Ministers from poor and emerging economies call on donors to top up the Climate Investment Funds.
According to new analysis from the Clean Energy Innovation Fund specialist cleantech investors are expressing strong confidence in Australia’s innovative clean energy sector, with 82 per cent expecting to increase investment levels over the next five years.
Marking a “monumental” shift that energy market analysts say is “the start of the end for thermal coal” major Japanese investors, including those most indebted to coal, are seeking to back large-scale renewable energy projects across Asia.
As financial close approaches for a 2,000 MW coal-fired power station in Java, NGOs say Southeast Asia’s largest bank should pull out of a project that is polluting and financially risky. Meanwhile a new study has found that every two weeks another financial institution drops coal.
Read more: https://www.cnbc.com/2018/02/23/cost-not-climate-is-driving-transition-to-renewables-blackrocks-jim-barry.html
Read more: https://www.adb.org/sites/default/files/publication/356466/nepal-energy-assessment-road-map.pdf
Read more: http://www.iea.org/bookshop/759-World_Energy_Investment_2017
Read more: https://www.iea.org/publications/freepublications/publication/WEI2016.pdf