Promoting a low-carbon energy system for the achievement of the climate objectives of the Dominican Republic
As of: November 2018
Objective and activities
The project supports the Dominican Republic in its transition towards a climate-friendly energy sector. Currently, the Dominican power generation is largely based on fossil fuels, contributing with 1/3 to the GHG inventory. Far-reaching reforms on the political, institutional, regulatory and financial level are supposed to contribute to increasing the share of renewable energies and improving energy efficiency. In order to promote investments in renewable energies, approval procedures are to be accelerated and innovative financing mechanisms will be developed. In addition, the project supports the preparation of promising NAMAs and the implementation of the NDC in the energy sector including reliable MRV mechanisms. In the long-term this shall contribute to increasing the ambition in the existing climate targets. Aiming for a sustainable energy supply in rural areas, a renewable energies pilot project with an innovative operator and finance structure (e.g. cooperatives) will be implemented.
- Designing and Communicating Low Carbon Energy Roadmaps for Small Island States of the Caribbean
State of implementation/results
- Preparatory activities for the implementation started in July 2017
- The implementer is working with key stakeholders in the country to determine the political framework conditions in the energy sector