The Relevance of Green Energy Projects in The Developing Countries - International Journal of Academic Research in Business, Arts & Science | IJARBAS

Issue: 12, Volume: 3, Year: 2021

The Relevance of Green Energy Projects in The Developing Countries

Date of Publication : 31, Dec, 2021

Date Of Acceptance : 25 Dec, 2021

Author: Olive M. Gitau

Co Author: Dr. Paul K. Sang

Area of research / Subject: The Relevance of Green Energy Projects in The Developing Countries

Today, renewable energy[1] sources are a key pillar to achieving sustainable development, which is the main reason why energy projects are being carried out not only in developed countries but also in many emerging countries. The sustainable development of energy systems is increasingly important for politicians and decision makers’ worldwide. Energy fuels economic growth and is therefore of paramount concern for all countries. no country has been able to substantially reduce poverty without significantly increasing its use of energy, replacing human and animal labour with more efficient forms of energy. The paper explores the relevance of green energy projects in the developing countries. It discusses achieving United Nations Sustainable Development Goal (SDG) 7 – affordable and clean energy. It discovered that energy use in developing countries is closely linked to a range of social issues: poverty alleviation, education, health, population growth, employment, enterprise, communication, urbanization and a lack of opportunities for women. The study showed that the renewable energies have the potential of offering universal access to affordable, reliable and modern energy services; addressing development and environmental challenges; and increasing security and economic stability. Examples were provided and case studies of countries that have applied renewable energies projects given, offering best practices scenarios. The contribution of project management as a field was evident in implementation of the various renewable energy sources projects. These contribute to the global energy demand and offer sustainable solutions to long-term wealth creation, employment and new business opportunities, hence building business resilience and sustainability by providing energy solutions in both the public and private sector.

[1] Renewable Energy (RE) refers to clean electricity generation through hydropower, wind power, solar energy, biomass (waste to energy), geothermal energy and biofuel.

 

Keywords: Renewable energy, sustainable development, green energy projects, developing countries,

 

Cite this article:

Author(s), Olive M. Gitau, AND Dr. Paul K. Sang, (2021). “The Relevance of Green Energy Projects in The Developing Countries”. Name of the Journal:  International Journal of Academic Research in Business, Arts and Science, (IJARBAS.COM), P, 50- 61, DOI: http://doi.org/10.5281/zenodo.5812543 , Issue: 12, Vol.: 3, Article: 9, Month: December, Year: 2021. Retrieved from https://www.ijarbas.com/all-issues/

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ThoughtWares Consulting & Multi Services International (TWCMSI)



3.12 – 2021 – 9 – The Relevance of Green Energy Projects in The Developing Countries

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Keywords : Renewable energy, sustainable development, green energy projects, developing countries,

DOI (Digital Object Identifier) Number: www.doi.org/10.5281/zenodo.5812543

Serial: 9 Download Page: 50-61