Topic: International Markets

International Markets Articles

Bloomberg New Energy Finance Forecasts Rocky Shift toward Solar

The Bloomberg New Energy Finance (BNEF) Future of Energy Summit took place in New York City on April 4 and 5. In his international forecast keynote, Michael Liebreich, chairman of the BNEF advisory board, said 2015 was a landmark year for renewable energy but a dismal one for coal and oil. Demand for natural gas – especially exports of liquefied natural gas – is “alive and well and gathering speed,” he said.

How Is USAID Attracting Global Clean Energy Financing?

What has United States Agency for International Development (USAID) done to support efforts to scale up clean energy? What are the impacts of these clean energy projects? What is USAID’s strategy to attract funding from the private sector? In this interview, Jeffrey Haeni, energy division chief of the Bureau for Economic Growth, Education and Environment at USAID, shared his insights on global clean energy development.

Risky Business Environments May Hold Back Climate Goals

Many promises were made at the Paris climate conference. But a January report from McKinsey & Company, “Financing Change: How to Mobilize Private Sector Financing for Sustainable Infrastructure,” shows countries without business-enabling environments may see their clean energy goals stall or be delayed. This could potentially compromise many national efforts.

Global Environment Facility Spurs Investment in Clean Energy

As the biggest public funder of projects related to climate change, the Global Environment Facility (GEF) has played a crucial role in removing market barriers to investment in clean energy worldwide. Policy de-risking, investment aggregation mechanisms, and capacity building for banks and governments are key areas where the GEF has worked to increase the flow of financing.

Mexico City Solar Conference Offers More Questions than Answers

Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.