Supply capacity - Norway
Since its inception, the CFC has received voluntary contributions of USD 22.4 million from Norway. The CFC finances measures to improve competitiveness and increase the degree of processing of various raw materials produced in developing countries.
For more information: https://www.norad.no/en/front/thematic-areas/oil-for-development/
The OfD, drawing on the technical expertise that Norway has gained in its extensive experience in the oil and gas sectors, aims at assisting developing countries to manage their petroleum resources in a way that generates economic growth, promotes the welfare of the whole population and is environmentally sustainable. The OfD Programme is based on the premise that responsible governance is a prerequisite for sustainable economic growth and welfare for all citizens in a country. OfD therefore assists in developing frameworks and capacities for responsible management of a country’s petroleum resources. It takes a holistic approach, combining management of resources, the environment, safety and revenues. Good governance, transparency and anti-corruption are vital components in all the petroleum-related assistance the OfD offers. The OfD Initiative was launched in 2005. As of 2015, the OfD programme was running in 12 countries located in Africa, Latin-America, the Middle-East and Asia. The funding of OfD activities for 2015 was approx. USD 25.4 million.
Access to sustainable, affordable, and reliable energy services is crucial for eradicating extreme poverty, spurring economic growth, and ensuring environmental sustainability. In support of this, the Clean Energy Initiative’s policy platform was launched and operationalized in 2007. In recognition of the critical role energy plays in development, Norway decided to build on its energy development experience and increase its support to clean energy. The Norwegian Clean Energy for Development Initiative was established with the overall purpose to enable poverty reduction and economic growth, and contribute towards establishing cleaner development paths.
The aim of the initiative is to increase (i) access to clean, reliable and affordable energy in poor countries, (ii) energy production, and (iii) human capacity and improved institutions. The Initiative’s approach is broad and pragmatic, ranging from support to institutional strengthening, education and research, electrification projects, provision of clean cook stoves and solar home systems, to hydro and solar power and transmission line construction. Various channels of support are used, from multilateral organizations, direct government support, international organizations, to nongovernmental organizations. Total undertaken energy disbursements in the period 2007 - 2015 amount to NOK 16.4 billion (approx. USD 2 billion). This number also includes core support to multilateral organizations, amounting to NOK 1.9 billion.
Since 2007 the initiative have provided access to modern energy services for 18 million people, hereunder electricity and improved cook stoves and biogas. The initiative have contributed to construction of 6 000 MW of generation capacity. This includes hydro, solar and wind power. The initiative have funded construction of transmission and distribution lines. In addition to this, the initiative have helped improve energy sector governance, and strengthened renewable energy research institutions and human knowledge base in clean energy technology.
Fish, other marine resources and the oceans themselves, are becoming increasingly important as a source of both income and nutrition, particularly for developing countries but also globally. Norway has substantial expertise in these fields and wants to make even greater use of this in its development policy. Norway has therefore established the Fish for Development programme to achieve a more strategic approach to development cooperation in the areas of fisheries and aquaculture. The overall objective of the programme is to reduce poverty through food security, sustainable management and profitable business activities.
Fish for Development is divided into three main areas: (i) Research and development (including the EAF-Nansen programme); (ii) Business Development, including aquaculture; and (iii) Resource management and legislation.