Tuesday, January 19, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Event – Workshop on Financing for Renewable Energy in Small Island Developing States

by Richard Matthews
November 28, 2016
in Uncategorized
0

This event will take place on December 1 – 3, 2016 in Nadi, Fiji. The event is co-organised with Japan’s Ministry of the Environment, the USA’s Departments of Energy and State, the Pacific Community, the Asian Development Bank, and the Green Climate Fund, IRENA will host a three-day workshop on renewable energy finance, in Nadi, Fiji.


Aimed at government officials, public finance institutions, international organisations, utilities, research centres, and other Lighthouse Initiative partners, the workshop will seek updates on the projects identified and discussed in 2015; identify key challenges and barriers in each stage of project development and discuss ways to overcome and prevent them in the future; identify new project opportunities and ideas, and explore practical steps to develop them into bankable proposals; and conduct an in-depth discussion on renewable energy financing that goes beyond the traditional direct funding approach.

Islands, disconnected from mainland electricity grids, are vulnerable to price fluctuations for imported fossil fuels upon which they are reliant for their energy. But small island developing states (SIDS) can overcome such challenges, as well as play their part in the global effort to mitigate climate change, through renewable energy deployment. Although SIDS are generally not short of donor funding, such opportunities are often unmet with its potential due to the lack of an investment-ready project pipeline. At the same time, public finance institutions are trying to find more efficient ways to leverage private investment in SIDS, moving beyond traditional financial instruments such as grants and concessional loans.

In July 2015, the U.S. Government, the Pacific Community (SPC), and the International Renewable Energy Agency (IRENA) co-hosted a renewable energy workshop in Honolulu, Hawaii to help accelerate the energy transformation of Pacific islands. Fourteen Pacific island countries and territories (PICTs) and the State of Hawaii were represented at the event, from senior officials to representatives from energy ministries, power utilities, regulators, the private sector, and development partners.

Also in August 2015, the Ministry of the Environment of Japan (MOEJ), and the International Renewable Energy Agency (IRENA) organized a workshop in Kuala Lumpur, Malaysia, where seventeen SIDS and eight international organisations were represented. Discussions and bilateral meetings provided an avenue for SIDS and development partners to identify main financing options available and accessible to SIDS, and for public finance institutions to learn about renewable energy project opportunities on these islands.

In early August 2016, the Green Climate Fund held a workshop in Suva, Fiji with a focus on developing a credible project pipeline to feed into the fund over the coming months.

This workshop, organized by the U.S. Departments of State (State) and Energy (DOE), Ministry of the Environment of Japan (MOEJ), International Renewable Energy Agency (IRENA) and the Pacific Community (SPC), in collaboration with Asian Development Bank (ADB) and the Green Climate Fund (GCF) is designed to provide greater clarity on the process for accessing resources from international financial institutions for renewable energy programmes and projects.

The objectives of the workshop are to:

  • Conduct a status update on and review of projects identified and discussed in 2015
    Identify key challenges and barriers in each stage of project development and discuss ways to both overcome and prevent them in the future
  • Identify new project opportunities and ideas and explore practical steps to develop them into bankable proposals
  • Conduct an in-depth discussion on renewable energy financing that goes beyond the traditional direct funding approach

The issue of developing and providing power to small islands is an existential concern for these states. Island states are especially vulnerable to climate change particularly flooding from sea level rise. These states need energy to power things like pumps that evacuate water during storm surges, they also need energy to storm walls.

To show what can be done, Elon Musk just converted the island of American Samoa from diesel generators to renewable energy. Tesla and Solar City created a microgrid of solar energy panels and batteries on the island.

Flooding of island states has taken an economic toll and it has already created refugees with many more are expected in the years to come.

For more information click here. 

ShareTweetShare
Previous Post

Event – Global Renewable Energy Forum 2016

Next Post

Businesses Urge Trump to Respect the Paris Agreement

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Businesses Urge Trump to Respect the Paris Agreement

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Taking Stock of Trump’s Dismal Legacy

by Richard Matthews
January 19, 2021
0

Trump's presidency ended as it began, with dysfunction and narcissistic self-preoccupation. The presidency of Donald J Trump is a stain that...

Read more

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In