He said that the absence of project de-risking and innovative finance are some of the barriers that have been holding back private investment in sustainable and quality infrastructure The definition of eradicating poverty is inadequate without including challenges with climate change, pandemics, fragility and food insecurity, which are all intertwined, World Bank president Ajay Banga […]
Improving Investment Conditions Could Make Indonesia a World Leader in Clean Energy
Indonesia could become a world leader in clean energy with further reforms to mobilise investment in renewables and energy efficiency, according to a new OECD report. The OECD Clean Energy Finance and Investment Policy Review of Indonesia says Indonesia has abundant untapped potential for finance and investment in renewable energy and energy efficiency, areas that […]
Improving Investment Conditions Could Make Indonesia a World Leader in Clean Energy, Says OECD
Indonesia could become a world leader in clean energy with further reforms to mobilise investment in renewables and energy efficiency, according to a new OECD report. The OECD Clean Energy Finance and Investment Policy Review of Indonesia says Indonesia has abundant untapped potential for finance and investment in renewable energy and energy efficiency, areas that […]
Korea Far Behind World Average in Renewable Energy
SEJONG : South Korea was found to have fallen far short of the world average in renewable energy use, amid a global ramp-up in efforts to attain carbon neutrality by 2050. The world economies’ average in the percentage of renewable energy of the total energy supply reached 13.51 percent, according to the Organization for Economic […]
Guterres asks for transition from coal to renewable energy
He urged all countries of the Organization for Economic Cooperation and Development (OECD) to commit to phasing out coal by 2030, and for non-OECD countries to do so by 2040. United Nations: UN Secretary-General Antonio Guterres has asked countries and companies to give up coal for energy and move toward renewable sources. In a video […]
High electricity prices hurting India’s exports: OECD
India ranked 108th out of 141 economies in 2019 on the World Economic Forum competitiveness index for the quality of electricity supply New Delhi : The competitiveness of India’s electricity-intensive exports has suffered from relatively high electricity prices and the lack of reliable provision in some parts of the country, according to the latest India […]
