Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


"Listening to the Candidates Debate" Climate Change (Opinions, Editorials & Asides)
Climate Change
Date: 2020-03-04
"Invest in sustainable, resilient infrastructure to meet the energy demands of the 21st century. Set aggressive sector-specific standards to rapidly decarbonize across every sector of our economy. Encourage our farmers to adopt climate-friendly sustainable agriculture practices. Conserve our public lands and make them part of the climate solution. Craft international economic policies that encourage countries around the world to reduce emissions." -- Sen. Elizabeth Warren, U.S. senator from Massachusetts since 2013 and former law school professor specializing in bankruptcy law.

"Commit to reducing emissions throughout the world, including providing $200 billion to the Green Climate Fund, rejoining the Paris Agreement, and reasserting the United States' leadership in the global fight against climate change. Transform our energy system to 100 percent renewable energy and create 20 million jobs needed to solve the climate crisis." -- Sen. Bernie Sanders, 16 years as Vermont's congress member in the House of Representatives.

"Restore America's leadership in fighting the global climate crisis and propel the U.S. toward a 100 pct clean energy future while making environmental justice a national priority. Ensure 100 pct of new vehicles are pollution-free by 2035, 'green' our buildings and invest in projects to reduce and protect against climate impacts, including wildfires." -- Michael Bloomberg, NY business tycoon, philanthropist and three term mayor of New York City.

"We must turbocharge our efforts to address climate change and ensure that every American has access to clean drinking water, clean air, and an environment free from pollutants. Reduce greenhouse emissions and speed the transition to low-carbon shipping aviation and electric cars." -- Joe Biden, Former senator from Delaware and two-term Vice President under President Barak Obama.

The above talking points are sourced from each candidate's website. Each candidate's position is posted in no particular order of preference and no endorsement for any candidate is intended.

More Low-Carbon Energy News Climate Change,  


Pakistan Eyeing Climate Change, Reforestation Funding (Int'l.)
Pakistan
Date: 2020-02-26
Reporting from Islamabad, Malik Amin Aslam, the climate change adviser to the Prime Minister notes the Pakistan government is eyeing grant funding of more than $350 million to mitigate the impact of increasing greenhouse gas emissions and the possible devastation of global warming.

According to a release, Pakistan would use roughly $200 million from the Green Climate Fund to mitigate environmental degradation and combat climate change. An additional $188 million would be used to fund major projects including the upcoming Ecosystem Restoration Initiative that aims at implementing the "Ten Billion Tree Tsunami" tree planting programme. (Source: Various Media, The Nation, 24 Feb., 2020) Contact: Green Climate Fund, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  Carbon Emissions,  Climate Change,  Global Warming,  Pakistan Climate Change,  


Green Climate Fund Supports Caribbean Climate Readiness (Int'l.)
Caribbean Natural Resources Institute
Date: 2019-12-18
Efforts to enhance civil society's access and capacity to deliver climate finance and build resilience in the Caribbean have been bolstered by a $1.29 million grant from the Green Climate Fund (GCF).

The GCF grant will be implemented by the Caribbean Natural Resources Institute (CANARI) in collaboration with national designated authorities and leading civil society organizations in the Caribbean Community (CARICOM) Member States from 2020-2022. It aims to build the capacity of civil society organizations, including their knowledge, skills and organizational structures, to access climate finance and deliver climate change adaptation and mitigation projects. It also seeks to strengthen institutional mechanisms to enable civil society voice and participation in climate change decision-making nationally and regionally.

CARICOM members include Antigua and Barbuda, Belize, Grenada, Jamaica, Saint Kitts and Nevis, Saint Lucia and Suriname.

The GCF is a funding mechanism under the United Nations Framework Convention on Climate Change (UNFCCC) that supports climate change adaptation and mitigation in developing countries. The GCF's Readiness Support and Preparatory Grant Facility, which supports capacity building to enhance design and delivery of adaptation and mitigation projects, provided the $1.29 million grant. (Source: Caribbean Natural Resources Institute, St.Lucia News, 16 Dec., 2019) Contact: Green Climate Fund, +82.32.458.6059, info@greenclimate.fund, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  Climate Change,  Carbon Emissions,  


GCF Funds Climate Change Fight in Chile, Kyrgyzstan, Nepal (Int'l.)
Green Climate Fund
Date: 2019-11-15
In South Korea, the Green Climate Fund (GCF) is reporting approval of $161 million in funding for climate resilient projects in Chile, Kyrgyzstan and Nepal. The project, which are supported by the UN Food and Agriculture Organization (FAO), are aimed at building resilience and mitigating the effects of climate change.

