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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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EPA Updates Sustainability Plan
EPA Updates Sustainability Plan

Friday 6th December 2013

THE U.S. Environmental Protection Agency (EPA) has released its 2013 Strategic Sustainability Performance Plan, outlining actions planned over the next year to cut energy use and waste in agency operations. President Obama signed Executive Order in October 2009, setting aggressive targets for reducing waste and pollution in Federal operations by ...

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USDA Announce Energy Efficiency Funding
USDA Announce Energy Efficiency Funding

Thursday 5th December 2013

U.S. Agriculture Secretary Tom Vilsack yesterday announced that USDA will take steps to save rural energy consumers money on their bills in partnership with rural electric cooperatives. USDA plan to provide rural electric cooperatives up to $250 million to lend to business and residential customers for energy efficiency improvements and ...

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Where Does Your Country Rank in Climate Battle?
Where Does Your Country Rank in Climate Battle?

Thursday 21st November 2013

THIS years Climate Change Performance Index (CCPI) was released yesterday by Germanwatch and Climate Action Network (CAN) Europe at the UN climate talks in Warsaw. The results show emissions worldwide have climbed to a new peak and no single country is yet on track to prevent dangerous climate change. "Unexpectedly, for ...

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World Climate Summit Focuses on Energy Efficiency
World Climate Summit Focuses on Energy Efficiency

Monday 18th November 2013

YESTERDAY was the first of the two day World Climate Summit in Warsaw, Poland, and the focus was very much on energy efficiency and energy saving targets. The final discussion of the day was themed: ’Innovative approaches to energy transition from fossil fuels to renewable sources', raising a lot of interest. ...

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Energy Efficiency Central to Tackling Emissions and Costs
Energy Efficiency Central to Tackling Emissions and Costs

Thursday 14th November 2013

THE International Energy Authority (IEA) yesterday released their 2013 World Energy Outlook, revealing that energy efficiency has to play a more central role in tackling emissions and rising energy bills. The report, released yesterday in London, presents a central scenario in which global energy demand rises by one-third in the period ...

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VSDs Still Delivering Substantial Energy Savings
VSDs Still Delivering Substantial Energy Savings

Tuesday 12th November 2013

IT is easy with the fast moving development of energy efficiency and renewable energy technology to lose sight of the effective solutions we already have. This point is made very well in an article on Control Engineering Europe by Steve Brambley, Deputy Director of GAMBICA. Gambica is the Trade Association for ...

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Energy Efficiency Boost for Rural States
Energy Efficiency Boost for Rural States

Monday 11th November 2013

UNITED States Agriculture Secretary Tom Vilsack announced on Friday funding for 424 projects across the country to help agricultural producers and rural small businesses reduce their energy consumption and costs. The Rural Energy for America Program (REAP) offers financial assistance to farmers, ranchers and rural small businesses to purchase and install ...

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Energy Efficient US State Scorecard
Energy Efficient US State Scorecard

Friday 8th November 2013

THE American Council for an Energy-Efficient Economy (ACEEE) have released their seventh annual state scorecard, which ranks states on their energy efficiency policy and program efforts. Energy efficiency measures are thriving in state capitals around the United States, with several states, including Mississippi, Connecticut, Illinois, and West Virginia, taking major steps ...

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Energy Efficiency Money for Georgia's MSEs
Energy Efficiency Money for Georgia's MSEs

Wednesday 6th November 2013

THE European Bank for Reconstruction and Development (EBRD) is providing $6 million to micro and small enterprises (MSE) in Georgia to promote energy efficiency and renewable energy. The funds are being made available through Credo, Georgia’s largest non-bank microfinance institution with a strong presence in rural areas and an extensive coverage ...

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Plenty of Investment in UK Energy Sector
Plenty of Investment in UK Energy Sector

Tuesday 5th November 2013

IN the Olympic year, private sector investment in the UK energy sector rose to £11.6bn, equivalent to building 20 Olympic Stadiums, according to a report from EY for EnergyUK. The report - Powering the UK 2013 - which looks at the sector’s total economic, investment and employment contributions to the UK, ...

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Egypt Needs to Recognize Benefits of Energy Efficiency
Egypt Needs to Recognize Benefits of Energy Efficiency

Thursday 31st October 2013

EGYPT is facing many problems but efforts toward a green economy could provide a tremendous boost for the country and the environment. Estimates predict around 700,000 jobs would be produced over the next 15 years from the energy efficiency and green industries. This offers hope to the multitude of citizens currently ...

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UN Secretary General Calls for Commitments on Energy Efficiency
UN Secretary General Calls for Commitments on Energy Efficiency

Thursday 24th October 2013

UNITED Nations Secretary-General, Ban Ki-moon stated yesterday that the world is at a “tipping point,” and how it produces, distributes and uses energy will determine if sustainable development succeeds. Ban was highlighting that climate financing, in particular new public-private partnerships, increased investment and enhanced market development. “Promoting energy efficiency will realize massive ...

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EU Acknowledges Future Role of Energy Efficiency
EU Acknowledges Future Role of Energy Efficiency

Tuesday 22nd October 2013

THE draft European Parliament report on a 2030 framework for climate and energy policies, rightly acknowledges the future role of energy-efficiency policies in the 2030 climate and energy framework. The draft report produced jointly by the ENVI (environment, public health and food safety) and ITRE (industry, research and energy) committees, is ...

