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Chinese bike-sharing start-up and UNDP cooperate to support innovative solutions to climate change challenges
The United Nations Development Programme (UNDP) and ofo, a Beijing-based start-up company that has become the world’s first and largest bike sharing platform, are joining forces to raise public awareness about climate change. The partnership will also provide financial support to innovative projects that address urban environmental challenges, expected to reach 100 million people, including […]
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China’s first vertical forest is rising in Nanjing
The two towers at 656 feet and 354 feet tall will rise above the Nanjing Pukou District and could provide the city with a breath of fresh air, producing around 132 pounds of oxygen every day as they absorb carbon dioxide. They’ll accomplish this air-cleaning feat with 1,100 flourishing trees from 23 local species and […]
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China's solar power capacity more than doubles in 2016
China's installed photovoltaic (PV) capacity more than doubled last year, turning the country into the world's biggest producer of solar energy by capacity, the National Energy Administration (NEA) said on last Saturday. Installed PV capacity rose to 77.42 gigawatts at the end of 2016, with the addition of 34.54 gigawatts over the course of the […]
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ADFD $90m Loan to Complete Hydroelectric Power Plant
Abu Dhabi Fund for Development (ADFD) attended the official opening of the Upper Atbara and Setit Dam Complex’s 320 megawatt hydroelectric power plant in Eastern Sudan. ADFD’s $90 million concessionary loan contributed to the completion of the plant’s power source. The project utilises natural water resources to reinforce agriculture production and generate electricity. It also […]
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Norway Launch a $400 Million Fund in Davos to Stop Deforestation and Boost Farming
Norway announces fund that will raise $400 million by 2020 and could lead to over $1.6 billion in deforestation-free agriculture investments Fund will protect 5 million hectares in countries that are working to reduce deforestation and forest and peat degradation The Government of Norway is setting up a new fund to kick-start investments in deforestation-free […]
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China dominate the global market in climate-friendly infrastructure investment
China issued 255 billion yuan (US$36.9bn) worth of green bonds in 2016, dominating the global market in climate-friendly infrastructure investment.
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Solar Could Become the Cheapest Power on Earth
Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the United Arab Emirates broke records with deals to generate electricity from sunshine for less than 3 cents a kilowatt-hour, half the […]
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Chinese firm signs contract to build road in Afghanistan
A Chinese construction firm signed a contract on Sunday to build a key road in central Afghanistan. Afghan Minister of Public Works Mahmuod Baligh and Vice Chairman of China Road and Bridge Corporation (CRBC) Lu Shan signed the 205-million-U.S. dollar deal during a ceremony held in Afghan Presidential Palace which was witnessed by President Mohammad […]
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Costa Rica use over 98% of renewable energy
Renewables supplied about 98.1 percent of Costa Rica's electricity for the year, the Costa Rican Electricity Institute (ICE) said in mid-December. Fossil fuels provided the remaining 1.9 percent. The country of 4.9 million people gets most of its electricity from large hydropower facilities, which are fed by multiple rivers and heavy seasonal rains. Geothermal plants […]
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World first plant to turn CO2 into valuable chemicals
A £3m industrial plant is capturing the CO2 emissions from a coal boiler and using the CO2 to make valuable chemicals. It is a world first. And just 100km away is the world's biggest solar farm, making power for 150,000 homes on a 10 sq km site. The industrial plant appears especially significant as it […]
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