Clean Energy Finance News
7 June 2017
The Asian Development Bank (ADB) is partnering with governments, communities and the private sector to support clean energy projects in the Pacific region by helping install PV systems on five of the Cook Islands to help the government achieve its goal of supplying 100 per cent of inhabited islands with renewable energy by 2020. Learn more.
2 June 2017
PFAN Call for Proposals: Project Development and Financing Initiative for Climate and Clean Energy in Asia »
The Private Financing Advisory Network (PFAN) is now accepting proposals for the Project Development and Financing Initiative for Climate & Clean Energy in Asia. The objective of this initiative is to provide promising climate and clean energy businesses with coaching support from experienced professionals, to develop and refine a financially, socially and environmentally viable business plan. Learn more.
19 April 2017
Vietnam has confirmed a long-awaited feed-in tariff (FIT) scheme for utility-scale solar projects along with a net metering scheme for rooftop PV systems. The FIT would be valid from 1 June 2017 to 30 June 2019, although the Ministry of Industry and Trade is conducting a study of how to support solar projects in Vietnam after this date Learn more.
30 March 2017
The United Arab Emirates government launched the USD 50 million UAE-Caribbean Renewable Energy Fund, which seeks to accelerate the deployment of generation assets in the Caribbean. Learn more.
15 December 2016
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible senior loans, to seed the Facility for Energy Inclusion, a pan-African renewable energy debt fund. The investment, which is expected to catalyze energy access for an estimated three million people, is rooted in the bank's New Deal on Energy for Africa and increasing global recognition of the importance of energy access in Africa. Learn more.
7 November 2016
International Finance Corporation Study: Paris Agreement Opens Up $24 Trillion in Investment Opportunity »
A new report from the International Finance Corporation shows that the historic Paris Agreement helped open up nearly USD 23 trillion in opportunities for climate-smart investments in emerging markets through 2030. Learn more.
23 February 2016
Apple has issued USD 1.5 billion in bonds to finance sustainable business projects including renewable energy, energy storage and energy efficiency, green building and resource conservation efforts. The bonds, rated as high quality and very low credit risk, are part of Apple’s overall package of USD 10–12 billion worth of new bonds. The bonds are estimated to return 2.85% over 7 years. Learn more.
7 December 2015
A new International Institute for Sustainable Development blog post discusses how the Solutions Center can help countries implement climate action post-Paris. Learn more.
15 November 2015
Call for Applications: IRENA, ADFD Open New Round of Funding for Renewable Energy in Developing Countries »
The International Renewable Energy Agency (IRENA) in collaboration with the Abu Dhabi Fund for Development (ADFD) is now welcoming applications for a fourth round of funding to support renewable energy projects in developing countries. The funding round of approximately USD 50 million is part of a USD 350 million (AED 1.285 billion) commitment by ADFD to provide concessional loans to projects endorsed by IRENA over seven funding cycles. Learn more.
13 October 2015
Today, at the first European Regional Bloomberg New Energy Finance (BNEF) Summit in London, Bloomberg Philanthropies, BNEF, and Climate Policy Initiative (CPI) launched the third funding cycle for the Finance for Resilience (FiRe) initiative, an innovative platform to identify, launch and scale up private sector financing mechanisms for climate-friendly projects worldwide. Learn more.