Energy+ will make financial support available to developing countries through results-based public–private business models and sector approaches.
Through the Energy+ Partnership, countries are encouraged to participate and take the lead in the process of transforming the energy sector in developing country partners. At the current moment, Denmark has the lead in one country (Nepal), and Norway in four countries (Liberia, Kenya, Bhutan and Ethiopia). Together, these five countries are Energy+ pilot countries where the Energy+ approach is being developed.
The process of Energy+ cooperation
Energy+ is country driven and cooperation is based on demand. A country asks to join the international Energy+ Partnership and consents to the Energy+ Guiding Principles. Regional- and country-specific analysis will be carried out before any agreement is signed.
The first step is to sign a memorandum of understanding (MoU) between the recipient country and the Energy+ donors, outlining the intention to cooperate to provide increased access to energy services and reduce emissions of greenhouse gases through the use of renewable energy and measures to improve energy efficiency. The next step is to agree on a framework for Energy+ cooperation. This multi-donor document gives an overview of activities to be carried out in the different phases of the cooperation.
A financial mechanism has to be established, and the recipient country and the various Energy+ donors will sign a contribution agreement that defines the terms for payment. Finally, a joint implementation note will be drawn up. This document provides specific details for the implementation of the Energy+ cooperation.