main findings of the UNECE Renewable Energy Status Report 2017, produced in partnership with the UNECE and the Renewable Energy Policy Network for the 21st century (REN21), and in collaboration with the International Energy Agency (IEA).
The report provides a comprehensive, up-to-date overview of the status of renewable energy and energy efficiency markets, industry, policy and regulatory frameworks, and investment activities in the region. It draws on information from national and regional sources to present the most up-to-date summary of sustainable energy in:
Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Montenegro, Russian Federation, Serbia, Tajikistan, The former Yugoslav Republic of Macedonia, Turkmenistan, Ukraine and Uzbekistan.
The report was launched 12 June, 2017 at the Ministerial Conference and the Eighth International Forum on Energy for Sustainable Development in Astana/Kazakhstan.
It is available at www.ren21.net (http://www.ren21.net/status-of-renewables/regional-status-reports/) and linked from http://www.unece.org/energy/se/gere.html.