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Tag: investment bank
World Bank calls for investment in solar
2013-07-25 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Solar Power: WBG is aiming to double the share of renewable energy power from 15% globally, to 30%. The World Bank Group (WBG) has released a report calling for more investment in solar energy as a tool for tackling extreme poverty. The 31-page report entitled Toward a Sustainable Future for All: Directions for the World Bank Group's Energy Sector, said that solar and other renewables had key role to play in helping reduce energy poverty, but "critically needed' more investment. The report's major goals...
Tags: world
bank
investment
calls
European Investment Bank Will Not Finance Most Coal Power Stations
2013-07-24 17:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: The European Investment Bank (EIB), the main lending arm of the European Union, has decided to stop financing most coal-fired power plants, part of an effort to help the 28-nation bloc meet ambitious greenhouse gas reduction targets by 2030. The EIB says that new and refurbished coal-fired power stations will be ineligible for funding unless they emit less than 550 grams of carbon dioxide per kilowatt hour, a standard that traditional coal power plants would be unable to meet. Power stations that...
Tags: power
finance
bank
investment
European Investment Bank halts lending to dirtiest coal power plants
2013-07-24 13:48:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Green groups have cautiously welcomed a decision by the world's largest public financial institution to phase out funding for certain coal power plants, after its directors agreed to stop lending to projects that emit the highest levels of carbon dioxide. The European Investment Bank (EIB) board of directors agreed late yesterday to adopt an emissions performance standard for energy projects, which aims to screen out those energy projects that could undermine the EU's climate change policies,...
Tags: power
bank
investment
european
Nordic Investment Bank funds Lithuanian rail project
2013-06-28 01:00:00| Railway Technology
The Nordic Investment Bank (NIB) has offered a 114m loan to Lithuanian Railways for the construction of a European-gauge track, as part of the future Rail Baltica route.
Tags: project
bank
investment
funds
Investment Bank Completes Nine Transactions in NJ and NYC
2013-06-18 15:28:00| National Real Estate Investor
Investors Banks Commercial Real Estate Lending Group recently completed nine large lending transactions in New Jersey and New York City that are valued at over $194 million. read more
Tags: bank
investment
nj
transactions