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$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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NYSERDA Energy Efficiency Funding for College
NYSERDA Energy Efficiency Funding for College

Friday 1st February 2013

THE New York State Energy Research and Development Authority (NYSERDA) has been helping several state educational centers to improve their energy efficiency through their various funding programs. Yesterday NYSERDA announced that it has awarded D’Youville College in Buffalo $155,000 to support energy efficiency upgrades to its six-story, mixed-use academic facility. The ...

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A Good Green Deal for Businesses
A Good Green Deal for Businesses

Tuesday 29th January 2013

YESTERDAY the Green Deal was launched in the UK and it isn’t just for households as it also applies to businesses - enabling them to finance energy efficiency upgrades. All types and sizes of businesses can have an individual energy efficiency package and one that suits the needs of a particular ...

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Public Funding Vital to Fight Climate Change
Public Funding Vital to Fight Climate Change

Friday 25th January 2013

IF public sector spending on combating climate change increased by $36 billion annually it would release huge amounts of private capital for the same battle, according to a new report. The report launched this week at the World Economic Forum (WEF) in Davos – The Green Investment Report: The Ways and ...

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England's Health Service Has £50M for Energy Efficiency Projects
England's Health Service Has £50M for Energy Efficiency Projects

Thursday 24th January 2013

THE National Health Service (NHS) Trusts and Foundation Trusts in England are being prompted by central government to bid for a share of £50M to invest in energy efficiency projects. The capital funding is for investments during 2013-14, and will support new and innovative projects to improve energy efficiency, reduce carbon ...

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4000 Jobs and Millions Saved in State Energy Efficiency Program
4000 Jobs and Millions Saved in State Energy Efficiency Program

Wednesday 16th January 2013

MASSACHUSETTS State government officials announced yesterday an Accelerated Energy Program that will make energy efficiency upgrades across 700 state facilities. These facilities consist of 4,000 individual buildings all being subject to energy efficiency improvements, making it a huge task but with huge rewards for the state. The program estimates savings of ...

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Call for Greater Investment in Clean Energy
Call for Greater Investment in Clean Energy

Tuesday 15th January 2013

Yesterday, during the Abu Dhabi Sustainability Week (ADSW), energy and finance leaders met to discuss ways to encourage greater private sector investment in clean energy projects. The discussion included renewable energy and low-carbon, climate friendly projects and how they can be a tactic to mitigate climate change and diversify the global ...

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Bhopal's Old Government Buildings may Turn Green
Bhopal's Old Government Buildings may Turn Green

Monday 14th January 2013

THE Indian City of Bhopal's old governmental buildings maybe about to be revitalized along with upgrades to make them energy efficient. The UK's Department for International Development (DFID) has offered funding for the program, which the Madhya Pradesh Department of Urban Administration has accepted in principle, it just needs the State ...

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Poland Gets more EIB Sustainability Financing
Poland Gets more EIB Sustainability Financing

Friday 11th January 2013

THE European Investment Bank (EIB) is supplying €150 million ($197.5 million) to fund sustainable projects in Poland. The funds will be piped through Polish Bank PKO BP and will include financing for energy saving projects. The support from EIB will enable PKO BP to provide longer term financing, which is not always ...

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Large Energy Efficiency Loan Looms for Czech Republic
Large Energy Efficiency Loan Looms for Czech Republic

Wednesday 9th January 2013

ACCORDING to the European Investment Bank’s (EIB) website they are looking at providing an energy efficiency loan facility of €100 million ($131 million) for the Czech Republic. The loan will be to finance energy efficiency projects carried out by SMEs and mid-sized corporations, as well as projects of limited size undertaken ...

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Targeted Energy Efficiency Tax Incentives Work
Targeted Energy Efficiency Tax Incentives Work

Tuesday 8th January 2013

LAST month the American Council for an Energy Efficient Economy (ACEEE) highlighted to a U.S. Senate Finance Committee the importance of well targeted energy efficiency incentives. The hearing was analyzing the appropriate uses of federal tax code in promoting investments in energy efficiency. Steven Nadel, executive director of the ACEEE testified ...

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Kentucky get Energy Efficiency Funding from Settlement
Kentucky get Energy Efficiency Funding from Settlement

Thursday 27th December 2012

THE Governor of the U.S. State of Kentucky announced yesterday that 13 organizations will receive energy efficiency project funding, including educations and agricultural projects amongst others. The grant funding is available under the 2011 settlement agreement between the U.S. Environmental Protection Agency (EPA) and the Tennessee Valley Authority (TVA), after findings ...

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EBRD Energy Efficiency Funding Boost for Turkey's Businesses
EBRD Energy Efficiency Funding Boost for Turkey's Businesses

Monday 24th December 2012

THE European Bank for Reconstruction and Development (EBRD) is further aiding Turkey to improve its energy efficiency and create a low carbon economy through a finance package worth €50 million. The EBRD is providing the funding through the Finansbank for on-lending to private companies investing in industrial energy efficiency, renewable energy, ...

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Craft Brewery Benefits from Energy Efficiency Upgrades
Craft Brewery Benefits from Energy Efficiency Upgrades

Friday 21st December 2012

THE Two Roads Brewing Company in Stratford, U.S.have received the Connecticut Energy Efficiency Fund’s Energy Efficiency Leadership Award for their efforts in improving energy efficiency and environmental awareness. Two Roads, a craft brewery, benefited from the Energy Efficiency Fund’s program, Energy Conscious Blueprint. Via this program Two Roads upgraded their energy ...

