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

Monday 16th October 2017

A new report from Navigant Research examines the European market for energy efficient building technologies, providing market forecasts through 2026, segmented by commercial building type and new construction or retrofit spending. Advancements in intelligent building technologies are evolving toward an integrated ecosystem of components and sensors that work together as a ...

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Climate Change Funding Stimulus for Developing Economies
Climate Change Funding Stimulus for Developing Economies

Friday 13th October 2017

IFC (International Finance Corporation), a member of the World Bank Group, is joining forces with the government of Finland to stimulate private sector financing for climate-change solutions, especially in low-income countries. The Finland-IFC Climate Change Program includes a €114 million contribution from Finland, building on commitments made in the historic ...

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Kosovo Green Economy Funding Boost
Kosovo Green Economy Funding Boost

Monday 9th October 2017

THE European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €2 million to Kreditimi Rural i Kosoves (KrK), the third-largest microfinance institution in Kosovo, to deepen its financing of the green economy. The funds will be on-lent to borrowers from the residential sector for investments in ...

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Governments Need to Act to Maintain Energy Efficiency Gains
Governments Need to Act to Maintain Energy Efficiency Gains

Friday 6th October 2017

ENERGY efficiency improvements over the last few years across the world are under threat if government do not keep their focus according to a new report. According to the Energy Efficiency 2017 report by the International Energy Agency (IEA) the recent acceleration in global energy efficiency gains risk slowing down if ...

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Green Buildings Vital For EBRD
Green Buildings Vital For EBRD

Monday 2nd October 2017

GREEN buildings represent a major global investment opportunity with buildings comprising the largest segment of the $231 billion energy efficiency market, an EBRD publication launched today finds. The potential is particularly large in the European Bank for Reconstruction and Development’s countries of operations where a high proportion of existing buildings lag ...

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New Tool for Sustainable EU Building Performance
New Tool for Sustainable EU Building Performance

Friday 29th September 2017

THE European Commission has launched the pilot phase of ‘Level(s)’, a new EU tool for sustainable buildings, which they hope will transform the building sector. It is the first tool of its kind that has been developed for use across the whole of Europe and has been launched during World Green ...

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UK Businesses Could Save £1.3bn a Year With Policy Upgrade
UK Businesses Could Save £1.3bn a Year With Policy Upgrade

Monday 25th September 2017

THE think tank, Policy Exchange, is calling on UK ministers to tackle a radical overhaul of business energy efficiency policies. The Clean Growth report reckons that UK businesses could reduce energy bills by £1.3 billion annually if a new set of energy policies were installed to encourage investment in the many ...

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Ukrainian Companies Get Funding for Energy Efficiency Technology
Ukrainian Companies Get Funding for Energy Efficiency Technology

Friday 22nd September 2017

SIX Ukrainian companies have been chosen as recipients of Climate Innovation Vouchers (CIVs), a new scheme aimed at the development and improvement of technologies reducing greenhouse gas (GHG) emissions and improving energy consumption in Ukraine. Businesses and consultancies from Kiev, Dnipro and Lviv will receive vouchers worth €160,000 in total for ...

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Improvements in NYC Building Energy Efficiency
Improvements in NYC Building Energy Efficiency

Monday 18th September 2017

NEW York City Mayor Bill de Blasio has announced new mandates that will force building owners to make sharp reductions in greenhouse gas emissions. The new rules will compel owners to meet fossil fuel caps – requiring deeper energy efficiency upgrades on an accelerated 2030 timeframe – with sharp penalties ...

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Over 300 Companies Commit to Set Ambitious Science-Based Climate Targets
Over 300 Companies Commit to Set Ambitious Science-Based Climate Targets

Friday 15th September 2017

OVER 300 global companies have committed to set emissions reduction targets through the Science Based Targets initiative. This year, more than 90 new companies have joined, demonstrating that the private sector is committed to aligning their efforts to tackle climate change with the Paris Agreement’s goal to limit global warming ...

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EU Pushes for Further Cuts in Emissions
EU Pushes for Further Cuts in Emissions

Friday 8th September 2017

THE EU has to put forward a mid-century zero emissions strategy by 2018, Environment Members of the European Parliament (MEPs) stated yesterday. The EU’s Environment Committee agreed on a series of recommendations to EU institutions and countries ahead of the COP23 meeting next November in Bonn. They call on EU leaders ...

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Victoria State Businesses Benefit From Initiative
Victoria State Businesses Benefit From Initiative

Monday 4th September 2017

THE Australian Victoria State Government is helping businesses reduce their energy costs through a range of programs that support long term sustainability and jobs growth. The State Minister for Energy, Environment and Climate Change Lily D’Ambrosio today (September 4, 2017) visited logistics company Metcash, which saved $300,000 on their annual energy ...

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Nigeria's First National Building Energy Efficiency Code
Nigeria's First National Building Energy Efficiency Code

Friday 1st September 2017

NIGERIA has officially launched their first building energy efficiency code reports the Daily Trust newspaper. The programme has been formulated in conjunction with the German Development Agency (GIZ), Nigerian Energy Support Programme (NESP) and the Federal Ministry of Power, Works and Housing. Speaking at the announcement event yesterday (August 31, 2017), the ...

