The World Bank’s International Development Association’s RERED program has brought solar power to more than 300,000 homes and small businesses in rural Bangladesh. With the addition of another $172 million credit facility, the IDA and its RERED partners intend to bring that to over a million.
With climate change, food and energy security prominent and increasingly urgent concerns in East Africa, Kenya and the regional African Rift Geothermal Development Facility are working to accelerate development of the region’s vast geothermal energy resources, which are estimated to range between 7GW and 10GW in Kenya alone. Nineteen companies just submitted bids to Kenya’s Geothermal Development Co. to develop eight 100MW geothermal power plants in the country’s northwest. The government anticipates that geothermal power will supply 30% of the country’s 15,000MW in additional generation capacity over the next 20 years.
Climate watchers in Brazil and the world can celebrate today’s official launch of a Climate Policy Initiative (CPI) center in Brazil. CPI Rio will focus on effective green and low carbon development policies in Brazil.
Following up on my first cleantech and politics roundup yesterday, here are 20 more great or important stories from the past day or so. I’ve decided to also bold the stories I think are the most worth checking out.
The World Bank has been talking more and more about focusing its support on clean energy projects, and apparently it has been putting much more into clean energy lately. “The World Bank’s lending for renewable energy and energy efficiency projects increased by 300 percent between fiscal year 2007 and fiscal … [continued]
Biofuel crops need space to grow, and space is expensive… in rich countries. In poor, developing countries, not so much. The World Bank is the latest body to find that biofuel targets in rich, developed countries and emerging economies are resulting in what some refer to as “post-colonial land grabs” — … [continued]
The World Bank is supposedly changing its ways and putting more and more money into clean energy. This is what it keeps telling us. Though, some analyses would tell you otherwise and it just recently approved approximately $3 billion for what will be the 4th largest coal power plant in … [continued]
In an attempt to step up pressure on the developing countries to take up ambitious emissions reductions and forcing them to move to renewable energy sources for power generation, a high ranking US official has written to the World Bank recommending it to stop financing coal-fired plants in the developing … [continued]
This is only a shock to people who are foolish enough to believe that Shell had the core competencies to run a solar company.
Hey, my British car just broke down. Where are those bastards from Burberry to fix it?
