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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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2012 a Crucial Year for Climate Investment in Africa
2012 a Crucial Year for Climate Investment in Africa

Thursday 15th September 2011

A CONFERENCE to be held in Johannesburg, South Africa, next January looks to address the importance of climate change finance and carbon markets for the whole of Africa. Since carbon markets were first mooted and started, Africa has not seen the same level of benefits that were hoped for. Africa still ...

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New Building Energy Efficiency Finance Scheme for Singapore
New Building Energy Efficiency Finance Scheme for Singapore

Thursday 15th September 2011

A PILOT financing scheme has been launched by Singapore’s building authority enabling building owners to get loans of up to S$5 million ($4.3 million) to improve energy efficiency in existing buildings. Minister of State for National Development,Brigadier-General, Tan Chuan Jin, announced the scheme today at the opening of the International Green ...

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Empire State Building gets Gold for Greening
Empire State Building gets Gold for Greening

Wednesday 14th September 2011

NEW YORK’S Empire State Building has been awarded LEED® Gold for Existing Buildings certification as further recognition of the $550 million spent in improving energy efficiency and greening the building. The Empire State Building is the tallest and most well known building in the U.S. to receive LEED certification for its ...

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Call to Cut UK VAT to stimulate Green Deal Scheme
Call to Cut UK VAT to stimulate Green Deal Scheme

Wednesday 14th September 2011

THE UK Government has been urged to cut VAT to 5 percent for all energy efficiency upgrades in buildings for businesses and homes under its proposed "Green Deal" scheme. If the tax isn’t cut the “Green Deal” programme will fail to reach its targets, this is the warning from 27 different ...

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Energy Efficiency & Renewables can Shelve Japan's Nuclear Power
Energy Efficiency & Renewables can Shelve Japan's Nuclear Power

Tuesday 13th September 2011

JAPAN can switch off all nuclear plants permanently by 2012 and still achieve both economic recovery and its CO2 reduction goals, according to a new Greenpeace report. Released today, the report: “Advanced Energy [R]evolution report for Japan”, shows how energy efficiency and rapid deployment of renewable technology can provide all ...

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A Third of U.S. Stimulus Funds for Energy Efficiency Unspent
A Third of U.S. Stimulus Funds for Energy Efficiency Unspent

Tuesday 13th September 2011

ALMOST one-third of stimulus money to be used for energy efficiency programmes has not been spent, according to a report from the U.S. Energy Department’s Inspector General. Under the American Recovery and Reinvestment Act, the U.S. Department of Energy (DOE) Energy Efficiency and Conservation Block Grant (EECBG) Programme, received $3.2 billion ...

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Ghana's Energy Efficiency Month
Ghana's Energy Efficiency Month

Monday 12th September 2011

GHANA’s Energy Efficiency Month, was launched Thursday in Accra and helped focus on the nations efforts to save energy, money and the environment. Mr Kofi Wayo, a board member of Ghana’s Energy Commission (EC), revealed at the launch that the Commission aims to help the country’s industry and commerce to reduce ...

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UK's Environment Agency save £6m  a Year Through Sustainability
UK's Environment Agency save £6m a Year Through Sustainability

Monday 12th September 2011

THE UK’s Environment Agency (EA) have made energy savings since 2006 adding to £6 million a year in cost savings from sustainability. The report shows that within five years, the Agency have reduced building energy use by 15 per cent and carbon emissions by 17 per cent, and they are on ...

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Work Plan sees China Remain Tough on Energy Use
Work Plan sees China Remain Tough on Energy Use

Friday 9th September 2011

CHINA has issued a working plan to increase the country's energy efficiency by 2015, issued by the State Council, China’s cabinet, yesterday. The plan reinforces China’s goal of reducing energy consumption by 16 percent for every 10,000-yuan unit of GDP by 2015 compared to the figure five years earlier. The plan ...

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White Paper Predicts Energy Consumption Increase for Gulf Countries
White Paper Predicts Energy Consumption Increase for Gulf Countries

Friday 9th September 2011

ELECTRICITY consumption amongst the Gulf Cooperation Council (GCC) will likely increase by 2.5 percent per capita, annually until 2030. A new white paper by Deloitte - entitled 'Energy on Demand: The Future of GCC Energy Efficiency' discusses energy and resources in the Middle East. The white paper reveals the estimated consumption ...

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Canada Invest $78 Million to Improve Energy Efficiency
Canada Invest $78 Million to Improve Energy Efficiency

Thursday 8th September 2011

MINISTER of Natural Resources, Joe Oliver, announced yesterday that the Government of Canada is investing $78 million over the next two years to improve energy efficiency. The programme is intended to create jobs in the energy sector while saving Canada money, by improving energy efficiency in buildings, industries, vehicles and consumer ...

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Energy Efficiency Drive Cuts Chinese Power Demand
Energy Efficiency Drive Cuts Chinese Power Demand

Thursday 8th September 2011

THE burgeoning economy and growth in China will be slowed in the last quarter of the year by the country’s energy efficiency drive according to a government official. Xue Jing, Director of the Statistics Department operating under the China Electricity Council, revealed the forecast today. Xue explained that the Chinese steel sector ...

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Manx Businesses can get Zero Percent Energy Efficiency Loan
Manx Businesses can get Zero Percent Energy Efficiency Loan

Wednesday 7th September 2011

THE ISLE of Man’s Department of Economic Development (DED) today launched a zero percent green business loan scheme. Businesses on the Isle of Man, a Self-Governing British Crown Dependency located between Great Britain and Ireland, welcome the scheme, which forms part of the Islands commitment to reduce its carbon footprint and ...

