The transformation of the global energy system requires widespread innovation at several levels, including innovative business models and financing, social and technology innovation as well as appropriate policies. However, holistic solutions are needed that do not see technological innovation in isolation. In many countries, suitable clean energy innovations exist, but have not obtained market-wide penetration due to a lack of regulatory frameworks and funding to scale them up. In order to enable a full transition to clean energy in developing countries, multiple actors have to be involved to provide effective and sustainable solutions. Long-term partnerships, which take local conditions into consideration and enable cooperation between policymakers, citizens and members from the industry, academia and research, will play an increasingly important role in the future. There is an urgent need to combine different knowledge to deliver affordable and clean energy services that suit local demands.
The GFSE-WKO Side Event aims to bring together different stakeholders including representatives from the private sector and international organisations, to discuss clean energy solutions for the developing world. The event will showcase examples of innovative technologies from Austria that could be deployed in developing countries, while also emphasizing the importance of effective partnerships to strengthen local energy systems. After initial impulse statements, participants will exchange experiences and discuss framework conditions for comprehensive solutions to enabling a transition towards sustainable energy in developing countries. This Side Event will contribute to Panel VIII “Innovation for Appropriate and Sustainable Solutions”.