Clean Energy Policy News
4 October 2016
The Asian Development Bank (ADB) is set to grant $500 million in financing to India’s Punjab National Bank to help fund the development of rooftop solar systems. The funding, which is expected to help the Indian government to expand renewable energy access, comprises $330 million from ABD while the remaining $170 million will be from the ADB-administered multi-donor Clean Technology Fund. The loan will be used by the Punjab National Bank to fund various developers and by end users to install rooftop solar systems throughout India. Learn more.
4 October 2016
Organizations that have an ISO 50001-certified energy management system may compete for prestigious awards from the Clean Energy Ministerial (CEM). Announced today, the 2017 CEM Energy Management Leadership Awards will raise global awareness of the benefits of energy management and accelerate uptake of these systems to support corporate, national and global climate goals. Learn more.
4 October 2016
The Clean Energy Ministerial has released a new report summarizing key outcomes from the four public–private roundtables held as part of the seventh Clean Energy Ministerial (CEM7) in San Francisco, California, United States, in June 2016. Public–Private Roundtables at the Seventh Clean Energy Ministerial captures the key messages and recommendations of the government, private-sector and other global leaders who participated in the discussions. Learn more.
3 October 2016
Energy and Climate Partnership of the Americas, Solutions Center Partner to Enable a Clean Energy Future »
The Solutions Center and the Energy and Climate Partnership of the Americas (ECPA) have partnered to provide resources and support to meet common goals. Together, the Solutions Center and ECPA will work to enable greater dialogue, collaboration and awareness on energy and climate topics. ECPA’s initiatives include energy efficiency, renewable energy, efficient use of fossil fuels, energy infrastructure, energy poverty, sustainable forests and land use and climate adaptation. Learn more.
28 September 2016
To address Sustainable Development Goal 7 (affordable and clean energy), the Clean Energy Ministerial’s 21st Century Power Partnership (21CPP) is driving momentum, building leadership and highlighting policies and good practices to transform global power systems across developed and developing countries. Since 2011, the 21CPP has brought major players from the public and private sector together at the Global Green Growth Forum (3GF) Summit to drive change. At this year’s 3GF Summit Partnership Session, speakers from the United States, China, European Union (Denmark), Ukraine, Mexico, and Chile provided global perspectives on the transformation to a more sustainable power system. Learn more.
27 September 2016
The Global Innovation Lab for Climate Finance, the Fire Awards and the India Innovation Lab for Green Finance are seeking powerful and actionable ideas to overcome barriers and accelerate investment for a low-carbon, climate-resilient economy. Learn more.
23 September 2016
Energy ministers from across the Association of Southeast Asian Nations (ASEAN) met today at the 34th ASEAN Ministers on Energy Meeting to accelerate efforts to boost renewable energy deployment in the region. ASEAN Member States are currently on track to source 17 per cent of their combined total primary energy supply from renewables by 2025. Learn more.
22 September 2016
The business case for solar photovoltaics (PV) in Africa is stronger than ever thanks to rapidly declining technology costs, according to a new report released today by the International Renewable Energy Agency (IRENA). Solar PV in Africa: Costs and Markets, estimates that installed costs for power generated by utility-scale solar PV projects in Africa have decreased as much as 61 per cent since 2012. Today, installed costs for these projects are as low as USD 1.30 per watt in Africa, compared to the global average of USD 1.80 per watt. Learn more.
20 September 2016
Green for Growth, an international fund for renewable energy and energy efficiency projects operating in Southeast Europe, European Eastern Neighborhood Region, and in the Middle East and North Africa, will start operations in the local market, according to Lachlan Cameron, Green for Growth’s Senior Officer in Energy Finance. The fund’s budget for the three regions has reached $370 million this year. The eligibility criteria for applying for financing from Green for Growth (GGF) are having a minimum 20 percent reduction in primary energy consumption. They also include a minimum of 20 percent reduction in carbon dioxide, and the promotion of renewable energy. The financing instruments are medium- to long-term senior loans, subordinated loans, letters of credit, guarantees, and mezzanine debt instruments. Learn more.
18 September 2016
The Inter-American Development Bank (IDB) has granted $103.4 million financing to Nicaragua to enhance its geothermal energy generation capacity while improving power transmission system. IDB will fund $51.4 million for the development of the geothermal energy in the country while am additional $25 million will come from the Korea Infrastructure Development Co-financing Facility in Latin America and the Caribbean, which is managed by IDB. Learn more.