Finance
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- News 6 October 2021 Kenya kickstarts a Super ESCO for boosting energy efficiency The government of Kenya has announced the creation of a Super Energy Service Company (ESCO). The Super ESCO will develop and implement energy efficiency projects for both the public and private sectors and will be run by the Kenya Power and Lighting Company. The creation of the Super ESCO is supported by the African Development Bank and is based on Kenya's National Energy Efficiency and Conservation Strategy (KNEECS) developed with technical support from UNEP DTU Partnership's Copenhagen Centre…
- Webinar & E-Learning 28 September 2021 The Building Blocks of Residential Green Finance (Webinar) – 30.09.2021 The Building Blocks of Residential Green Finance – the rationale, methodology, and initial results of implementing a successful, international residential green finance program to benefit our citizens, the planet, and a climate-ready banking sector. What key trends are driving the substantial growth in the green finance market? How do homes in a bank portfolio contribute to both ambitious environmental performance and substantial financial risk reduction? What research and evidence is…
- Event 21 September 2021 AFRICA CLIMATE WEEK - AFFILIATED EVENT Country representatives will present the current status in pursuing NDC planning, implementation and share respective experiences, challenges and lessons learned. Additionally, this event will count on NDC Action project members to share experiences and lessons learned on NDC approaches. And provide NDC stakeholders opportunities to present their specific NDC implementation approaches, such as technologies, finance, and other aspects of NDC integration at the sector level. in partnership with…
- News 20 September 2021 New Street Lighting Energy Efficiency Calculator The tool quantifies the energy, financial and climate-saving potentials for moving away from existing inefficient street lighting technologies to intelligently controlled and efficient LED systems. With an analysis of the potential energy and CO2 savings, as well as a straightforward cost-benefit overview for any locality, city or country based on current street lighting technologies, the tool provides local governments with a detailed understanding of the specific savings and financial…
- News 16 September 2021 World is off track to meet Paris Agreement climate targets COVID-19 did not slow the relentless advance of climate change. There is no sign that we are growing back greener, as carbon dioxide emissions are rapidly recovering after a temporary blip due to the economic slowdown and are nowhere close to reduction targets. Greenhouse gas concentrations in the atmosphere continue at record levels, committing the planet to dangerous future warming, according to a new multi-agency United in Science 2021 report. Rising global temperatures are fuelling…
- Event 14 September 2021 The Building Blocks of Residential Green Finance (Webinar) 30 September, 2021 02:00 PM CEST The Building Blocks of Residential Green Finance - the rationale, methodology, and initial results of implementing a successful, international residential green finance program to benefit our citizens, the planet, and a climate-ready banking sector. What key trends are driving the substantial growth in the green finance market? How do homes in a bank portfolio contribute to both ambitious environmental performance and substantial financial risk reduction? What…
- Event 13 September 2021 Unshackling ESCO Potential: Public Financial Mechanisms that Enhance the Viability of ESCO Projects In order to reduce the annual growth in global energy demand through 2040 from 1.0% to 0.3%, an estimated USD 24.5 trillion in energy efficiency (EE) investments will be needed. Across developed energy service markets around the world, the public sector can potentially mobilize the bulk of that capital by creating a demand for ESCO services and introduce financial mechanisms that will enhance project viability. Such initiatives could include the use of energy performance contracting in public…
- Webinar & E-Learning 8 September 2021 Building trust in ESCOs in a developing country context: the case of Kenya (Webinar) – 24.08.2021 To achieve their Nationally Determined Contributions (NDCs), developing countries need to enhance their efforts and skills to make improvements in energy efficiency that require relatively less investment. Energy Service Companies (ESCOs) are recognized as potentially important contributors to such improvements, but the ESCO markets are not yet well developed in developing countries. Kenya has a relatively blank sheet of paper for developing the right frameworks for ESCOs to address the…