Financing the Upscaling of Building Energy Efficiency Programs for Climate Change Mitigation and Sustainable Development in the Arab Region
The United Nations Economic and Social Commission for Western Asia (ESCWA) and the Islamic Development Bank (IsDB) are joining their efforts to advise Arab countries on available instruments for financing sustainable energy transitions, identify suitable ways to make greater use of international financing means available for the building sectors, and build the capacity of member States to secure funding for upscaling energy efficiency for Climate Change Mitigation and Sustainable Development. In this context, ESCWA jointly with the IsDB are organising a Webinar on “Financing the Upscaling of Building Energy Efficiency Programs for Climate Change Mitigation and Sustainable Development in the Arab Region” on the 3rd of December 2020, from 1:00 P.M. to 3:00 P.M., Beirut Time (UTC+2) (12:00 P.M. – 2:00 P.M., Geneva Time (GMT+1)). The overall objective of the Webinar is to present the findings of the study conducted by UNESCWA with the support of IsDB on the development of a “Toolkit for Energy Efficiency Financing Instruments for Buildings in the Arab region for Climate Change Mitigation and Sustainable Development” and enhance the capacity and knowledge of participants from the Arab region on how to effectively develop financing instruments for upscaling EE investments in the building sector in their respective countries and integrate the implementation of related EE projects and programs into their national development plans. The Webinar will address and discuss the progress of the Arab region in EE, barriers and opportunities, sets out a number of international and regional examples of EE financing instruments, and evaluate the effectiveness of policies on the ground in line with the existing international, regional, and national frameworks and contexts. It will also identify strategies to address the financial barriers to upscaling EE in the building sector in the Arab region and propose smart market solutions and models to de-risk EE to guide the development of specific instruments in the Arab region.