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Billions of dollars being used to fund coal power in Africa and Asia

Envirotec Magazine

Research published on 16 September highlights the troubling trend of pockets of funders continuing to finance additional coal-fired generation capacity in South Asia and Sub-Saharan Africa. We continue to see significant investment in coal-fired power generation in countries with high rates of energy poverty.

Africa 130
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How to Get the Biggest Bang for our Clean Energy Buck in Southeast Asia

GreenTechMedia

Nowhere is a smarter approach needed than one of the last frontiers for coal expansion — Southeast Asia. But bad public policy and a lack of investment have conspired to limit the march of cheap clean energy in most of the region. That dilemma is only exacerbated by international development investment policies.

Asia 181
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Disconnects Between Minigrid Policy Stakeholders Keep Sector’s Bankability at Bay

GreenTechMedia

Insufficient policy environments are a well-documented bottleneck to the growth of the minigrid sector. Insufficient policy environments are a well-documented bottleneck to the growth of the minigrid sector. The African Minigrid Developers Association (AMDA) reports its members serve about 250,000 people.

Policy 130
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The Challenge of Developing East Africa – Part 2

Climate 4.0

The question is, how do the developed nations of the West effectively and honorably interact with the developing world today, in East Africa and elsewhere? Yet foreign direct investment (FDI) in the region remains sparse. The investments amount to about 1% per capita of the FDI invested in the United States or EU states, for example.

Africa 59
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BIMA raises $30 million to offer low-cost microinsurance

Impact Alpha

It has issued more than 35 million policies in Asia and Africa. COVID has spurred a surge in demand for its telehealth consultations and health policies. China-based fintech investor CreditEase Fintech Investment Fund led the funding round. Existing investors.

Asia 97
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1.5TW of additional transmission needed for net zero by 2040

Smart Energy International

For example Africa and Asia are seen as becoming net exporters of clean electricity with their export revenue offsetting the increased system costs, while the greatest savings are seen in North America with interconnectors between the US and Canada. Rather in sub-Saharan Africa a balance of interconnectors and mini grids is needed.

Africa 57
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The State of Off-Grid Energy Access

GreenTechMedia

Investments in off-grid power in Africa and Asia have skyrocketed in the last five years. More than $500 million dollars was invested in electrification in 2018, for the first time, an analysis by Wood Mackenzie found. Resources: Wood Mackenzie: Free report: Strategic Investments in Energy Access (by Ben Attia).

Africa 130