Energy

EBRD Supports Hydropower Project in Ukraine [viewed]

29 September 2011: The European Bank for Reconstruction and Development (EBRD) has approved a loan to finance upgrades of hydro- and electro-mechanical equipment at Ukrgidroenergo's (UHE) hydropower plants. UHE is Ukraine's state-owned operator of large hydro-generating and pump storage facilities.

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Event: Energy for All: Financing Access for the Poor [viewed]

The Oslo Energy for All 2011 high-level conference is co-organized by Norway and the International Energy Agency (IEA), and aims to explore possible ways of financing access to energy for the 1.4 billion people without access to electricity and 2.5 billion people who still use traditional biomass for cooking. Five countries from the South - Brazil, Ethiopia, India, Liberia and South Africa – have been invited to be organizing partners. High-level participants will include Norwegian Crown Prince Haakon Magnus, Norwegian Prime Minister Jens Stoltenberg, UN Secretary-General Ban Ki-moon, and UN Industrial Development Organization (UNIDO) Director-General Kandeh Yumkella. Registration is by invitation only.  

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OECD/IEA Report Calls for Fossil Fuel Subsidies Reform [viewed]

4 October 2011: The International Energy Agency (IEA) and the Organisation for Economic Co-operation and Development (OECD) have jointly released a publication titled “Inventory of estimated budgetary support and tax expenditures for fossil fuels,” which highlights the need to reform fossil-fuel subsidies to improve the economy and environment.

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Pacific Islands Forum Secretariat Announces Renewable Energy Project in Cook Islands [viewed]

3 October 2011: The Pacific Islands Forum Secretariat (PIFS) has announced the approval of US$1 million funding for a solar power project on Rakahanga in the Cook Islands.

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CIF Endorses Kenyan Plan to Develop Renewable Energy Resources [viewed]

30 September 2011: The Climate Investment Funds (CIF) have approved funding for Kenya's investment plan to scale up and develop its renewable energy resources, which will enhance their energy security, increase electricty access, reduce supply costs and bring socioeconomic benefits to local communities.

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AfDB, Eskom Sign Renewable Energy Loan Agreement [viewed]

25 September 2011: The African Development Bank (AfDB) has signed a US$365 million loan agreement with Eskom, an electricity company that operates in the countries of the Southern African Development Community (SADC), to implement large-scale wind and solar generation projects.

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IDB to Fund Energy Efficiency Investments in Central America [viewed]

IDB3 October 2011: The Inter-American Development Bank (IDB) is partnering with the Nordic Development Fund (NDF) to launch a programme for companies in Central America to adopt clean technologies and improve their energy efficiency.

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Latin American Carbon Forum Calls for CDM Continuity [viewed]

30 September 2011: The sixth Latin American and Caribbean Carbon Forum concluded in San José, Costa Rica, with calls by carbon project developers and the private sector to clarify the future of the Clean Development Mechanism (CDM) and other carbon finance options.

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CDM Executive Board Calls for Public Inputs on New Methodologies and Standardized Baselines [viewed]

UNFCCC29 September 2011: At its 63rd meeting, the Executive Board of the Clean Development Mechanism (CDM) agreed to open four new calls for public input on a new draft renewable energy methodology, suppressed demand, standardized baselines and new draft small scale methodologies.

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Central America Workshop Discusses Water Management and Climate Change [viewed]

23 September 2011: The Central American Commission on Environment and Development (CCAD), the Central American Bank for Economic Integration (BCIE), the International Union for Conservation of Nature (IUCN), and the Global Water Partnership - Central America (GWP-CA) recently organized a workshop titled “Regional Development in the Context of Water and Climate Change."

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