Tuesday, January 16, 2018

UPDATED – Puerto Rico’s Power Sector in New Crisis After U.S. Aid Falls Short 

Puerto Rico keeps asking for help but its pleas are falling on deaf ears. On Thursday, the U.S. announced it would dispatch 350 utility workers...

Innovation, Policy Rejigs to Unlock $30T in Climate Finance

Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of...

World Bank Commits $35M to Haiti Renewable Energy

The World Bank’s Board of Executive Directors approved two grants totaling US$35 million to improve access to electricity for more than two million Haitians,...

EXCLUSIVE: U.S. Green Banks Earmark $1.3B Into U.S. Enviro Projects

Colorado, Missouri and Nevada could be the next U.S. states to host a green bank as a growing number of such entities work to...

UN Environment Funds $1B for Sustainable Agriculture

Rabobank and UN Environment announced today the creation of a new 1 billion dollar facility to finance sustainable agriculture using a combination of public...

BNP Paribas Ends Shale and Tar Sands Financing

BNP Paribas has announced it will take further measures to accelerate its support of the energy transition: The BNP Paribas Group will no longer...

Myanmar to Host Water Supply and Sustainable Development Forum

Myanmar Water 2017 is back for its 5th edition as a continuous push towards Myanmar's sustainable development on water supply and sanitation, its organizers...

GCF approves $393M of Kazakhstan and Argentina Green Projects

The Green Climate Fund (GCF) concluded its last board meeting of 2017 by approving 11 new projects and programmes valued at USD 392.86 million...

World’s Financial Capitals Lobby for Sustainable Finance

Over 10 of the world’s leading financial centres today agreed to promote strategic action on green and sustainable finance, at the first-ever international meeting...

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COP23: Financing Talks Make ‘Disappointing’ Progress – Again

BONN -- The COP23 financing agenda ended in stalemate early Saturday as developing and developed countries continued to haggle over how $100 billion of...

COP23: Financing Stalemate Highlights ‘For-Profit Vs Aid’ Debate

BONN -- The COP23 financing agenda ended in stalemate early Saturday as developing countries failed to persuade rich ones to accelerate financing amid mounting...

UPDATED: IFC Sees $23T in Green Building, Energy Storage Opps

BONN – The International Financing Corporation envisages $23 trillion in climate investment opportunities in 12 years, led by green buildings and energy storage, executives...