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Senior Global Practice Lead Edward Hoyt

Edward Hoyt is the Senior Global Practice Lead for Chemonics’ Sustainable Energy Transition team. Prior to joining Chemonics, Edward was a principal consultant with Abt Associates and Nexant, and earlier was a co-founder of Econergy, a diversified clean energy company publicly traded on London’s Alternative Investment Market. He is an economist with more than 25 years of experience in energy and development, including leadership roles on USAID programs in Central America and West Africa supporting investment in clean energy businesses and projects. He has worked on policy and program design and implementation, as well as project development and investment, in renewable energy, energy efficiency, biofuels, carbon markets, and power sector reform. He has worked in over 50 countries in Latin America, Africa, the Middle East, Europe and Asia. Edward holds a Master of Arts in Law and Diplomacy in international environmental policy and economic development from Tufts University’s Fletcher School of Law and Diplomacy and a B.A. in political economy from the University of Pennsylvania.

by Edward Hoyt

Perspective: What’s New About the Nairobi Declaration for Climate Investment

In convening the first ever Africa Climate Summit on September 4-6, Kenya’s President William Ruto sought to frame an African position in preparation for the upcoming U.N. Climate Summit, COP28, to be held in Dubai starting November 30. The resulting Nairobi Declaration endorses a series of proposals to reform the way multilateral development banks operate…

Perspective: Our Energy Experts on the Inadequacy of Bangladesh’s Power Sector

Last week, the blackout that shut down much of Bangladesh for seven hours starting at 2 pm local time on October 4th – followed by days of more frequent load-shedding than before the outage – underscores the inadequacy of the country’s energy sector to power its dynamic economy and growing population. Despite years of expansion…

All Hands on Deck: Furthering Youth Engagement in Climate Mitigation

In celebration of International Youth Day, Chemonics calls on the global development community to amplify youth voices and embrace them as an integral part of fighting the climate crisis. At Chemonics, we believe that empowering young people to improve the structures around them catalyzes positive, more inclusive outcomes for youth and their communities. Young people will suffer the…

Decarbonizing Power Sectors in Emerging Markets Begins with Better Energy Governance

The experts say it’s possible. We can limit the warming of our planet to 1.5 C if we achieve net-zero carbon emissions by 2050. That’s encouraging until you consider that Asia alone now accounts for 55 percent of global greenhouse gas emissions, and that share is growing. The power sector plays a major role in the climate challenge. For…

Power Revolution — A New Way Forward in the Global Power Sector

This post originally appeared on Devex. The COVID-19 pandemic that has overwhelmed health care systems around the world has also exposed significant weaknesses in another essential element of economic and social development: the global power sector. Dramatic swings in daily electricity demands as countries impose and rescind pandemic lockdowns, and the subsequent economic damage to governments…

Energy Governance in Developing Countries — A New Approach

Global efforts to improve energy access and quality and to tackle climate change need a different approach to addressing poor energy governance in developing countries. Energy projects should be designed to “think and work politically.”