Industrial Development

EuropeAid Launches Rural Electrification Financing Initiative [viewed]

European Union2 October 2014: In an effort to accelerate rural electrification in developing countries, the European Commission's Directorate-General for Development and Cooperation (EuropeAid) has launched an ‘Electrification Financing Initiative' (ElectriFI), which aims to generate business opportunities in this area by supporting the private sector.

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Policy Update #16: UN Climate Summit Resets Course for High-Level Climate Debate [viewed]

“dear matafele peinam… they're marching for you, baby they're marching for us because we deserve to do more than just survive we deserve to thrive.” (Kathy Jetnil-Kijiner, Marshallese poet, writer, performance artist and journalist speaking at the opening of the 2014 Climate Summit)

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IEA, ASEAN Strengthen Collaboration on Energy Efficiency, Renewables [viewed]

iea-asean2 October 2014: The International Energy Agency (IEA) and the Association of Southeast Asian Nations (ASEAN) have issued a joint statement applauding past collaboration and outlining future joint activities. The IEA-ASEAN joint statement builds on a memorandum of understanding (MoU) between the two organizations from 2011, serving as the basis for annual AMEM-IEA joint dialogues.

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CCXG Forum Addresses Climate Policy Linkages, Energy and Land Transformations [viewed]

oecd.iea17 September 2014: The Climate Change Expert Group (CCXG) held its second Global Forum in 2014, bringing together country delegates and experts for an informal dialogue on, inter alia, streamlining the UNFCCC process, enhancing coordination and linkages, financing mitigation and adaptation, transforming the land and energy sectors and stimulating clean energy research and development (R&D).

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BNEF: Global Clean Energy Investments on the Rise [viewed]

bloombergnewenergyfinance2 October 2014: According to Bloomberg New Energy Finance (BNEF), over the first nine months of 2014, global investments in clean energy were 16% higher than during the same period in 2013. Total clean energy investments in this period reached US$175 billion. Investments in the third quarter of 2014 were similarly higher than in the previous year, driven in part by record-high investments in solar energy in China and Japan.

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September 2014 Sustainable Energy Finance Update [viewed]

climatefinanceoctSeptember 2014: During the month of September, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in various countries, including Albania, Burkina Faso, Jordan, Kazakhstan, Peru and Republic of Congo.

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IEA Projects 27% Share for Solar PV, Thermal by 2050 [viewed]

IEA29 September 2014: By 2050, solar energy could become the world's largest source of electricity, accounting for 27% of total world power generation, according to the International Energy Agency's (IEA) technology roadmap studies on solar photovoltaic (PV) energy and solar thermal electricity (STE). The two publications present the IEA's views on the required level of deployment in a scenario of ambitious mitigation action and low supply from other clean technologies.

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India, US Establish Strategic Partnership on Clean Energy and Climate Change [viewed]

india.us1 October 2014: The US and India have agreed to a series of sustainable energy and climate change joint measures under a new strategic partnership on energy security, clean energy and climate change. The announcement was made during the first bilateral summit of India's Prime Minister Narendra Modi and US President Barack Obama, which took place from 26-30 September in Washington DC, US.

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September 2014 Climate Finance Update [viewed]

adb-afdb-eib-idb-cif-worldbank-gef-ifad1 October 2014: In September 2014, the African Development Bank (AfDB), the European Investment Bank (EIB), the Inter-American Development Bank (IDB), Climate Investment Funds (CIF), the Global Environment Facility (GEF), the International Fund for Agricultural Development (IFAD) and the World Bank reported on various climate finance developments, including in the areas of green bonds, transport, forest emissions and climate resilience.

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AfDB Launches Green Growth Framework [viewed]

AfDB30 September 2014: The African Development Bank (AfDB) has released its Green Growth Framework, which will serve as a basis for its future work on green growth. The framework, titled ‘Entry points for action for transition to Green Growth in Africa,' aims to provide Bank staff with a common understanding on the principles and practice of green growth and on entry points for engaging with member countries in transitioning towards green growth.

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