28 Nov '12, 2pm

Clean Energy Aid from Rich-to-Poor Nations Hits $8 Billion, Lower than Promised

Clean Energy Aid from Rich-to-Poor Nations Hits $8 Billion, Lower than Promised

Investment is 35 percent higher than last year, according to a report released by the London-based researcher today. It falls short of the $100 billion-a-year investment that rich countries promised to make by 2020 to help emerging nations adapt to the effects of climate change. Developed countries in 2009 pledged to increase aid payments over the next decade for projects that alleviate and fight the affects of global warming, ranging from renewable energy to flood protection. Envoys from more than 190 nations are meeting this week in the capital of Qatar to discuss a new global warming treaty and further steps to boost funding. “While the climate negotiators in Doha are working on the institutional structure of the Green Climate Fund, this analysis shows the real issue is that the private sector is far from comfortable investing in climate-related assets,” Michael Liebrei...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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Renewable Energy Executive Roundtable

Renewable Energy Executive Roundtable

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) rose 17% on the news that Brookfield Renewable Energy Partners (TSX:BRP.UN, OTC: BRPFF ) had made a C$2.50 cash offer fo...

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First, he should convene a national energy summit. Bring together all energy stakeholders from industry, NGO, and other ke...

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Speaking to journalists after he had addressed the House of Commons, Davey said the Bill had “given industry and investors...

December Update: 11 Clean Energy Stocks for 2012: Filed under: Energy News

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