A new report has concluded that $1 trillion in investment is necessary across the next five years to build low-carbon cities in China. The new research report series, Green Finance for Low-Carbon Cities, is authored by the Paulson Institute, Energy Foundation China, and the Chinese Renewable Energy Industries Association, and was released … [continued]
Two issues that greatly concern the US power sector—grid capability and carbon reduction needs—have just gained attention with a $48 million Clean Energy Initiative from Bloomberg Philanthropies and the Heising-Simons family. The organizations announced the initiative on Wednesday. It will advance state-created clean energy solutions by funding a broad range of local, … [continued]
Former New York City Mayor Michael Bloomberg is sharing another donation in keeping with his urban infrastructure passion and expertise. His philanthropic organization is expected to announce it will spend $125 million during the next five years on programs to reduce traffic deaths and injuries in 10 cities in low- and … [continued]
Little Sun: A Light for Everyone from Little Sun. Bloomberg Philanthropies is assisting in bridging the gap on two African problems — clean affordable energy and reducing energy poverty — with their latest investment. They announced recently $5 million in low-interest loans to Little Sun, a social enterprise which will help … [continued]
