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Loading ...Carbon Credits for Light Bulbs
Monday, October 1st, 2007Synopsis 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 Chile
Tuesday, September 25th, 2007Synopsis 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 […]
Amazonas “Visionary” on Climate Change?
Friday, September 7th, 2007In June Amazonas became the first Brazilian state to adopt a state law on climate change, together with one creating a State System of Conservation Units (UCs). The laws were widely praised by nongovernmental organizations (NGOs) working on environment and conservation issues. A Greenpeace spokesman even declared them to be “almost visionary, but perfectly capable […]
“Climate Change Fact Sheets” for LAC Nations
Thursday, August 9th, 2007Not 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 […]
Groundbreaking Project of Carbon Credits for Avoided Deforestation
Tuesday, August 7th, 2007Synopsis 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 […]
Guyana to Host Caribbean Bioenergy Seminar
Saturday, July 28th, 2007To fully understand the antecedents for this seminar, check out prior posts on the IDB’s strategy for biofuels, the OAS’ renewed commitment to sustainable energy, and Guyana’s biofuel protential. From the Guyana Government Information Agency (GINA): Government to convene high-level bio-level seminar In light of recent reforms and growing interest in the production of bio-energy, […]
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 […]
UNDP Launches Unique Carbon Facility
Tuesday, June 12th, 2007The United Nations Development Programme (UNDP) has jumped into the growing carbon finance market with its own offering — carbon credits with a human development twist, as it were. UNDP says that the trouble with the current carbon market is that it tends to fund projects in only a handful of countries and with little […]