Peace Renewable Energy Credits: Facilitating High-Impact Projects in Fragile Regions

Feb 27, 2019 | Energy Peace Partners and Center for Resource Solutions
online
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Join Energy Peace Partners and Center for Resource Solutions in a webinar on February 27th from 1:00 PM - 2:00 PM EST introducing the Peace Renewable Energy Credit (PREC), a market-based instrument that can help finance new clean energy projects in fragile regions, including in peace and humanitarian missions.

Many humanitarian and peacebuilding missions operate in remote and hard-to-reach places with long and dangerous fuel supply lines. The limited electrification in most of these field operations is derived almost exclusively from diesel generators, with over $1.2 billion spent annually by humanitarian actors on fuel and related energy costs—one of the largest recurring expenses. PRECs can help finance onsite clean energy generation facilities that lower annual costs, reduce security dangers of diesel supply chains, and curb local air and water pollution. These long-lasting clean energy assets can serve as building blocks for peace and development in the post-conflict phase by increasing energy access, encouraging follow-on investment, creating new revenue streams, seeding local businesses, and creating jobs.

PRECs will be issued by Energy Peace Partners under the market-leading International REC Standard, and will incorporate best practices regarding metering, reporting, and verification.

For more information and to register, please visit https://register.gotowebinar.com/register/1604437450422236417

Where: online

When: 27 February 2019

Organizers: Energy Peace Partners and Center for Resource Solutions