FAO supports countries to enhance their planning and capacities for climate change-related investments under the GCF Readiness and Preparatory Support Programme.

In Chile, GCF has approved a new $63 million REDD+ Results Based Payment Funding Proposal to restore and conserve about 25,000 hectares of native forest. The project is expected to reduce greenhouse gas emissions by 1.1 million tons of CO2, while promoting afforestation in more than 7,000 hectares and the sustainable management and conservation of over 17,000 hectares of forest.

Land-locked Kyrgyzstan will benefit from a $30 million GCF grant supplemented by another $20 million for a project aimed at increasing carbon sequestration through forest and pasture rehabilitation.

In Nepal, GCF allocated nearly $40 million in grant funding to address forest degradation, flooding and soil erosion in the Churia hills region. The Nepal Ministry of Forests and Environment will contribute $8 million to the 7-year effort.

The GCF supports developing countries efforts to respond to the challenge of climate change, limit or reduce their greenhouse gas emissions, adapt to climate change, and promote low-emission and climate-resilient development. (Source: UN Food and Agriculture Organization, PR, 13 Nov., 2019) Contact: UN Food and Agriculture Organization, +39 06 570 53625, FAO-Newsroom@fao.org, www.fao.org/home/en; Green Climate Fund, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  Reforestation,  Carbon Sequestration,  Climate Change,  


African TDB, UNEP Tout Climate Finance Collaboration (Int'l Report)
UNEP,Eastern and Southern African Trade and Development Bank
Date: 2019-11-08
In Nairobi, the Eastern and Southern African Trade and Development Bank (TDB) is reporting a Memorandun of Understanding (MoU) with the UN Environment Programme (UNEP) establishing a framework for the joint commitment to addressing climate change adaptation and mitigation, clean energy and other environmental issues and agendas.

The two institutions will cooperate on supporting eligible TDB Member States to access Green Climate Fund resources to enable them to adapt to the changing climate and develop along a low-emission pathway.

The African TDB is a multilateral, treaty-based development financial institution, with assets of $6 billion and the mandate to finance and foster trade, regional economic integration and sustainable development through trade finance, project and infrastructure finance, asset management and advisory services. The Bank supports sustainable development, including the reduction of climate risks and expansion of clean energy -- in line with the 2015 Paris Climate Agreement. (Source: Eastern and Southern African Trade and Development Bank, UN Environment Program, PR, 5 Nov., 2019) Contact: Eastern and Southern African Trade and Development Bank, Michael Awori, COO, www.tdbgroup.org; UNEP, www.unenvironment.org

More Low-Carbon Energy News UNEP,  Climate Finance,  Carbon Emissions,  Climate Change,  


EBRD Confirms Kazakhstan Renewables Support (Int'l Report)
European Bank for Reconstruction and Development
Date: 2019-09-16
The London, UK-headquartered European Bank for Reconstruction and Development (EBRD) reports it has committed to support Kazakhstan's drive to promote renewable energy, with the help of a second phase of the Bank's Kazakhstan Renewables Framework of up to €300 million.

The first phase supported the creation of 262 MW of renewable power-generation capacity across the country, attracted four private international investors and supported a grid-strengthening project.

In addition to the EBRD funding, the Framework will be supported by concessional finance from the Green Climate Fund and benefit from a comprehensive technical cooperation programme, which will support competitive tendering for wind projects and the development of a carbon market in Kazakhstan. Kazakhstan's renewable energy target aims for 3 pct of power generation by 2020 and 50 pct by 2050.

To date, the EBRD has invested over €8.3 billion ($9.1 billion) through 262 projects in the economy of Kazakhstan. Over €2 billion of this funding has supported Green Economy Transition projects. The Bank is the largest international investor in the country's economy outside of the oil and gas sectors and has a wide presence in Kazakhstan. (Source: EBRD, kazinform, 15 Sept., 2019)Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com

More Low-Carbon Energy News EBRD,  Renewable Energy,  


UK Commits £1.44Bn to Climate Change Fight (Int'l. Report)
G7
Date: 2019-08-30
At the conclusion of the Biarritz G7 Summit, the Uk announced it would increase its contribution to cutting carbon emissions in the developing world to £1.44 billion over the next foru years. The UK's previous contribution of £720 million between 2014 and 2019 came from the UK's Green Climate Fund (GCF). The GCF supports projects to protect and preserve natural habitats in the developing world, including in the Amazon where fires continue to rage.

