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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, Entrepreneurship
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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?
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- Energy, Entrepreneurship, 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, Entrepreneurship
- Tags
- renewable energy, solar
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Symbiosis Project to Help Light Up Village Homes
PUNE: Students from the Social Entrepreneurship and Consulting Cell of Symbiosis Institute of Business Management ( SIBM) have come up with a project to provide low-cost lighting units to rural households without electricity.
- Categories
- Energy, Impact Assessment
- Region
- South Asia
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A Wish for Sharing: Why Social Entrepreneurs Don’t Need A Bottled Genie to Gain
More often than not, entrepreneurs who share the same mission – ending energy poverty, hesitate to share resources, even if we all benefit. What are we afraid of? Is it the fear that all our hard work simply paved the way for someone else to get credit for lifting a billion villagers out of energy poverty? Or maybe it’s the bucks we were planning to make while perusing our lofty goal?
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- Energy, Entrepreneurship
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Citi Leads Investment in SJF’s New Fund
he team at SJF Ventures had to undergo federal background checks, submit fingerprints and provide 20 references each in order to obtain a license from the Small Business Administration for its new nationally focused impact investment fund, SJF Ventures III LP.The fund could be a potential new funding source for some start-ups with a social good focus.
- Categories
- Energy, Entrepreneurship
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ADB Plans to Invest $100M in Environment Fund
The Asian Development Bank is expected to invest about $100 million in a multinational fund that will be put up to boost investments in environment-related technologies and projects in developing countries like the Philippines.
- Categories
- Energy, Entrepreneurship, Technology
- Region
- Asia Pacific
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