Ocean Action Hub

    The world is behind on the climate and sustainable development goals it set forth a decade ago, and energy-related goals are no exception. This week, the 2021 High-Level Dialogue on Energy’s Ministerial-level Thematic Forums are bringing together Ministers and other stakeholders to share experiences and discuss opportunities for scaling up action for SDG 7. SIDS continue to be trailblazer advocates as three out of the thirty Global Champions are hailing from SIDS, namely the Dominican RepublicMauritius, and Nauru.

    SIDS have made some very ambitious commitments in their Nationally Determined Contributions submissions last year and this year towards net-zero emissions, however, they are not facing the same conditions as other countries. Recognizing that SIDS face several obstacles to transform their energy sectors is essential to supporting their renewable energy transition, as stressed by H.E. Dr. Walton Webson Ambassador of Antigua and Barbuda to the United Nations, Chair of AOSIS this morning.

    These include the disproportionally high cost of renewable energy technology, the scarcity of public and private investment and scalability, and the continued subsidization of fossil fuel technologies. SIDS need concrete action to overcome these constraints which are exacerbated eligibility rules relevant to GDP. Instead, partners  should support the SIDS by accommodating their special circumstances and simplifying procedures to facilitate access to finance. Many commitments were announced during the Ministerials so far, including UNDP's Energy Promise, which aims to increase access to clean and affordable energy for 500 million people and to support inclusive and green energy transition. As described by Achim Steiner, UNDP Administrator, “Equitable access to energy and decarbonization are the key drivers of how we need to think about energy in the future”. 

    Overall, the momentum displayed by stakeholders during the past three days and on the road to #HLDE2021 indicates that we have reason to remain optimistic about clean energy in 2021.  

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    Publication date: 
    26/06/2021
    Publication Organisation: 
    UNDP SIDS
    Keyword/s: 
    Ocean governance
    Approved