Energy, poverty and gender in Indonesia: rural electrification from social analysis to reform of the energy sector
(C)The World Bank
Empowering women and girls is vital in order to achieve our twin goals: ending extreme poverty by 2030 and boosting shared pros- perity. Gender at Work looks closely at existing constraints as well as policies and practices that show promise in closing the gaps. A companion to the 2013 World Development Report on jobs, the report advocates investing more in women’s capabilities and elim- inating structural barriers such as laws that bar women from own- ing property, accessing financing, or working without permission from a male relative.
Public and private policies and actions can promote equality over a lifetime. This includes education and training during youth and creating opportunities for women to participate in paid work during their economically productive years. It extends to imple- menting equitable old-age labor regulations combined with ap- propriate social protection later in life.
Copyright OECD 2010
This identifies areas of opportunity where microfinance could be harnessed to play a greater role in fostering adaptation, as well as its limitations in this context. It also explores the linkage between the top-down macro-financing for adaptation through international financial mechanisms and the bottom- up activities that can be implemented through microfinance.
Energy is critical to developmen, as it plays a key role in meeting basic needs such as food, running water, heat, light, and transport. Without energy, important services such as healthcare, education and communication flounder. Unless substancial progress on energy access is made, the UN Millennium Development Goal of eradicating extreme poverty by 2015 will be missed.
In this context, GVEP has worked in Africa and the Caribbean to increase access to modern energy and to improve the quality of lives for millions of people. GVEPs approach to increasing access to modern energy has been to facilitate the development of markets and entrepreneurs for energy products, including more energy efficiency cook stoves, solar products and charcoal briquettes.
GVEP sought tho develop partnerships to allow for linage of entrepreneurs to financial service providers. It was in this context that GVEP developed the Loan Guarantee Fund: to provide a guarantee to financial institutions for loans they make for energy products and to busienesses that GVEP is supporting.