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DATA IDENTIFICATION


Name
International financial flows to developing countries in support of clean energy research and development and renewable energy production
Indicator purpose

This indicator provides a suitable measure of the international support given to developing countries to access these technologies.

Abstract

Total ODA and OOF flows to developing countries quantify the public financial effort (excluding export credits) that donors provide to developing countries for renewable energies. The additional flows (from the IRENA database) capture the flows to non-ODA Recipients in developing regions, flows from countries and institutions not currently reporting to the DAC and certain other types of flows, such as export credits.

Data source

Ministry of Economic Development (MED)

Ministry of Finance (MOF)

DATA CHARACTERISTICS



Contact organization person

Ministry of Economic Development (MED)

Ministry of Finance (MOF)

Date last updated
20-APR-2020
Periodicity
-
Unit of measure

Total official flows (ODA and OOF)

Other characteristics

Research and development of energy efficiency technologies and measures is captured under CRS sector code 23182 on Energy research.

IRENA: The flows covered by IRENA are defined as all additional loans, grants and equity investments received by developing countries (defined as countries in developing regions, as listed in the UN M49 composition of regions) from all foreign governments, multilateral agencies and additional development finance institutions (including export credits, where available) for the purpose of clean energy research and development and renewable energy production, including in hybrid systems. These additional flows cover the same technologies and other activities (research and development, technical assistance, etc.) as listed above and exclude all flows extracted from the OECD/DAC CRS.

DATA CONCEPTS and CLASSIFICATIONS



Classification used

The flows are covered through two complementary sources.

OECD: The flows covered by the OECD are defined as all official loans, grants and equity investments received by countries on the DAC List of ODA Recipients from foreign governments and multilateral agencies, for the purpose of clean energy research and development and renewable energy production, including in hybrid systems extracted from the OECD/DAC Creditor Reporting System (CRS) with the following sector codes:

  • 23210 Energy generation, renewable sources – multiple technologies - Renewable energy generation programmes that cannot be attributed to one single technology (codes 23220 through 23280 below). Fuelwood/charcoal production should be included under forestry 31261.
  • 23220 Hydro-electric power plants - Including energy-generating river barges.
  •  23230 Solar energy - Including photo-voltaic cells, solar thermal applications and solar heating.
  • 23240 Wind energy - Wind energy for water lifting and electric power generation.
  •  23250 Marine energy - Including ocean thermal energy conversion, tidal and wave power.
  • 23260 Geothermal energy - Use of geothermal energy for generating electric power or directly as heat for agriculture, etc.
  •  23270- Biofuel-fired power plants Use of solids and liquids produced from biomass for direct power generation. Also includes biogases from anaerobic fermentation (e.g. landfill gas, sewage sludge gas, fermentation of energy crops and manure) and thermal processes (also known as syngas); waste fired power plants making use of biodegradable municipal waste (household waste and waste from companies and public services that resembles household waste, collected at installations specifically designed for their disposal with the recovery of combustible liquids, gases or heat). See code 23360 for non-renewable waste-fired power plants.
Disaggregation

Data can be disaggregated by type of flow (ODA or OOF), by donor, recipient country, type of finance, type of aid (project, agriculture sub-sector, etc.).

Key statistical concepts

The OECD flows are calculated by taking the total official flows (ODA and OOF) from DAC member countries, multilateral organisations and other providers of development assistance to the sectors listed above. The IRENA (additional) flows are calculated by taking the total public investment flows from IRENA’s Public Renewable Energy Investment Database and excluding: domestic financial flows; international flows to countries outside developing regions; and flows reported by OECD (as described above). The flows are measured in current United States Dollars (USD).

Formula
-
OTHER ASPECTS



Recommended uses

N/A

Limitations

N/A

Other comments

All the metadata shown in this document was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.