Mexico Aims to Cut Home Energy Use with Green Loan Plan
In the News | Jun 27 2013

$50 million from the CTF is supporting Mexico’s Eco House program, a construction loan program offering buyers newly built homes with increased comfort and energy cost savings, through features like roof insulation and solar water heating, at the same price they would pay for conventional shelter. It aims to reduce the housing sector’s GHG emissions at least 20 percent by the end of this decade.

The right renewables? Location, location, location!
In the News | Jun 26 2013

At the Birdlife World Congress (June 19-22), the CIF joined high-level panelists to explore strategies and experiences in working with renewable energy developments and provide insight into robust and strategic impact assessment, safeguards, policy development, and the importance of environmental recovery in addressing climate change.

The right renewables? Location, location, location!
In the News | Jun 26 2013

At the Birdlife World Congress (June 19-22), the CIF joined high-level panelists to explore strategies and experiences in working with renewable energy developments and provide insight into robust and strategic impact assessment, safeguards, policy development, and the importance of environmental recovery in addressing climate change.

Kenya Looks to Geothermal Energy to Boost Power Supply
In the News | Jun 24 2013

Kenya’s Menengai geothermal power plant, bolstered by $25 million from the SREP, is expected to inject 400 megawatts of electricity into the national grid by 2017, boosting current production by close to a third and expanding energy access, reducing shortages, and attracting more private investment in the nation. Thomson Reuters Foundation reports.

President of Maldives says electricity unaffordable to most people
In the News | Jun 18 2013

Haveeru Online reports, at Maldive’s First International Renewable Energy Investors Conference (June 15-17) President Waheed said Maldive’s $30 million SREP investment plan is helping his country move forward in renewable energy, an area critical to national development. “The environmental imperative is obviously there, but for us a developmental imperative is more urgent,” said the President. The conference aimed to build awareness among international investors and businesses on the potential opportunities available in the renewable energy sector in Maldives.

Eye on the Sky: Examining Wind Power, Birds, and Bats
Feature Story | Jun 14 2013

Addressing the impact of wind power development on birds and bats is critical to the success of CIF-backed wind projects. To expand the pool of knowledge of this growing renewable energy issue, the CIF is bringing together CIF pilot countries and other practitioners to share and learn from experiences and innovations.

Turkish appliance manufacturer, Sinbo, uses 12% less energy thanks to an EBRD-financed upgrade
In the News | Jun 13 2013

Sinbo, a leading Turkish manufacturer, received $9 million in financing to reduce its energy consumption from the EBRD’s Turkish Sustainable Energy Financing Facility (TurSEFF), which benefits from $50 million in concessional and grant co-financing through the Clean Technology Fund.

Lao PDR is Scaling-Up Participatory Sustainable Forest Management
Press Release | Jun 10 2013

With a $12.83 million grant from the FIP, Lao PDR is moving forward with its project to expand community participation in forest management in priority areas and piloting forest landscape management in four northern provinces. Lao PDR’s 2020 Forest Strategy aims to improve the quality and quantity of forested areas and to generate a sustainable stream of forest products.

Maldives is Teacher and Student of the SREP
Feature Story | Jun 07 2013

Maldives’ $30 million SREP investment plan has become the centerpiece of the country’s efforts to attract private investment for renewable energy. And as hosts of the fifth meeting of the SREP pilot countries on May 28-30, the Maldivian delegates were as eager to share their dedication and know-how as they were to learn from other countries on effective policies, tools, and instruments for mitigating the effects of climate change through renewable energy.

Assessment of the Impact of the CTF on the Renewable Energy and Energy Efficiency Market in Turkey
Press Release | Jun 07 2013

The Clean Technology Fund (CTF), jointly with the World Bank, International Finance Corporation (IFC), and European Bank for Reconstruction and Development (EBRD), have launched the Assessment Report of the Clean Technology Fund in Renewable Energy and Energy Efficiency Market in Turkey. Among other analysis, it validates the emission reductions achieved through the CTF, which are estimated to be over 2 million tons per year for all of the projects financed by the CTF and international financial institutions.

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