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Emerging Cities Could Collect $29.4 Trillion In ‘Climate Cash’
Cities can lead the way for global actions to mitigate climate change, according to the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.
- Categories
- Energy
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Press release: SolarHome raises US$10 million in debt financing, targets 100,000 off-grid households in Myanmar by the end of 2019
The new funds will enable SolarHome, which has already installed close to 28,000 solar home systems, to accelerate expansion across Myanmar. Through this expansion, the company aims to reach 100,000 homes with its product packages that include budget, basic and premium solar system bundles for lighting and phone charging purposes, as well as TV bundles.
- Categories
- Energy
- Region
- Asia Pacific
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Press release: Sistema.bio attracts funding from Hivos-Triodos Fund
Hivos-Triodos Fund joins a group world-class impact and venture capital investors that support Sistema.bio’s mission to bring technology, training and financing to the smallholder farmers around the world.
- Categories
- Agriculture, Energy, Investing
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World’s first CO2 negative fuel to be presented at the UN Climate Summit
NextFuel is introducing a completely new energy solution to climate change that is CO2 negative, cheap, profitable and massively scalable in the form of a briquette made from elephant grass.
- Categories
- Energy
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Clean Power Sees First Win Over Fossil Fuels in Emerging Markets
Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF.
- Categories
- Energy
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ENGIE acquires controlling stake in Simpa Energy India
Simpa Energy India is the leading rural rooftop solar provider in India, selling solar home systems (SHS) to households and small businesses in rural areas of Uttar Pradesh, Bihar and Odisha.
- Categories
- Energy
- Region
- South Asia
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Press release: The Trade and Development Bank and USAID Sign Memorandum of Understanding to Power Africa
At the signing, the Trade and Development Bank’s President and Chief Executive, Mr. Admassu Tadesse, said, “TDB is very pleased to deepen its existing partnership with USAID in further support of the Power Africa Initiative, which resonates strongly with TDB’s strategy and mandate. We are proud to count USAID among our growing number of cooperating trade and development finance partners in the US.”
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Viewpoint: Should Paraguay invest its energy wealth in bitcoin ‘mining’ or fighting poverty?
The Itaipú dam is already enriching some, and they believe the country should invest more in cryptocurrency, while others argue it should spread Itaipú’s bounty more widely.
- Categories
- Energy, Technology
- Region
- Latin America
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