MJIEL Vol 13 Issue 3 2016 - Article 7 by Priscilla Schwartz

Energy Resources Financing and Sustainable Development
Priscilla Schwartz
 
ABSTRACT: The article analyses the Addis Ababa Action Agenda (AAAA) on development financing, which presents, inter alia, a ‘new’ framework for promoting sustainable energy financing. The purpose of the article is to assess the framework’s contribution in addressing the challenges accompanying various forms of energy resources particularly in developing African countries. The article draws on examples of financing and investment arrangements in the sector over the last decade to reveal the pertinent issues of sustainability and to discuss the extent to which the AAAA could improve thereon. It provides guidance for energy policy planners, investors and other stakeholders concerned with decision-making on the choice of financing instruments relative to the energy resources that is viable to promote sustainable development.

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