QUESTION OF: Methods to transition from oil-based energy sources to renewable energy sources in Less Economically Developed Countries [LEDCs]


CO-SUBMITTERS:Saudi Arabia, Tanzania, United Rep., Azerbaijan, Malaysia, Uganda, Latvia, Ireland, Tajikistan, Burkina Faso, Turkmenistan.


Urges countries to take into consideration that many countries largely rely on oil as a source of income and energy,


Taking into consideration the importance of oil-based economies and energy for many countries, not limited to Less Economically Developed Countries (LEDCs),


Further takes into consideration that despite the importance of oil for these countries, it is also vitally important they move away from fossil fuels to reduce their dependence on oil and natural gas, creating energy portfolios that are less vulnerable to price rises, and to combat climate change,


Noting with concern oil demand from LEDCs has risen by almost 50% this decade, surpassing the demand of developed countries, 


Recognizes the work of the International Institute for Environment and Development (IIED) and the Least Developed Countries Renewable Energy and Energy Efficiency Initiative for Sustainable Development’ (LDC REEEI), 


Acknowledging the potential of solar and wind energy in making renewable energy more accessible to LEDCs,


Reaffirms that the transitioning to renewable technology will lead to increased job opportunities, particularly LEDCs, such as contractors, electricians, mechanics, architects and maintenance staff to take care of machinery,


  1. Calls for LEDCs to implement policies that can promote the use of renewable energy in their nation including but not limited to:
    1. increasing the tax revenue of internal enterprises in oil export industries and reduce the tax revenue of internal enterprises in investing renewable energy
    2. urging both internal and external companies to form an ecosystem of small enterprises that will work together to invest in renewable energy technologies and innovate for the country, by giving them extra funding as well as any other required support such as:
      1. legal support,
      2. more access to education programmes that further steps in creating more modern technologies and improve understanding of renewable energy;
  2. Further calls for LEDCs to construct infrastructure that can generate renewable energy sources that fit both the nation’s environmental and economic condition including but not limited to:
    1. implementing solar panels using solar farms in developing countries located near the equator,
    2. building wind turbines in countries with windy regions,
    3. encourages the setting up of dams in countries that can gain sufficient funds, through lending procedures, and abundant bodies of water to do so,
    4. using micro-grids to allow individual homes and rural towns access to electricity, without extensive costs to power sparsely populated areas;
  3. Suggests nations work with organizations such as the ‘International Institute for Environment and Development’ (IIED) and the ‘Less Economically Developed Countries Renewable Energy and Energy Efficiency Initiative for Sustainable Development’ (LDC REEEI) to receive funding and other necessary help in order to invest in renewable energy and maintain GDP, through ways such as but not limited to:
    1. establishing friendly relationships between LEDCs and other More Economically Developed Countries (MEDCs),
    2. releasing Intellectual Property (IP) rights to sustainable technologies to allow LEDCs to be more independent when investing in renewable energy,
    3. providing funding that can help LEDCs maintain their use of renewable energy,
    4. identifying local solutions that can work at scale as every region has its own unique issues that may differ from other regions;
  4. Recommends a gradual transition from oil-based energy to sustainable energy in order to conserve the economies of countries who rely largely on oil exports, through ways such as but not limited to:
    1. establishing a 10-year plan followed by a reevaluation where LEDCs, with the assistance of other MEDCs, progressively transition into a country with more renewable energy sources through:
      1. contributing to conferences and signing agreements between LEDCs and MEDCs to assist one another in implementing change and outlining the specific ways assistance will be provided
      2. agreements  with countries who are more capable and ready to start the transition will start to implement small amounts of machinery and products that provide renewable energy and that they will work to implement sustainable development without compromising the economy and welfare of the country
    2. introducing oil export quotas that make up a certain percentage of the country’s Gross Domestic Product (GDP), and gradually reducing the quota on an annual basis;
  5. Encourages the World Bank Group, specifically the International Development Plan, to set aside funds for LEDCs, through actions that it deems necessary in order for them to start implementing renewable energy sources.