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Shopping Centre Saves 33% With LED Lighting
Shopping Centre Saves 33% With LED Lighting

Wednesday 30th August 2017

THE Kennedy Shopping Centre in West Belfast, Northern Ireland, has made a 33% saving on their electricity costs thanks to a new energy efficient lighting upgrade. Open 26 years, the centre was using old and inefficient lighting for its foyers, basement carpark and toilets. Irish company Energia worked with the centre’s ...

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Partnership to Improve Energy Efficiency in UAE
Partnership to Improve Energy Efficiency in UAE

Friday 25th August 2017

MASDAR, Abu Dhabi’s renewable energy company, and MDC Business Management Services (BMS) have signed a Memorandum of Understanding (MoU) to explore opportunities to deliver projects that improve the energy and water efficiency of buildings and facilities in the UAE. Masdar’s specialised sustainability capabilities will be combined with the facilities management expertise ...

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Big Ben Silenced, But Will Be More Energy Efficient
Big Ben Silenced, But Will Be More Energy Efficient

Monday 21st August 2017

BRITAIN’S most photographed landmark, the iconic Elizabeth Tower, more popularly known by the name of its great bell Big Ben is to fall silent for upgrades, including improved energy efficiency. Standing at 96 metres the tower, clock and bell (the actual Big Ben) is the main focus as people look towards ...

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Every Joule Counts for Ontario
Every Joule Counts for Ontario

Friday 18th August 2017

THE Environmental Commissioner of Ontario (ECO), Canada, released Volume Two of the 2016/2017 Annual Energy Conservation Progress Report, "Every Joule Counts: Ontario’s Energy Use and Conservation Year in Review". The report reveals that energy conservation continues to be a wise investment in Ontario’s future. Conservation of electricity and natural gas remain the ...

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$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects
$100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

Monday 14th August 2017

THE International Finance Corporation (IFC), is partnering with Sri Lanka’s Commercial Bank of Ceylon on a $100 million financing structure to help the bank increase lending for energy efficiency and renewable energy projects in the country. This seven year financing to Commercial Bank will help reduce greenhouse gasses, promote energy efficiency ...

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Saving Energy From Water in Saudi Arabia - Video
Saving Energy From Water in Saudi Arabia - Video

Friday 11th August 2017

Energy Recovery Inc. the leader in pressure energy technology for industrial fluid flows, yesterday announced a total award of $2.5 million to supply its PX Pressure Exchanger technology for desalination projects in Saudi Arabia. Energy Recovery will supply two Pressure Exchanger devices for the plants, which will produce a total of ...

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EIB lends EUR 1bn to e-distribuzione for new smart meters
EIB lends EUR 1bn to e-distribuzione for new smart meters

Monday 7th August 2017

THE first €500m tranche of a €1 Billion loan to the Enel Group for the supply of smart meters in Italy has been assigned from the European Investment Bank (EIB). The loan beneficiary is e-distribuzione, the Enel Group's electricity distributor with responsibility for installing the new “Open Meter”. The EIB will ...

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$100M To Improve Energy Efficiency in Japanese and Polish Glass Production
$100M To Improve Energy Efficiency in Japanese and Polish Glass Production

Friday 4th August 2017

THE International Finance Corporation (IFC), will lend $100 million to NSG UK Enterprises, a subsidiary of Japan’s Nippon Sheet Glass (NSG Group), to finance energy efficient glass production in Brazil and Poland. NSG Group is a global leader in glass production and technology with operations throughout America, Europe and Asia. The ...

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UK Government Initiative to Boost Industrial Energy Efficiency
UK Government Initiative to Boost Industrial Energy Efficiency

Monday 31st July 2017

THE UK’s Carbon Trust will be running a new £9.2 million Industrial Energy Efficiency Accelerator (IEEA), launched in January by the Department for Business, Energy, and Industrial Strategy (BEIS) to help bolster the global competitiveness of British industry. Over the next four years, the IEEA will aim to lower costs and ...

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APEC Aim to Improve Building Energy Efficiency
APEC Aim to Improve Building Energy Efficiency

Monday 24th July 2017

THE Asia-Pacific Economic Cooperation (APEC) Energy Working Group at the end of last week said how it is working to aid member countries to improve the energy efficiency of commercial and residential buildings. APEC state that the spiking environmental and economic costs of energy inefficient homes and offices, exacerbated by soaring ...

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Ukraine Advances Energy Efficiency of Buildings With New Bill
Ukraine Advances Energy Efficiency of Buildings With New Bill

Friday 21st July 2017

UKRAINE has taken a step forward in improving energy efficiency when Petro Poroshenko, Ukrainian President, signed the Energy Efficiency Fund bill, affecting the energy efficiency of buildings. Germany have said they will provide up to 100 million euros to the Fund. Tansparency in the use of funds allocated from the budget ...

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IEA World Energy Investment Report
IEA World Energy Investment Report

Monday 17th July 2017

THE International Energy Agency (IEA) report that global energy investment fell by 12% in 2016, the second consecutive year of decline. Increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the IEA’s annual World Energy Investment ...

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