Search Results for Egypt
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15 per cent, offshore wind…
EBRD to Invest in Lamda’s Green Bond in Greece
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing 20 million euros in the total 230 million euros offering. Lamda is the largest Greek real-estate developer and…
June was “3rd warmest on record”
The globe just had the third warmest June on record, according to Europe’s Copernicus Climate Change Service, with widespread episodes of extreme heat. Antarctic sea ice was the lowest on record for the month of June. The monthly report by…
UN Environment Programme And European Investment Bank Join Forces To Reduce Pollution In The Marine And Coastal Environment
The UN Environment Programme (UNEP) and the European Investment Bank (EIB) launched the Global Environment Facility (GEF) Mediterranean Pollution Hot Spots Technical Assistance initiative, which aims to reduce pollution in the Mediterranean marine and coastal environment. As part of the…
IRENA And OPEC Fund Join Forces To Unlock Investment In Energy Transition
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding…
Global Energy Crisis Shows Urgency Of Accelerating Investment In Cheaper And Cleaner Energy In Africa
Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the IEA says in a new special report released today. Russia’s invasion of Ukraine has…
IRENA Members Launch New Framework On Project Facilitation
The International Renewable Energy Agency (IRENA) held its first meeting of the “Collaborative Framework on Project Facilitation to Support the Energy Transition,” a platform bringing together public, private, intergovernmental, and non-governmental bodies to support the development and finance of renewable…