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Monthly Archives: October 2016

Initiative addressess pressure on Uganda’s water resources


The governments of Uganda and Germany have successfully concluded negotiations aimed at agreeing on the development cooperation programme for the next two years. Both sides agreed on new programmes in the focus areas Energy, Water and Rural Development. These sectors are amongst the priority areas for Uganda. Further initiatives to strengthen governance and civil society were concluded. All bilateral programmes ...

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Kim, World Bank boss, clamours less coal, more green finance

Jim Yong Kim

President of the World Bank, Jim Yong Kim, has said that there is no prospect of achieving the goals set out under the historic Paris Climate Change Agreement if current plans for coal-fired stations, especially those planned for Asia, are built. He told a ministerial meeting on climate change in Washington DC on Monday that the central goal of the ...

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Turning Paris vision into reality


Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), addresses audience at the Chatham House Climate Change Conference in London on Monday 10 October, 2016 Let me first thank Rob Bailey for the warm welcome and the Royal Institute of International Affairs for the invitation to speak at the first Chatham House Climate Change Conference ...

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First wave-produced power in US goes online


Off the coast of Hawaii, a tall buoy bobs and sways in the water, using the rise and fall of the waves to generate electricity. The current travels through an undersea cable for a mile to a military base, where it feeds into Oahu’s power grid – the first wave-produced electricity to go online in the U.S. By some estimates, ...

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EU home owners to benefit from energy efficiency


Home buyers across the European Union (EU) could be offered better borrowing rates on mortgages in return for purchasing more energy efficient homes or committing to implement energy saving work within properties, under a ground-breaking project being pioneered by a unique partnership of banks, property valuers, energy efficiency businesses and utility providers. The European Energy Efficiency Mortgage initiative, launched a ...

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Shell appoints new Vice President for Nigeria, Gabon

Mr. Markus Droll

Shell has appointed a new Vice President for Nigeria and Gabon. He is Peter Costello. He succeeds Markus Droll, who assumes a new role of Executive Vice President, Projects in Shell International in Rijswijk, The Netherlands. Peter, an engineer by background, has spent over three decades in the oil and gas industry, starting his career in British Gas and working ...

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NEMA opens offices in three states

The National Emergency Management Agency (NEMA) has opened new operation offices in Adamawa, Edo and Kano states in its effort to bring disaster management closer to communities, and thereby reducing response time to disasters. A statement issued by the Head of Media and Public Relations, Sani Datti, quoted the Director General, Muhammad Sani Sidi, as saying during the weekend that ...

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As Paris Agreement enters into force, how do we move the money?

Agustín Carstens

Agustín Carstens, Governor of the Bank of Mexico, and Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), in this treatise, explore the financial implications of the coming into force of the Paris Agreement, as finance ministers and central bankers converge on Washington, DC for the IMF and World Bank Group Annual Meetings At the ...

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Nations strike climate deal on emissions from aviation

Dr. Olumuyiwa Benard Aliu

Government, industry and civil society representatives on Thursday in Montréal, Canada agreed on a new global market-based measure (GMBM) to control CO2 emissions from international aviation. The historic move came as the Plenary Session of the UN aviation agency’s 39th Assembly agreed to recommend adoption of a final Resolution text for the GMBM. “It has taken a great deal of effort ...

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Obama hails ‘historic’ ratification of Paris Agreement

President Barack Obama

President Barack Obama of the United States on Wednesday hailed the fact that enough nations have ratified the Paris climate accord for it to enter into force, telling reporters gathered in the Rose Garden, a garden bordering the Oval Office and the West Wing of the White House in Washington, DC: “Today is a historic day in the fight to protect our ...

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