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Breaking Article - Posted 126 hrs ago
$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects
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Monday 12th December 2011
THE Moldovan Economics Ministry and the Agency for Energy Efficiency has launched the energy efficiency campaign Moldova ECO-Energy. Moldova ECO-Energy is a comprehensive campaign, whose goal is to promote energy efficiency and alternative energy sources. The campaign is conducted by the Moldovan government in partnership with The European Union the United ...
Friday 9th December 2011
SOUTH AFRICA’S Department of Energy has signed an Energy Efficiency Leadership Network Pledge along with Business Unity SA (BUSA) and the National Business Initiative (NBI). The Pledge aims to improve energy efficiency in South Africa, with the signatories developing an energy efficiency road map, the required energy efficiency targets, work with ...
Friday 9th December 2011
IFC, a member of the World Bank Group, is scaling up energy efficiency and renewable-energy financing in Thailand by partnering with Bangkok Mitsubishi UFJ Lease Ltd. The collaboration will help companies find funding for projects that reduce greenhouse-gas emissions and use sustainable energy. IFC’s risk-sharing facility agreement with Bangkok Mitsubishi ...
Thursday 8th December 2011
THE European Parliament is calling for a binding global deal on climate change to be agreed by 2015, but the "ping pong blame game" between the US and China is holding up progress. This “game” that is preventing progress must come to an end, said Jo Leinen, Chair of the European ...
Thursday 8th December 2011
UK ENERGY Secretary Chris Huhne has today announced a £20 million boost to the existing public sector energy efficiency loan scheme and £10 million for local community energy projects. Huhne said: “This is great news for the public sector. Not only do we need to encourage energy efficiency in our schools, ...
Wednesday 7th December 2011
The South African government is progressing with the implementation of their Industrial Energy Efficiency Project (IEE) claimed South African Trade and Industry Minister Rob Davies. Davies explained that the energy efficiency project promotes industrial energy management systems, energy system optimisation and energy standards development training for SMEs. Davies was speaking at an ...
Wednesday 7th December 2011
THE UK’s Carbon Trust has revealed that businesses and the public sector can make their own lighting more efficient and save up to £700m a year. The Carbon Trust advises that cost-effective measures such as lighting refurbishment and sensor-based controls can lead to annual cost savings of 20 percent across all ...
Tuesday 6th December 2011
THE 2011 National Energy Code of Canada for Buildings promises to bring a 25 percent improvement in the energy efficiency of the country’s buildings. Some 245 technical changes have been made to the 2011 National Energy Code of Canada for Buildings to accommodate new technologies and construction practices that have emerged ...
Tuesday 6th December 2011
THE UK Energy Saving Trust has published the results from research which shows the huge energy efficiency challenge facing the country’s buildings. The research reveals that for every minute, from now until 2050, at least one building will need a green renovation if the UK is to achieve its emissions targets. Business ...
Monday 5th December 2011
THE European Commission today adopted a financial package to support energy efficiency and environment along with public administration and regional development, in Ukraine. The third component of the Annual Action Programme (AAP) for 2011 is worth €105 million in total and consists of three components. The third component of this assistance ...
Monday 5th December 2011
SPECIALIST Bank Investec has reached an agreement with the European Investment Bank (EIB) to set up €100m of funding for the promotion of energy efficiency and clean energy in South Africa. The EIB and Investec will each contribute €50m to the fund, which will be available for selected projects over three ...
Friday 2nd December 2011
U.S. President Obama today announced nearly $4 billion in combined federal and private sector energy efficiency upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction ...
Friday 2nd December 2011
THE task of rebalancing the UK economy away from carbon is progressing well and will result in greater energy security and development of technology, the Government's Carbon Plan showed today. Emissions in the UK must by law be cut by at least 80 percent on 1990 levels by 2050. The UK ...
Thursday 1st December 2011
DISSATISFIED delegates at a meeting of European energy ministers in Brussels this week raised their concerns over the rigid targets in the European Commissions proposed energy efficiency directive. A progress report on a draft directive on energy efficiency was presented at the meeting of the EU Council of Ministers for energy ...
Thursday 1st December 2011
EUROPEAN Mayors demonstrated today that energy efficiency targets can be met, despite sluggish talks on the proposed EU energy efficiency directive, according to EurActiv. EurActiv reports that 3,000 Mayors came together today (November 30) for the launch of the 'Engage' campaign, a project that aims to become the largest EU-wide local ...
Wednesday 30th November 2011
THE United Nations Development Programme (UNDP) has opined that Nigeria needs to concentrate on energy efficiency to meet their current and future energy challenges. Nigeria’s Leadership newspaper reports that the UNDP maintained that the energy crisis facing the country requires the development of an energy saving culture, particularly in the corporate ...
Wednesday 30th November 2011
THOUSANDS of representatives from governments and international organisations have gathered for the United Nations Climate Change Conference (COP17), which seeks to advance ways to cut global carbon emissions and pollution. The stakes at the two-week long conference are high, as its outcome will determine the future of the Kyoto Protocol, the ...
Tuesday 29th November 2011
INDIAN State Gujarat’s Chief Minister, Narendra Modi, highlighted the need for more energy efficiency planning to boost economic growth. Speaking during a seminar on Energy Efficiency and Thermal Audit, Modi said that in the western Indian State of Gujarat they need to modernise but without westernisation. Explaining this view the Chief Minister ...
Tuesday 29th November 2011
RECENT studies and findings regarding climate change are “sounding alarm bells” for urgent action said Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change, ahead of COP17. Speaking during a media briefing in Durban, South Africa, before the official opening of the UNFCCC COP17 conference, November 28 through ...
Monday 28th November 2011
ENERGY efficiency, conservation and environmental protection are long term goals for China according to Vice-Premier Li Keqiang ahead of this weeks UN climate change summit in Durban. Li also highlighted that apart from a long term goal, energy efficiency is also an urgent practical option for the country as the global ...
Monday 28th November 2011
PHILADELPHIA’S commercial property owners spend 29 percent more on energy than the national U.S. average, making the region's aging buildings ideal candidates for retrofits. Estimates predict that energy efficiency retrofits could spur $618 million in local spending and support 23,500 jobs. Another report details the policies and programmes already undertaken in ...
Friday 25th November 2011
A $60 million loan to help Trinidad and Tobago implement a more energy efficient, sustainable and clean energy matrix has been made by the Inter-American Development Bank (IDB). The loan, the first in a programmed series of three consecutive operations, similar to the facility we revealed for Jamaica yesterday, will strengthen ...
Friday 25th November 2011
UK ENERGY Secretary Chris Huhne reveaed in his annual energy statement that the Government is looking to help businesses counter forthcoming energy cost increases. Huhne acknowledged that currently some UK firms do not make such significant energy efficiency savings due to the nature of their industrial processes, plus many UK businesses ...
Thursday 24th November 2011
A $20 million loan from from the Inter-American Development Bank (IDB) to finance the Jamaican Energy Efficiency and Conservation Programme, first of three such loans, was signed on Tuesday. The IDB has approved the three loans to be disbursed over coming days at an advantageous interest rate between 1.3 percent and ...
Thursday 24th November 2011
THE market for energy efficiency services and equipment is on the rise as national governments look to reduce energy consumption by improving the efficiency of their nations building stock. With buildings being one of the largest sources of energy consumption, the opportunity to improve energy efficiency is significant, from the ...