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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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A Business Opportunity With Exponential Benefits: Linking Agriculture and Energy To Improve Livelihoods in Africa
Agriculture contributes around 23% of sub-Saharan Africa’s GDP, and energy access can help drive agricultural development. However, Scarlett Santana at RMI points out that the region has few businesses enabling productive energy uses in agriculture, and the lack of electricity for mechanization is limiting growth in rural communities. She explores the opportunities that exist for agribusinesses that link their investment and other business decisions to energy considerations – and for energy businesses that link their efforts to agriculture.
- Categories
- Agriculture, Energy, Entrepreneurship
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IBM Pledges to Reskill 30 Million People by 2030
IBM has pledged to give 30 million people worldwide new technology-based skills by 2030 through local partnerships with education providers, government departments and other organisations across 30 countries.
- Categories
- Education, Technology
- Region
- Global
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Germany Pledges $116 Million for Renewable Energy in Africa
Germany has pledged to contribute US $116M to the African Development Bank‘s (AfDB) Sustainable Energy Fund for Africa (SEFA) to support private investments in renewable energy in Africa.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Optimizing Results-Based Financing for Off-Grid Energy: Why Localization Can Provide a Pathway to More Effective Investment
Leading investors across the energy access sector have embraced results-based financing (RBF) as a key mechanism to unlock private capital for small-scale solar and mini-grid businesses, and to advance the world toward universal electrification. But according to Audrey Desiderato at SunFunder and Martijn Veen at SNV, the remote design and management of RBF programs increases the risk that these funds will exclude local actors and innovation. They share findings from a recent white paper exploring the need for more localization in results-based financing for off-grid energy.
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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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