climate-3fcd75607aa88149.pdf

The document advocates for a systemic shift in global energy policy, calling for OECD countries to double ODA budgets for sustainable energy and for international financial institutions to target 20% of energy financing toward renewables and efficiency. It proposes increasing the global share of renewable energy to 10% by 2010 and improving annual energy efficiency by 2%. Additionally, it urges the elimination of fossil fuel subsidies in industrialized nations and the support of local manufacturing and capacity building for clean energy technologies in developing countries to ensure sustainable development.

• The document calls for industrialized (OECD) countries to double their Official Development Assistance (ODA) budgets for sustainable energy services, specifically requesting the immediate payment of arrears to the Global Environment Facility and an increase in the 2003 replenishment by at least US$500,000.
• The text proposes a global target to increase the share of renewable energy sources to 10% by 2010 and to improve energy efficiency across all countries by at least 2% annually.
• International financial institutions and export credit agencies (ECAs) are urged to allocate 20% of energy sector financing to renewable energy and energy efficiency, with a long-term goal of completely phasing out fossil fuel projects.
• The document argues that industrialized countries waste hundreds of billions of dollars annually on fossil fuel consumption through tax credits, exemptions, and export credits, and recommends shifting these subsidies to support clean energy technologies.

APA

Center for International Environmental Law (n.d.). climate-3fcd75607aa88149.pdf. https://www.ciel.org/wp-content/uploads/2015/03/climate.pdf

Chicago

Center for International Environmental Law. climate-3fcd75607aa88149.pdf. n.d. https://www.ciel.org/wp-content/uploads/2015/03/climate.pdf.

Wikipedia

{{cite press release |author=Center for International Environmental Law |title=climate-3fcd75607aa88149.pdf |url=https://www.ciel.org/wp-content/uploads/2015/03/climate.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{centerforinternationalenvironmentallawndclimate3fcd75607aa88149pdf, author = {{Center for International Environmental Law}}, title = {{climate-3fcd75607aa88149.pdf}}, publisher = {Center for International Environmental Law}, url = {https://www.ciel.org/wp-content/uploads/2015/03/climate.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }