Latest update on Sustainable Energy Finance

The International Institute for Sustainable Development (IISD) provides the August update on global developments in sustainable energy finance. August 2014 Sustainable Energy Finance Update During the month of August, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank … Continue reading Latest update on Sustainable Energy Finance →

Support to renovate Ukraine’s buildings

The European Bank for Reconstruction and Development (EBRD) has been developing energy efficiency financing facilities in many of its countries of operation. Now Interfax Natural Gas Daily writes that the EBRD is considering a similar arrangement for Ukraine. EBRD working on Ukrainian energy efficiency funding package The European Bank for Reconstruction and Development (EBRD) … Continue reading Support to renovate Ukraine’s buildings →

Latest news on sustainable energy finance

The International Institute for Sustainable Development has published a very useful summary of the latest developments globally in sustainable energy finance. July 2014 Sustainable Energy Finance Update During the month of July, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the … Continue reading Latest news on sustainable energy finance →

New incentives in France for energy efficiency and renewables

As part of its energy transition, the French have announced a package of financial incentives, according to a report by Michel Rose writing for Reuters news service. France to earmark 10 bln euros of funding to promote renewable energy use France will mobilise about 10 billion euros ($13.41 billion) for a package of tax … Continue reading New incentives in France for energy efficiency and renewables →

A ‘light touch’ doesn’t always achieve the best results

John Vidal provides some disturbing news on how the World Bank’s current practices are actually seriously affecting the development it is supposed to promote. Leaked World Bank lending policies 'environmentally disastrous' New 'light touch' rules on bank's $50bn annual lending have been gutted to remove protections, watchdogs claim Radical plans by the World Bank … Continue reading A ‘light touch’ doesn’t always achieve the best results →

Financial support for green energy projects in Armenia

FinChannel.com from Armenia writes about new support for green energy projects for the country. EBRD and HSBC to support energy efficiency in Armenia HSBC clients in Armenia can now benefit from funding for green energy projects, according to EBRD. On 4 July 2014 an agreement was signed between the European Bank for Reconstruction and … Continue reading Financial support for green energy projects in Armenia →

Criticism in UK over cost of subsidising renewable energy projects

There is growing concerns in many countries about the costs of subsidising renewable energy. Well, there are also concerns about the costs for nuclear but the emphasis these days appears to be on renewable energy as shown in an article by Guy Chazan in the Financial Times. The criticism in this post is a national … Continue reading Criticism in UK over cost of subsidising renewable energy projects →

UK’s Green Investment Bank wants greater manoeuvrability

The Green Investment Bank created in 2012, has been getting headlines for its investments in offshore wind projects together with others for energy efficiency. Only this week, it announced plans to launch a £1 billion offshore wind fund as well as support for small businesses to invest in energy efficiency. These efforts are certainly welcome. … Continue reading UK’s Green Investment Bank wants greater manoeuvrability →

New funding to support fuel poverty in Scotland

Scotland has announced more funding for an energy efficiency retrofit scheme that will help address fuel poverty. ClickGreen provides the details. Scottish Government announces £60m energy efficiency programme The Scottish Government has announced a £60 million energy efficiency fund and confirmed plans to permanently take on responsibility for the ECO and Warm Homes Discount … Continue reading New funding to support fuel poverty in Scotland →

New inquiry into designing a sustainable financial system

The UN Environment Programme (UNEP) launched an 'Inquiry into the Design of a Sustainable Financial System: Policy Innovations for a Green Economy' to explore how the financial system might better meet the needs of, and mobilize capital for, a green economy in January 2014. The Inquiry Co-Directors, Nick Robins and Simon Zadek, presented the background, … Continue reading New inquiry into designing a sustainable financial system →