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Universal Energy Facility to Grant up to $10.4 Million For Renewables in the DRC, Madagascar and Sierra Leone
The funding will benefit an estimated 88,000 people in 29 communities in the three countries.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Addressing the Credibility Crisis in Carbon Credits: How New Technologies — And New Data — Are Building Trust in Carbon Markets
Are carbon credits a legitimate tool to fight climate change — or are they just greenwashing? Ben Jeffreys at ATEC Global argues that, despite recent research that has called its effectiveness into question, putting a price on carbon is actually one of our most promising ways to accelerate global decarbonization. But as he points out, that doesn’t mean the criticisms of carbon credits aren't valid: He explores the challenges that are impacting carbon credits' credibility, and proposes five recommendations for building a more robust and transparent carbon market.
- Categories
- Environment, Technology
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Leapfrog Plans $500 Million Investment in Asian, African Climate Transition Firms
LeapFrog said in a statement that the money would target investments to accelerate the transition to a low-carbon economy.
- Categories
- Environment, Investing
- Region
- Global
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Colombia to Decarbonise 290 Mega Watt Coal Plant to Solar-Plus-Storage
Colombia is looking to diversify its renewables portfolio, of which solar PV only represented 1%.
- Categories
- Energy, Environment
- Region
- Latin America
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Developing Nations Face $1.7 Trillion Clean Energy Investment Shortfall, UNCTAD Says
This funding gap is part of a total $4 trillion annual shortfall developing nations are facing in terms of sustainable development goals.
- Categories
- Energy, Technology
- Region
- Global
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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Press Release: IFC Invests in ENGIE’s Decarbonization Program in Chile
This financing will help the company transition to renewable power generation with the installation of Battery Energy Storage Systems (BESS).
- Categories
- Energy, Technology
- Region
- Latin America
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Senegal Secures $2.74 Billion Investment Plan From G8 Member Countries
Senegal's Just Energy Transition Partnership (JETP) agreement aims to achieve 40% renewable energy capacity by 2030, with a draft investment plan underway.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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