The objective of this note is to identify/assess the barriers preventing local financial institutions from utilising carbon finance to support their financing activities, and to summarise existing attempts in using carbon revenues to enhance the bankability of these projects by reducing risks.
The National Strategic Plan of Barbados 2006–2025: Global Excellence, Barbadian Traditions provides the blueprint for the realisation of Barbados’ vision of becoming a fully developed society that is prosperous, socially just and globally competitive by the end of the first quarter of 20
Energy poverty - lack of access to electricity and reliance on traditional fuels for cooking and heating - remains an enduring problem.
At the very end of December 2014, Indonesia introduced major reforms to its fossil fuel subsidies: removing subsidies to gasoline, except for distribution costs outside of the central islands of Java, Bali and Madura and introducing a “fixed” subsidy of IDR 1,000 per litre for diesel.
For a long time, the international community has talked about the benefits that can be created by removing wasteful fossil-fuel subsidies and freeing up expenditure for more worthwhile things—but little analysis has looked at how this works out in practice.
This report is the final delivery of the Energy Efficiency Financial Institution Group (EEFIG) summarizing its work and thinking over the 16 months between October 2013 and February 2015.