Blog from Silvia Zinetti: The Hera Group experience with green bonds: energy efficiency is the top financed category

Green Bonds have been around for a decade. The World Bank first issued them in 2008 for an equivalent amount of USD 10 million, but starting to take off in 2013 and growing since. In 2017 an equivalent amount of USD 157 billion were issued worldwide.[i] What types of project are mostly financed with Green … Continue reading Blog from Silvia Zinetti: The Hera Group experience with green bonds: energy efficiency is the top financed category

New report from European Environment Agency on the challenges for sustainable, low-carbon future

The European Environment Agency has recently published an important report on the low-carbon energy transition.   Achieving a sustainable, low-carbon future will be a huge challenge for European society Shifting to an environmentally sustainable society will bring huge challenges for Europe, involving fundamental changes in how it meets its demand for necessities such as food, … Continue reading New report from European Environment Agency on the challenges for sustainable, low-carbon future

Important developments in geothermal energy in Kenya

It is encouraging to see how the energy transition is taking place throughout the world. Amy Yee writes in The Independent about recent developments in Kenya to deploy geothermal energy. Kenya, the first African country to tap geothermal power, began its programmes in the late 1970s and early 1980s. But recent growth is quite dramatic. … Continue reading Important developments in geothermal energy in Kenya

Recent observations show that melting Arctic sea ice is affecting global circulation of the oceans

There is new evidence of the impact of melting Arctic ice on the circulation in our oceans. Chris Mooney explains in the Washington Post about the most recent analysis. The fast-melting Arctic is already messing with the ocean’s circulation, scientists say Scientists studying a remote and icy stretch of the North Atlantic have found new … Continue reading Recent observations show that melting Arctic sea ice is affecting global circulation of the oceans

Latest update on climate finance institutions

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the February update on global developments in climate finance institutions.   Climate Finance Institutional Update: Focus on Greener Shipping in Europe In February 2018 institutional climate finance news, the Green Climate Fund (GCF) approved a significant amount of project funding and elected … Continue reading Latest update on climate finance institutions

While carbon taxes have their appeal, there are easier ways to fund sustainable energy

Steve Cohen writes on the Earth Institute website of Columbia University that efforts should be on reducing the costs of renewable energy rather than increasing the costs of fossil fuels. He states that we “need to stop scolding people for "misbehavior" and start figuring out how to reduce the environmental impact of the things that … Continue reading While carbon taxes have their appeal, there are easier ways to fund sustainable energy

New OECD report on inventory of support measures for fossil fuels reveals extent of subsidies

If the energy transition is to be effective, support for fossil fuels will need to decrease but Jocelyn Timperley writes on the energymix website that such is not the case so far.   Fossil Fuel Subsidies Hit (At Least) $373 Billion in 2015, OECD Reports Countries burned through at least US$373 to $473 billion in … Continue reading New OECD report on inventory of support measures for fossil fuels reveals extent of subsidies

Latest update on climate adaptation finance

The SDG Knowledge Hub of the International Institute for Sustainable Development (IISD) provides the February update on global developments in climate adaptation finance. Climate Adaptation Finance Update: Disaster Risk Insurance Gains Momentum 6 March 2018: During the month of February, three major multilaterally-financed projects supporting smallholder climate resilience in India, Mozambique and Sudan were approved. … Continue reading Latest update on climate adaptation finance

Proposals for alternative mechanisms for funding emissions reduction schemes

Annabel Andrews writes on the newpower website about a new study in the UK that shows that it would be more effective to pay for energy policy through taxation. What are your views?   Paying for energy policy through taxation would reduce energy bills for 70% of households, says UKERC Some 70% of UK households … Continue reading Proposals for alternative mechanisms for funding emissions reduction schemes