The newly announced £1.44 billion funding, which will come from the UK aid budget and the Department for Business, Energy and Industrial Strategy (BEIS), will be earmarked for tackling climate change, including wildfires.

During the Summit meeting, the G7 agreed to support a medium-term reforestation plan which will be unveiled at the UN in September. (Source: G7 Release, Various Media, Daily Mail, 27 Aug., 2019)

More Low-Carbon Energy News G7,  Climate Change,  Carbon Emission ,  


UK Investing £1.4Bn in Global GHG Emissions Fight (Int'l)
Green Climate Fund
Date: 2019-08-28
The Environmental Journals is reporting the UK will spend £1.44 billion over the next four years to help developing countries reduce their greenhouse gas emissions. The UK contributed £724 million between 2014 and 2019.

Over 40 countries are currently funding similar projects through the Green Climate Fund (GCF) which has provided a total of $5.2 billion and mobilized over $13.5 billion of private sector and other co-investment for projects to reduce emissions and protect and preserve natural habitats in the developing world. GCF projects are expected to remove the equivalent of 1.5 billion tonnes of carbon dioxide out of the atmosphere. (Source: Environmental Journal, Thomas Barrett, 27 Aug., 2019) Contact: Green Climate Fund, +82 32 458 6059, info@gcfund.org, www.greenclimate.fund

More Low-Carbon Energy News GHG,  Green Climate Fund,  Carbon Emissions,  Climate Change,  


Iran, FAO Workshop Focuses on Climate Change Action (Int'l)
Climate Change
Date: 2019-08-07
In Tehran, the Iranian government and the UN Food and Agricultural Organization are reporting the conclusion of a joint workshop to help strengthen the country's national capacity to access Green Climate Fund for climate change adaptation and mitigation actions.

Participating experts and relevant stakeholders discussed and defined necessary strategic investment criteria for prioritizing climate investments and a strategy to ensure a collective view of climate change adaptation and mitigation efforts success.

In their meetings, the FAO emphasized the importance of climate-smart agriculture, sustainable forest and other natural resources management, and collaboration with national and international partners to successfully mitigate climate change threats. (Source: Department of Environment of the Islamic Republic of Iran, PR, Tasnim, 6 Aug., 2019) Contact: UN Food & Agriculture Organization, www.fao.org/home/en; Department of Environment of the Islamic Republic of Iran, https://en.wikipedia.org/wiki/Department_of_Environment_(Iran)

More Low-Carbon Energy News Climate Change Mitigation,  Climate Change Adaptation,  


$84.9Mn Green Climate Funding Announced (Int'l. Report)
Green Climate Fund,UNDP
Date: 2019-07-08
Meeting in Songdo, Korea, the Green Climate Fund (GCF) reports its commitment of more than $84.9 million towards United Nations Development Programme (UNDP) supported climate change adaptation and mitigation efforts in Bhutan, Timor-Leste, the Marshall Islands and Ecuador.

According to the GCF release, Ecuador the second country to receive financial resources from the GCF for having successfully reduced its deforestation and corresponding greenhouse gas emissions. The funding is expected to help in reducing emissions by 20 pct from the forest and land-use sector by 2025.

Bhutan, the Republic of Marshall Islands (RMI) and Timor-Leste -- among the Asia-Pacific region's most vulnerable countries to climate change -- received grants for climate adaptation initiatives. In Bhutan, with GCF funding over 118,000 people are expected to benefit from more sustainable land and water management, more climate-resilient agriculture and reliable climate-resilient irrigation schemes. In Timor-Leste, GCF funds will be used to "climate-proof" key rural infrastructure and improve policies and planning for a national response to the impacts of climate change.

With the approval of the four new projects, UNDP has supported a total of 23 countries to access more than $785.7 million in GCF finance for full-sized climate change projects.

The GCF supports developing countries efforts to respond to the challenge of climate change, limit or reduce their greenhouse gas emissions, adapt to climate change, and promote low-emission and climate-resilient development. (Source: UN Development Programme, PR, July, 2019) Contact: UNDP, Pradeep Kurukulasuriya, Executive Coordinator and Director, Global Environmental Finance, www.undp.org; Green Climate Fund, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  UNDP,  Climate Change,  Climate Change Mitigation,  CO2,  Climate Change Adaptation,  


$134Mn Niger Climate Change Adaptation Funding Announced (Int'l)
Niger Basin Authority,African Developement Bank
Date: 2018-11-09
The African Development Bank (ADB) reports approval of $76 million financial package for the integrated development and climate change adaptation in the Niger Basin. The Green Climate Fund, the European Union, the Global Environment Fund, the Forest Investment Fund and the various governments will also participate bringing the total to $134 million.

