Finance & Economics
Paris Agreement recognizes that keeping temperature below 2°C from pre-industrial levels would significantly reduce impact of climate change. It will be essential to decarbonize industry to achieve this. Direct industrial processes contribute 5.2% of global greenhouse gas emissions, while energy use in industries contributes 24%. There are currently few market-tested mechanisms to price industrial carbon emissions. Debt financers, particularly banks, do not consider energy-efficient industrial equipment as an attractive lending proposition. Public-funded unsecured subordinated debt financing could be used to help. The initial identification of standardized plants, equipment, and processes that reduce carbon emissions substantially and offer financial benefits, rather than backing a variety of technologies across industrial sectors, would help to reduce costs of researching and assessing the environmental and financial benefits of new technologies.
Read Full articleKey role for Venture Capital in industrial decarbonization
Industrial decarbonization will require massive amounts of capital investment over the next 30 years. Venture capitalists believe there are significant returns to be made for first movers but also institutional investors and asset managers are in favor of playing a role.
Read Full article50 percent credit guarantee for energy efficiency projects in Vietnam
Vietnams energy consumption has been soaring in the past decade. The majority of its electricity is generated from burning coal, natural gas, and oil. Currently, the industrial sector of Vietnam constitutes up to 47 percent of national electricity consumption.
Read Full articleEnergy storage investments - bridging production and consumption
Spearmint Energy founder Andrew Waranch says we are at a tipping point. Texas power grid froze in 2021 after a surge of severe winter storms battered state. He says we need massive investment in our energy infrastructure, especially in energy storage.
Read Full articleDEEP 2.0 - De-risking energy efficiency through better reference data
The De-risking Energy Efficiency Platform (DEEP) is an open-source database for energy efficiency investments performance monitoring and benchmarking. It now includes data on more than 17,000 energy efficiency projects in buildings and industry from 30 data providers.
Read Full articleHow smart cities could use digital finance platforms
Digital finance is increasingly demonstrating its ability to overcome key barriers for smaller scale project finance. Few exist today but a growing number is in development driven by the need to mobilize private capital to support sustainable growth.
Read Full articleDigital financing platforms - a solution to finance smart city projects?
Do you know Jack Mas 3-minute loan? SME can get up to 300.000 USD within a few hours purely using an online service. Juergen Ritzek gives an overview on the state of play of digital financing platforms, structured into three groups.
Read Full articleMaking an impact
Impact investing aims to have a positive impact on key sustainability problems. Amy Clarke, founder of Tribe Impact Capital, says every investment is an impact investment. The Sustainable Development Goals (SDGs) are a good roadmap to all the areas where we need.
Read Full articlePre-commercial procurement for 100% renewable retrofits
The EU Horizon 2020 project procuRE is offering €7.68 million for RandD services in building technology and renewables. It is financed by the cities of Nuremberg (Germany), Istanbul (Turkey), Velenje (Slovenia),.
Read Full articleThinking strategically about industrial energy efficiency
Catherine Cooremans and other colleagues in her Multiple Benefits project provide some answers in a short video that lays out the problems and some of the solutions. In the EEFIG survey, there are many suggestions from standardised contracts to better regulations to better sharing.
Read Full article