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UK SMEs to benefit from GBP550m green financing

By : sustainabilityo..., Mar 8, 2011

A £550 million green business finance fund was announced today that will benefit small to medium-sized companies that want to improve their energy efficiency affordably.

The new Energy Efficiency Financing scheme is the first privately financed scheme of its kind in...

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Fast start finance for climate change has not even passed double digit

By : sustainabilityo..., Feb 28, 2011

With the so-called “fast start finance” for climate change completely missing over a year after it was promised at Copenhagen, major emerging economies have accused rich countries of trying to pass off existing funding to the wrong recipients as part of their pledges....

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Subject Tags: finance , Social Issues

UN Advisory Group on Climate Finance Report Falls Flat

By : sustainabilityo..., Nov 5, 2010

A new report on climate change financing options released today by a U.N. Advisory Group unwisely emphasizes carbon markets and other private finance options, while irresponsibly advocating an increased role for multilateral development banks (MDBs). Despite concluding that...

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Climate finance, key issue

By : Preeti Aggarwal, Oct 7, 2010

Financial assistance from developed countries for projects to combat climate change in the developing world has emerged as a key sticking point at the climate meet in Tianjin, which is the last round of negotiations before the year-end Cancun conference.


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Subject Tags: finance , Technology

Hope of deal in Cancun fades as rich break vow

By : sustainabilityo..., Sep 7, 2010

Hope of progress on a global climate deal at the year-end Cancun summit is rapidly dimming with rich countries backtracking on their commitment to provide climate funds. Finance is a key issue for rebuilding trust among developing and developed countries. 

The two-day...

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Financial institutions: Time for Leadership

By : Akhil Choudhary, Jul 1, 2010

The economists, policy makers and business leaders are recognizing the financial rewards from controlling climate change. Onus is on the Indian and International financial institutions to provide the lead to enable the required economic transformation for a strong and...

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Germany setting up $500 million climate fund to micro-finance projects in developing countries

By : sustainabilityo..., Jun 30, 2010

Germany has set up a $500 million climate fund to micro-finance projects such as new supermarket freezers or biomass heating in developing countries to help cut greenhouse gases, Environment Minister Norbert Roettgen said Tuesday. Roettgen said the purpose of the fund,...

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Subject Tags: finance

Making climate change finance work for India

By : sustainabilityo..., Nov 11, 2009

Investment in energy is critical for India. The World Energy Council estimates that about 56% of rural households in India have no access to electricity. The World Bank calculates that energy poverty levels such as these can reduce gross domestic product (GDP) growth...

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Money is the key to the success of Copenhagen

By : sustainabilityo..., Nov 2, 2009

You think it's about greenhouse gases. You think it's about carbon emissions. And it is. But the Copenhagen agreement on climate change that the world community will attempt to sign in December is just as much about money – enormous, mind-boggling amounts of money.


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Public finance can scale up climate investment - report

By : sustainabilityo..., Oct 27, 2009

LONDON (Reuters) - Public finance could help stimulate private investment in climate change solutions in developing countries, a report commissioned by the United Nations' Environment Programme showed on Monday.

World leaders are grappling with how much funding should...

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Subject Tags: finance