European Investment Bank provides draft climate action strategy for review

The European Investment Bank (EIB) is carrying out a review on its approach to supporting climate action. A related public consultation was open from 12th January 2015 to 16th March 2015. The consultation involved meetings with stakeholders. The review process is taking place in parallel to the on-going climate negotiations before the global climate summit … Continue reading European Investment Bank provides draft climate action strategy for review →

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the July update on global developments in climate finance. July 2015 Climate Finance Update During the month of July, the Asian Development Bank (ADB), the Inter-American Development Bank (IDB), the World Bank, the Adaptation Fund, the International Fund for Agricultural Development (IFAD) and the Nordic Environment … Continue reading Latest update on climate finance →

Latest update on sustainable energy finance

The International Institute for Sustainable Development (IISD) provides the July update on global developments in sustainable energy finance. July 2015 Sustainable Energy Finance Update During the month of July, the African Development Bank (AfDB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Global … Continue reading Latest update on sustainable energy finance →

Concerns about level of ambition of UK’s Green Investment Bank

Sustainable energy policies are taking a battering in Britain these days. Pilita Clark provides a good article in the Financial Times about the level of ambition of the Green Investment Bank. Green Investment Bank accused of behaving like commercial lender When the Conservatives decided to scrap a welter of green energy policies after winning … Continue reading Concerns about level of ambition of UK’s Green Investment Bank →

Irish see major cuts in support for energy efficiency

Marie O'Halloran writes in the Irish Times about grant funding to improve the energy performance of homes has been cut in the past three years from €57.6 million to €9.9 million in three years. Is Ireland still on track to meet its 2020 EU energy savings targets? Government policy home energy efficiency ‘short-sighted’ Less … Continue reading Irish see major cuts in support for energy efficiency →

Latest thoughts on the new development banks

Adrian Fenton, a post-graduate researcher at the Sustainability Research Institute of the University of Leeds, and a visiting researcher at the International Centre for Climate Change and Development (ICCCAD), has written an important blog on the website of the International Institute for Environment and Development (IIED) on the possible impact of the new development banks. … Continue reading Latest thoughts on the new development banks →

Latest update on sustainable energy finance

The International Institute for Sustainable Development (IISD) provides the June update on global developments in sustainable energy finance. June 2015 Sustainable Energy Finance Update During the month of June, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European … Continue reading Latest update on sustainable energy finance →

Energy savings has suddenly become a commodity

Vanessa Lu writes in the Toronto Star how one company, Efficiency Capital Corp., plans to finance $100 million in projects, reaping paybacks through energy savings. This is an important message to all potential investors. Energy retrofits become an investment vehicle Energy savings has suddenly become a commodity that investors believe is a hot … Continue reading Energy savings has suddenly become a commodity →

Significant increase in climate finance in 2014

The International Institute for Sustainable Development reports a welcome increase in multilateral funding for climate finance. Importantly, of the mitigation funding, 35% went to renewable energy, 27% to sustainable transport and 22% to energy efficiency. Multilateral Development Banks Report 19% Increase in Climate Finance Six multilateral development banks (MDBs) have launched the fourth edition … Continue reading Significant increase in climate finance in 2014 →

Latest update on climate finance

The International Institute for Sustainable Development (IISD) provides the May update on global developments in climate finance. May 2015 Climate Finance Update Climate finance-related news and announcements during May 2015 were published by the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Adaptation Fund, the UN Development Programme (UNDP), the Global Environment … Continue reading Latest update on climate finance →