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Centre to Jump Start Ghana’s Green Economy

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Story Released 4:19pm 08/02 Centre to Jump Start Ghana’s Green Economy

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Centre to Jump Start Ghana’s Green Economy
Centre to Jump Start Ghana’s Green Economy

Monday 8th February 2016

THE World Bank Group have announced the upcoming launch of a new Climate Innovation Center (CIC) in Accra to support Ghana’s green growth strategy. The CIC will be financed through a $17.2 million grant package recently approved by the World Bank Group. The CIC will support Ghana’s National Climate Change ...

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Morocco Opens Phase 1 of Worlds Largest Concentrated Solar Power Plant
Morocco Opens Phase 1 of Worlds Largest Concentrated Solar Power Plant

Friday 5th February 2016

MOROCCO has opened the first phase of what is set to become the world’s largest concentrated power plant (CSP). Yesterday, February 4, Morocco’s King Mohammed VI inaugurated Noor 1, the first phase of what will become the largest CSP in the world, in a ceremony attended by world and industry leaders ...

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New Three Year Energy Efficiency Plan for Massachusetts
New Three Year Energy Efficiency Plan for Massachusetts

Monday 1st February 2016

THE Massachusetts’ Department of Public Utilities has issued an order approving the 2016‑2018 Three‑Year Energy Efficiency Plans of the Commonwealth’s electric and gas distribution companies and the Cape Light Compact.  The Plan, supported by the Energy Efficiency Advisory Council, is expected to deliver an estimated $8 billion in economic, environmental ...

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£14M Fund to Improve Energy Efficiency in Scotland
£14M Fund to Improve Energy Efficiency in Scotland

Friday 22nd January 2016

A £14 million fund will allow Councils across Scotland to make homes, public buildings and businesses more energy efficient, Scotland’s Social Justice Secretary Alex Neil announced today. Scotland’s Energy Efficiency Programme (SEEP) will help improve warmth in buildings and homes, drive down energy bills and work towards reaching climate change targets. ...

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$20 Billion Geothermal Investment Needed for Ethiopia
$20 Billion Geothermal Investment Needed for Ethiopia

Monday 18th January 2016

IN the last news update we revealed the investment in Turkey to develop geothermal energy - an even bigger investment is needed to tap Ethiopia's geothermal potential, which is being addressed by the International Finance Corporation (IFC). As explained previously geothermal energy is heat that’s generated from the earth’s core, can be ...

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Financial Help for Turkey's Geothermal Energy Development
Financial Help for Turkey's Geothermal Energy Development

Friday 15th January 2016

TO tap Turkey’s significant geothermal energy potential the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are launching a programme to support exploratory drilling. Geothermal energy projects face high risks particularly in their initial stages, including high investment costs and development risks and very limited access ...

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Jamaican Ministries Save $80M Through Energy Efficiencies
Jamaican Ministries Save $80M Through Energy Efficiencies

Monday 11th January 2016

THE Jamaican Government is achieving its goal of reducing electricity used by its Ministries, Departments and Agencies (MDAs), through the introduction of energy efficient solutions, under the Energy Efficiency and Conservation Programme (EECP). So effective is the thrust, that the Jamaican Government is extending the three-year programme. “The programme has realized a ...

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$46M Energy Efficiency & Renewable Loan for Vermont
$46M Energy Efficiency & Renewable Loan for Vermont

Friday 8th January 2016

U.S. Agriculture Secretary Tom Vilsack today awarded $46 million in assistance to the Vermont Energy Investment Corporation (VEIC) to support energy efficiency and renewable energy improvements in rural areas across the state. USDA awarded VEIC $46 million in assistance to help its customers save money, and live more comfortably by installing ...

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€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency
€5.5 Million for Moldovan Private Companies to Improve Energy Efficiency

Monday 4th January 2016

THE European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Moldova with a €5.5 million loan for private companies undertaking energy-saving measures and renewable energy projects. The loan to CB “MOBIASBANCA-Groupe Société Générale” for on-lending will be complemented by European Union (EU) grants to provide direct incentives for ...

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Hotel Group First to get Superior Energy Performance Certification
Hotel Group First to get Superior Energy Performance Certification

Monday 21st December 2015

HILTON Worldwide, the hotel group, announced that it is the first hospitality company to achieve Superior Energy Performance® (SEP™) certification from the U.S. Department of Energy (DOE). The certification has been issued for leadership and improvement in energy management and productivity at three landmark Hilton hotels. This recognition follows Hilton’s system-wide ...

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Energy Efficiency and Renewable Action Potential in Developing Countries
Energy Efficiency and Renewable Action Potential in Developing Countries

Friday 11th December 2015

Actions on Renewable Energy and Energy Efficiency in Developing Countries Could Reduce Emissions by 1.7 Gt/year by 2020. Initial analysis of almost 6,000 projects targeting renewable energy and energy efficiency in developing countries has revealed that the projects could reduce CO2 emissions by about 1.7 gigatons a year by 2020. The findings, ...

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Energy Efficiency Funding for Australian Councils
Energy Efficiency Funding for Australian Councils

Monday 7th December 2015

AUSTRALIAN councils are being encouraged to invest in clean technologies to reduce their energy bills and lower emissions, via a new $250 million program from the Clean Energy Finance Corporation (CEFC). The CEFC Local Government Finance Program is designed to provide flexible and competitive fixed-rate, long-term finance tailored to the needs ...

