A group of 15 leading international organizations, including six global development banks, announced on the sidelines of the COP24 UN climate change conference a joint commitment to make their operations climate neutral.
Renewable energy projects across the world received funding worth $6 billion in 2015 from multilateral banks, a recent report has revealed. The World Bank, The European Investment Bank (EIB), the Inter-American Development Bank (IDB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the European Bank for Reconstruction … [continued]
The International Renewable Energy Agency and the Inter-American Development Bank have committed $300,000 to help develop six renewable energy projects across Latin America and the Caribbean. Announced on Thursday, the International Renewable Energy Agency (IRENA) and the Inter-American Development Bank’s (IDB) Sustainable Energy Marketplace for Latin America and the Caribbean have announced they … [continued]
Over the weekend, thousands of the world’s finance ministers and central bankers from 188 countries of the world gathered in Lima, Peru, for the annual meetings of the World Bank and the International Monetary Fund. The two United Nations groups focus on long-term economic development and macroeconomic issues, respectively. While … [continued]
Global renewable energy projects developer Sky Solar announced a major development in its plans to expand solar power infrastructure in Uruguay. Sky Solar Holdings is working on 6 solar PV power plants in Uruguay. The company recently announced that it has secured debt finance worth $85 million for the construction of … [continued]
Uruguay’s renewable energy sector has received a major boost with two wind energy projects bagging substantial financial support. The Inter-American Development Bank (IDB) has announced substantial financial support in form of loans to two wind energy projects in Uruguay. The projects will have a generation capacity of 70 MW each. The … [continued]
As part of its plan to provide climate aid to the developing world, Japan has expanded the support it provides to the Caribbean countries.
Clean energy investments soared higher in Latin America in 2012 amid an overall, global contraction. Four Latin American countries registered triple-digit percentage increases, with Brazil leading the way in terms of dollars invested. The data was released by Bloomberg New Energy Finance in advance of ACORE’s third Latin America & Caribbean Renewable Energy Finance Forum, which is being held in Miami this week.
The Washington, DC-based non-profit has installed solar PV systems in 11 Haitian health clinics and one hospital, building on a partnership with the Government of Haiti and Inter-American Development Bank.
Can the coal industry ever become a partner to the renewable energy industry, searching for the higher good concerning this planet’s energy needs? With enough coal to last for over a century, is there even a need to worry about such matters – at least right now? Will King Coal eventually wither into an old maid bride’s maid?
