April 26th, 2019 | by Joshua S Hill
The World Bank Group announced on Monday that its Board had approved over $200 million in funding for off-grid electrification projects in West Africa and the Sahel region, designed around stand-alone solar systems.
March 8th, 2019 | by Joshua S Hill
The Global Wind Energy Council and the World Bank Group announced plans on Thursday to cooperate on efforts to develop new offshore wind in emerging markets
December 14th, 2018 | by Joshua S Hill
Countries attending the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), better known as COP24, have made several new climate finance commitments, increasing existing commitments to both the World Bank Group's Adaptation Fund and the Green Climate Fund.
December 11th, 2018 | by Joshua S Hill
The UK Government and the International Finance Corporation announced earlier this week that they were committing to mobilize $2 billion in public and private sector financing for certified green buildings in emerging markets in an effort to transform overseas construction markets.
December 5th, 2018 | by Joshua S Hill
Last week, the OECD, the UN Environmental Programme, and the World Bank Group, in advance of both the G20 leaders meeting and the COP24 UN Climate Change Conference, called for a radical shift of investment into low-carbon, climate-resilient infrastructure as a means towards limiting the impact of climate change
December 3rd, 2018 | by Joshua S Hill
The World Bank Group announced on Monday a new set of climate targets for 2021-25 and that it was doubling its current five-year investments to around $200 billion in support of countries taking ambitious climate action.
September 27th, 2018 | by Joshua S Hill
The World Bank Group announced at the One Planet Summit in New York on Wednesday a commitment of $1 billion for a new global program to accelerate the investment in battery storage for energy systems across developing and middle-income countries in an effort to further ramp-up the use of renewable energy
August 14th, 2018 | by Joshua S Hill
An impressive coalition made up of 26 Caribbean nations, more than 40 private sector giants, 8-time Olympic gold medal winner Usain Bolt, and global music superstar Sean Paul are combining to launch the $1 billion Caribbean Climate-Smart Accelerator intended to make the region the world's first climate-smart zone.
June 18th, 2018 | by Joshua S Hill
The world's six largest multilateral development banks committed $35.2 billion to climate financing for developing and emerging economies in 2017, a new record seven-year high and up 28% on 2016.
December 13th, 2017 | by Joshua S Hill
Caribbean leaders attending the One Planet Summit in Paris on Tuesday launched the Caribbean Climate-Smart Coalition, a new public-private coalition intended to "break through the systemic obstacles that stop finance flowing to climate-smart investments."
December 13th, 2017 | by Joshua S Hill
Canada and the World Bank Group announced on Tuesday at the One Planet Summit in Paris that they are teaming up in partnership to support effective climate action in developing countries and small island developing states and spurring the acceleration away from coal-fired electricity toward clean energy.
May 29th, 2017 | by Joshua S Hill
Leading economists have concluded that in an effort to meet the world's agreed-upon climate goals in the most cost-effective way possible while still fostering growth, countries must set a strong carbon price, with an aim to reach $40 to $80 per tonne of CO2 by 2020 and $50 to $100 per tonne by 2030.
February 1st, 2017 | by Joshua S Hill
A new report from the World Bank has concluded that energy storage capacity is set to increase dramatically in emerging markets in tandem with and enabling greater renewable energy development.
August 17th, 2016 | by Joshua S Hill
A total of $81 billion in climate financing was mobilised for projects being funded by the world’s six largest multilateral [&hellip
April 23rd, 2016 | by Glenn Meyers
Originally published on PlanetSave. World Bank’s new 30 GW climate action plan for renewable energy promises to have a timely [&hellip
April 8th, 2016 | by Joshua S Hill
The World Bank Group has announced this week that it intends to help developing countries add 30 GW of renewable energy [&hellip
March 7th, 2016 | by Glenn Meyers
According to a news release from Lighting Global, a new report finds off-grid energy solutions represent a $3 billion market opportunity for investors. [&hellip