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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. —Luiza Demôro, project manager for BloombergNEF.

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Volkswagen plans integrated mobility concept in Rwanda; vehicle production in Kenya

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Francis Gatare, Director of the Rwanda Development Board, and Thomas Schäfer, CEO of Volkswagen Group South Africa, this week signed a memorandum of understanding for a new integrated mobility concept in Kigali in the presence of Rwanda’s President Paul Kagame and Dr. Herbert Diess, CEO of the Volkswagen brand. initiative.

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Anglo American Platinum invests in Hydrogenious Technologies; liquid organic hydrogen carrier technology for H2 storage

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South Africa-based Anglo American Platinum , the world’s leading primary producer of platinum group metals (PGMs), has invested in the first close of the Series A financing round of Hydrogenious Technologies, a company developing liquid organic hydrogen carrier (LOHC) hydrogen storage technology. Click to enlarge.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion) and South Africa ($5.5 There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Emerging economies in Africa can gain significant long-term economic value by quickly setting up projects that support the low-carbon transition with transparent governance frameworks. In so doing, the country and the rest of Africa can extend their access from the US$271-billion battery precursor segment to the more lucrative US$1.4-trillion

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