The World Bank, via a $5.5 million program funded by the FIP's Dedicated Grant Mechanism, is working with Peruvian Amazon communities to strengthen indigenous capacity and governance in land titling and sustainable forest management.
The CTF- and IDB-supported program is financing over 27,000 low carbon homes in Mexico that include energy efficiency measures to reduce carbon emissions by 20 per cent while improving the comfort level of their owners.
The EBRD is channeling more than 75 million dollars to repair and rehabilitate one of the country's crucially important hydroelectric power plants - at the Qairokkum dam.
Morocco is investing in Concentrated Solar Power technology that will maximize the country's natural resources to meet its growing energy demand.
The proposed Project is fully in line with the 2014-2017 Country Partnership Strategy (CPS) for the Kingdom of Morocco. It will contribute to the development of the CPS results area 2.2 “increase renewable energy generation and enhance energy efficiency,” which is part of Morocco’s effort to reduce its dependence on fossil fuels, protection against excessive fluctuations of prices from fossil fuels, and the development of Morocco’s vast renewable energy resources. Morocco’s new strategy targets a renewable energy capacity of 41 percent by 2020. Morocco estimates that the Morocco Solar Plan, which is to deliver 2000 MW towards Morocco’s renewable energy target, will cost US $9 billion. The country is making resources available accordingly and has created a dedicated agency – MASEN – to implement the Moroccan Solar Plan.
Based on case studies of CSP projects in India and South Africa, market and policy analysis of the Spanish and international market, and after a series of dialogues in Asia, Europe and the US, CPI analysts will present the learnings for international financial institutions and national policymakers on how to improve policy design and lending practices to better achieve objectives
With support from CIF, Mexico is working with local communities and ejidos to meet the challenge of sustainable forest landscape management.
In Ukraine, for example, imported fossil fuels dominate the power market, leaving behind a heavy carbon footprint. Producing a unit of GDP here requires almost four times more energy than the EU average. To counteract this, the EBRD supports the country’s carbon offsetting through its Ukraine Sustainable Energy Lending Facility (USELF). It is a credit programme worth €140 million, available for small and medium-sized renewable energy projects ranging from hydro, wind, biomass and biogas to solar energy ventures.