The United Nations SDG 7 Global Conference was held last month in Bangkok, Thailand. Two young practitioners contributed to this Expert Group Meeting as lead discussants. Today, we interview one of the youth practitioners, Ms. Sarmin Rauf who presented at the “Financing for SDG 7” session. SDG 7 Global Conference was also a Expert Group Meeting on SDG 7. Therefore, It was vital that youth be present to ensure that the recommendations taken at the ECOSOC Youth Forum were taken forward towards the UN Cycle.
Hello Sarmin, could you give a brief introduction of yourself to our audience ?
"Hello, my full name is Sarmin Rauf. Currently I am pursuing an interdisciplinary degree in MBA and Energy in Asian Institute of Technology. I am a student Researcher as well and my topic of Research is ‘Analysis of factors Facilitating and Impeding the Renewable Energy Financing in Nepal."
How does the experiences you had in the past in SDG 7 and financing sector help you to identify the concerning areas?
"I completed my bachelors degree with specialization in Banking. It was only in my masters level I got the exposure to learn and understand about SDG7. My advisor is one of the lead author in the IPCC panel for AR6 publication. He included his students in open discussion to the topic related to energy. The more I participated in various event related to SDG, the more I found myself involved in the concerning area."
What is the key driver that interests you in “Financing for SDG 7”?
How did you feel about the “Financing for SDG 7” session at the Global SDG 7 conference? What were the main takeaways?
"As far as ‘Financing for SDG 7’ is concerned. There were lots of takeaways for me. It was delightful to know the efforts from different institution to meet the Clean, Affordable and Reliable Energy for all. Few of them were:
With effective policy and governance in place like Turkmenistan, a country can really upbuilt its energy scenario along with selling the surplus energy to neighbouring country.
The finances are available, however its the gaps in between that is needed to channel these finance to right places.
Capitalizing the private sector can really be boost the efforts to meet the SDG 7.
Least developed countries can highly benefit by placing the subsidy in order.
What do you see as the emerging issues related to the fields related to your thesis?
"Robust Financial Mechanism to finance clean energy project in Nepal
Effective policies is a priority in order to make the shift
Financial Institution has the major role to fill the gap of channeling the clean energy fund
Private sector should be encouraged in order meet the SDG 7"
What are the shortcomings in terms of resources, research efforts, and global interest do you witness in the field during your studies?
"In my research, I have discovered that the Financial Institutions are the intermediaries that can play a vital role in mobilizing the resources to strengthen the country shift to Renewable Energy. They fill the gap between funds and effective use. However, these entities are lacking the knowledge, expertise and interest to move its focus to attaining the goal of clean and sustainable energy."