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European Spending on Energy Efficient Building Technologies to Rise to $112Bn

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Story Released 9:37pm 16/10 European Spending on Energy Efficient Building Technologies to Rise to $112Bn

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The EU's Big Energy Efficiency Opportunity
The EU's Big Energy Efficiency Opportunity

Monday 17th February 2014

AN excellent article in Ireland’s Independent newspaper by Philip Lee highlights the opportunity in the EU zone for businesses and others, due to the demand for improved energy efficiency. Lee refers to the EU pointing at energy efficiency as one of the major solutions to climate change, energy security, competitiveness and ...

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NY Green Bank
NY Green Bank

Thursday 13th February 2014

NEW York State Governor Andrew M. Cuomo, announced the start of business operations for the New York Green Bank, which will work to stimulate private sector financing and accelerate the transition to a more cost-effective, resilient and clean energy system. The largest green bank in the nation, the NY Green Bank ...

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Delhi Summit Calls for Action on Energy Efficiency
Delhi Summit Calls for Action on Energy Efficiency

Monday 10th February 2014

AT the 'Delhi Sustainable Development Summit' (DSDS) world leaders and government representatives urged the global community to take urgent steps to reverse the effects of climate-change by improving sustainability. The Summit discussed strategies and challenges through the presence and involvement of world leaders, Nobel Prize winners, ministers from several countries ...

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EPA Report Reveals Benefits of Sustainable Action
EPA Report Reveals Benefits of Sustainable Action

Friday 7th February 2014

THE U.S. Environmental Protection Agency (EPA) have released its annual Climate Protection Partnerships report, highlighting the steps taken by over 21,000 organizations to reduce greenhouse gases and achieve environmental and economic benefits. “The urgency to act on climate change is clear,” said EPA Administrator, Gina McCarthy. “Through investments in cleaner technologies ...

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EU Politicians Want Binding Energy Targets
EU Politicians Want Binding Energy Targets

Thursday 6th February 2014

EUROPEAN Union (EU) MEPs called yesterday for a 40% cut in CO2 emissions, a 30% target for renewable energy and a 40% target for energy efficiency by 2030, all as binding targets. The targets come under the EU's new long-term climate-change policy, with the MEPs criticising the European Commission's recent non-binding ...

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Report Highlights Need to Focus on Energy Efficiency and Renewables
Report Highlights Need to Focus on Energy Efficiency and Renewables

Wednesday 5th February 2014

ACCORDING to a new report, investment in energy efficiency and renewable energy measures will be critical in helping businesses cope with future energy price increases. The report, Lorien Energy Index (LEI), reveals that energy prices fell by 1% in the third quarter of 2013 but with an overall increase of 8% ...

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Energy Efficiency Funding for Ukraine's Businesses
Energy Efficiency Funding for Ukraine's Businesses

Tuesday 4th February 2014

THE European Bank for Reconstruction and Development (EBRD) extends its efforts to develop sustainable energy sources and to promote energy efficiency in Ukraine, with a new $100 million financing programme. The EBRD’s Sustainable Energy Financing Framework aims to inject new skills into the energy sector in Ukraine, backed by project financing ...

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Big Business Miss Energy Saving Opportunities
Big Business Miss Energy Saving Opportunities

Friday 31st January 2014

2degrees have released their Sustainable Business Trends Tracker report which highlights that some of the world’s biggest corporations are missing the chance to save energy and money. 2degrees, a leading community for sustainable business, revealed that businesses have missed opportunities to cut energy costs through failures to implement energy saving measures. ...

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Energy Efficiency Loan for UK SMEs
Energy Efficiency Loan for UK SMEs

Tuesday 28th January 2014

THE Royal Bank of Scotland is offering UK small businesses energy efficiency loans from a new fund along with advice to help firms cut their energy bills. The scheme, launched yesterday, is accessible to any small to medium size UK enterprise that completes an energy audit. The loan will cover upfront ...

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U.S. Mayors Plan to Improve City Energy Efficiency
U.S. Mayors Plan to Improve City Energy Efficiency

Friday 24th January 2014

DESPITE budget constraints, U.S. Mayors expect to significantly expand their investment in energy efficiency technologies over the next five years, according to a new survey of nearly 300 cities. The survey, titled 'Energy Efficiency and Technologies in America's Cities', highlights how cities are deploying new energy technologies to make their city ...

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European Commission Set New Climate and Energy Targets
European Commission Set New Climate and Energy Targets

Thursday 23rd January 2014

OVERNIGHT the European Commission announced the EU blocs latest climate and energy targets. The targets currently in place run through to 2020, these new goals will continue to 2030. A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at ...

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Building Energy Management Market to Grow
Building Energy Management Market to Grow

Tuesday 21st January 2014

REVENUES for the building energy management solutions market will grow by 19 percent over the next four years according to TechSci Research. TechSci Research, who provide research based consulting solutions, forecast in a report that a double-digit rise will take place due to a combination of progressive government policies and a ...

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Turkey Receive More Energy Efficiency Funding
Turkey Receive More Energy Efficiency Funding

Monday 20th January 2014

THE EBRD’s Turkish Sustainable Energy Financing Facility (TurSEFF) shows how, with the right mix of financing mechanisms, one can achieve substantial changes in energy use, emissions, and fuel mix. Turkey has become one of the key countries for the EBRD’s Sustainable Energy Initiative (SEI) in just a few years, a ...

