Article ID: | iaor20116209 |
Volume: | 39 |
Issue: | 8 |
Start Page Number: | 4497 |
End Page Number: | 4506 |
Publication Date: | Aug 2011 |
Journal: | Energy Policy |
Authors: | Fritzsche Kerstin, Zejli Driss, Tnzler Dennis |
Keywords: | government, developing countries |
Global climate and energy governance have led to the creation of a wide range of international and regional institutions, initiatives and financial mechanisms dedicated to fostering renewable energies. Furthermore, a low‐carbon economy has evolved in recent years. The objective of this paper is to assess the potential benefits and merits of these institutions, initiatives and mechanisms from the perspective of the Middle East and North Africa (MENA) region. The central questions are if and how these organizations, initiatives and finance mechanisms could support a country from MENA in its efforts to implement large‐scale capacities for renewable energy production. For this purpose, Morocco was chosen as a case study. The findings in this paper indicate that the existing institutions and financial mechanisms do not sum up to a coordinated governance approach, although the main needs of a country or region appear to be addressed. The existing institutions and financial mechanisms vary significantly in their ability to support countries, especially those taking the lead in renewable energy implementation.