The new Norwegian initiative should allow project sponsors and investors to access investment capital which is “cheaper” than otherwise available in the market.
On-site solar can spur post-Corona rebound in Africa
Businesses in Africa suffer from the world’s highest costs of electricity. Solar PV on the user’s site can slash energy costs, improve competitiveness and create hundreds of thousands of jobs, but government regulations are holding investments back.
How changes brought on by coronavirus could help tackle climate change
The impact of the coronavirus might significantly curb global emissions. Prudent spending of economic stimulus measures, and a permanent adoption of new work behaviours, could influence how emissions evolve in future.
IEA: Gas and renewables will power Africa’s energy future, but coal still rising
What does it take to eliminate the energy poverty in Africa? A recent IEA-report, “Africa Energy Outlook 2019”, and a visit to an energy conference in Lagos 12-13 November shed important light to the answer.
Climate neutrality the Norwegian way: Carbon trading?
Norway’s target of climate neutrality by 2030 is not enshrined in law, impossible to reach without massive use of flexible mechanisms, and currently lacks a clear governmental strategy. A frontrunner in the net zero debate?
Norway should start phasing out oil and gas production – now
Wealthy Norway gladly projects a squeaky green image to the wider world. But Norway can not be a world leader in climate protection without gradually winding down its fossil fuel extraction industry – starting now.