Despite the estimated 1.5 billion tons of carbon released every year by tropical deforestation. Or that the current CO2 concentration in the atmosphere has reached the highest level in at least 650,000 years. It is world environment day and I’m smiling. Despite the fact that world deforestation contributes directly to about 20% of our current greenhouse gas emissions and CO2 … [Read more...] about Six reasons to smile on world environment day
Sun over Atacama
Chile responds to growing energy demands by harvesting solar energy from the Atacama Desert. Funded by the IDB's Canadian Fund for Climate Change, the Pozo Almonte project is expected to produce in excess of 60,000 MWh per year. … [Read more...] about Sun over Atacama
Improved Cook Stoves for Rural Communities in Honduras
The provision of energy efficient cook stoves and renewable energy development will improve living standards in low-income rural communities in Honduras in a program financed by the Scaling-Up Renewable Energy Program. The program will primarily benefit indigenous and Afro-Honduran communities not connected to the national power grid. Activities will help to change the focus … [Read more...] about Improved Cook Stoves for Rural Communities in Honduras
Reducing risks for renewable energy to spur financing for projects totaling 60 MW
An IDB program financed by a grant from the Scaling Up Renewable Energy Program (SREP) will demonstrate the potential of renewable energy investments in Honduras through the construction of renewable energy projects with a total installed capacity of at least 70 MW. The projects will include small hydro, wind, and solar technologies. A portfolio of 49 renewable energy … [Read more...] about Reducing risks for renewable energy to spur financing for projects totaling 60 MW
Honduras SREP investment plan emphasizes renewable energy production and distribution
Honduras’ Scaling Up Renewable Energy Program Investment Plan wasprepared by the country’s government with inputs from the IDB, the International Finance Corporation, and the World Bank to support development of the country’s renewable energy sources, reduce dependency on hydrocarbon imports, and promote low-carbon development. The plan presents an action strategy in two … [Read more...] about Honduras SREP investment plan emphasizes renewable energy production and distribution