Funding & Incentives
The Rockefeller Foundation earmarks $100 million for 100 resilient cities
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16 May 2013
- Published on Thursday, 16 May 2013 08:46
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The Rockefeller Foundation is celebrating their centennial anniversary by establishing a $100 million fund to boost urban resilience in cities around the world. Through the Rockefeller’s 100 Resilient Cities Centennial Challenge, 100 cities across the globe will be selected to receive technical support and resources to develop and implement plans for urban resilience. This will help cities leverage billions of...
AfDB provides $17.8 million in climate adaptation funds in 3 countries
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16 May 2013
- Published on Thursday, 16 May 2013 08:25
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The African Development Bank has earmarked $17.8 million for climate change adaption projects in Angola, Benin and Madagascar. The new funding, approved by the Council of the Least Developed Countries Fund during the second quarter of 2013, will be used for agriculture and natural resource management projects. Madagascar will get $6.2 million for agricultural water infrastructure designed to reduce vulnerability to...
Energy Department gives out $16 million for clean energy technologies of small businesses
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10 May 2013
- Published on Friday, 10 May 2013 08:05
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The United States Department of Energy has announced that it is awarding a series of grants totaling over $16 million in investments for small businesses developing clean energy technologies. A total of 88 grants will be given to clean energy technology businesses across 28 states. Part of the grant criteria is that technologies must have a strong potential for commercialization and job creation. “Small...
Danish government grants $2 million to Pacific small islands for renewable energy projects
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08 May 2013
- Published on Wednesday, 08 May 2013 09:44
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The Danish Government is committing $2 million to support renewable energy and energy efficiency projects in the Pacific. Under the S.I.D.S. DOCK initiative, the fund will be used to develop an energy efficiency demonstration house in Tuvalu, a rural telecommunications system powered by solar in the Solomon Islands, and a solar powered wall water pumping systems on the Ha'apai islands in Tonga. S.I.D.S...
$4.6 million E.U. fund for sustainability projects in the Philippines
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17 Apr 2013
- Published on Wednesday, 17 April 2013 08:54
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The Philippines, one of Asia’s fastest growing economies, is receiving 3.5 million euros ($4.6 million) from the European Union to support clean power and energy efficiency projects in the country. The financial aid, which will be implemented under the E.U.’s SWITCH-Asia Program, will help accelerate the country’s shift toward sustainable energy consumption and production, said environment department...
More plant sugars, more biofuels: Funding continues for J.B.E.I. work
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15 Apr 2013
- Published on Monday, 15 April 2013 08:24
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The Joint BioEnergy Institute has received a five-year renewal of funding from the United States Department of Energy. Under the terms of the renewal, J.B.E.I. will be funded by up to $25 million annually through 2018. The J.B.E.I. is an Energy Department especially created by the Bioenergy Research Center to conduct research on the development of advanced, next-generation biofuels. Originally established...
Philippines allots $316 million for climate change
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12 Apr 2013
- Published on Friday, 12 April 2013 08:50
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The Philippines is allocating P13 billion ($316 million) to improve the country’s climate change adaptation and mitigation measures in 2014, according to Mary Ann Lucille Sering, vice chair of the Climate Change Commission and the executive director of the Climate Change Commisssion. For the first time, the government is dealing out a bigger slice of budget for the climate change program, up from 1 billion in 2011...
World Bank to plug in solar project in remote Kiribati
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26 Mar 2013
- Published on Tuesday, 26 March 2013 09:16
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The Pacific island nation of Kiribati will soon have a reliable supply of solar energy. A formal agreement signed by the World Bank and the Government of Kiribati during the Pacific Energy Summit in Auckland will see the installation of solar panels at four sites across the capital of South Tarawa. Details about the generating capacity and construction schedule of the project have not yet been revealed, but the project is...
E.U. provides $195 million loan for climate mitigation projects in India
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11 Mar 2013
- Published on Monday, 11 March 2013 08:33
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The European Investment Bank and Exim Bank have signed a 150 million euro ($195 million) loan to support climate mitigation projects in India. The framework loan will finance renewable energy projects such as small hydro, wind, solar geothermal and sustainable biomass. It will also back energy efficiency projects like cogeneration, district heating, and industrial modernization. The agreement will contribute...
Sustainable transportation project in Davao gets $1 million in funds
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06 Mar 2013
- Published on Wednesday, 06 March 2013 09:06
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A $1 million technical assistance project funded by Japan seeks to develop a sustainable urban public transport system in the City of Davao in the Philippines. The Asian Development Bank, the Department of Transportation and Communications, the City of Davao and the Embassy of Japan will be cooperating on the project which will be supported by the Japan Fund for Poverty Reduction. The City of Davao is the third most...
