Energy
SPC supports Tuvalu to complete its petroleum industry review PDF Print E-mail

Tuesday 9 September 2014, Secretariat of the Pacific Community (SPC), Suva, Fiji

 

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The small island state of Tuvalu imports about 4.5 million litres of fuel per year, the bulk of which is diesel fuel to generate electricity. This is about twice the volume imported in the mid-1990s and accounts for more than 20% of the total Tuvalu gross domestic product (GDP).

 

Therefore, there is a strong incentive to address petroleum consumption issues in all sectors of the economy and to devise appropriate policy responses to promote energy conservation. More importantly, the high reliance on petroleum for energy needs and the associated cost highlights the importance of introducing energy pricing templates and other instruments to reduce costs and inform policy decisions that will enhance conservation and end-use efficiency.

 

In partnership with the Government of Tuvalu, the Secretariat of the Pacific Community (SPC) Petroleum Advisory Service, conducted a petroleum industry review (PIR) and presented the PIR report recommendations to the government during its recent in-country mission.  The mission involved consultations with several industry stakeholders, including the private sector on the PIR recommendations and their implications. The team also assisted in the development of strategies and activities as part of an action plan to progress work toward achieving the agreed recommendations.

 

Last Updated on Wednesday, 10 September 2014 09:36
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SIDS Conference: SPC’s regional coordination role highlighted at historic events PDF Print E-mail

Monday 8 September 2014, Secretariat of the Pacific Community (SPC), Suva, Fiji

 

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Progress in sustainable energy development in Pacific small island developing states (SIDS) was marked by two historic events that recently took place with key leadership and support from the Secretariat of the Pacific Community (SPC). The two events took place at the United Nations SIDS Conference on 1–4 September in Apia, Samoa. 

 

The signing of the SIDS Dock Statute on 1 September was regarded as a stunning development, with leaders taking ownership and full responsibility for the development of renewable energy and energy efficiency in SIDS. SIDS Dock is a SIDS–SIDS institutional mechanism established to facilitate the development of a sustainable energy economy within the small island developing states. The ultimate goal of SIDS Dock is to increase energy efficiency by 25% (from a 2005 baseline), to generate a minimum of 50% of electric power from renewable sources, and to decrease use of conventional transportation fuel by 20–30% by 2033. By signing the statute, leaders have blessed the establishment of the first ever international organisation to focus only on SIDS sustainable energy challenges.

 

Over 150 delegates and members of the international development community from more than 45 countries were overjoyed to see leader after leader approach the podium to sign a historic sustainable energy and climate resilience treaty that will significantly change the lives and destiny of over 20 million small islanders for the better.

Last Updated on Tuesday, 09 September 2014 09:09
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