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Pakistan to receive $780 million loan for energy efficiency

Pakistan to receive $780 million loan for energy efficiency

The Asian Development Bank is to lend Pakistan $780 million to support energy efficiency projects aimed at stabilising power supplies and reducing reliance on fossil fuels.

Chinese city Huainan

China and EU to create ‘smart cities’

China and EU to create ‘smart cities’

Both China and the EU are planning to develop so-called ‘smart cities’ to serve as models of environmental protection and development.

World Bank increases renewables and energy efficiency financing to $3.3 billion

World Bank increases renewables and energy efficiency financing to $3.3 billion

Over the last year, the World Bank has increased its funding of renewable energy and energy efficiency projects in developing countries by 24% to $3.3 billion.

Ontario to phase out coal by 2014

Ontario to phase out coal by 2014

The Canadian province of Ontario has unveiled plans to phase out four major coal power units in a bid to be completely coal-free by 2014.

India to set energy efficiency targets for industry in 2010

India to set energy efficiency targets for industry in 2010

The Indian Government has confirmed that it plans to set energy efficiency targets for more than 700 energy-intensive industrial operations by the end of next year.

Japan sets ambitious emissions reduction target

Japan sets ambitious emissions reduction target

Japan’s newly elected Prime Minister-designate Yukio Hatoyama has announced plans to reduce the country’s CO2 emissions by 25% below 1990 levels by 2020.

Australia aims for 20% electricity from renewables by 2020

Australia aims for 20% electricity from renewables by 2020

The Australian Government has committed to generating 20% of the country’s electricity from renewable sources by 2020.

India unveils energy efficiency trading scheme

India unveils energy efficiency trading scheme

India’s Prime Minister has unveiled plans to launch an energy efficiency trading scheme aimed at reducing consumption by around 5% annually by 2015.

Tokyo to trial electric taxis with switchable batteries

Tokyo to trial electric taxis with switchable batteries

Better Place has announced that it is working with the Japanese Government on a trial of electric taxis with switchable in the country’s capital Tokyo.

Gorgon development moves step closer

Gorgon development moves step closer

One of the hurdles to Australia’s Gorgon gas field development has been overcome with the Australian and Western Australian governments agreeing to jointly accept liability for the storage of CO2.