Abstract:

This study examines institutional arrangements that are deemed necessary for planning, coordinating and implementing energy access policies and programs for emerging markets and developing economies. The article discusses modalities for energy access partnerships, and reviews various strategies to mobilize financial resources to bridge the energy access gap, based on the examples from several developing economies.

With expanding policy dialogue, knowledge sharing, relevant partners’ engagement and financial resources mobilization being considered as prerequisites to ensure universal energy access, a sector-wide development approach to energy access is proposed as key element for longstanding and substantial engagement of governmental agencies and development donors. In conclusion, the authors come up with recommendations for future financing mechanisms, and discuss the role of Sustainable Development Goals as the opportunity to increase the level of technical, financial and human resources, and achieve one of its targets – universal access to modern energy services.