The funded activities include recovery of 140,000 ha of degraded land; construction of 209 water conveyance infrastructure for agro-pastoral systems and fish farming; leveraging on the livestock and aquaculture compacts of the Technologies for African Agriculture Transformation (TAAT). The program will also touch on implementing 450 agricultural value chain development sub-projects; building climate change adaptation capacity for 1,000,000 households and operationalize a financing mechanism for natural resource management.

The Niger Basin Authority member states include: Benin, Burkina Faso, Cameroun, Cote d'Ivoire, Guinea, Mali, Niger, Nigeria and Chad. (Source: ADB, All Africa, 7 Nov., 2018) Contact: ADB, www.afdb.org/en

More Low-Carbon Energy News Climate Change,  African Developement Bank,  Climate Change Adaptation,  


Green Climate Fund Earmarks $1Bn for Poor Nation Projects (Int'l)
UN Green Climate Fund
Date: 2018-10-24
During a recently concluded four-day meeting in Bahrain, the South Korean-based UN Green Climate Fund announced approval of more than $1 billion funding for 19 new projects to help developing countries tackle climate change. The funding included projects linked to geothermal energy in Indonesia, greener cities in Europe and the Middle East, and protection for coastal communities in India. The Fund also agreed to start seeking fresh money next year as its initial capital of about $6.6 billion is expected to be exhausted soon.

Download UN Green Climate Fund details HERE. (Source: UN Green Climate Fund, Hindu Business Line, Oct., 2018) Contact: UN Green Climate Fund, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  Climate Change,  Carbon Emissions,  


IDB Supports El Salvador Energy Efficiency Effort (Int'l Funding)
Inter-American Development Bank
Date: 2018-07-30
In San Salvador, the El Salvadoran government reports it will expand the availability of financing for energy efficiency projects to Small and Medium Enterprises (SMEs) with a $20 million loan from the Inter-American Development Bank (IDB). Funds for the loan come from the Green Climate Fund (GCF) and will be executed by Banco de Desarrollo de El Salvador (BANDESAL).

The program, which is reportedly the first line of credit exclusively dedicated to promoting energy efficiency investments, could support 494 SMEs. El Salvador is promoting energy efficiency and supporting renewable energy as a way of implementing a low-carbon economy, reducing the country's dependence on oil derivatives and lowering its greenhouse gas emissions. The IDB financing is for a 20-year term, with a 5.5-year grace period and a 0.75 fixed interest rate. (Source: IDB, PR, 26 July, 2018) Contact: IDB, Juan Pablo Bonilla, Climate Change and Sustainability Sector Manager, Therese Turner-Jones, GM Caribbean Country Department, www.iadb.org

More Low-Carbon Energy News Inter-American Development Bank ,  Energy Efficiency,  


Zambia Seeks Climate Change Mitigation Funding (Int'l Report)
Zambia
Date: 2018-07-05
In Lusaka, the Zambian Ministry of National Development Planning reports it intends to raise $400 million over the next three years to combat the effects of climate change in the country. The funds will be used to adopt and implement mitigation intervention strategies, proposals and projects to address the increasing frequency and intensity of climate induced hazards in the country.

To that end, the government has provided incentives to the private sector to establish renewable energy facilities, and has accessed more than $84 million in grants from the Green Climate Fund (GCF) to finance renewable energy and agricultural projects. According to the Ministry, people in flood prone areas need to start growing crops such as rice that do well in flooded areas while people in drought stricken areas need to start growing drought resistant crops such as sorghum. (Source: Lusaka Times, July, 2018)

More Low-Carbon Energy News Climate Change,  Climate Change Mitigation,  


FDB Offers Fijian Renewable Energy Funding (Int'l)
Fiji Development Bank,
Date: 2018-03-26
Fiji's only financial development institution, the Fiji Development Bank , is promoting its Sustainable Energy Financing Facility aimed at scaling up renewable energy investments in the 2,000 +- square kilometer Pacific Island nation of 900,000 residents.

Financing is available for hydro, solar, coconut oil biofuel, energy efficiency equipment, wind, biomass, biogas, wave, tidal, and feasible geothermal systems. This facility also accommodates working capital for the purpose of providing consultancy, design, supply, installation and maintenance or repair services to encourage sustainable investments that address the impacts of climate change.

