Sustainable Energy for Development: People, organizations, and projects active in environmentally benign energy sources for developing countries.
Sunday, September 29, 2002
Shell Solar One Million Solar Homes Fund progresses (Sept 24, 2002)
: "The fund aims to massively increase the use of PV systems in rural homes and businesses by making long term low interest loans available to customers and by giving businesses an incentive to establish rural operations. .. the Global Environmental Fund has given its tentative support to providing 40% of the required grant funding of $150 million to launch the Fund, and support for this approach has been confirmed in separate meetings between Phil Watts and the head of the IFC Peter Woicke, and the head of the World Bank James Wolfensohn. In addition, the Dutch, US, Canadian, Swiss, German, UK delegations have all indicated that they are interested in contributing to the Fund. " 9:12:07 PM
E7 Fund to bring electricity to poorer areas (Sept 24, 2002): 9 OECD utilities called the "e7," entered into a series of agreements with the UN during the World Summit on Sustainable Development aimed at expanding access by the poor to electricity. The members of the group "were committed to identifying new projects and pursuing feasibility studies. These studies, which she said often cost more than $1 million, are necessary to attract capital and financing, such as from regional development banks [or the] Kyoto Protocol's Clean Development Mechanism.. "Johannesburg affirmed that there is a growing recognition that for sustainable development to occur in an accelerated way, electricity needs to be installed early," according to Paul Loeffelman, Director of Environmental Policy of the American Electric Power, a member of the e-7. He said investments of between $140-$500 billion were needed to provide everyone in the world with electricity. 9:09:28 PM