"Financing Clean Energy Access through Socially-Oriented Enterprises in Africa" workshop held in UgandaMonday, November 25, 2013
At a recently completed workshop in Entebbe, Uganda, with the support of the DOEN Foundation , WRI brought together pioneering social enterprises, key impact investors, and other important actors with a focus on energy access in East Africa.
Key discussions included finance barriers hindering the provision of decentra
U.S. public financing for overseas coal-fired power is likely coming to an end.
That’s the clear signal from the U.S. Department of Treasury’s announcement earlier this week. The Treasury Department provided new guidance for multi-lateral development banks’ (MDBs) financing of coal-fired power. These investments will now need to meet the same greenhouse gas requirements as the U.S. Environmental Protection Agency’s standards for new domestic power plants, which were announced earlier this year . The Treasury’s guidance on this matter applies to all MDBs receiving U.S. funding, essentially banning U.S. public financing for overseas coal-fired power plants. At institutions like the World Bank, where the United States is the largest shareholder, this decision holds real significance.
A recent two-year study carried out by civil society and advocacy groups has suggested that the State government of Tamil Nadu needs to put in place a process to effectively and legitimately judge the power demand in the state.