Renewable developers need support – but the right support

Joseph Aldy, an associate professor of public policy at Harvard University's John F. Kennedy School of Government, wrote an important opinion article in the New York Times about the need for appropriate subsidies to ensure the deployment of renewable energy technologies. EiD is sure this applies to more than the United States.   Subsidies in … Continue reading Renewable developers need support – but the right support

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the April update on global developments in climate finance.   April 2016 Climate Finance Update: Key Meetings Mobilize Action, Adaptation Put under the Spotlight In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a … Continue reading Latest update on climate finance

Investor Confidence Project hosting new investor network

Several times, EiD has had posts on the EU-funded Investor Confidence Project (ICP). Clare Taylor writes on the Energy Collective website about a new investor network that is being hosted by the ICP. These are important steps forward to encourage more building renovations.   New Investor Network Aims to Close the Gap on Energy Efficiency … Continue reading Investor Confidence Project hosting new investor network

UNEP Inquiry Publishes New Report on Sustainable Finance in the EU

The United Nations Environment Programme (UNEP) Inquiry into the Design of a Sustainable Financial System initiative published a new report entitled Building a Sustainable Financial System in the European Union. Building a sustainable financial system in the European Union can support long-term economic and environmental goals, boost international competitiveness, and advance the EU’s strategic role … Continue reading UNEP Inquiry Publishes New Report on Sustainable Finance in the EU

The world is starting to take “green” finance seriously

While we don’t always have a precise definition, we seem to know when we don’t have green finance. However, the world is embracing green finance as never before and all expectations are that this will increase as we move towards a low carbon economy. Financial systems should play an important role in the green economic … Continue reading The world is starting to take “green” finance seriously

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the March update on global developments in climate finance.   March 2016 Climate Finance Update: Fund Boards Meet, Carbon Markets Under the Spotlight In the Paris Agreement, agreed upon by 195 UN Member States in December 2015, countries agreed to make “finance flows consistent with a pathway … Continue reading Latest update on climate finance

World Bank refocusing financing efforts towards the low carbon transition

International financial institutions play a key role in providing important financing to drive economic and social objectives. The funding decisions provide valuable signals to governments and other funders. Fiona Harvey writes in The Guardian about the refocus of the World Bank in its financing efforts towards tackling climate change.   World Bank to spend 28% … Continue reading World Bank refocusing financing efforts towards the low carbon transition

Companies should have to incorporate climate change risks in their financial reports

Megan Darby writes in The Guardian about a recommendation from a lead analyst that companies should be required to disclose their climate risk exposure to avoid major legal issues – and probably much more.   Bloomberg climate taskforce targets financial filings Climate risk information should form part of companies’ routine financial filings, a taskforce led … Continue reading Companies should have to incorporate climate change risks in their financial reports

Latest update on sustainable energy finance

The International Institute for Sustainable Development (IISD) provides the March update on global developments in sustainable energy finance.   Sustainable Energy Finance Update: Majority of 2015 Renewables Investment Went to Developing Countries When governments adopted the Sustainable Development Goals (SDGs) in September of last year, they agreed to a goal of ensuring access to affordable, … Continue reading Latest update on sustainable energy finance

China and India leading the way in investments in renewable energy

It is encouraging to see how the low carbon energy transition is evolving. In Europe, we were always worried that non-OECD countries would follow the same high carbon development path that we took. Well, the signs are encouraging that sustainable energy policies are making strong headway. Yes, there is probably too many fossil fuels being … Continue reading China and India leading the way in investments in renewable energy