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A green reboot for cities: Strategies for post-COVID growth - Vimarsana News

A green reboot for cities: Strategies for post-COVID growth

A green reboot for cities: Strategies for post-COVID growth Thousands of municipalities are facing increased pressures to provide essential services while simultaneously coping with dramatic revenue declines. The situation is particularly severe in emerging markets where resources are sparse.  Now, as governments and investors direct funds to recovery efforts, city officials find themselves at a crossroads. The recovery choices they make today will set urban agendas for years to come. A new IFC report, “Ctrl-Alt-Del: A Green Reboot for Emerging Markets” analyzes how cities can allocate ...

Kenya to get part of Sh30tr clean energy fund - World Bank - Vimarsana News

Kenya to get part of Sh30tr clean energy fund - World Bank

Kenya, Nigeria, South Africa and Cote d’Ivoire stand to gain Sh6.3 trillion in investments into grid-scale renewable energy projects, creating 2.2 million jobs. This would help in reducing greenhouse-gas emissions by 46.5 million tonnes by 2030. “Investor appetite remains strong, with auctioned renewable capacity 15 per cent higher between January and October 2020 compared to the same period in 2019,” said the report. According to the IFC, falling prices of solar, wind and batteries will drive an eleven-fold increase in renewable energy generation globally by 2050. Subscribe to Our News...