As telegraphed by promises last fall and repeated as recently as yesterday by Yang Yanyi, Beijing’s ambassador to the EU, China has kept its word and submitted a United Nations climate INDC. This occurs as the UN high-level meeting in New York winds down and an EU–China summit opens in … [continued]
Jordan’s solar power program has received yet another boost as the World Bank has extended financial guarantees to four solar power projects in the country. The Multilateral Investment Guarantee Agency, part of the World Bank Group, has announced investment guarantees to cover for political and other risks to four solar PV … [continued]
A new campaign, Power for All, wants to bring electricity to hundreds of millions of people in areas where there currently is none.
The Sustainable Energy for All initiative held its second annual Forum in the UN General Assembly Hall last week. SE4All is a multi-stakeholder partnership of governments, businesses, civil society, banks, and other international institutions aiming to meet three interlinked goals by 2030: Ensuring universal access to modern energy services; Doubling … [continued]
As we’ve discussed before, the cities of the world are playing an important part in mitigating and adapting to climate change. The 10-year-old city-founded C40 Cities Climate Leadership Group now comprises over 75 of the world’s greatest cities. In this role it represents a quarter of the world’s economy and … [continued]
“Significant process” has been made towards achieving widespread energy access, increased energy efficiency, and a greater development of renewable energy, according to the International Energy Agency and the World Bank. The new report published by the International Energy Agency (IEA) and World Bank comes as part of the greater Sustainable Energy for … [continued]
Just two hours ago, California Governor Jerry Brown raised the bar for the rest of the US, Mexico, and yet-uncommitted Canada on limiting climate change. Brown issued an executive order to reduce California GHGs by 40% below 1990 levels by 2030. Over four terms as governor, Brown has occupied the forefront of … [continued]
To kick-start the financial arrangements for the nearly 100 GW planned capacity addition over the next 7 years, the Indian government is seeking $3 billion from international development banks. The government is said to be in talks with the Asian Development Bank, the World Bank, KfW, the Japan International Cooperation … [continued]
The China Three Gorges Corporation has official wrapped up construction work on its first wind farm in Pakistan, as part of vigorous efforts by the state-owned renewable energy giant to expand into the South Asian market. Total investment for the Three Gorges wind farm in Pakistan was $130 million, for the creation of total installed capacity of … [continued]
Electricity costs for both consumer and industrial customers have decreased by about 30% because of increased geothermal energy production.
