Excellency UN Deputy Secretary-General
We thank the UN Deputy Secretary-General for her remarks and appreciate her presence amongst us to discuss these important issues. We also commend the Secretariat for preparation and presentation of The Least Developed Countries Report 2017 which was discussed at length during the 66thExecutive session of the Trade and Development Board held in February 2018.
The timely Report should serve as an important contribution to the High-Level Political Forum (HLPF) in July 2018 which, inter alia, will review Sustainable Development Goal 7 –ensuring access to affordable, reliable, sustainable and modern energy for all.
Transforming the energy sector is critically important goal towards long-term development of developing countries and LDCs and serves as enabler for attainment of other SDGs. Secure, efficient, reliable, clean and cost-effective energy system remains a challenge for most developing countries.
The experience of other developing countries through South-South and trilateral cooperation, as well as cooperation with international organizations, also offers valuable lessons in deployment of new technologies and equitable sharing of energy resources.The function of technology in transformation of energy access cannot be overemphasized. Start-ups and SMEs can serve instrumental role in building an energy ecosystem linked with information highway delivering low-cost and localized energy solutions.
We agree with the Report’s findings on the need for strengthening and widening the international mechanisms for transfer of technology to LDCs in the field of renewable energy.
I thank you Mr. President.