Finance & Economics

How to finance industrial decarbonization

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.

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Key role for Venture Capital in industrial decarbonization
Finance & Economics

Key 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.

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50 percent credit guarantee for energy efficiency projects in Vietnam
Finance & Economics

50 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.

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Energy storage investments - bridging production and consumption
Finance & Economics

Energy 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.

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DEEP 2.0 - De-risking energy efficiency through better reference data
Finance & Economics

DEEP 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.

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How smart cities could use digital finance platforms
Finance & Economics

How 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.

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Digital financing platforms - a solution to finance smart city projects?
Finance & Economics

Digital 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.

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Making an impact
Finance & Economics

Making 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.

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Pre-commercial procurement for 100% renewable retrofits
Finance & Economics

Pre-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),.

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Thinking strategically about industrial energy efficiency
Finance & Economics

Thinking 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.

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