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$1B to Mitigate Climate Change in Europe & Central Asia

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Story Released 7:26pm 28/08 $1B to Mitigate Climate Change in Europe & Central Asia

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$1B to Mitigate Climate Change in Europe & Central Asia
$1B to Mitigate Climate Change in Europe & Central Asia

Friday 28th August 2015

ALMOST one billion dollars’ worth of climate-smart investments in Europe and Central Asia have been made in the latest fiscal year by the International Finance Corporation (IFC) The funding helps in cutting greenhouse gas emissions and increasing energy efficiency and renewable energy production to spur sustainable growth.     IFC committed ...

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China's Coal Use Drops, While Renewables Grow
China's Coal Use Drops, While Renewables Grow

Monday 24th August 2015

RECENT data reveals that China’s coal production is reducing faster than their government predicted, reducing pollution and changing the nation’s energy future. Three agencies report on the continuing decline in use of coal during the first half of 2015. These are absolute drops in the coal consumed for power generation as ...

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Renewable Electricity Generation Now Second After Coal
Renewable Electricity Generation Now Second After Coal

Friday 21st August 2015

THE International Energy Agency (IEA) have released provisional data about electricity production in ‌‌‌the 34 members of the OECD for 2014 - revealing that renewables are catching coal. The report shows that production fell slightly to 10,712 TWh a decrease of 0.8% or 86 TWh compared to 2013. According to the ...

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Funding for Indonesian Clean Energy
Funding for Indonesian Clean Energy

Monday 17th August 2015

THE International Finance Corporation (IFC) and Asia Green Capital Partners Pte Ltd, a renewable-energy developer and investment company are boosting renewable energy in Indonesia. The two organizations have taken steps in co-developing the first wind-power project in Indonesia’s South Sulawesi province to help the country increase its clean-energy supply and stimulate ...

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Thailand Approves Energy Efficiency Plan
Thailand Approves Energy Efficiency Plan

Friday 14th August 2015

THAILAND’S Energy Policy and Planning Office (EPPO) yesterday approved an Energy Efficiency Plan to improve a previous energy-intensity saving target from 25% to 30%, saving an estimated Bt8.5 trillion ($241M). This Plan, reports The Nation, is in line with the current Thai national economic and social development plan, which was revised ...

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U.S. Plan For More Clean Energy
U.S. Plan For More Clean Energy

Monday 10th August 2015

U.S. President Barack Obama announced last week the U.S. Environmental Protection Agency’s final Clean Power Plan, which will cut carbon pollution from the power sector by 32 % below 2005 levels, in 2030. Power plants are the largest drivers of climate change in the United States, accounting for roughly one-third ...

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Energy Efficiency Key for Higher Education Institutions
Energy Efficiency Key for Higher Education Institutions

Friday 7th August 2015

A new study reveal that U.S. Higher Education institutions accept that energy efficiency is key to fulfilling their core missions. The new study commissioned by Schneider Electric and the Alliance to Save Energy, found that almost 9 out of 10 respondents are expecting to increase or maintain energy efficiency investments next ...

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Proposal for Energy Efficiency and Renewable Standards for the U.S.
Proposal for Energy Efficiency and Renewable Standards for the U.S.

Monday 3rd August 2015

TWO members of the U.S. Congress are looking to get nationwide energy standards accepted to tackle climate change. Peter Welch, representing Vermont, and Ray Luján, New Mexico, want standards for renewable energy and for energy efficiency to applied across all States. Their proposed legislation requires electric utilities to get at least 30% ...

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Europe's Offshore Wind Smashes Installation Records
Europe's Offshore Wind Smashes Installation Records

Friday 31st July 2015

In the first six months of 2015, the European offshore wind industry installed more new capacity than in any other year on record as several projects reached completion and deployment of larger turbines increased. Installations in the first half of 2015 touched 2,342.9MW - tripling the grid-connected capacity for the same ...

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Worldwide Sales of Solar to Exceed $151bn
Worldwide Sales of Solar to Exceed $151bn

Friday 24th July 2015

A new report predicts the market for solar photovoltaic (PV), the report also inlcudesw forecasts for capacity and revenue, segmented by region and country, through 2024. The report from Navigant Resarch has been produced following years of module oversupply and artificially low pricing, solar PV is expected to soon shift from ...

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Energy Efficiency Works for the U.S.
Energy Efficiency Works for the U.S.

Friday 17th July 2015

ENERGY efficiency has made major strides in the US in the last 35 years, with energy intensity, the measurement of energy used per dollar of gross domestic product, down from 12.1 thousand Btus per dollar in 1980 to 6.1 thousand Btus per dollar in 2014. This is according to a major ...

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Business Case for Rapid Low Carbon Transition from UK Leaders
Business Case for Rapid Low Carbon Transition from UK Leaders

Monday 13th July 2015

THE Aldersgate Group, an alliance of UK business, politics and civil society leaders, set out key policy priorities for the UK parliament to address to allow the country to meet its carbon targets in a new report.  The report: "A Brighter, More Secure Future: Low carbon priorities for the new government" gathers contributions ...

