Rwanda’s energy rollout efforts received a boost yesterday following the operationalisation of $50 million to catalyse private sector’s investment in off-grid energy solutions.

Nationally Determined Contributions (NDCs) are a cornerstone of the Paris Agreement on climate change. They set out the actions that countries plan to undertake to achieve the agreement’s objectives, focused on limiting the rise in average global temperatures to well below 2°C, ideally to 1.5 °C.

Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business models, according to Creating Markets for Climate Business, a new report by IFC.

The report says that while coal has supplied nearly half of the progress from 2000 to date, its role is set to decline “dramatically”.

A joint World Bank-IFC programme and innovation, Lighting Africa, has announced the launch of a two-year consumer education campaign in Tanzania to promote solar off-grid lighting and energy produc

According to the report funded by WB’s International Finance Corporation (IFC), the market is largely dominated by low quality solar products.

Despite headway made in recent years, the decentralised renewable energy sector is still at an early stage and investing in this sector presents the significant challenge of matching the type and scale of finance offered by investors with the finance needs of small-scale energy access for unelectrified households.

DAR ES SALAAM, Sept 7 (Thomson Reuters Foundation) - When Asteria Lymo saw her prepaid electricity meter was short of units, she grabbed her smartphone and bought some using Tigo Pesa, a local appl

Consultations in the Philippines have called for “establishing an enabling environment for mini-grids” to expand energy access and increase national energy security based on renewable sources and technologies.

As solar photovoltaic (PV) power systems become increasingly competitive, continued market growth depends on assurances of performance and durability. Quality assurance protects and accelerates future PV investments, lowers capital costs, improves performance, extends module lifespans and lowers the resulting electricity costs.

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