The UNFCCC’s Standing Committee on Finance presented its second Biennial Assessment of climate finance flows* to COP22 on Monday afternoon, November 7. The finance flows assessment found that in 2013/14, an average of $41 billion per year in public finance was reported flowing from developed to developing countries.
Originally published by the World Resources Institute by Joe Thwaites When it comes to renewable energy generation, the South American country of Uruguay is a huge success story. The developing nation went from having virtually no wind generation in 2007 to become a double world-record holder in less than a … [continued]
Renewable energy development in the Middle East and North Africa region continues to attract investment and financial support from global institutions. The European Bank for Reconstruction and Development (EBRD), and other financial institutions, have announced the launch of a funding framework for private sector renewable energy development in four countries … [continued]
Originally published on SolarLove.org. In a welcome bid to promote solar energy use in Egypt’s industrial sector, the UN Industrial Development Organization (UNIDO) has initiated a project to boost local solar manufacturing capacity in Egypt. Funded by the Global Environment Facility (GEF), the UN-backed project will support the local manufacturing … [continued]
The Cleantech Open has announced that it will expand into six countries: Armenia, India, Malaysia, Pakistan, South Africa, and Turkey. It intends to support innovation in energy efficiency, renewable energy, waste to energy, and water efficiency in those six nations. The Global Environment Facility (GEF), and the United Nations Industrial Development Organization … [continued]
