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Analysis: Staying True to the Paris Agreement Could Hobble Booming Carbon Offset Market
The booming voluntary market for CO2 emission offsets is facing a hairy double counting issue that could stop further growth in its tracks. Researchers and NGOs propose new ways of letting companies invest in energy and climate projects in the global south – without letting them use carbon credits towards their emission budgets.
- Categories
- Energy, Environment
- Region
- Global
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Tata Power Looking To Raise $500 Million for Renewables Unit in India
Tata Power is in talks with large pension and sovereign asset managers, including Canada Pension Plan Invest Board and Government of Singapore Investment Corp. to raise at least $500 million ahead of a planned initial public offering by its renewable energy unit.
- Categories
- Energy, Investing, Technology
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Green Climate Fund invests US $150 Million in African Development Bank’s Desert to Power initiative
Desert-to-Power is a flagship renewable energy and economic development initiative led by the African Development Bank whose objective is to light up and power the Sahel region.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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US Developer Lands $1.75 Million Deal for Nigerian Mini-Grids
Former start-up Husk, which originally based its business on renewables powered by rice industry waste products, has agreed to develop seven solar-plus-storage mini-grids across rural communities in Nasarawa state.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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World Leaders Pledge $400 Billion to Boost Clean Energy and Renewables
The pledges include projects to expand access to electricity in developing countries and improve energy efficiency.
- Categories
- Energy
- Region
- Global
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Sun Exchange Secures $2.5 Million Convertible Note Financing
The latest investment enables Sun Exchange to continue scaling its success using its crowd-based solar leasing platform to facilitate solar power for small-to-medium organisations in Sub-Saharan Africa,
- Region
- Sub-Saharan Africa
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How Can We Get Hydrocarbon-Rich Nations To Board the Electric Vehicle Wagon?
As the fourth largest source of carbon emissions, global transport must decarbonize.
- Categories
- Energy, Environment
- Region
- Global
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Press Release: Energy 4 Impact, Mercy Corps, Announce Merger to Increase Access to Clean Energy
Energy 4 Impact and Mercy Corps announced a merger to increase access to climate-smart, sustainable energy, improving the lives of millions around the world.
- Categories
- Energy, Environment
- Region
- Global
Parent Organization
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@NextBillion (link opens in a new window)
News Via @TechCrunch (link opens in a new window): @DeHaatTM (link opens in a new window) Raises $115 Million in the Largest #Agritech (link opens in a new window) Round in #India (link opens in a new window):… https://t.co/5Jl2aWUmIx (link opens in a new window) -
@NextBillion (link opens in a new window)
Analysis Via @cleanenergywire (link opens in a new window): Staying True to the #ParisAgreement (link opens in a new window) Could Hobble Booming #Carbon (link opens in a new window) Offset Market:… https://t.co/qgnvIAlKpy (link opens in a new window) -
@NextBillion (link opens in a new window)
#Virtual (link opens in a new window) Event 11/9 Via @devex (link opens in a new window): Cop Out or Radically Change the Way the World Pays for #Disasters (link opens in a new window):… https://t.co/s2Dsv5KXeL (link opens in a new window)