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Jamaica to Speed Up Public Sector Energy Efficiency
Jamaica to Speed Up Public Sector Energy Efficiency

Monday 21st October 2013

THE Jamaican Government is looking to speed-up the provision of energy saving solutions under the Public Sector Energy Efficiency and Conservation programme. Jamaica’s Principal Director in the Ministry of Science, Technology, Energy and Mining, Fitzroy Vidal, said that work under the programme is “fairly advanced.” “We are going to do as much ...

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Energy Efficiency Saves NY Schools $37M Annually
Energy Efficiency Saves NY Schools $37M Annually

Monday 14th October 2013

THE New York Power Authority’s (NYPA) Energy Services for Schools Program has saved school districts roughly $37 million dollars in energy costs annually. The NYPA revealed the success of their program to highlight the significant economic and environmental benefits from increased investments in energy efficiency and clean energy technologies at public ...

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UK On Shaky Track to Energy Targets
UK On Shaky Track to Energy Targets

Friday 11th October 2013

THE UK Government claims the country is on track to reduce emissions by 34% by 2020 due to Government reforms towards a low-carbon economy, despite disputes over energy policy. UK Secretary of State, Edward Davey, yesterday revealed the Government’s assessment of progress made in reducing emissions across each sector of the ...

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EU States Need to Keep Up Energy Efficiency Efforts
EU States Need to Keep Up Energy Efficiency Efforts

Thursday 10th October 2013

EUROPEAN Union States have had mixed progress in achieving three climate and energy targets for 2020 according to a new report. These findings come from new European Environment Agency (EEA) assessments, and are published in their report 'Trends and projections in Europe 2013'. The report examines EU progress in meeting energy efficiency ...

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Kosovo Receives Energy Efficiency Funding Boost
Kosovo Receives Energy Efficiency Funding Boost

Wednesday 2nd October 2013

THE European Bank for Reconstruction and Development (EBRD) is launching the Kosovo Sustainable Energy Projects Framework (KoSEP), with €12 million finance and €3 million from the EU Office in Kosovo. The framework has been designed to encourage small and medium-sized enterprises to invest in energy efficiency technology and the rational use ...

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Green Financing for Sri Lanka
Green Financing for Sri Lanka

Tuesday 1st October 2013

PAN Asia Bank has entered into an agreement with the Global Climate Partnership Fund (GCPF) to raise $20 million through a seven year unsecured loan in Sri Lanka, reports The Island. The funds raised will be utilized to finance energy efficiency and renewable energy projects which would support the post conflict ...

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Bosnia Herzegovina Look to Improve Energy Efficiency in Public Buildings
Bosnia Herzegovina Look to Improve Energy Efficiency in Public Buildings

Thursday 26th September 2013

THE Bosnia Herzegovina Environmental Fund and the United Nations Development Program (UNDP) has signed an agreement to improve energy efficiency in the country’s public buildings. The two organizations are planning to implement an energy management and audit system in 400 buildings throughout the republic, including education institutions, hospitals, municipal administration buildings ...

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Singapore Cranks Up Energy Efficiency Improvement
Singapore Cranks Up Energy Efficiency Improvement

Monday 23rd September 2013

SINGAPORE’S Environment and Water Resources Minister Dr. Vivian Balakrishnan stated yesterday that energy efficiency has overtaken sustainable water supply as a critical concern for the republic. He said: “What has really happened globally is the substitution of one critical vulnerability - water - with another critical vulnerability - energy, simply because ...

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Euro 40M Energy Efficiency and Renewables Boost for India
Euro 40M Energy Efficiency and Renewables Boost for India

Tuesday 17th September 2013

THE European Investment Bank (EIB) has signed a €40 million long-term loan to SREI Infrastructure Finance Limited (SREI) of India, with the main purpose of financing investments that will help to mitigate climate change in India. The loan will be supported by the Italian Export Credit Agency SACE S.p.A. This ...

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UK Cities Focus on Energy Efficiency but More Needed
UK Cities Focus on Energy Efficiency but More Needed

Friday 13th September 2013

THE UK’s major city authorities all plan to improve the energy efficiency of their buildings and infrastructure, but a new study reveals a chasm of difference in climate change preparedness. A study by scientists from Newcastle University discovered that all the local authorities from the 28 that were studied and contacted ...

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EIB Support for Energy Efficiency in Czech Republic
EIB Support for Energy Efficiency in Czech Republic

Tuesday 10th September 2013

THE European Investment Bank (EIB) has extended two intermediated loans combined with EU grant subsidies to support energy efficiency promoted by SMEs and Mid-Cap companies in the Czech Republic. Both loans are expected to benefit from the new SME Energy Efficiency Window with a view to supporting energy efficiency and renewable ...

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Loans for SMEs for Energy Efficiency Projects
Loans for SMEs for Energy Efficiency Projects

Friday 6th September 2013

A NEW finance facility has been launched to help UK SMEs to fund energy efficiency solutions, saving energy, costs and greenhouse gas emissions. ReEnergise SmartEnergy Finance has been launched this week by independent and specialist financial services company ReEnergise Finance, and is a dedicated commercial funding facility for SMEs for energy ...

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