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IEA Deliver Four Messages on Energy for COP21
IEA Deliver Four Messages on Energy for COP21

Friday 27th November 2015

THE International Energy Agency have deliver four key messages for the upcoming UN climate negotiations at COP21 in Paris. Building on extensive IEA analysis leading up to the Paris talks, the four messages could help COP21 shift the energy sector onto a low-carbon path while supporting economic growth and providing ...

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IFC Issue $500 Million Climate-Smart Investments Green Bond
IFC Issue $500 Million Climate-Smart Investments Green Bond

Monday 23rd November 2015

THE International Finance Corporation (IFC), have issued a $500 million three-year green bond to support climate-friendly investments in developing countries. IFC will use the proceeds to support investments in renewable energy, energy efficiency, and other areas that reduce greenhouse emissions. These investments are expected to reduce greenhouse emissions by the equivalent ...

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Global Climate Finance Increases to USD 391 Billion
Global Climate Finance Increases to USD 391 Billion

Friday 20th November 2015

Many dry reports exist about climate, green and energy efficiency finance, the Climate Policy Initiative blow those reports away with their fantastic infographic entitled Global Landscape of Climate Finance 2015. It shows global investment in activities that reduce greenhouse gas emissions and climate vulnerability increased by $90 billion, growing from $331 ...

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COP21 in Paris Will Go Ahead Despite Attacks
COP21 in Paris Will Go Ahead Despite Attacks

Monday 16th November 2015

THE Paris 2015 UN climate change conference (COP21) will go ahead in Paris at the end of the month and into December despite Friday’s deadly attacks. Prime Minister Manuel Valls told TF1 television on Saturday that the conference "will be held because it's an essential meeting for humanity.” He added that ...

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Boost for Indian Country Energy Resources
Boost for Indian Country Energy Resources

Friday 13th November 2015

THE U.S. Department of Energy (DOE) will sign a Memorandum of Understanding with the Department of the Interior to assist Indian Tribes throughout the U.S. to develop their energy resources. The MOU will assist Indian Tribes to manage energy resources on approximately 56 million acres of land and natural resources. The ...

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Financial Boost for Morocco's Renewable Energy
Financial Boost for Morocco's Renewable Energy

Monday 9th November 2015

SUPPORT for Morocco's renewable energy sector in the shape of a loan of up to €35 million is being made by the European Bank for Reconstruction and Development (EBRD). The loan is being made to the Office National de l’Electricite et de l’Eau Potable (ONEE), who will use the funds to ...

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Energy Efficiency Financing Help for Victoria's Businesses
Energy Efficiency Financing Help for Victoria's Businesses

Friday 6th November 2015

IT’S now easier for businesses in Victoria state in Australia to upgrade their buildings to be more energy efficient and sustainable. Under new Environmental Upgrade Agreements, which came into power this week, Victorian businesses can borrow money through an approved lender to pay for environmental upgrades to their building such as ...

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Ninth Annual State Energy Efficiency Scorecard Released
Ninth Annual State Energy Efficiency Scorecard Released

Monday 26th October 2015

THE ACEEE (American Council for an Energy-Efficiency Economy) has released its ninth State Energy Efficiency Scorecard. The State Scorecard ranking of the states is issued annually with the support of the US Department of Energy. The ACEEE reports that energy efficiency measures continue to flourish in states across the country, with ...

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COP21 National Pledges to Slow Emissions from Energy
COP21 National Pledges to Slow Emissions from Energy

Friday 23rd October 2015

THE International Energy Agency (IEA) have released a World Energy Outlook (WEO) special briefing outlining energy sector implications of national climate pledges submitted for the upcoming climate summit in Paris. The briefing finds that if all countries meet goals outlined in their submitted pledges, known as Intended Nationally Determined Contributions ...

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Major Investment in Hydro-power Project in Georgia
Major Investment in Hydro-power Project in Georgia

Monday 19th October 2015

THE Georgian Co-Investment Fund (GCF) has announced a $723,000,000 investment in the Tskhenistskali cascade of hydro power plants (HPP) project in Georgia. The HPP will have a total installed capacity of 347.1 MW and annual generation of 1,743.7 M kWh. The project is located in Racha-Lechkhumi Kvemo Svaneti region, Lentekhi and ...

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Call for Local Governments to be Involved in Climate Change Combat
Call for Local Governments to be Involved in Climate Change Combat

Friday 16th October 2015

FOR the new global agreement on climate change to succeed, local governments must be empowered to act to accelerate national governments efforts in lowering carbon emissions according to the EU’s Committee of Regions (CoR). Just two months ahead of the climate conference in Paris CoR states that the climate agreement must ...

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Energy Efficiency Cuts Greenhouse Gases
Energy Efficiency Cuts Greenhouse Gases

Monday 12th October 2015

AHEAD of the COP21 climate negotiations in Paris in December, the new book Energy Efficiency Market Report 2015 reveals that energy efficiency improvements since 1990 in IEA member countries. The book by the International Energy Agency (IEA) reveals that these countries avoided 870 million tonnes of CO2 emissions in 2014 – ...

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Report States Turkey Must Improve Energy Efficiency
Report States Turkey Must Improve Energy Efficiency

Friday 9th October 2015

A Report from the World Bank states that if Turkey is to continue its trajectory of economic growth in a sustainable manner, energy efficiency will be of critical importance. The report further reveals that the Government of Turkey has placed energy efficiency as a key component of both its energy ...

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