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Banking on Bottom-up in Climate Finance

Devashree Saha Brookings Institution
Mark Muro Brookings
May 16, 2014
Last week we noted that with climate change accelerating and national governments adrift, climate-oriented finance is coming to the fore.
“Climate finance” entails applying the power of private-sector finance to scaling up low-carbon solutions. Its stock is rising now because the world needs to unleash massive flows of private capital in order to mitigate its carbon problem.
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Why Renewables are the Way Forward for Africa

Jasandra Nyker Biotherm Energy
May 15, 2014
If you take a solar map and a wind map and compare the African continent to other continents, you’ll see we have some of the best resources in the world. The solar resource in the Northern Cape of South Africa is 25 percent higher than that of Spain, and Spain is considered to be a world class site.
Renewable energy can bring enormous socio-economic benefits and be a ticket out of poverty for many Africans. As much as one needs roads, one needs power. And to get it from a renewable energy source means you are creating a sustainable electrical solution that will also power jobs.
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New Commerce Program Targets Other 95 Percent

Brock N Meeks Ideas Lab
May 14, 2014
A new program from the Commerce Department is aimed at breaking the focus too many U.S. firms have on the domestic market and helping them “fully capitalize on markets that are opening up around the world,” Commerce Secretary Penny Pritzker said during an event launching the initiative.
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National Climate Report Touts Importance of Natural Gas and Shale

Dana Bohan Energy In Depth
May 13, 2014
The Obama administration’s National Climate Assessment covers a wide array of energy sources and topics. But there is one key takeaway that has largely been lost in the initial coverage of the report: Natural gas development—especially from shale—is critical to both the future of American energy and the nation’s ability to reduce its carbon footprint.
From the report:
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    Dealing in Reality — Ex-Im Bank Keeps U.S. in Global Game

    Kate Bernard Hamilton Place Strategies
    May 12, 2014
    In the current debate over congressional reauthorization of the U.S. Export-Import Bank, Washington policy makers could do worse than take a cue from MTV’s The Real World: “Stop being polite and start getting real.”
    I’m talking about dealing in the reality of how the world works, rather than how we wished it would work, when considering policy initiatives.

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    Lighting Your World by the Power of the Moon

    Brock N Meeks Ideas Lab
    May 09, 2014
    Time and tide may wait for no man but they can be harnessed and used—predictably—to help shore up the world’s insatiable need for more energy.
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    7 Reasons to be Optimistic about Africa

    Michael Hastings Kpmg International
    May 08, 2014
    When I meet young Africans who have graduated from overseas universities, I’m struck by their excitement for Africa. They have a vision for their countries of origin, and a passion to return to, and invest in, their homelands. This new desire for engagement is a sign of incredible optimism and hope. There are many other signs of hope.
    1. A communication revolution, a data revolution
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    Cloud Mine

    GE Look Ahead
    May 07, 2014
    The Industrial Internet’s ability to connect disparate Internet-capable devices is still in its infancy. The potential for almost everything (from traffic lights to soap dispensers and more) to be outfitted with sensors has network builders scrambling to create the infrastructure to amass, process, store and retrieve both the raw and analysed Big Data that will eventually race through the system.
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    How to Introduce Entrepreneurship Within a Young Democracy

    Tom Kadala Atc Inc
    May 06, 2014
    During a recent Charlie Rose interview, Christine Lagarde, the president of the IMF (International Monetary Fund), shared her views with a packed audience of international economists in Washington D.C. on how young democracies such as South Africa or Malaysia commonly have fragile dual economies operating in parallel, one run by the ‘haves’ or wealthy, while the other by the ‘have nots’ or the impoverished.
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    The Large Potential for Small-Scale LNG

    May 05, 2014
    It’s widely expected that offshore gas will catch up to offshore oil in importance as the world’s energy demands continue to grow in the years ahead.
    Global energy use is expected to grow by 56 percent from 2010 to 2040, and there aren’t enough vessels to meet the fast-growing global demands for LNG. Ninety-six vessels were on order last year—representing a 25 percent growth to the global fleet of around 370 vessels.
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