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Islamic Development Bank Group (IsDB Group)

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    • Arab Coordination Group allocation of US$10 billion to support energy transition
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Source: Islamic Development Bank Group (IsDB Group) |

Arab Coordination Group allocation of US$10 billion to support energy transition

Abu Dhabi Fund for Development hosts the 91st ACG meeting on the sidelines of COP28

The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced today at COP28) an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a…

Energy Capital & Power

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    • 5 Reasons to Attend Invest in African Energy 2024 in Paris
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Source: Energy Capital & Power |

5 Reasons to Attend Invest in African Energy 2024 in Paris

Organized by Energy Capital & Power, the second edition of the forum offers delegates investor matchmaking services and technical project previews, in line with growing European interest in African energy

Returning to Paris next May for its second edition, Invest in African Energy (IAE) 2024 (https://apo-opa.co/484aYL8) is an exclusive forum designed to foster collaboration between European investors and African energy markets. Organized by Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) with the support of the African Energy Chamber (AEC), the forum offers delegates…

African Development Bank Group (AfDB)

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    • Conference of the Parties (COP28): Italy announces €5 Million contribution to Sustainable Energy Fund for Africa
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Source: African Development Bank Group (AfDB) |

Conference of the Parties (COP28): Italy announces €5 Million contribution to Sustainable Energy Fund for Africa

Italy's contribution aligns with the broader goals of COP28, particularly the objective of tripling the deployment of renewable energy

Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.co/46J7nRR) Special Fund. The Italian Deputy Minister of Environment and Energy Security, Vannia Gava, announced the new contribution on Monday during a side event at the 2023 United Nations…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance (1)
    • Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance

The partnership entails IsDB and ICIEC's membership in the Energy Transition Accelerator Financing Platform (ETAF), a multi-stakeholder climate finance solution managed by IRENA

The Islamic Development Bank (IsDB), and its multilateral credit and political risk insurer “The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), signed a Collaborative Partnership Agreements with The International Renewable Energy Agency (IRENA) on December 2nd, 2023, on the sidelines of COP28’s celebrations. These significant…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Islamic Corporation for the Insurance of Investment and Export Credit Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States (1)
    • Islamic Corporation for the Insurance of Investment and Export Credit Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit Join Forces with GE Vernova at Conference of the Parties (COP 28) to Promote Sustainable Projects Across ICIEC Member States

This collaboration will accelerate the deployment of capital, goods, and services necessary for sustainable energy projects in ICIEC member states

In a landmark event during COP 28, The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group and GE Energy Financial Services, Inc (GE Vernova) formalized their collaboration through a Memorandum of Understanding…

EcoFlow

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    • EcoFlow Powers Up the Holidays: Take Portable Power on Your Festive Journey in December! (1)
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    • EcoFlow Powers Up the Holidays: Take Portable Power on Your Festive Journey in December! (4)
    • EcoFlow Powers Up the Holidays: Take Portable Power on Your Festive Journey in December! (5)
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Source: EcoFlow |

EcoFlow Powers Up the Holidays: Take Portable Power on Your Festive Journey in December!

EcoFlow Amps Up Christmas with Savings Up to R37,999 on Best-Selling Power Solutions

EcoFlow (www.EcoFlow.com), a leading provider of sustainable energy and lifestyle solutions, is amping up lights for the festive season with a chance of saving up to R37,999 throughout December. As families gear up for the holidays, EcoFlow invites you to power your celebrations with these gift ideas below, highly recommended…

European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

Conference of the Parties (COP 28): European Investment Bank (EIB) Global co-signs Joint Declaration on the Just Transition Investment Platform for North Macedonia

The support package is designed to ensure the positive outcomes of the green transition, while protecting the jobs and livelihoods of affected communities

The declaration brings together partners to help the country mobilise investments, policy support and technical assistance to accelerate the energy transition and meet its climate and development goals; EIB Global (https://www.EIB.org) will help accelerate its implementation through enhanced technical support and financing; in 2023, the Bank has invested over €100 million to…

European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

Conference of the Parties (COP28): European Investment Bank to co-finance climate action projects with the Brazilian Development Bank, BNDES

EIB and BNDES reinforce collaboration in Brazil to further support clean energy investment and back the development of renewable energy and the Amazon region

European Investment Bank (EIB) (EIB.org) Vice-President Ambroise Fayolle and President of the Brazilian Development Bank (BNDES) Aloizio Mercadante signed a memorandum of understanding today at COP28 in Dubai, to explore co-financing opportunities in the renewable energy, environment and social sectors in Brazil, including in the Amazon region. The memorandum of…

European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

European Investment Bank Group and Mission Innovation team up to accelerate clean energy innovation

The EIB Group is joining Mission Innovation primarily to facilitate access to finance for innovative projects across a wide array of sectors and geographic regions

The European Investment Bank (EIB) Group (www.EIB.org), which consists of the European Investment Bank and the European Investment Fund, and Mission Innovation are joining forces to support clean energy innovation worldwide. The announcement of the new partnership was made at a joint event at the United Nations Climate Change Conference…

African Energy Chamber

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    • Leapfrogging Is Not the Quick Energy Fix the World Seems to Think It Will Be (By NJ Ayuk)
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Source: African Energy Chamber |

Leapfrogging Is Not the Quick Energy Fix the World Seems to Think It Will Be (By NJ Ayuk)

The no-carbon approach may not be fully feasible, but a low-carbon approach most certainly is

By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) As the hottest year ever recorded draws to a close, climate change is passing from theory to reality and gaining ever-increasing urgency in statehouses around the world. The goal of achieving net zero CO2 emissions worldwide by 2050 is widely agreed…