A leaked version of the Energy Council’s proposed revision to the EU’s key energy infrastructure regulation – seen by NGOs – would lock in political and financial support for fossil gas for at least the next ten years. The revision of the TEN-E regulation – that dictates which energy infrastructure projects the EU fast-tracks and… Continue reading Leaked document suggest proposed revised EU energy law a huge step backwards on climate
Tag: finance
Why South Africa needs a new water agency
Mike Muller Water infrastructure takes many years to plan and build and needs to be structured as a multi-year operation. But the planning and expenditure of government departments, like the Department of Water and Sanitation, is still controlled through annual budgets. These do not support a multi-year planning or allow loans to be raised to… Continue reading Why South Africa needs a new water agency
130 banks holding USD 47 trillion in assets commit to climate action and sustainability
In a boost for climate action and sustainability, leading banks and the United Nations launched the Principles for Responsible Banking. In the Principles, launched one day ahead of the UN Climate Action Summit in New York, banks commit to strategically align their business with the goals of the Paris Agreement on Climate Change and the… Continue reading 130 banks holding USD 47 trillion in assets commit to climate action and sustainability
G20 Finance Ministers Must Face Climate Risk to Economy
Systemic response required as more banks back away from coal Finance ministers and central bankers representing 90% of the global economy (the “G20”) will meet under increasing pressure to regulate and prepare financial markets for the threat of climate breakdown. “Overall the financing from commercial banks and development banks from G20 member countries continues to… Continue reading G20 Finance Ministers Must Face Climate Risk to Economy
Managing the transition from aid: lessons for donors and recipients
Annalisa Prizzon The past 15 years have seen 35 low-income countries (LICs) achieving middle-income country (MIC) status. While income per capita is only one measure of a country’s economic and social development, the move to MIC status can shape its mix of financing resources and often triggers donor discussion on whether to reduce or even… Continue reading Managing the transition from aid: lessons for donors and recipients
Integrated finance for climate and poverty vulnerability
The ultimate successes and failures of climate finance will have diverse consequences for populations living in poverty Climate change induced risks are undermining efforts towards sustainable development of the planet, including progress on the eradication of poverty especially in LDCs, and it has posed significant threats from the global to the local level economic, social,… Continue reading Integrated finance for climate and poverty vulnerability
What is 5D money for a city of the future?
This is an introduction to Multidimensional Monetary Systems. The model here is based on 5 dimensions and it was conceived for a self-sufficient city. Music: Royalty Free Jazz Music Vol 1: “Tuesday Dawn” and “Wave of Content”. © 2017 Pukika.
Clean Solar energy, brings light to Kenya’s villages
Marianne de Nazareth Head quartered in Nairobi, M-KOPA Solar has connected over 375,000 low-income homes to affordable , safe and clean energy in Africa – with 550 new homes being added every day making them the world’s leading ‘pay-as-you-go’ energy provider to off grid homes Rural Africa is very similar to India. Most villages have no… Continue reading Clean Solar energy, brings light to Kenya’s villages
What the Green Climate Fund really means for international development
Marc Gunther In its seventh year, progress for the fund has been slow. What will it take to fulfill the GCF’s promise? When the world’s poor countries demanded action during the failing United Nations–led climate negotiations in Copenhagen in 2009, the U.S. government responded with a promise: It would help raise US$100 billion a year… Continue reading What the Green Climate Fund really means for international development
From Zorro to Zombie: the rise and fall of the microcredit movement
Milford Bateman, Juraj Dobrila University of Pula, Croatia The global microcredit industry has achieved nothing more for the mass of clients than to plunge them into deep debt and irretrievable poverty. This is part of a series The Conversation Africa is running on financial inclusion and micro credit and their role in economic development. Thirty… Continue reading From Zorro to Zombie: the rise and fall of the microcredit movement
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