In Paris in 2015, signatories to the United Nations Convention on Climate Change agreed to pursue efforts to try to limit the rise in global temperatures by 2050 to 1.5°C above pre-industrial levels. The World Energy Transitions Outlook presents a pathway to that goal, one that decarbonises all end uses, with electrification and energy efficiency as primary drivers, enabled by renewables, green hydrogen and sustainable modern bioenergy.
SOFIAC was created to eliminate all financial, technical, and operational barriers that private companies encounter when developing and implementing energy efficiency and decarbonization projects.
Growth in energy markets slowed in 2019 in line with weaker economic growth and a partial unwinding of some of the one-off factors that boosted energy demand in 2018.This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018.
The India Ministry of Housing and Urban Affairs (MoHUA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to form a partnership to promote investment in the waste management sector in India. Through this partnership, IFC assisted MoHUA in preparing a model concession agreement (MCA) and a model request for proposal (RFP, together the Model Documents) for use by urban local bodies (ULBs) for development of waste to bio-methanation projects in India.
The objective of the Model Documents is to:
The Ministry of Housing and Urban Affairs (MoHUA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to form a partnership to promote investment in the waste management sector in India. Through this partnership, IFC assisted MoHUA in preparing a model concession agreement (MCA) and a model request for proposal (RFP, together the Model Documents) for use by urban local bodies (ULBs) for development of waste to electricity projects in India.
The objective of the Model Documents is to:
As energy demand grows with increasing electrification, demand management will be a key pillar in supporting the energy transition. EMA will continue to encourage energy efficiency in the industry and households, and is concurrently developing other demand management initiatives.
Commercial buildings and industrial complexes use 80 per cent of Singapore’s electricity. Helping these buildings save every bit of electricity counts.
SP Digital has partnered Changi Airport and Nanyang Technological University to pilot smart meters that monitor energy use. These meters flag sudden spikes - which may be a sign of leaks - and have helped the airport cut operational costs significantly.
Poor energy access in fragile contexts impedes development, traps people in extreme poverty, and creates structural conditions for the persistence of conflict and social, political, and economic instability. Fragility affects not only those living in these countries – it drives the global challenges of mass migration, terrorism, and trafficking that impact us all.
The brief explains how the IFC in coordination with other development partners, helped to bring private sector participation into the power sector in Liberia by structuring a partnership between the government of Liberia and a private partner. As there was a lack of market appetite for a fully private option, in April 2010, IFC concluded the design and tendering of a five-year management contract for the Liberia Electricity Corporation (LEC), the electricity utility in the capital city of Monrovia.
The Kribi Power Plant Project comprises: