29 September 2016 - Sustainable Energy for All (SEforALL) welcomes Deutsche Bank’s proposal to combine capital from the Green Climate Fund (GCF) with private investment to finance access to renewable energy for households and small and medium-sized businesses in Africa.
Our world leaders committed to the Sustainable Development Goals, and promised to leave no one behind.
Now we need to deliver on every one of those goals – for everyone, no matter who they are, or where they live.Click here for more on the Leave No One Behind partnership.
A loose coalition of more than 100 countries, including the US and European nations, is pushing for an early phase-out of hydrofluorocarbons (HFCs), a powerful greenhouse gas that if left unchecked is set to add a potentially disastrous 0.5C to global temperatures by the end of the century, the Guardian reports.
Read the full Guardian story here.
Concerns abound about what a Donald Trump presidency in the United States could mean for the Paris Agreement, the new head of the U.N. Framework Convention on Climate Change has said.
In an interview with ClimateWire, Executive Secretary Patricia Espinosa said the way countries respond to any bid by the Republican Party nominee to withdraw the country from the deal, as he has threatened to do, would determine whether its consequences would be far-reaching.
Foreign Exchange Risk ("FX Risk") is a key inhibitor of capital inflows and deal progress in the Power sector particularly in developing countries.
In an effort to underscore the importance of managing foreign exchange risks in energy infrastructure projects in Sub-Saharan Africa, Sustainable Energy for All (SEforALL), Power Africa, The Currency Exchange Fund (TCX), Persistent Energy Capital and Barclays Africa Group hosted a webinar bringing together African utilities, IPPs, finance ministries, developers among others.
Sustainable Energy for All is shifting gear with a new five-year strategy that will drive action to deliver universal access to affordable, clean energy, following the landmark promises made last year by the global community.
Sustainable Energy for All is creating new ‘heat maps’ as a tool to help focus resources for maximum impact across our three objectives on energy access, energy efficiency and renewables.
While every country matters – and within them all regions, cities and communities – the heat maps will offer a framework for identifying places where most needs to be done, and those where successes could be replicated elsewhere.
Rachel Kyte, SEforALL’s Chief Executive Officer and Special Representative of the UN Secretary-General for Sustainable Energy for All, will be among the high-profile speakers at the opening session of Climate Week in New York and will speak at a number of other high-level events during Climate Week running from 19 September – 25 September 2016.
Leading development finance institutions and heads of Nigeria’s most accomplished energy companies will meet with national government at EnergyNet’s Powering Africa: Nigeria Investment Summit, held under the Official Patronage of the Federal Ministry of Power, Works and Housing, taking place in Abuja from 12-14 October 2016.