Economy, Financing and South Africa

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

Green Car Congress

NOVEMBER 26, 2019

Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

Coal

Coal Clean Cleaning Financing

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

Green Car Congress

DECEMBER 23, 2016

Volkswagen is taking a further step to develop market potentials in Africa. Volkswagen South Africa is forging ahead with this initiative in Rwanda together with Volkswagen’s Kenyan partner DT Dobie based on current experience from the establishment of production in Kenya. Kenya is an opportunity market in Africa.

Rwanda

Rwanda Kenya South Africa Concept

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

SEPTEMBER 26, 2009

We will have our Energy and Finance Ministers, based on their national circumstances, develop implementation strategies and timeframes, and report back to Leaders at the next Summit. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

Saudi Arabia

Saudi Arabia Fuel South Africa South Korea

Energy ministers agree to help speed up global deployment of carbon capture and storage

Green Car Congress

APRIL 7, 2011

The following governments agreed to continue or initiate action in support of one or more of these recommendations by the next Clean Energy Ministerial: Australia, Canada, France, Germany, Japan, Mexico, Norway, Republic of Korea, South Africa, the United Arab Emirates, the United States and the United Kingdom.

United Arab Emirates

United Arab Emirates Carbon Global Energy

Summary of decisions from Durban climate conference

Green Car Congress

DECEMBER 11, 2011

Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. as possible, but not later than 2015.

Climate

Climate Climate Change 2012 South Africa

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

Green Car Congress

AUGUST 4, 2014

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.

Hydrogen

Hydrogen South Africa Universal Renewable

Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Green Car Congress

DECEMBER 20, 2009

Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. Financing of adaptive measures would be prioritized for the most vulnerable countries, such as small island states and sub-Saharan African nations.

Climate

Climate Climate Change Tuvalu Obama

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

OCTOBER 24, 2011

Climate change presents major long-term risks to the global economy and to the assets in which we invest. United Nations Environment Programme Finance Initiative ( UNEP FI ) is a global partnership between the United Nations Environment Program (UNEP) and the global financial sector.

Climate Change

Climate Change Climate Global Energy

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

Green Car Congress

NOVEMBER 5, 2012

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. —PwC.

Climate Change

Climate Change Climate Saudi Arabia Economy

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

Green Car Congress

APRIL 6, 2015

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.

2014

2014 Renewable 2013 Wind

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

Green Car Congress

NOVEMBER 29, 2009

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.

Climate

Climate Climate Change 2009 Emissions

Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

NOVEMBER 22, 2011

Our economic modeling suggests that an investment of a few extra billion per year today could develop technologies that could save the economy hundreds of billions of dollars per year by 2050 in scenarios where there are stringent policies limiting how much carbon can be emitted.

Energy

Energy Clean Cleaning Carbon

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

Green Car Congress

NOVEMBER 29, 2021

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. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.

Africa

Africa Supplies Emissions Poland

EV Driven

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

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

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Energy ministers agree to help speed up global deployment of carbon capture and storage

Summary of decisions from Durban climate conference

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

Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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

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

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

Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

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

Stay Connected