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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
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25 Jul 22
A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
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14 Jul 22
Developed governments have failed to use the energy crisis to fund incentives for the transition to renewable energy, delegates at Public Finance Live were told.
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21 Jun 22
Annual investment of $25bn for the next decade would allow Africa to meet its energy goals and reverse current backsliding on energy access, the International Energy Agency has said, calling for...
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24 Sep 19
Coal-fired electricity is to be phased out in Greece and Hungary as the countries’ leaders pave the way for a transition to renewable energy.
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26 Jul 19
Efforts to help Tonga’s most remote islands become self-sufficient in energy have been given a major boost by the Asian Development Bank.
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25 Jul 19
Between 2010 and 2017 60% - £4.6bn - of the UK’s support for energy in developing countries went towards fossil fuel sources, according to analysis by the Catholic Agency for Overseas Development....
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31 May 19
The World Bank has convened an international partnership aimed at boosting energy storage – vital for renewable power - in developing countries.
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3 May 19
It has traditionally been difficult for investors to assess the credit risk of investing in renewable energy of the Pacific nations - but that could be about to change, explains the Asian Development...
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26 Mar 19
Wind and solar power in the US are now cheaper than coal in a major setback for president Donald Trump’s promise to revive the ailing fossil fuel industry.
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19 Dec 18
The UK has pledged £100m extra funding to renewable energy projects in Africa giving hundreds of thousands access to electricity, the government has announced.
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13 Oct 17
The government of Vanuatu and the Asian Development Bank have struck a $15.1m agreement for renewable energy.
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22 Sep 17
The Asian Development Bank has approved two loans, totalling $1.1bn, to strengthen Indonesia’s energy sector and promote growth and development.
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7 Jul 17
G20 governments are giving nearly four times more public finance to fossil fuels than green energy, according to campaigners.
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11 Oct 16
Civic leaders are increasingly taking on the responsibility for sourcing city energy supplies to secure a clean energy future for citizens, a report by Arup has found.
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29 Jul 16
Nigeria’s ministry of works has already spent nearly a quarter of its increased budget in less than three months as part of a programme to boost capital spending, the country’s minister for power,...
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27 Jul 16
The environmental and social impacts of a $14bn hydropower dam will be assessed before construction begins later this year, the African Development Bank has guaranteed.
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16 May 16
Solar power in India is to get a $625m World Bank boost, enabling widespread installation of solar panels on rooftops across the country.
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8 Apr 16
The World Bank has outlined how it plans to uphold a pledge to scale up its annual investments in tackling climate change by one third in a new Climate Action Plan.
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31 Mar 16
China blazed ahead of the rest of the world in terms of investment in renewable energy last year, spending a total of $103bn, or 36% of the world total.
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9 Mar 16
The African Development Bank has won Green Climate Fund accreditation, meaning funds can now be channelled to the continent through the bank as an implementing agency.
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29 Feb 16
The Asian Development Bank has backed a first-of-its-kind, $225m local currency climate bond from a Philippines renewable energy firm with a 75% guarantee.
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24 Feb 16
The UK’s Department for International Development has announced a partnership with a global mobile operators organisation, which will see mobile technology used to provide life-enhancing services to...
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5 Feb 16
The first element of the world’s largest solar plant was switched on in Morocco yesterday, a major step towards massively reducing the country’s oil dependency.