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Energy Efficiency Funding for New Mexico
Energy Efficiency Funding for New Mexico

Tuesday 18th December 2012

THE New Mexico Bank & Trust and the BluePath Finance LLC have teamed up offering finance for energy efficiency technology upgrades for businesses, non-profits and the public sector. BluePath specialize in providing funding for the installation of energy efficiency technology, with a lot of the saving made through the technology covering ...

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London's Buildings Continue Energy Efficiency Upgrade
London's Buildings Continue Energy Efficiency Upgrade

Monday 17th December 2012

THE Mayor of London’s RE:FIT program is set to enter its second phase - with millions of pounds due to be spent upgrading around 400 public buildings in the UK’s capital. Law courts, libraries and schools will be amongst the facilities that will be retrofitted with energy efficiency technology, saving costs ...

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Businesses 'Sleep' While Resources Dwindle
Businesses 'Sleep' While Resources Dwindle

Friday 14th December 2012

MANY Companies remain unprepared for the effects of dwindling natural resources, according to new research from the Carbon Trust.  The study, amongst 475 senior executives in Brazil, China, Korea, UK and USA, shows that many are not prepared to look at the issue of resource shortages now and believe they will ...

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Guam's Red Cross Office Saves Through Energy Efficiency
Guam's Red Cross Office Saves Through Energy Efficiency

Thursday 13th December 2012

THE Pacific Island of Guam’s Energy Office yesterday inspected the energy efficiency measures taken by the American Red Cross in their offices in the island capital Haganta. The walk-through looked at the installed energy efficiency technologies, which have already seen the building enjoying energy and the resultant cost savings over the ...

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RBS Set Up £200M Energy Efficiency Fund
RBS Set Up £200M Energy Efficiency Fund

Tuesday 11th December 2012

THE UK’s Royal Bank of Scotland (RBS) has launched a Carbon Reduction Fund so businesses can access low cost loans to improve energy efficiency. The £200 million ( $320 million) fund can offer lower cost finance as it is backed by the UK government’s Funding and Lending scheme’s low lending rates. ...

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U.S. Bipartisan Effort to Improve Federal Building Energy Efficiency
U.S. Bipartisan Effort to Improve Federal Building Energy Efficiency

Thursday 6th December 2012

THE U.S. is slowly accepting man made global warming, as is exemplified by efforts of a Republican and a Democrat in working together on improving energy efficiency in federal buildings. Republican Cory Gardner and Democrat Peter Welch are forming a bipartisan caucus in the U.S. Congress in an effort to ensure ...

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UK Climate Change Funding for Developing Nations
UK Climate Change Funding for Developing Nations

Wednesday 5th December 2012

THE UK is to provide £150 million in sustainable financing to developing countries to enable them to better combat climate change. The announcement was made yesterday by UK Secretary of State for Energy and Climate Change Ed Davey when he arrived in Doha for the final week of the UN climate ...

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LED Lighting a Major Factor in Combatting Climate Change
LED Lighting a Major Factor in Combatting Climate Change

Tuesday 4th December 2012

ELECTRONICS giant Philips hailed the governments and businesses at COP18, the UN Climate Change Conference in Doha, to adopt energy efficient lighting to lower costs, improve competitiveness and reduce emissions. Eric Rondolat, CEO of Philips Lighting commented: “LED lighting is a technology innovation that enhances efficiency and brings substantial savings. These ...

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Michigan Push Energy Efficiency
Michigan Push Energy Efficiency

Friday 30th November 2012

STATE Governor of Michigan Rick Snyder in an address this week put energy efficiency at the center of the U.S. state’s energy policy. Snyder called for longer term, adjustable strategies to secure the State’s future energy needs and protect its natural environment. He stated in his address that energy efficiency is ...

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UK Proposal to Cut Energy Use
UK Proposal to Cut Energy Use

Thursday 29th November 2012

Proposals to dramatically reduce electricity demand across the whole UK economy will be published by the Government today. Cutting the amount of electricity used in Britain’s homes, businesses and industry can be much cheaper than paying firms to supply it; saving money through lower bills and reducing the need for new ...

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Australian Sawmill Investing in Energy Efficiency
Australian Sawmill Investing in Energy Efficiency

Wednesday 28th November 2012

AN Australian sawmill is aiming to reduce carbon emissions by almost 36 percent through investing millions in energy efficiency equipment and technology. The Bombala Times of New South Wales reports on local business Dongwha Timbers sawmill, which is benefitting from an AUS$8.2 million grant from the Australian Government’s Clean Technology Investment Program. The ...

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EBRD Energy Efficiency Funding in Belarus Businesses
EBRD Energy Efficiency Funding in Belarus Businesses

Tuesday 27th November 2012

THE European Bank of Reconstruction and Development (EBRD) are providing an initial $4 million of energy efficiency funding for Belarus’ industry and small to medium businesses. Industry and commerce in Belarus is energy intensive and the finance aims to help the country reduce energy consumption, and cutting carbon emissions. The initial loan ...

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