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Technology enabled smart city

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How can a technology enabled city with a smarter infrastructure (water, energy and travel) provide services efficiently? In this video Chris Kohlmann from the City of Dubuque, Iowa discusses how IBM Research and Watson technology enabled a Smarter City program. The City of Dubuque partnered with IBM Research to carry out a smarter water project, smarter electric including electric meters and smarter travel.

China’s cap-and-trade decisions

On December 27, 2015, in Power System Economics, by Joe Nyangon
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In the lead-up to the 2015 Paris climate change conference, policymakers stressed the need for creation of integrated carbon markets and called for linking new climate financing mechanisms with the United Nations-organized Green Climate Fund (GCF) based in South Korea. Both the U.S. and China have committed to accelerating the transition to low-carbon development internationally. […]

Photo: Beijing’s financial district. Sean Pavone /Shutterstock.com

Photo: Beijing’s financial district. Sean Pavone / Shutterstock.com

In the lead-up to the 2015 Paris climate change conference, policymakers stressed the need for creation of integrated carbon markets and called for linking new climate financing mechanisms with the United Nations-organized Green Climate Fund (GCF) based in South Korea. Both the U.S. and China have committed to accelerating the transition to low-carbon development internationally. Through a $3 billion per year pledge to GCF by the U.S. and a new annual $3.1 billion climate finance guarantee by China to support other developing countries to combat climate change, the two countries have committed to enhance multilateral climate cooperation. Read more>>

New coal-fired power plants face financing challenges

On November 13, 2014, in Renewable Energy Markets, by Joe Nyangon
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A new paper strategy by the World Bank Group sets a new direction for energy sector investments focusing on expanding energy access and sustainable energy. Along with expanding access to energy, the Energy Sector Directions Paper focuses on accelerating energy efficiency and renewable energy development as per the Sustainable Energy for All initiative’s 2030 goal […]

A new paper strategy by the World Bank Group sets a new direction for energy sector investments focusing on expanding energy access and sustainable energy. Along with expanding access to energy, the Energy Sector Directions Paper focuses on accelerating energy efficiency and renewable energy development as per the Sustainable Energy for All initiative’s 2030 goal for doubling global energy efficiency measures and the global renewable energy mix share.

“As part of a drive for universal access, financial solutions or guarantees will be made available for the most feasible energy options for the poor and for people living in fragile and conflict-affected states. If short-term options include those with moderate or high greenhouse gas emissions, complementary support will also be provided in the medium term to harness lower-emission options.

In rural, remote or isolated areas, off-grid solutions based on renewable energy combined with energy- efficient technologies could be the most rapid means of providing cost-effective energy services. Engagement in cleaner cooking and heating solutions will grow.”

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The new energy strategy paper will limit financing of new coal-fired power plants to “rare circumstances,” and only to countries with “no feasible alternatives” to coal. This follows President Obama’s “climate action” speech at Georgetown University last month calling for an end to public financing of dirty coal plants abroad.

“The WBG will provide financial support for greenfield coal power generation projects only in rare circumstances. Considerations such as meeting basic energy needs in countries with no feasible alternatives to coal and a lack of financing for coal power would define such rare cases.”

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Fostering low-carbon growth

On April 11, 2013, in Project Management, by Joe Nyangon
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Here’s a great video of a speech delivered by Lord Nicholas Stern and sponsored by the International Monetary Fund (IMF) and World Resources Institute (WRI). Lord Stern, who is the chairman of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, explained how climate risks have changed six […]

Here’s a great video of a speech delivered by Lord Nicholas Stern and sponsored by the International Monetary Fund (IMF) and World Resources Institute (WRI). Lord Stern, who is the chairman of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, explained how climate risks have changed six years after the publication of the Stern Review report, and what organizations and governments can do to transition to a low-carbon economy future. For more, check out the transcript of the speech and IMF Managing Director Christine Lagarde’s introductory remarks, and Stern Review .

Who’s leading the low-carbon race?

On March 26, 2013, in Renewable Energy Markets, by Joe Nyangon
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The centre of clean energy gravity is fast shifting to Asia, with China taking the lead. In a new report developed by Australian think tank The Climate Institute and GE, China has improved its global low-carbon competitiveness index significantly. The report ranks France, Japan, China, South Korea and the UK in the top five positions. […]

The centre of clean energy gravity is fast shifting to Asia, with China taking the lead. In a new report developed by Australian think tank The Climate Institute and GE, China has improved its global low-carbon competitiveness index significantly.

The report ranks France, Japan, China, South Korea and the UK in the top five positions. China has leapt ahead of its previous ranking from 7th to 3rd while U.S. is now 11th down from 8th position. Australia is ranked 17th. The report attributes the latest decline in U.S. ranking to “lower public equity investment in clean energy, shrinking high-tech exports and a surge in reliance on emission intensive air freight.”

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China’s growth in cleantech investment is boosted by high-tech exports and a rise in global public equity investment in clean energy. Read more

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