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The Biggest Players in Coffee Pledge to Slash 1.5 Gigatonnes of CO2 by 2050
A global coalition of over 150 major coffee producers, traders, roasters and retailers have collectively pledged to slash their CO2 emissions by "at least" 1.5 gigatonnes by mid-century, unveiling a plan to ramp up investment in smallholder farms and tropical forest restoration.
- Categories
- Agriculture, Environment
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Financial Inclusion During – and After – COVID-19: Three Takeaways From a (Very Different) European Microfinance Week 2020
The 2020 European Microfinance Week encapsulated much about the financial inclusion sector – the good, the bad and the simply confusing – as it navigated the historic challenges of the past year. Sam Mendelson at e-MFP shares three broad takeaways from the event, representing three key priorities for the inclusive finance industry as it seeks to adapt to the COVID-19 crisis – without overlooking other essential priorities.
- Categories
- Coronavirus, Finance
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Analysis: Africa: Energy Efficiency for Developing Countries – Pivoting From Fewer Inputs to More Outputs
Energy efficiency (EE) is often marketed as a tool to save energy and money. The oft-repeated mantra is doing "more with less", namely producing more goods with less energy. But, as set out in a recent World Bank report (which I co-authored), EE can do something that is often much more important for developing countries: it can produce the additional goods and services needed to raise standards of living.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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In Latin America, Farmers Use Microfinance to Fight Climate Change
Globally, more than 1.5 billion people live or work on small farms, like Gomez's. They often cannot afford the advanced technology that could help them contend with the fallout from climate change.
- Categories
- Agriculture, Environment
- Region
- Latin America
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1.9 Megawatt Solar-Plus-Storage Project for Nhimbe Fresh, Zimbabwe
Following the close of a $4 million Series A funding round in June, momentum continues with Sun Exchange's expansion into sub-Saharan Africa and a landmark solar-plus-storage project. This multiphase project will power Nhimbe Fresh, an agriculture leader in Marondera, Zimbabwe.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Emerging Markets Ripe for Climate Deals, but Come With Social Costs, Risks
There is huge need for financing climate-related projects in emerging markets, but the social costs and the lack of return are acting as deterrents to global lenders.
- Categories
- Energy, Environment
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Press Release: First-Ever Peace REC (P-REC) Transaction Drives Renewable Energy Development in Africa
The first-ever Peace Renewable Energy Credit (P-REC) transaction has been executed by Microsoft with Energy Peace Partners (EPP) and project developer Nuru. In the agreement, Microsoft is purchasing P-RECs issued by EPP from a new solar project in the Democratic Republic of the Congo (DRC), which will directly finance the installation of streetlights in a recently electrified neighborhood of Goma, the capital of North Kivu province. The streetlights are connected to the same solar-plus-storage system which generates the electricity associated with the P-RECs. The transaction was facilitated by renewable energy, transportation decarbonization, and climate solutions specialist 3Degrees.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Etherisc To Offer Blockchain-Based Crop Insurance To Kenyan Farmers
The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa