Energy Peace Partners have developed Peace Renewable Energy Credits (P-RECs): a financing solution that directs and derisks investments for renewable energy generation in the most fragile, least electrified regions. P-RECs are similar to established Renewable Energy Credits which are an internationally-traded virtual commodity. The central idea is to extend the renewable energy market to fragile countries like DRC and South Sudan. To do this, Energy Peace Partners finds high-impact sites in “riskier” countries, vets developers and their energy projects, and connects them to the financing (PREC) they need to catalyze a clean energy economy.
Dave spent much of his career in international conflict resolution in the Sudans and the Horn of Africa. He co-founded Energy Peace Partners with Sherwin after he became struck by the possibility of climate change fueling conflict. Dave is also the Founding Director of the Program on Conflict, Climate Change and Green Development at UC Berkeley’s RAEL.
His co-founder Sherwin is a co-fellow.