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BP Predict Big Improvement in Energy Efficiency
BP Predict Big Improvement in Energy Efficiency

Friday 17th January 2014

GLOBAL energy demand continues growing, but it is slowing, mainly driven by emerging economies led by China and India according to the BP Energy Outlook 2035, which was published yesterday. The Outlook sets out BP’s view of the most likely developments in global energy markets, beyond 2030 to 2035, based on ...

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Richest Nations Need to do More to Cut CO2 Emissions
Richest Nations Need to do More to Cut CO2 Emissions

Wednesday 15th January 2014

THE Organization for Economic Co-operation and Development (OECD), who represent the world’s richest nations, report that their members have limited environmental damage, but not enough. Carbon dioxide emissions need to drop over the next 10 years to reduce the threat of global temperatures reaching dangerous levels, but the OECD report, ‘Environment ...

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A Rise in U.S. CO2 Emissions
A Rise in U.S. CO2 Emissions

Tuesday 14th January 2014

U.S. energy related carbon dioxide emissions rose about 2% in 2013 after declining for several years, according to the U.S. Energy Information Administration (EIA). The EIA, the analytical branch of the U.S. Department of Energy, reports that the increase is due primarily because of an increase in coal consumption in power ...

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Gulf State's Renewable Energy Future
Gulf State's Renewable Energy Future

Monday 13th January 2014

THE International Renewable Energy Agency (IRENA) believes that the success of Gulf states in achieving their renewable energy goals could create 116,000 jobs annually in the Middle East until 2030. IRENA pointed out that the Gulf countries have started executing renewable energy projects and setting long-term goals to encourage the ...

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Austrian Energy Efficient Building Initiative
Austrian Energy Efficient Building Initiative

Friday 10th January 2014

AUSTRIA has embarked upon an ambitious programme for improving the energy performance of buildings, which covers both rehabilitation and new construction projects. Comprehensive promotional programmes are being co-financed by the European Investment Bank (EIB) under an EUR 150m framework loan. The contract for an initial EUR 50m tranche was signed today ...

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Call For Improved Renewable Energy Targets for EU
Call For Improved Renewable Energy Targets for EU

Tuesday 7th January 2014

A CALL for a new renewable energy target from eight EU energy ministers has been made to Günther Oettinger, European Commissioner for Energy, and Connie Hedegaard, European Commissioner for Climate. In a letter sent at the end of December the eight ministers tried to count a years resistance to an extension ...

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U.S. Climate Change Battle Plan
U.S. Climate Change Battle Plan

Monday 6th January 2014

THE U.S. Department of State last week submitted the “2014 U.S. Climate Action Report” to the United Nations Framework Convention on Climate Change (UNFCCC). The report details actions the United States is taking domestically and internationally to mitigate, adapt to, and assist others in addressing climate change. The “2014 U.S. Climate Action ...

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Energy Efficiency Funding for Moldovan Businesses
Energy Efficiency Funding for Moldovan Businesses

Friday 3rd January 2014

IN response to high demand for energy efficiency loans in Moldova, the European Bank for Reconstruction and Development (EBRD) is extending a further €7 million to one of the country’s banks for on-lending to private companies. BC Mobiasbanc─â - Groupe Société Générale SA will have the funds available to lend to ...

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Colombia's UNE Wins on Energy Efficiency & Renewables
Colombia's UNE Wins on Energy Efficiency & Renewables

Tuesday 31st December 2013

UNE EPM Telecomunicaciones in Colombia has saved 6.8 million kilowatts of electricity, cutting out about 1,000 tonnes of greenhouse gases. The energy efficiency improvements have been attained through UNE’s Rational Use and Energy Efficient program, which started in 2009. During the past four years the Environmental Management team and Energy Efficiency Technical ...

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Energy Efficiency Finance Available for Turkish Businesses
Energy Efficiency Finance Available for Turkish Businesses

Friday 27th December 2013

The European Bank for Reconstruction and Development (EBRD) is providing support for Turkish businesses to become more energy efficient, through a new €50 million financing package to Turkiye IsBankas─▒ (IsBank). The loan will provide IsBank with long-term financing for sustainable energy investments under the EBRD’s Mid-Size Sustainable Energy Financing Facility. These ...

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New York's Green Bank to Boost Sustainability
New York's Green Bank to Boost Sustainability

Tuesday 24th December 2013

NEW YORK Governor Andrew M. Cuomo, announced $210 million initial funding for a NY Green Bank, to accelerate clean energy deployment, create jobs, and promote sustainability. The initial funding combines $165 million redirected from other programs and approved by the Public Service Commission (PSC) and $45 million from the Regional ...

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Balkans get Energy Efficiency and Renewable Boost
Balkans get Energy Efficiency and Renewable Boost

Monday 23rd December 2013

ELECTRICAL blackouts and insecure power supplies have plagued the Western Balkans but are likely to become a distant memory thanks to investment in energy efficiency and renewable energy. The EBRD is providing financing under the Western Balkans Sustainable Energy Direct Financing Facility (WeBSEDFF), targeted to help the region’s transition to renewable ...

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