The European Bank for Reconstruction and Development (EBRD) announced on May 18th that it is stepping up investments to improve energy efficiency and address climate change via new investment in projects worth up to €25 billion over the next three years, under the new phase of the Bank’s Sustainable Energy Initiative (SEI). Building on the … Continue reading EBRD announces new energy efficiency phase of its Sustainable Energy Initiative
Tag: financing
Balancing the promotion of sustainable energy with government revenue
While this article by Gwyn Topham from the Guardian is on the UK, it is an important issue for all countries. Governments are caught between promoting sustainable energy and taxes they gain from “conventional” practices. Green cars will lead to fall in motoring revenue for Treasury, says study The drive to promote greener, more … Continue reading Balancing the promotion of sustainable energy with government revenue
New study on the macroeconomic benefits of energy efficiency
The report, ‘The Macroeconomic Benefits of Energy efficiency: The case for public action’ by E3G, an independent not-for-profit organisation in the UK, argues the current UK and wider European focus on austerity combined with structural reforms will not be enough to drive economic recovery in the short term. A second round of stimulus packages looks … Continue reading New study on the macroeconomic benefits of energy efficiency
Follow up on Russian energy conservation policies
Following the EID post of April 16th, there has recently been an important all-Russia conference on energy conservation. The following is from the Russian Business News. Particularly note the comment on financing energy conservation by the first vice president of Gazprombank that the government is only prepared to allocate 7 % of needed funds with … Continue reading Follow up on Russian energy conservation policies
Clean energy investment reaches $263 billion in 2011
Global clean energy finance and investment (i.e. for renewables) grew to $263 billion in 2011, a 6.5% increase over the previous year, according to new research released by The Pew Charitable Trusts. Among G-20) nations, the United States reclaimed the top spot from China, which led the global clean energy race since 2009. Germany, Italy, … Continue reading Clean energy investment reaches $263 billion in 2011
Question of the week
Reuter’s news agency reports that of Romania’s 19 million population, less than five million are workers paying taxes, with most of the rest pensioners, children, subsistence farmers or people working illegally. Costs for the more than five million pensioners amounted to 9% of GDP in 2010. Also, Romania, the EU’s second-poorest member with an average … Continue reading Question of the week
Hannover Fair to host roundtable on financing energy efficiency in industry
Energy Efficiency in Industrial Processes (EEIP), a Brussels-based independent not-for-profit platform for business and policy in Europe, is organising a roundtable to discuss financing issues related to investing in energy efficiency in the industrial sector on April 24th at the world famous Hannover Messe, which is billed as the world’s most important technology event. The … Continue reading Hannover Fair to host roundtable on financing energy efficiency in industry
Housing project becomes a beacon
This is a very good article from the New York Times about a housing project about a 15 minute walk from the EiD office. The results on energy performance are good and can probably even be better. But they show that important upgrades can be made to public housing. Hopefully this "beacon" will inspire changes … Continue reading Housing project becomes a beacon
Financing energy efficiency in buildings – the American way
Financing energy efficiency in buildings is a challenge to policy makers, to consumers and to the energy efficiency industries (services and products). Two innovative approaches have recently been discussed in the US. SolarCity SolarCity, a national provider of clean energy services, on March 27th unveiled a Home Energy Loan for energy efficiency upgrades that will … Continue reading Financing energy efficiency in buildings – the American way
Public consultation on financial support for energy efficiency in buildings
A two-month public consultation on "Financial Support for Energy Efficiency in Buildings" has been launched by the Directorate General for Energy. The consultation period expires on May 18th. The objective is to obtain the views of the wide range of stakeholders throughout Europe on ways to improve the financial support for energy efficiency measures that … Continue reading Public consultation on financial support for energy efficiency in buildings
Energy in Demand - Sustainable Energy - Rod Janssen 