We believe that business-led solutions are essential to meet the energy needs of rural populations living in developing countries. We curate and share links related to: renewable energy, energy efficiency, energy entrepreneurs, microfinance, impact investing, business development, solar, wind, hydropower, biomass, phone-charging, briquette and cookstoves small businesses, with a particular focus on sub-Saharan countries.
AlphaMundi Group is proud to announce the beginning of collaborations with two companies which provide energy solutions in East Africa. As a part of the collaborations, Fenix International and SolarNow will receiveinvestments from AlphaMundi’s Social Alpha-Bastion impact fund to finance the next stage of their growth.
The African Development Bank has established a Fund to absolve the risk of SME funding on the continent. The Fund takes on 50 percent of the risk of commercial banks in lending to Small and Medium Enterprises (SMEs) in Africa, according to the AfDB.
Given the importance of the financial industry in shaping the world’s response to climate change and the rapidly increasing global demand for new energy solutions, Frankfurt School of Finance & Management decided to develop its course on Sustainable Energy Finance (SEF). Now we are proud to present our two Summer Academies for 2012 within the new framework of the Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance (the Centre).
Still, incentives are weak. Political will for energy expansion is in short supply, especially as glitches in existing infrastructure drain public funds. This suggests that significant funding for energy projects will need to be sourced internationally, but current donor-led international financing is not without its share of pitfalls. Liberia comes to mind (as discussed in my last post on clean energy), as does South Africa.
Ethiopia's efforts to increase energy efficiency and diversify its hydro-dependent energy mix through renewable energy got a USD 50 million boost from the Climate Investment Funds (CIF) committee meetings last week when Ethiopia's investment plan under the Scaling Up Renewable Energy Program for Low Income Countries (SREP) was endorsed in full by CIF committee members.
The Inter-American Development Bank (IDB) has signed a co-financing agreement with the Japan International Cooperation Agency (JICA) to make funds available for green energy development in the Caribbean and Central America: The Inter-American...
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