IDB Support for Colombia’s Climate Change Work / BID apoya esfuerzos de Colombia sobre el cambio climáticoThursday, October 1st, 2009
From the Inter-American Development Bank (IDB):
IDB supports Colombia’s climate change agenda
Reforms linked to new loan will help reduce vulnerability to climate change and take advantage of emerging carbon markets
Colombia will implement an ambitious climate change program that includes reducing vulnerability and strengthening climate-related institutions, as part of a financial package approved yesterday by the Inter-American [...]
IFC Supports Chile’s First Project-financed Wind Farm / IFC Apoya el Primer Parque Eólico Financiado en ChileMonday, February 9th, 2009
From the International Finance Corporation (IFC):
IFC Supports Construction of Chile’s First Project-financed Wind Farm
IFC, a member of the World Bank Group, today signed an agreement to invest $61.5 million for the construction of the Totoral Wind Farm, advancing the development of renewable energy in Chile. The 46-megawatt wind project will support the country’s objectives of [...]
Mexico is making a strong foray into wind power, starting with yesterday’s inauguration by President Felipe Calderón of the Spanish firm Iberdrola’s 80 megawatt (MW) La Ventosa (“The Windy”) wind farm the Oaxaca town of Juchitán de Zaragoza, on the Tehuantepec isthmus, where winds regularly blow as high as 75-120 kph (46-75 mph). This is [...]
Carbon Financing for Sustainable Farming / Financiación del carbono para estimular la agricultura sostenibleThursday, November 6th, 2008
From the UN Food and Agriculture Organization (FAO):
Harnessing carbon financing to boost sustainable farming
Win-win-win for development, climate efforts
Some 100 experts from five continents meet today to chart the way to harnessing a large new flow of funding – carbon finance – to agricultural development and to improving the lives of poor farmers the world over.
How best to control greenhouse gas (GHG) emissions from ships?
That is the tricky issue the London-based International Maritime Organization (IMO) is currently grappling with. The IMO is the United Nations specialized agency created in 1959 to facilitate cooperation among governments in all technical matters involving shipping engaged in international trade, including prevention and control [...]
Wood Pellets, “Green” Energy and Carbon Credits / Pellets de madera, energía “verde” y créditos de carbonoTuesday, October 2nd, 2007
From the United Nations Food and Agriculture Organization (FAO):
Converting wood waste into pellets to reduce greenhouse gases
Costa Rica pioneers “green” project for poor countries
Costa Rica’s pilot project to convert polluting wood residues into a profitable “green” energy source, presents new prospects for timber industries in developing countries, FAO said today.
The project converts large stockpiles of [...]
Synopsis in English: Chile is providing energy-efficient lightbulbs to the 40% of its households with low income, and is paying for the program with about US$1.4 million in carbon credits. The carbon bonds for the Allowance Program for Lightbulb Change (PSRA) will be placed with the help of the Inter-American Development Bank (IDB), which plans [...]
Corfo Helps 53 Renewable Energy Projects in Chile / Corfo apoya 53 proyectos de energía renovable en ChileTuesday, September 25th, 2007
Synopsis in English: The Chilean Economic Development Agency (Corporación de Fomento de la Producción – CORFO) this year is co-financing 53 new renewable energy projects, 13 more than it did in 2006. Of these, 29 are wind energy projects, 14 hydraulic power, five geothermal, two biomass and three biogas. In terms of location, 10 involve [...]
Not too long ago the European energy consulting firm Ecofys issued an update of its report commissioned by the UK’s Department of Environment, Food and Rural Affairs (DEFRA) entitled Factors Underpinning Future Action.
The report seeks to “to provide an analytical basis to underpin discussions on future commitments to reduce greenhouse gas (GHG) emissions at the [...]
Synopsis in English: Last week the Environment Ministry signed an agreement with the World Bank for the first project in Colombia, and one of the first in the world, involving the sale of carbon credits for “reduction of emissions from deforestation” (i.e., “avoided deforestation”).
The project involves some 1,410 hectares in San Nicolás Valley in [...]