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Funding & Incentives

World Bank aids Laos' forests with $31 million-grant

The World Bank has signed a grant agreement of $31.83 million to aid the Government of Lao People's Democratic Republic's sustainable forest management project. The $31.83 million grant agreement is for Laos' Scaling-Up Participatory Sustainable Forest Management Project, which aims to achieve in the expansion of areas under approved Participatory Sustainable Forest Management plans, as well as development and piloting...

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U.S. Energy Department investing $22 million on algae fuel, advanced biofuels

The United States Department of Energy has awarded more than $22 million in investments for projects to help develop cost-competitive algae fuel and other advanced biofuels. Four projects in California, Hawaii, and New Mexico were awarded a total of $16.5 million to accelerate the development of sustainable and affordable algae biofuels while an Ohio-based project will receive $6 million to develop a better biomass feedstock supply...

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World Bank finances Africa’s hydroelectric project with $340 million

The World Bank has just approved its $340 million-financing plan for a hydroelectric project that will help millions of people in three different regions of Africa. The approved financing will be for the Regional Rusumo Falls Hydroelectric Project which will benefit around 62 million people in the regions of Burundi, Rwanda, and Tanzania. The $340 million financing, which comes from the International Development Association,...

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Multi-million fund for Short Lived Climate Pollutants approved

The Climate and Clean Air Coalition, a partnership of governments, organizations, private sector, and the environmental community, has approved multi-million funding to reduce Short Lived Climate Pollutants across Africa, Asia, and Latin America. The multi-million funding, which will be used to cut black carbon, methane, and greenhouse gases known as hydrofluorocarbons, aims to reduce the rate of global warming by...

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The Rockefeller Foundation earmarks $100 million for 100 resilient cities

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...

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AfDB provides $17.8 million in climate adaptation funds in 3 countries

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...

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Energy Department gives out $16 million for clean energy technologies of small businesses

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...

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Danish government grants $2 million to Pacific small islands for renewable energy projects

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...

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$4.6 million E.U. fund for sustainability projects in the Philippines

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...

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More plant sugars, more biofuels: Funding continues for J.B.E.I. work

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...

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