The Moscow Times writes that a “tsunami” of projects and funding in renewable energy technology is about to unleash in Russia. The World Bank will start a multimillion-dollar “greenfield program” of consulting and investment with some USD165 million. The IFC has set aside another USD150 million for direct investment, and another USD5 million could be [...]
13 Dec 2010
by Lauri Kinnunen (www.energy-enviro.fi) - Category: Contributed News
The UN Climate Change Conference in Cancun, Mexico, ended on Saturday with the adoption of a balanced package of decisions that set all governments more firmly on the path towards a low-emissions future and support enhanced action on climate change in the developing world. The package, dubbed the “Cancun Agreements” was welcomed to repeated loud [...]
12 Dec 2010
by James Smith (REEEP Community Facilitator) - Category: Events, REEEP
Back in Europe and (mostly) recovered from jet-lag, I’m getting round to a slightly belated post on the COP16 official side event hosted by REEEP and IETA. Entitled Finance to push forward clean technology: a forum for business and policy-makers, the event brought together a range of prominent figures from governments, multilateral organisations and the [...]
10 Dec 2010
by Lauri Kinnunen (www.energy-enviro.fi) - Category: Contributed News, Events
Several environment ministers said on Wednesday that failure at the talks in Cancun, Mexico, could undermine faith in the ability of the United Nations to tackle global problems in the 21st century as power shifts toward emerging nations led by China and India, writes Reuters. “I think that what is at stake here is also [...]
Tuesday afternoon saw the commencement of the High-level Ministerial segment of the COP16 negotiations, opened by Christiana Figueres, UNFCCC‘s Executive Secretary. She stressed that the political stakes in the negotiations are very high; that the environmental stakes are very high; and that we have to honestly assess the effects of our actions on the most [...]
Rumour has it that the COP 16 President, Patricia Espinosa, invited all Ministers attending the COP16 negotiations to a nice dinner on the beach on the weekend. After the dinner, Ms Espinosa asked everyone to take off their shoes and walk with her on the beach. After a short stroll they arrived at a turtle [...]