Global Futures Report points to transformation policies for renewable energy

Renewable Energy Policy Network for the 21st Century (REN21), in cooperation with the Institute for Sustainable Energy Policies (ISEP), recently released its annual "REN21 Global Futures Report (GFR)," which presents a range of expert perspectives on possible renewable energy futures. The report is based on interviews with more than 170 leading experts and 50 published energy scenarios. It … Continue reading Global Futures Report points to transformation policies for renewable energy →

Global atlas for renewable energy goes online

The world’s first open-access Global Atlas of renewable energy resources went live recently, announced at the annual general assembly of the International Renewable Energy Agency (IRENA). “The Global Atlas provides a powerful new tool in international efforts to double the world’s share of renewable energy by 2030” The Global Atlas is the largest ever initiative … Continue reading Global atlas for renewable energy goes online →

New EBRD financing to help Turkey establish a low carbon market economy

The European Bank for Reconstruction and Development is taking an active role in Turkey. The EBRD is continuing to help Turkey become an energy-efficient and low carbon market economy with a new financing package of €50 million provided to Finansbank for on-lending to private companies investing in renewable energy, industrial energy efficiency and waste-to-energy projects. … Continue reading New EBRD financing to help Turkey establish a low carbon market economy →

Website to watch

The OECD together with the IEA has a very useful site on fossil fuel subsidies and other support. This site brings together the OECD inventory of estimated budgetary support and tax expenditures relating to the production or use of fossil fuels in its member economies, and IEA data on consumption subsidies, primarily in developing and … Continue reading Website to watch →

EBRD adopts new Russia strategy for 2013-2015 that continues to give priority to energy efficiency

The European Bank for Reconstruction and Development (EBRD) has adopted a new strategy for Russia, setting priorities that will govern the Bank’s activities in its largest country of operation over the next three years. It shows below how energy efficiency remains a high priority. During its new strategy period of 2013-2015, the Bank will prioritise … Continue reading EBRD adopts new Russia strategy for 2013-2015 that continues to give priority to energy efficiency →

News from the IEA – Powering down to save energy need not be a turn-off

After success of its 1-watt initiative, IEA turns to “smart” appliances’ power consumption in network standby Less than a decade ago, televisions in homes around the world consumed significant electricity whether they were turned on or off. But in 1999 the IEA spearheaded the “1-watt” initiative that led to the average new television’s standby consumption … Continue reading News from the IEA – Powering down to save energy need not be a turn-off →

Turkish banks recognised for financing industrial energy efficiency and renewable energy projects

Finchannel.com from Tblisi, Georgia describes the recognition that Turkish banks have received from the EBRD for promoting energy efficiency. The EBRD has been active in getting its member countries to take an active role in energy efficiency and it appears to be paying off. EBRD celebrates excellence in financing energy efficiency in Turkey The European … Continue reading Turkish banks recognised for financing industrial energy efficiency and renewable energy projects →

Quote of the week

IEA’s Executive Director, Maria van der Hoeven, at Doha Climate Conference: “In the short term, the IEA strongly encourages all governments to enact policies that promote the rapid deployment of energy-efficiency technologies; this would reduce greenhouse gas emissions and buy time to secure a much-needed global climate agreement.”

EBRD funding for energy efficiency and renewables

Last week, EiD published a post on a loan from the European Bank for Reconstruction and Development (EBRD) to Russia to promote energy efficiency. It is useful to look at the extent of the EBRD’s activity in this area in recent years. Recently the EBRD announced that since 2006 they have invested €10 billion (over … Continue reading EBRD funding for energy efficiency and renewables →

First leasing loan under EBRD Russian energy efficiency programme

Recognising the role played by the leasing sector in funding the acquisition of energy efficient equipment, the EBRD has provided a 400 million rouble loan (€9.94 million) to promote energy savings by the small and medium sized business clients of a Russian leasing company. The four-year loan to Russia’s BOT Lease (Eurasia) LLC, an affiliate … Continue reading First leasing loan under EBRD Russian energy efficiency programme →