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£500M Facility for Green Energy & Energy Efficiency

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Story Released 6:01pm 13/06 £500M Facility for Green Energy & Energy Efficiency

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£500M Facility for Green Energy & Energy Efficiency
£500M Facility for Green Energy & Energy Efficiency

Wednesday 13th June 2018

FINANCIAL corporation Macquarie Group today announced the issue of a £2.0 billion loan facility (the Facility), including £500m in green tranches, for such actions as improving energy efficiency. The Facility builds on Macquarie’s significant and longstanding commitment to green energy and technology as a fund manager, adviser, financier, participant in ...

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Constant Growth for Residential Energy Efficiency Market
Constant Growth for Residential Energy Efficiency Market

Monday 15th January 2018

A new report shows that the global markets for residential energy efficiency technologies reached nearly $89.4 billion in 2016, and should reach $124.2 billion in 2022. They results from Reportlinker shows that with the expected results for 2017 reach $96.8 billions it demonstrates a compound annual growth rate (CAGR) of 5.1% ...

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$60M Financing to Help Brazilian Businesses to Improve Energy Efficiency
$60M Financing to Help Brazilian Businesses to Improve Energy Efficiency

Friday 12th January 2018

THE International Finance Corporation (IFC) is providing $60 million investment to aid Brazilian companies with new technologies that are more energy efficient and eco-friendly. The money is being supplied to Societe Generale Equipment Finance S.A. Arrendamento Mercantil (SGEF Brazil), the international equipment and vendor finance specialist of the Societe Generale group. ...

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EBRD Facility to Boost Energy Efficiency in Poland
EBRD Facility to Boost Energy Efficiency in Poland

Friday 5th January 2018

THE European Bank for Reconstruction and Development (EBRD) is launching its new Polish Green Economy Financing Facility to finance investments in energy and resource efficiency, renewable energy, water and waste management for local private businesses. The facility is for Leasing (Poland GEFF Leasing) with a €50 million loan to BZ WBK ...

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Energy Efficiency Innovation in the Built Environment
Energy Efficiency Innovation in the Built Environment

Friday 15th December 2017

Residential, commercial and industrial buildings account for 30-40% of global energy consumption and 25-35% of total CO2 emissions. Despite evidence that saving a unit of energy is on average five times cheaper than buying it, investment in energy efficiency improvements in buildings remains low. Innovation Labs are the second phase of ...

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Global Atlas to Help Wind Energy Growth
Global Atlas to Help Wind Energy Growth

Friday 8th December 2017

THE World Bank and the Technical University of Denmark (DTU) have launched a new Global Wind Atlas, a free web-based tool to help decision-makers identify promising areas for wind power generation, virtually anywhere in the world. The Global Wind Atlas is expected to help governments save millions of dollars by avoiding the ...

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EU Energy Efficiency Boost but not Renewables
EU Energy Efficiency Boost but not Renewables

Wednesday 29th November 2017

THE European Parliament's energy and industry committee (ITRE) yesterday gave energy efficiency a new lease of life in Europe, but dealt a blow to renewable energy development. On energy efficiency, MEPs supported a 40% binding overall target for 2030, with binding national targets, as well as strong rules on annual energy ...

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Major Investment For Sustainable Energy Projects Spanning 10 Countries
Major Investment For Sustainable Energy Projects Spanning 10 Countries

Monday 20th November 2017

THE Green Climate Fund (GCF) will start funding its largest climate finance investment to date following an agreement signed with the European Bank for Reconstruction and Development (EBRD). The GCF-EBRD Sustainable Energy Financing Facilities programme spans three regions and directs new climate finance flows to Armenia, Egypt, Georgia, Jordan, Republic of ...

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A World Transforming - the IEA's World Energy Outlook 2017
A World Transforming - the IEA's World Energy Outlook 2017

Wednesday 15th November 2017

The International Energy Agency (IEA) has released World Energy Outlook 2017 highlighting increases electrification of energy, ever faster deployment of renewable energy and a steady decline of the coal industry are all predicted as major shifts in the global energy scene over the next 25 years. The resurgence in oil and gas production ...

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An Increase in CO2 Emissions - Report Reveals
An Increase in CO2 Emissions - Report Reveals

Monday 13th November 2017

HIGHLIGHTING the need for greater effort to reduce energy waste and carbon dioxide (CO2) emissions comes the latest figures from the Global Carbon Project. After a flattening of CO2 emissions over the last couple of years the climate is again heating up, focussing the minds of those at the UN Climate Change ...

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Promotion for Indonesian Green Buildings
Promotion for Indonesian Green Buildings

Friday 27th October 2017

THE International Finance Corporation (IFC) along with the Indonesian Institute of Architects (IAI) and the Green Building Council Indonesia (GBC Indonesia) hosted a signing ceremony where CEOs from Indonesia’s top 10 architecture firms solidified their commitment to implement green building measures in their designs.   Indonesia is the fourth most populated country ...

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Green Fitness in Tajikistan
Green Fitness in Tajikistan

Monday 23rd October 2017

INTER Fitness LLC built the state-of-the-art fitness centre in Dushanbe in the capital of Tajikistan, to be not only a top class fitness centre but to be sustainably responsible. It became the first sports complex in Tajikistan to implement an advanced engineering system that is helping to reduce energy costs and ...

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UK Commits to World Leading Cost-Effective Sustainability
UK Commits to World Leading Cost-Effective Sustainability

Friday 20th October 2017

AN ambitious strategy setting out how the UK is leading the world in cutting carbon emissions, combating climate change while driving economic growth, has been published. ‘The Clean Growth Strategy: Leading the way to a low carbon future’ was released by the UK’s Business and Energy Secretary Greg Clark. The blueprint ...

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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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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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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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$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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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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New Orleans Releases City’s First Climate Action Strategy
New Orleans Releases City’s First Climate Action Strategy

Monday 10th July 2017

U.S. city New Orleans has released a major new Climate Action Strategy. As one of the most vulnerable cities in the U.S. the city is placing itself at the forefront of climate action. The Strategy, Climate Action for a Resilient New Orleans, aims to reduce the city’s CO2 emissions by 50% ...

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Energy Ministers Weaken EU Energy Savings Obligation
Energy Ministers Weaken EU Energy Savings Obligation

Monday 26th June 2017

ENERGY ministers in the EU Council today confirmed 30% energy efficiency target, but weakened the key energy saving measure to deliver it. A meeting of EU energy ministers in Luxembourg today represented the last opportunity for the Maltese Presidency to achieve an ambitious Council position on the 2030 energy efficiency framework. The ...

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EBRD Increase Energy Efficiency Financing
EBRD Increase Energy Efficiency Financing

Thursday 8th June 2017

THE European Bank for Reconstruction and Development (EBRD) has posted a sharp increase in energy efficiency & green economy financing in the first five months of 2017.   The increase puts EBRD well on track to meet ambitious climate finance objectives announced in the run up to the 2015 Paris Climate Agreement.   Ahead ...

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