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Funding for Montenegro's First Commercial Wind Power Plant
Funding for Montenegro's First Commercial Wind Power Plant

Friday 10th July 2015

THE European Bank for Reconstruction and Development (EBRD) is supporting the first commercial wind power plant in western Montenegro. The EBRD is extending a secured loan of up to €48.5 million to finance the build and operation of a 72MW plant. In parallel, KfW IPEX-Bank GmbH is matching the loan. This is ...

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Greece Fined Over Lack of Energy Efficiency Law
Greece Fined Over Lack of Energy Efficiency Law

Monday 29th June 2015

AS if Greece isn’t facing enough challenges, the European Commission if referring the country to the EU Court of Justice for failing to apply the bloc’s Energy Efficiency Directive. Under this directive EU Member States must meet certain energy saving targets from 1 January 2014 to 31 December 2020. They must ...

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Renewables and Energy Efficiency Better Than Reported
Renewables and Energy Efficiency Better Than Reported

Friday 26th June 2015

RENEWABLE energy and energy efficiency are competitive resources and should grow based on costs according to a new report. The report by the U.S. based Advanced Energy Economy Institute (AEE) states that in today’s marketplace renewables and energy efficiency will not only be cost-effective for compliance with the U.S. EPA’s Clean ...

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A Call for More Asian Energy Efficiency & Clean Energy Investment
A Call for More Asian Energy Efficiency & Clean Energy Investment

Friday 19th June 2015

ASIA has made huge strides in developing clean energy over the last decade but boosting clean energy investment, energy efficiency, and innovation is needed to meet the challenges ahead. This was the warning from Bindu N. Lohani, Asian Development Bank (ADB) Vice-President for Knowledge Management and Sustainable Development, as he referred ...

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Energy Emissions May Peak by 2020
Energy Emissions May Peak by 2020

Monday 15th June 2015

A peak in global energy-related emissions could be achieved as early as 2020 and at no net economic cost, according to a report released today by the International Energy Agency (IEA). The Agency showed how to achieve an early peak in emissions as one of four key pillars that it believes ...

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IKEA Funding Sustainable Futures
IKEA Funding Sustainable Futures

Monday 8th June 2015

IKEA are making bold new commitments to accelerate the transition to a low-carbon economy and to support the communities most at risk. The IKEA Group and IKEA Foundation announced the €1 billion total, which is made up of an IKEA Group commitment of €600 million for investment in renewable energy and ...

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Funding for Sustainable Energy in Morocco
Funding for Sustainable Energy in Morocco

Friday 5th June 2015

FOUR international financial institutions are teaming up with the European Union to promote sustainable energy investments in Morocco. The funding of €80 million will be used for supporting projects in the country that cut back on energy waste and also help to develop renewable energy sources.    The money will provide loans via ...

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Clean Energy Progress Slows
Clean Energy Progress Slows

Friday 29th May 2015

DESPITE a few recent success stories, clean-energy progress is falling well short of the levels needed to limit the global increase in temperatures to no more than 2 degrees Celsius. This is the conclusion of the International Energy Agency (IEA) tracking report presented this week at the Clean Energy Ministerial meeting ...

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Sustainable Energy Progress is Underway, but not on Track
Sustainable Energy Progress is Underway, but not on Track

Friday 22nd May 2015

SIGNIFICANT progress has been achieved towards modern energy access, increased energy efficiency and renewable energy, but much more effort is needed according to the International Energy Agency (IEA). To achieve the Sustainable Energy for All (SE4ALL) initiative goals by 2030 so much more will need to be achieved, according to the ...

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Plan to Supply Hydropower to Four Asian Countries
Plan to Supply Hydropower to Four Asian Countries

Monday 18th May 2015

THE Government of Tajikistan intends to develop an electricity transmission line to supply hydropower to span four countries. The ‘Central Asia-South Asia’ (CASA 1000) project, will supply hydropower to Tajikistan itself, but also to the Kyrgyz Republic along with exporting green energy to power hungry Afghanistan and Pakistan. The Tajikistan Government and ...

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Another Energy Efficiency Bill from Shaheen
Another Energy Efficiency Bill from Shaheen

Monday 11th May 2015

U.S. Senator Jeanne Shaheen for New Hampshire has introduced a bill that would reduce operating costs for hospitals, universities and manufacturing plants through energy efficiency. Shaheen was the co-author of the recent energy efficiency bill passed in the U.S., and has now introduced the Heat Efficiency through Applied Technology (HEAT) Act, ...

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Clean Energy Technological Innovation Essential
Clean Energy Technological Innovation Essential

Friday 8th May 2015

A concerted push for clean-energy innovation is the only way the world can meet its climate goals claim the International Energy Agency (IEA) as it released its flagship energy technology report. Energy Technology Perspectives 2015 , shows that despite a few recent success stories, clean-energy progress is falling well short of ...

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Ireland's Public Bodies - Effort Needed to Save Energy
Ireland's Public Bodies - Effort Needed to Save Energy

Monday 27th April 2015

THE Sustainable Energy Authority of Ireland (SEAI) have published a report revealing a 14% decrease in energy consumption in 2013 by Ireland’s public bodies, but thay are still well short of the set targets. After seeing the 'Annual Report on Public Sector Energy Efficiency Performance,’ the Irish Independent reports that almost ...

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