Tag: infrastructure

Europe’s External Climate Security Strategy: Paper

Global Gateway puts principled connectivity at the core of the EU’s external action, linking geoeconomic and climate diplomacy with development policies under a Team Europe approach. Selected projects are to be driven both by the needs of partner countries and the EU’s interests. The aim is to mobilise 300 billion euros in investments by 2027 by using public funds to crowd in private investments. The private sector is to play a key role in shaping the Global Gateway actions.

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What Does a New Federal Government Mean for the Australian Renewables Industry?

The Australian federal election was held on 21 May 2022. The Labor Party, led by Anthony Albanese, defeated the Liberal-National Coalition, led by Scott Morrison. Without a carbon market, federal and state governments have since sought to incentivise renewables through subsidies and the establishment of several green funds and schemes. The new Labor government plans to continue this approach.

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Green infrastructure investment opportunities in Indonesia

Indonesia requires USD 154 billion of investments to achieve the renewable target of 23% by 2025, and public funding is expected to only cover 51% of this requirement. The pandemic may cause further setbacks, as portions of the public budget have been diverted. In this context, the role of the private sector becomes increasingly critical for Indonesia to achieve its 2025 target and enable a sustainable recovery.

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US natural gas infrastructure gets ready to go green

The Infrastructure Investment and Jobs Act, which came into law on 15 November 2021, highlights infrastructure as foundational to the future of the US. However, it is the Build Back Better Agenda that has the biggest implications for midstream. As well as proposed expansions and extensions of the tax credits for wind, solar and storage, it would establish an EPA-regulated methane fee for petroleum and natural gas facilities.

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Funding Our Future: The US EV Transition Requires Infrastructure that Inspires Confidence and Powers All Communities

From the largest metropolitan areas in the United States like New York City to rural communities in Georgia, we need cleaner, more affordable, and efficient transportation options if we are going to solve climate change in a way that uplifts communities. Spent wisely, the $7.5 billion in EV charging funding can help us deliver the national backbone for a far superior fast charging network than exists today.

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Green Capex in Infrastructure

Increasingly we believe investors and broader stakeholders will look more closely at how much Green Capex is being funded and how funding, cost structure and innovation will impact execution towards Net Zero, Clean Water and broader Infrastructure goals. We expect Green Capex will primarily be funded by the private and public sectors, though for some products like residential solar, appliances and electric vehicles, individuals will play an important role.

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Barcelona’s Metropolitan Area plans to triple its solar energy capacity

The Metropolitan Area of Barcelona (AMB) aims to triple its solar power generation in one year. To this end, during 2021, 16 new photovoltaic systems will be installed on rooftops and infrastructure will be set up for recharging electric vehicles. For the entire infrastructure planned, investments to the tune of about six million euros will be required.

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Quality infrastructure key for smart mini-grids

Mini-grids are complex systems with different suppliers, they are developed for different applications and there is often high regulatory uncertainty regarding their installation and operation. The sustainable market growth and long-term profitability of mini-grid systems requires Quality Infrastructure.

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Opportunities for green finance in the Philippines

The Philippines has been one of the fastest growing economies in the Association of Southeast Asian Nations (ASEAN) and despite the covid-19 crisis, the economic growth is expected to rebound gradually in 2021–2022. However, this recovery from the COVID-19 crisis would need urgent focus on green infrastructure and creating an enabling environment for these investments. The Green Infrastructure Investment Opportunities: Philippines 2020 Report has been prepared by the Climate Bonds Initiative (CBI).

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Trends that show the economic benefits of US climate action

The US has made substantial progress towards a low-carbon economy over the past several years. According to research, the benefits of US climate action in today’s economic reality are evident. Strong climate action and investments in low-carbon infrastructure can be effective ways to recover from Covid-19 and secure the economy’s long-term success.

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