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Clean Technology Fund
The Climate Investment Funds (CIF) were established in 2008 as a multilateral climate fund in order to finance pilot projects in developing countries at the request of the G8 and G20. The CIF administers a collection of programs with a view of helping nations fight the impacts of climate change and accelerate their shift to a low-carbon economy. Tariye Gbadegesin, a Nigerian-American national, is the current CEO of CIF. CIF works in partnership with governments, the private sector, civil society, local communities, and six major multilateral development banks (MDBs). CIF investments are overseen by a governing board that provides equal authority to donor and recipient countries with input from official observers representing the private sector, civil society, and indigenous peoples. CIF consists of two funds; the Clean Technology Fund and the Strategic Climate Fund. Clean Technology Fund The World Bank is the Trustee of the CIFs, which works with most major multilateral dev ...
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Watt
The watt (symbol: W) is the unit of Power (physics), power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantification (science), quantify the rate of Work (physics), energy transfer. The watt is named in honor of James Watt (1736–1819), an 18th-century Scottish people, Scottish inventor, mechanical engineer, and chemist who improved the Newcomen engine with his own Watt steam engine, steam engine in 1776, which became fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one meter per second against a constant opposing force of one Newton (unit), newton, the rate at which Work (physics), work is done is one watt. \mathrm. In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potential difference of one volt (V), meaning the watt is equivalent to the vo ...
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International Renewable Energy Agency
The International Renewable Energy Agency (IRENA) is an intergovernmental organization mandated to facilitate cooperation, advance knowledge, and promote the adoption and sustainable use of renewable energy. It is the first international organisation to focus exclusively on renewable energy, addressing needs in both industrialised and developing countries. It was founded in 2009, and its statute entered into force on 8 July 2010. The agency is headquartered in Masdar City, Abu Dhabi. The Director-General of IRENA is Francesco La Camera, a national of Italy. IRENA is an official United Nations observer. History The first suggestions for an international renewable agency are based on the 1980 Brandt Report activities. NGOs and industry lobbying groups like Eurosolar, the World Council for Renewable Energy (WCRE) and the World Wind Energy Association (WWEA) have promoted IRENA for several decades. In 1990, the Austrian government of Franz Vranitzky suggested a renewables ag ...
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ...
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Luxembourg
Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembourg City, is one of the four institutional seats of the European Union and hosts several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority in the EU. As part of the Low Countries, Luxembourg has close historic, political, and cultural ties to Belgium and the Netherlands. Luxembourg's culture, people, and languages are greatly influenced by France and Germany: Luxembourgish, a Germanic language, is the only recognized national language of the Luxembourgish people and of the Grand Duchy of Luxembourg; French is the sole language for legislation; and both languages along with German are used for administrative matters. With an area of , Luxembourg is Europe's seventh-smallest count ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ...
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City
A city is a human settlement of a substantial size. The term "city" has different meanings around the world and in some places the settlement can be very small. Even where the term is limited to larger settlements, there is no universally agreed definition of the lower boundary for their size. In a narrower sense, a city can be defined as a permanent and Urban density, densely populated place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, Public utilities, utilities, land use, Manufacturing, production of goods, and communication. Their density facilitates interaction between people, government organisations, government organizations, and businesses, sometimes benefiting different parties in the process, such as improving the efficiency of goods and service distribution. Historically, city dwellers have been a small proportion of humanity overall, bu ...
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Reducing Emissions From Deforestation And Forest Degradation
REDD+ is a voluntary climate mitigation framework developed by the United Nations Framework Convention on Climate Change (UNFCCC). It aims to encourage developing countries to reduce greenhouse gas emissions and deforestation, enhance forest's removal of greenhouse gases, promote sustainable forest management, and financially incentivise these efforts. The acronym refers to "reducing emissions from deforestation and forest degradation in developing countries." The "+" refers the framework's forest conservation activities. Main elements The principles of national sovereignty and subsidiarity imply that the UNFCCC can only provide guidelines for implementation, and require that reports are submitted in a certain format and open for review by the convention. A set of requirements has been elaborated to ensure that REDD+ programs contain key elements that reports from parties are consistent and comparable and that their content is open to review and function of the objectives ...
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Renewable Energy
Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries. Some also consider Nuclear power proposed as renewable energy, nuclear power a renewable power source, although this is controversial, as nuclear energy requires mining uranium, a nonrenewable resource. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy is often deployed together with further electrification. This has several benefits: electricity can heat pump, move heat and Electric vehicle, vehicles efficiently and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, ''contro ...
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Kyoto Protocol
The was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (Canada withdrew from the protocol, effective December 2012) to the Protocol in 2020. The Kyoto Protocol implemented the objective of the UNFCCC to reduce the onset of global warming by reducing greenhouse gas concentrations in the atmosphere to "a level that would prevent dangerous anthropogenic interference with the climate system" (Article 2). The Kyoto Protocol applied to the seven greenhouse gases listed in Annex A: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexaflu ...
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National Adaptation Programme Of Action
A National Adaptation Programme of Action (NAPA) is a type of plan submitted to the United Nations Framework Convention on Climate Change (UNFCCC) by least developed countries, to describe the country's perception of its most "urgent and immediate needs to adapt to climate change". NAPAs are not supposed to include original research, but use existing information and include profiles of priority projects that are intended to address those needs that have been identified. The UNFCCC maintains a database of NAPAs, and of country priorities that have been identified within NAPAs. As of November 2011, it contained reports from 46 LDCs. The Least Developed Countries Fund (LDCF) was established to finance the preparation of NAPAs and to implement the projects that they propose. The LDCF currently has resources of at least US$415 million, of which US$177 million has been approved for 47 projects, attracting more than US$550 million in co-financing in the process. Details NAPAs are inte ...
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