FDB is accredited as a National Direct Access Entity with the Green Climate Fund. (Source: Fiji Development Bank, Fiji Times, 24 Mar., 2018) Contact: Fiji Development Bank, www.fdb.com.fj

More Low-Carbon Energy News Renewable Energy Funding,  Renewable Energy,  


Green Climate Fund Supports Zamibian Climate Efforts (Int'l)
Green Climate Fund
Date: 2018-03-05
The South Korean-based Green Climate Fund (GCF) reports it has approved $84.5 million to support two Zambian projects in the energy and agriculture sectors, state media reported. Of the total, $52.2 million will go to the Zambia Renewable Energy Financing Framework supported by the African Development Bank (AfDB) while $32.3 million will be earmarked for an agriculture development project. The share reserved for agriculture will strengthen the capacity of farmers to plan for climate risks that threaten to derail development gains, promote climate resilient agricultural production and diversification practices to improve food security and income generation, improve access to markets, and foster the commercialization of climate-resilient agricultural commodities, and mitigate the effects of climate change on the energy sector.

The GCF, part of the UNFCCC, assists developing countries in adaptation and mitigation practices to counter climate change. The GCF program in Zambia is managed by the National Designated Authority. (Source: Green Climate Fund, PR, Media Africa, 1 Mar., 2018) Contact: Green Climate Fund, +82.32.458.6000, www.greenclimate.fund; UNFCCC, www.unfccc.int

More Low-Carbon Energy News Green Climate Fund,  Climate Change,  Carbon Emissions,  


GCF, EBRD Launch $1.4Bn Climate Finance Programme (Int'l. Funding)
European Bank for Reconstruction and Development, Green Climate Fund
Date: 2017-11-17
The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are reporting the launch of the Sustainable Energy Financing Facilities programme to support climate investments in Africa, the Asia Pacific and Eastern Europe.

GCF will contribute $378 million to the programme while the EBRD will provide a loan of $973 million along with a $34-million grant. GCF and EBRD will rely on local financial institutions to finance more than 20,000 scalable and replicable projects across industrial, commercial, residential, transport and agricultural sectors. The goal is to establish self-sustaining markets in the areas of energy efficiency, renewable energy and climate resilience. (Source: EBRD, Renewables Now, Others, Nov., 2017) Contact: European Bank for Reconstruction and Development, +44 (0) 207 338 6000, www.ebrd.com; Green Climate Fund, +82.32.458.6010, www.greenclimate.fund

More Low-Carbon Energy News European Bank for Reconstruction and Development ,  Green Climate Fund,  


Green Climate Fund Supporting Egyptian Renewables (Int'l Funding)
Green Climate Fund,EBRD
Date: 2017-08-23
The UN's flagship climate finance Green Climate Fund (GCF) reports it will begin its $150 million loan and $4.7 million grant contribution to a $1 billion renewable energy drive in Egypt next month. The London, UK-headquartered European Bank for Reconstruction and Development (EBRD) will implement the project as well as contribute $2.3 million in grant funding and $350 million of loans. Other international development banks and private sector players are expected to match that investment.

The money, which will support the Egyptian target of generating 20 pct of electricity from renewable sources by 2022, will fund technical assistance with policy and planning and encourage investors to enter the clean energy market.

The GCF, part of the UNFCCC, was established to assist developing countries in adaptation and mitigation practices to counter climate change. (Source: Green Climate Fund, Climate Home, 21 Aug., 2017) Contact: Green Climate Fund, +82.32.458.6010, www.greenclimate.fund EBRD, +44 (0) 207 338 6000, www.ebrd.com; UNFCCC, wwwunfccc.int

More Low-Carbon Energy News UNFCCC,  EBRD,  Green Climate Fund,  Renewable Energy,  


UN Green Climate Fund Private Banks Accreditation Criticized (Int'l Report)
Green Climate Fund
Date: 2017-07-12
Climate Home reports that the Green Climate Fund's (GCF) recent decision to accredit more private banks and an increasing number of multinational banks, all of which are "profit driven", as conduits for UN climate funds will be to the disadvantage of poor countries and that money will not reach certain projects.

. Accredited institutions help the GCF deploy funds to developing countries by assisting national institutions develop proposals and receiving funds from the GCF on their behalf. As of March, 2016, the GCF had accredited 22 entities including Deutsche Bank, HSBC and Credit Agricole and Bank of Tokyo Mitsubishi (BTMU).

In terms of its mandate, the GCF aims for a 50-50 funding balance between adaptation and mitigation. (Source: Green Climate Fund, Climate Homes, 10 July, 2017) Contact: UN Green Climate Fund, +82 32 458 6059, info@gcfund.org, www.greenclimate.fund

More Low-Carbon Energy News Green Climate Fund,  

Showing 1 to 19 of 19.