Developing countries must cut the red tape and build capacity if they want a slice of the quarter billion dollar investments that clean energy attracted last year.
That, in a nutshell, is the message contained in a UNDP report that shows that 90% of $243 billion invested in 2010 went to G-20 countries (which include China and India).
Shaping policies, creating economic incentives, identifying technology, and building domestic capacity for solid biomass fuel efficiency will be hot topics of discussion at the upcoming Symposium & Workshop on Charcoal to be held in Arusha, Tanzania, on June 15th.
The event, part of a broader conference sponsored by the Association of Tropical Biology and Conservation and the Society for Conservation Biology, seeks to establish a roadmap that will spur business, governments, and technology developers to invest in the sustainable and efficient production and consumption of solid biomass fuels in sub-Saharan Africa where more than 90% of the population depends on wood and charcoal for their daily energy needs.
via Reuters Africa
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