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Energy Cuts Lifted but Japan needs to Continue Energy Efficiency Efforts
Energy Cuts Lifted but Japan needs to Continue Energy Efficiency Efforts

Wednesday 7th September 2011

THE Japanese Government is to lift mandatory cuts in electricity consumption by large scale users ahead of schedule due to summers peak period passing and energy efficiency efforts. Asahi Shimbun reports that restrictions on power use were lifted at the end of last week in areas hit by the March 11 ...

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Office Space Needs to Undergo Energy Efficiency Upgrade
Office Space Needs to Undergo Energy Efficiency Upgrade

Tuesday 6th September 2011

INTERNATIONAL real estate firm Savills estimate that over 700 million sq ft of UK commercial floor space may need to undergo an energy efficiency overhaul by 2018. Savills reveal this estimate in their latest Opportunities In Green report. They also highlight that according to the UK’s Department of Energy & Climate ...

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Small Massachusetts Cities set Energy Efficiency Lead
Small Massachusetts Cities set Energy Efficiency Lead

Tuesday 6th September 2011

THE Massachusetts, U.S., Cities of Northampton and Pittsfield are looking to become regional leaders in energy efficiency. Northampton’s Mayor, Clare Higgins, about to leave Office, plans today to launch the initiative "Northampton Leading the Way," to promote energy efficiency with businesses and residents. The Daily Hampshire Gazette reports that the programme stems ...

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Ban Ki-moon Promises Climate Change Action
Ban Ki-moon Promises Climate Change Action

Monday 5th September 2011

THE leader of Kiribati, a low-lying Pacific Nation threatened by rising seas, was promised “real action” against Climate Change by UN Secretary-General Ban Ki-moon today. Ban and the President of Kiribati, Anote Tong, today stressed that climate change posed the most serious threat to the livelihoods, security and survival of the ...

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£100 Million to Improve the Energy Efficiency of London's Public Buildings
£100 Million to Improve the Energy Efficiency of London's Public Buildings

Monday 5th September 2011

HUNDREDS of public buildings in London including schools, libraries and hospitals are set to get a green makeover, with low cost loans from a new £100 million fund, the Mayor announced today. London's public buildings are responsible for 10 per cent of the UK capital's carbon emissions. Retrofitting these buildings with ...

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Missouri can save Billions through Energy Efficiency
Missouri can save Billions through Energy Efficiency

Friday 2nd September 2011

A NEW study released today by the American Council for an Energy-Efficient Economy (ACEEE) finds that energy efficiency can save the U.S. State of Missouri $6.1 billion in lower energy bills and create 8,500 new local jobs by 2025. The study, the 10th in a series of state-level energy efficiency studies ...

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Proposed Energy Efficiency Regulation for Kenya
Proposed Energy Efficiency Regulation for Kenya

Friday 2nd September 2011

KENYA’S Energy Regulatory Commission (ERC) is about to introduce new regulations to reduce energy losses in industry, commercial buildings and large institutions. The Commission is proposing Energy Management Regulations 2011, that will lead to the implementation of energy efficiency and energy conservation measures across these three sectors. Eng Kaburu Mwirichia, the Director ...

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Fund Aims at 20 Percent Energy Savings by SMEs
Fund Aims at 20 Percent Energy Savings by SMEs

Thursday 1st September 2011

SOUTH AFRICAN small and medium-sized businesses (SMEs) looking to reduce their energy consumption can benefit from a new fund developed by the Industrial Development Corporation (IDC). Enterprises can take out loans from IDC for energy-efficiency measures and technologies, which lead to savings on their electricity bills. Rentia van Tonder, Head of ...

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Kazakhstan President calls for Improved Energy Efficiency
Kazakhstan President calls for Improved Energy Efficiency

Thursday 1st September 2011

THE Kazakh President, Nursultan Nazarbayev has called on fellow politicians to give consideration to, and then approve, a bill increasing the nations energy efficiency and energy conservation. Nazarbayev said to Kazakhstan’s Parliamentarians: "I ask you to effectively submit this important issue of energy conservation." He cited the example of South Korean President, ...

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Australia to Fund Commercial Building Energy Efficiency
Australia to Fund Commercial Building Energy Efficiency

Wednesday 31st August 2011

ALONG with announcing AUS$35.2 million in funding to Green 90 buildings, Innovation Minister, Senator Kim Carr said Australia's commercial buildings generate significant greenhouse gas emissions every year. "The Government and building owners must work together to improve our buildings and create a richer, fairer and greener Australia," Senator Carr said. "The buildings ...

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Energy Efficiency Funding for Russian Industry
Energy Efficiency Funding for Russian Industry

Wednesday 31st August 2011

A LOAN programme extended by the Nordic Investment Bank (NIB) to the Russian Gazprombank will be used for improving energy efficiency in Russia's industries. The loan agreement totalling €60 million is structured as a credit line with a seven-year maturity. At least 70 percent of the NIB-provided funds will be ...

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White Paper Looks to Avoid a Train Wreck through Energy Efficiency
White Paper Looks to Avoid a Train Wreck through Energy Efficiency

Wednesday 31st August 2011

THE American Council for an Energy-Efficient Economy (ACEEE) have published an interesting White Paper entitled: “How to Avoid a Train Wreck: Replacing Old Coal Plants with Energy Efficiency.” The report highlights that over the past year, the U.S. utility industry has experienced significant angst over pending updates to utility environmental ...

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