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Achieving Green and Inclusive Markets Through Public-Private Collaboration: A Bright Spot at Rio
In the midst of the shortcomings of the recent Rio+20 Earth Summit, there were bright spots that offered hope that a sustainable future is possible.
One of these was a half-day session at the Rio+20 Corporate Sustainability Forum called, “Enabling green and inclusive markets – a case for public-private collaboration.” A joint initiative of the Donor Committee for Enterprise Development and the United Nations Global Compact, in collaboration with WRI’s New Ventures initiative, the session offered a glimpse of how “green” and “inclusive” markets can flourish as a result of the collaborative efforts of entrepreneurs, governments, civil society, and bilateral and multilateral donors.- Categories
- Energy, Environment
- Tags
- renewable energy
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What the SOCCKET is (And What it is Not)
It looks like the prototype do-gooder-gimmick – a football (soccer ball) that produces and stores electricity, which can power a solar lantern at night. Each ball financed by Western backers, they are donated in developing countries. I had the chance to kick it at the Rio Summit – it’s a fun concept, but does it hold up to its promise?
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- Energy, Technology
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Is A Clean Energy Access Market Finally Emerging ?
The fact that the poor are willing to pay for clean energy has been known for some time. The WRI-New Ventures Power to the People had estimated the Indian market for clean energy at about USD 2 billion a year. The IFC(W) report From Gap to Opportunity that estimates the total worldwide spend of the poor at about USD 37 billion on poor-quality energy solutions.
- Categories
- Energy
- Tags
- renewable energy
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A Day at Husk Power University
Acumen Fund invested in Husk Power Systems (HPS) in 2010 to help scale their innovative business model of using discarded rice husks as a source for rural off-grid electricity generation. HPS has since expanded to over 90 plants all over Bihar, India, and has launched Husk Power University (HPU), a technical training institute for future mechanics and operators for HPS. I spent a day there.
- Categories
- Education, Energy, Environment
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Will invest US $ 1 bn in India for inclusive growth and climate change: Karin Finkelston
A member of World Bank Group, International Finance Corporation (IFC) has chalked out its investment plans for India focusing mainly on the renewable energy sources and targeting the bottom of the pyramid. Karin Finkelston, vice president, Asia Pacific talks to Rutam Vora on IFC's investment plans in India during the current year. Edited excerpts:
- Categories
- Energy
- Region
- South Asia
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The Energy Access Crunch: Exploring Public-Private Solutions for Getting Power to the People
The lack of energy access is a drag on human development around the world, and it will take an increase in funding as well as the public and private sectors working together to solve this problem. That was one of the conclusions at the workshop, “Fairness and Transparency in Climate Funding: Taking into account the Needs of the Poorest Populations” on May 11 in Bangkok.
- Categories
- Energy
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Achieving Sustainable Energy for All Hinges on International Cooperation and Leadership
This year was designated the International Year of Sustainable Energy for All by the UN General Assembly to raise awareness and promote the three objectives: clean energy access, energy efficiency, and renewable energy. 2012 is also the year of the Rio+20 UN Conference on Sustainable Development, to be held in late June. The moment is ripe for action, and lofty goals have been set, but where to begin?
- Categories
- Energy, Environment
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Plug and Play: Energy Access at the BoP
In India, almost 290 million people lack access to electricity, according to the 2011 survey by the International Energy Agency. While people in the developed world have access to light with the simple flip of a switch, people in rural India and other parts of the developing world struggle at the base of the energy access ladder. Improving energy access for the bottom of the pyramid is a steep challenge – as the poor ascend this ladder, they move from using traditional fuels like wood and kerosene towards universal access –what most of the developed world takes for granted.
- Categories
- Energy
- Tags
- renewable energy, solar