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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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$1 Billion Renewables and Energy Efficiency Loan for Philippines
$1 Billion Renewables and Energy Efficiency Loan for Philippines

Wednesday 3rd November 2010

THE ASIAN Development Bank (ADB) is negotiating with the Philippine government to offer $1 billion worth of loans for energy efficiency and renewable energy projects. Principal planning and coordination specialist at the ADB, Samuel Tumiwa, revealed that the Manila-based development bank has been in talks with the Philippine Departments of Energy, ...

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Commercial Building Disclosure Programme Launches
Commercial Building Disclosure Programme Launches

Tuesday 2nd November 2010

THE AUSTRALIAN Government yesterday welcomed moves to improve the energy efficiency of commercial buildings with the commencement of the Commercial Building Disclosure programme. The Australian Parliamentary Secretary for Climate Change and Energy Efficiency, Mark Dreyfus, launched the Commercial Building Disclosure programme. This programme is regarded as a key step in creating ...

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Festival Sheds Light on Energy Efficiency
Festival Sheds Light on Energy Efficiency

Tuesday 2nd November 2010

FROM tigers to jellyfish, the i Light festival in Singapore is designed to show off the assets of energy efficient lighting. The LED bulbs in the festival lights use seventy percent less energy than regular bulbs and, in businesses translates into sizable savings. i Light Marina Bay is a free ...

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Government Departments hit and miss Energy Reductions
Government Departments hit and miss Energy Reductions

Monday 1st November 2010

YESTERDAY marked the end of the UK Government’s month long challenge to reduce its own energy across many of its ministries and departments. Launched on October 1, the Whitehall energy efficiency competition pitted departments against each other. The results revealed that the Department of Work and Pensions (DWP) performed best. According to the ...

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$10 Trillion for Asian Energy Efficiency Projects
$10 Trillion for Asian Energy Efficiency Projects

Monday 1st November 2010

ASIA can get $10 trillion for energy efficiency and sustainability claim the Asian Development Bank (ADB). ADB claim this amount is needed to finance energy efficiency projects across Asia over the next 20 years. The projects will include more efficient use of energy as well as greater reliance on renewable power sources. However, ...

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Raising Energy Efficiency Standards in Government Buildings
Raising Energy Efficiency Standards in Government Buildings

Friday 29th October 2010

THE U.S. General Services Administration is raising energy efficiency standards of all of its new federal building construction projects, it announced yesterday. The GSA is the U.S. federal government's workplace solutions provider and they have now decreed that projects must achieve LEED Gold certification, the second-highest rating from the U.S. Green ...

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Public Library sets Example in Energy Saving
Public Library sets Example in Energy Saving

Thursday 28th October 2010

BOISE Public Library, U.S., yesterday received an Idaho Power incentive cheque of $66,992 for energy-efficient upgrades to the Main Library lighting system while demonstrating the savings from energy efficiency. The Idaho Statesman reports the story of Idaho's State Capital's Public Library and it details the substantial savings which are available to ...

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Unspent Money to be Used for Energy Efficiency Projects
Unspent Money to be Used for Energy Efficiency Projects

Thursday 28th October 2010

THE European Parliament’s Energy Committee has given a green light to free up €146 million of uncommitted funds to finance energy saving, energy efficiency and renewables projects. Amended legislation on the European Energy Recovery Plan (EERP), will channel the unspent money into a new fund to finance energy efficiency improvements in ...

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Energy Efficiency Priority for Europe's Energy Strategy
Energy Efficiency Priority for Europe's Energy Strategy

Wednesday 27th October 2010

ENERGY efficiency should be a key priority of Europe's energy strategy for 2011-2020, said the Energy Committee yesterday. MEPs (Members of European Parliament) urged the European Commission to exploit existing European Union (EU) energy legislation and projects to the full. MEPs stress that energy efficiency should be a key priority of ...

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Energy Efficiency Hardline from Medvedev
Energy Efficiency Hardline from Medvedev

Wednesday 27th October 2010

RUSSIAN President Dmitry Medvedev said yesterday how he is unhappy with the slow pace of a government programme aimed at promoting energy efficiency across the country. Medvedev made his views known at a meeting of the Commission for Modernisation and Technological Development of Russia’s Economy devoted to implementing energy efficiency projects ...

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China's Energy Conservation Measures Bite
China's Energy Conservation Measures Bite

Tuesday 26th October 2010

CHINA'S energy demand growth is expected to slow in the last quarter of this year due to the country’s energy conservation efforts. Senior Chinese official Wang Siqiang, a deputy director at the NEA, told reporters yesterday that energy demand is expected to be curbed further after slowing in the third quarter ...

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Indian Foundries urged to become Energy Efficient
Indian Foundries urged to become Energy Efficient

Monday 25th October 2010

POWER quality and availability is a major stumbling block for the growth of the foundry industry in India, according to N. Krishna Samaraj, the Managing Director of Magna Electro Casting. Samaraj inaugurated a workshop on “Strategies to Promote Energy Efficiency in the Foundry Sector” organised by the Southern India Engineering Manufacturers' ...

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Mid-East Tourism must Save Energy
Mid-East Tourism must Save Energy

Monday 25th October 2010

HUGE cost saving energy-efficient solutions need to be implemented throughout the Middle East's tourism industry if it is to continue to grow, claims an influential industry figure. Louis Hakim, Chairman of Philips Middle East - who will be speaking at next month's World Green Tourism Abu Dhabi conference - believes the ...

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New Energy Efficiency Code for Buildings
New Energy Efficiency Code for Buildings

Friday 22nd October 2010

THE INTERNATIONAL Code Council (ICC), which develops commercial and residential building standards, is to vote on proposals that will improve energy efficiency by 30%. The organisation’s I-Codes are recognised in the US at state and jurisdictional levels and are enforced by a number of U.S. federal agencies. At its tri-annual meeting in Charlotte, ...

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Russia Approve new Energy Conservation Plan
Russia Approve new Energy Conservation Plan

Friday 22nd October 2010

THE RUSSIAN government approved an energy conservation program yesterday, revealed Energy Minister Sergei Shmatko. "The program has been approved in principle. There were some minor comments that the colleagues made concerning technical revisions," Shmatko told reporters at a news briefing. The minister also predicted a dramatic increase of investments into the field ...

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Funding for Agricultural Energy Efficiency
Funding for Agricultural Energy Efficiency

Thursday 21st October 2010

U.S. AGRICULTURE Secretary Tom Vilsack announced yesterday that the Department of Agriculture (USDA) is providing loans and grants of $1.6 million for several energy efficiency and renewable energy projects in North Carolina. The financing is being provided under the Rural Energy for America Program (REAP). Vilsack announced: "These loans and grants ...

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Change In CRC Scheme Positive for Energy Efficiency
Change In CRC Scheme Positive for Energy Efficiency

Thursday 21st October 2010

"REVENUE raised from the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme will be used to support the public finances, rather than recycled to participants." So announced the UK’s Department for Energy and Climate Change (DECC) surprising the countries commerce, industry and the public sectors. The UK Government has now said it ...

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EU Delay GHG Reduction Target Increase
EU Delay GHG Reduction Target Increase

Tuesday 19th October 2010

EUROPEAN UNION (EU) ENVIRONMENT ministers meeting in Brussels have delayed a decision until next year on increasing Europe’s emissions reduction target from 20% to 30%. We have carried several reports on these pages over recent weeks of the need to increase the target for reducing green house gas (GHG) emissions through ...

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UK Property Industry to get Common Energy Efficiency Language
UK Property Industry to get Common Energy Efficiency Language

Tuesday 19th October 2010

THE UK property industry has agreed on common metrics for measuring energy efficiency and greenhouse gas emissions. In “Establishing the Ground Rules for Property”, a new report by the Green Property Alliance gives investors and tenants the first ever set of industry-agreed metrics that can be used to measure and compare ...

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Hotels Ripe for Energy Efficiency Benefits
Hotels Ripe for Energy Efficiency Benefits

Tuesday 19th October 2010

THE U.S. Environmental Protection Agency claim that American hotels spend around $2,200 per room on energy annually, about six percent of all operating costs presenting an opportunity for major savings.   A reduction in energy consumption of just twenty per cent could be the same as raising the average annual room rate ...

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Government Energy Efficiency Targets need Building Upgrade Framework
Government Energy Efficiency Targets need Building Upgrade Framework

Tuesday 19th October 2010

GOVERNMENTS could reduce their energy consumption by as much as 20 percent by encouraging investors to upgrade buildings to make them more energy efficient, claims an energy expert. Investment opportunities open to officials could be worth as much as $300 billion a year worldwide through the creation of an investing in ...

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Energy Efficiency instead of Carbon Cap
Energy Efficiency instead of Carbon Cap

Monday 18th October 2010

IN THE absence of a U.S. national policy to put a cap on carbon emissions more emphasis needs to be put on energy efficiency, according to energy and environmental experts. Energy efficiency advocates reckon the potential benefits to the environment, the economy and balance sheets cannot be ignored. In a 2007 ...

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China to set Tough Energy Efficiency Goals
China to set Tough Energy Efficiency Goals

Monday 18th October 2010

THE Financial Times (FT) reports that Chinese leaders met this weekend to finalise the country’s 12th five-tear plan which includes targets for energy efficiency and CO2 emissions. Today the plenum of the Central Committee of the Communist party will complete the plan which will go for approval from next years National ...

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Carrot and Stick for Philippines
Carrot and Stick for Philippines

Friday 15th October 2010

THE EUROPEAN Chamber of Commerce of the Philippines (ECCP) is calling for a law that will provide both incentives and penalties to promote energy conservation. "What’s happening is that building owners have no interest to invest in energy efficiency. So what we want to have is a carrot and stick." ECCP ...

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States doing more on Energy Efficiency than U.S. Government
States doing more on Energy Efficiency than U.S. Government

Friday 15th October 2010

THE United States Congress may have failed to implement climate and energy legislation in 2010 but states across the country achieved major new strides as they nearly doubled their energy efficient budgets. This is according to the 2010 State Energy Efficiency Scorecard from the nonprofit and independent American Council for an ...

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