FOCUS Information Agency in Bulgaria writes about an interview that Terry McCallion, Director for Energy Efficiency and Climate Change, at the EBRD gave on the success from the financing facility that was established in the country. Bulgaria’s success in energy efficiency lending is a model for other countries In an interview for Utilities monthly, … Continue reading Setting a model for other countries to follow
Category: financial instruments
EIB support for renewable energy in France
The European Investment Bank is turning into one of the largest financiers for sustainable energy. In 2013, alone, the EIB invested €19bn on climate change projects. The New Energy World Network reports on the latest loans for renewable energy projects in France. EIB to make €750m in loans for French renewable energy The European … Continue reading EIB support for renewable energy in France
Efforts underway in EU to increase lending to SMEs
Analysts and policymakers are struggling to find a way to improve the long-term financing of small and medium-sized enterprises. This goes beyond energy efficiency and the problem is simply crippling many companies. James Fontanella-Khan reports in the Financial Times that are hopefully on the way within the EU to bring these reforms forward. Brussels … Continue reading Efforts underway in EU to increase lending to SMEs
New EIB support for energy efficiency in SMEs for newest EU member
New Energy World Network reports that the European Investment Bank is providing two loans to finance energy efficiency measures in industry. These are for both small and medium-sized enterprises as well as larger companies with “middle capitalisation.” EIB issues €400m in loans for energy efficiency projects in Croatia The European Investment Bank (EIB) has … Continue reading New EIB support for energy efficiency in SMEs for newest EU member
Guaranteeing energy savings in Canada
According to BusinessWire, Canada has now its first warranty programme that removes the concerns about the initial costs for the building owner. This is an important innovation and it would be good to know of other such schemes in Europe or beyond. Energi Develops First Canadian Energy Savings Warranty Energi, a leading provider of … Continue reading Guaranteeing energy savings in Canada
Update on renewable energy support in Romania
Romania-Insider.com writes about the issuing of green certificates in 2013 in Romania. This has to be seen in the context of the government cutting incentives in 2013. Romanian electricity distributor Transelectrica issues 10 mln green certificates for renewable energy producers in 2013 Romanian state – owned electricity distribution company Transelectrica issued 10.1 million green … Continue reading Update on renewable energy support in Romania
Reflecting on how to finance renewable energy development
Fierce Energy provided an excellent article by Lucas Porter, Patrick Hurley and Dan Bradley of Navigant about how to make renewable energy projects more viable. This is a concern that confronts all projects regardless where they are. Hopefully you will find this useful in your related activities. Renewable energy financing One of the most prominent … Continue reading Reflecting on how to finance renewable energy development
New UN report shows value of improving the energy efficiency of buildings
The United Nations Environment Programme (UNEP) has been actively seeking how to finance measures to address climate change and other related concerns. It created a finance initiative that is a global partnership between UNEP and the financial sector. It has just published an important report on the importance of investing in energy efficient measures in … Continue reading New UN report shows value of improving the energy efficiency of buildings
Providing incentives to employees who reduce their carbon footprint
Jennifer Paterson writes in employeebenefits.com about the programme that Swiss Re, one of the world’s leading reinsurance companies, has to promote energy efficiency amongst its staff. EiD thinks a lot of other companies should be paying attention to this. Swiss Re extends incentives for energy efficiency Swiss Re has extended its financial support for employees … Continue reading Providing incentives to employees who reduce their carbon footprint
More gloom in retrofitting houses in Britain
Several EiD posts in the past few months have reported on the difficulties in getting the new energy efficiency financing schemes in the UK – the Green Deal and the Energy Company Obligation – to achieve their expected impact. Damian Carrington writes in the Guardian about, as Andrew Warren of the Association for the Conservation … Continue reading More gloom in retrofitting houses in Britain
