Finance
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- Event 26 May 2025 Webinar Series: Advancing Waste Management through Carbon Markets in Pakistan Following the success of the first webinar, which introduced the fundamental concepts of carbon markets and Article 6 and discussed project development in Pakistan, the second webinar will delve deeper into the waste management sector. The sector is a critical area of focus for Pakistan's climate action efforts. As urbanization and industrialization continue to rise, the country faces increasing pressure to manage its waste effectively, particularly to mitigate the methane emissions from…
- News 23 May 2025 Malawi Charts a Greener Financial Future In a move that could serve as a model for climate-vulnerable nations across Africa, the Reserve Bank of Malawi (RBM) has responded to the climate crisis by expanding its role in greening the financial sector. The initiative, supported by the UNEP Copenhagen Climate Centre and funded by the NDC Partnership, culminated in the release of a feasibility study and internal roadmap that lay out a phased, actionable plan for accounting for climate-related financial risk in…
- Event 16 May 2025 Super ESCO approach for implementing energy efficiency in municipalities, the case of Canada The Super ESCO concept has been used for the implementation of energy efficiency (EE) projects in public sector facilities in some countries. Most of the individual targeted facilities have been rather large in size to accommodate the use of Energy Performance Contracting (EPC). The present case, coming from Canada, is quite innovative as it is using the Super ESCO concept in order to implement EE projects in the municipal sector, which is mainly structured by an important number of small…
- News 9 May 2025 Successful Symposium Highlights Potential of ESCOs in Climate Action This week, the 2nd International ESCO Symposium underscored the importance of energy service companies (ESCOs) in financing energy efficiency projects. ESCOs utilize energy savings to pay for the cost of equipment and infrastructure, making them a vital component in the transition to a low-carbon future. The symposium, organized in cooperation with the Global ESCO Network, was held in Istanbul from May 7 to 8, and successfully brought together global leaders in the energy services sector…
- Project 22 April 2025 Supporting the Reserve Bank of Fiji to increase sustainable finance in Fiji As a small island state with an economy in development and reliant upon tourism and the primary sector, Fiji is highly vulnerable to the impacts of climate change. Given its high exposure, the Government of Fiji has been proactive in developing climate policies to mitigate climate change, and adapt to and address its impacts, while ensuring inclusive economic development. The mobilization of finance is a key for the implementation of Fiji’s ambitious policy programme. To this end, Fiji has…
- News 22 April 2025 Kenya takes a major step forward with new energy management regulations On February 7th, 2025, the Kenyan Parliament passed comprehensive Energy Management Regulations, which among other things is regulating the energy services market, including Energy Service Companies (ESCO). This legislation, a major update of the Energy Management regulation from 2012, is a significant step towards enhancing energy efficiency and promoting sustainable development in Kenya. The new regulations are well-aligned with policy recommendations provided by UNEP Copenhagen Climate…
- Webinar & E-Learning 11 April 2025 The ESCO market in the Philippines – A recipe for success (Webinar) - 09.04.2025 While the ESCO market in the Philippines has over a quarter-century history behind it, it received a huge boost when an inclusive and comprehensive energy efficiency law was enacted in 2019. This webinar covers progress since the enactment of the 2019 law, what is needed to reach its goals and how ESCOs can play a pivotal part in reaching them, as well as the barriers hindering this. The law, Republic Act 11285, mandates energy efficiency adoption in the public sector through a “whole-of…
- Event 7 April 2025 Article 6 Capacity Building for Industrial Partners in Pakistan Article 6 carbon markets offer climate mitigation and sustainable development opportunities, but technical readiness remains a challenge. Readiness includes policies, infrastructure, and systems to enable transparent carbon credit trading. The Supporting Preparedness in Article 6 Cooperation (SPAR6C) webinar series and its supporting materials will facilitate a sector-focused discussion about international carbon markets and Article 6, including national policies and strategies, project…