Reducing the Long Term Costs of Low Greenhouse Gas-Emitting Energy Technologies

[T]here are two main problems. First, the technologies promoted to date have been regarded as too risky, because they are large scale and capital intensive, produce power which costs more (a financial risk) and also carry higher technological risks. And second, the need to reconcile the global, long-term benefit of lower greenhouse gas emissions with sufficient local benefits, i.e. more reliable generation of electricity at affordable prices.

STAP believes that promoting low greenhouse gas emitting technologies should remain fundamental to the GEF's work.

March 2004