Power Plants Run on Grass
Wednesday, July 25th, 2007Last week a firm based in São Paulo state, Dedini, announced the signing of an agreement with Bahia-based Sykue Bionergya Electricidade to build Brazil’s first thermoelectric plant run entirely (see below to understand why I use this qualifier) on elephant grass. [Some press blurbs erroneously reported that it will be the world’s first such plant, […]
Latest Round of REEEP Projects for LAC
Wednesday, July 11th, 2007The Renewable Energy and Energy Efficiency Partnership (REEEP) recently announced that in its sixth funding round it will fund 35 new clean energy projects, including several in Latin America and the Caribbean (LAC) (see chart of LAC-related projects below). REEEP is “an active, global public-private partnership that structures policy and regulatory initiatives for clean energy, […]
Colombia’s First Official Carbon Sequestration Through Reforestation Project
Friday, June 29th, 2007Synopsis in English: Last week the Environment Ministry approved the first officially sanctioned reforestation project aimed at capturing carbon dioxide (CO2) as a clean development mechanism (CDM) project under the Kyoto Protocol. The project involves 15,000 hectares in the Chinchina River Basin in the department (similar to a state or province) of Caldas. The project […]
BNDES Creates R$200 mil. Program to Stimulate Carbon Credits
Monday, June 11th, 2007From the National Economic and Social Development Bank (BNDES): BNDES creates BRL 200 million program to encourage negotiation of carbon credits Funds will be placed in mutual participation funds in companies that adopt clean technologies BNDES created a new program to encourage ventures that adopt clean technologies, fomenting the generation of carbon credits in the […]
The Carbon Market 2007, Worldwide and in LAC
Wednesday, May 2nd, 2007At this year’s Carbon Expo, the World Bank’s Carbon Finance Unit released its latest annual report on the state of, and trends in, the global carbon finance market. A PDF of the report in English (so far, copies in other languages are not being offered) can be downloaded at this link. The accompanying press release […]
An IDB-Sponsored “Blueprint for Green Energy in the Americas”
Tuesday, April 3rd, 2007At the briefing on the Inter-American Development Bank’s (IDB) biofuel investment plans for Latin America and the Caribbean (LAC), the Bank finally released the study it commissioned from consultant Garten Rothkopf on biofuels entitled “A Blueprint for Green Energy in the Americas.” To download the various portions of the study, follow this link. I confess […]
A Guide to Markets and Commercialization of CDM Forestry Projects / Una Guía sobre los mercados y la comercialización de Proyectos MDL Forestales
Wednesday, March 21st, 2007The FORMA Project has released its “Guidebook to Markets and Commercialization of Forestry CDM Projects.” The Guidebook provides an overview of forestry projects meeting clean development mechanism (CDM) criteria under the Kyoto Protocol, a description of available carbon markets, and recommendations to the project developer. In the last two years, more than US$18 billion have […]
Colombia Insists: We’re Serious About Climate Change
Monday, March 19th, 2007Just before the release of the IPPC report, the Minister for Environment, Housing and Territorial Development (MAVDT) held a press conference to assure everyone that global climate change is a priority issue for the Uribe Administration. The fact that Minister Juan Lozano Ramírez felt the need to do so says something. Lozano Ramírez outlined the […]
Panamanian Project Among First to be CCB Certified
Sunday, March 11th, 2007Panama has one of the first forestry projects certified under Climate, Community & Biodiversity Alliance’s (CCBA) Climate, Community & Biodiversity (CCB) Standards (download the standards in English or Spanish). Such projects go beyond Kyoto Protocol requirements for carbon financing under the clean development mechanism (CDM). The CCBA is a partnership between research institutions, environment NGOs […]
IDB Board Approves Climate Change Initiative
Friday, March 9th, 2007Note: for background on the Sustainable Energy and Climate Change Initiative (SECCI), see our November post. The draft working papers outlining the strategy can be downloaded via the following links: Ch I – The Renewable Energy Ch II -Opportunities Constraints Ch III – Barriers and Good Practices to Increase Clean Energy Ch IV – Carbon […]
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