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SEforALL's 100 Days Report details the organization's efforts to integrate sustainable energy into COVID-19 recovery plans through 'Recover Better' guides for Africa, the Caribbean, and Southeast Asia. The report highlights the pandemic's severe impact on the off-grid sector, where surveyed companies expect revenue losses between 27% and 40%. It also outlines the launch of the 'Powering Healthcare' resource hub and the 'Chilling Prospects 2020' report, which identifies that 1.02 billion people lack cooling access. Strategically, SEforALL has approved a new Three-Year Business Plan (2021-2023) focusing on high-level advocacy and country-specific implementation across four thematic areas: Energy Diplomacy and Advocacy, Energy Access and Closing the Gap, Energy Transitions and Climate, and Intersection with other SDGs.

The report analyzes 61 green bonds (USD 56.6bn) from H1 2019, finding that EUR green bonds generally outperformed vanilla equivalents in oversubscription and spread compression. While 53% of allocations went to self-declared green investors, two-thirds of the sample priced without a new issue premium, and 61% showed tighter spreads than comparable bonds 28 days after pricing. A sector spotlight reveals that half of EUR Utility bonds issued in Q2 2019 were green, significantly exceeding the global average for the sector.

The German green bond market reached a cumulative emission volume of 33.6 billion EUR by May 2019, ranking fourth globally. The market is dominated by financial institutions and development banks, with clean energy and low-carbon buildings as the primary sectors for funding. The report highlights a high rate of external verification and reporting, while noting significant potential for growth among fully climate-aligned companies, particularly in the transport sector via Deutsche Bahn.

As of May 2019, Germany's cumulative green bond issuance reached EUR33.6bn, with clean energy and low-carbon buildings as the primary sectors for proceeds. The market is dominated by financial corporates and development banks, notably KfW, with a high prevalence of external reviews and post-issuance reporting. While sovereign green bonds have not yet been issued, the German government is exploring this possibility for 2020. The report also identifies a significant opportunity for growth among climate-aligned issuers, particularly in the transport sector via Deutsche Bahn.

The authors propose a market design featuring a regional spot market operated by an independent Regional Transmission Organization (RTO) using locational marginal pricing and security-constrained economic dispatch. To ensure long-term investment in clean resources and manage price risk, the model relies on decentralized bilateral contracts, such as Power Purchase Agreements (PPAs), rather than centralized capacity procurement. The authors contend that this approach facilitates the retirement of fossil fuel generation, promotes innovation in distributed energy resources, and minimizes political interference. They emphasize that public policy instruments, such as carbon pricing or portfolio standards, should complement this market structure by internalizing greenhouse gas externalities to accelerate the transition.

The document examines the risks that current short-term wholesale electricity markets, based on locational marginal prices (LMPs), may fail to provide sufficient price signals to sustain the investment needed for deep decarbonization. This is primarily due to the minimal short-run marginal costs of variable renewable energy (VRE) and the fact that VRE resources often cannot capture scarcity prices during production lulls. To mitigate this, the authors propose long-term markets that provide contractual certainty through power purchase agreements (PPAs) or similar mechanisms. The report compares three specific proposals (by Corneli, Gimon, and Pierpont), identifying six core commonalities: the use of long-term contracts, voluntary participation, coordination with short-term markets, incremental implementation, optimized policy guidance, and organic implementation pathways. The authors suggest that these long-term markets can better identify efficient portfolios of VRE, storage, and flexible load across broad regions, reducing the risk of overbuild or incompatible resource mixes.

Nigeria is Africa's largest recipient of remittances, with 2018 inflows reaching USD 24.2 billion, yet the market is characterized by high informality and significant barriers to formal service expansion. While the country possesses a sophisticated national payment system and high internet penetration, formal remittance growth is hindered by tight foreign exchange controls, high licensing requirements, and a lack of financial access points in rural areas. The report highlights a stark contrast in costs between corridors, with USA and UK transfers being competitive while the Cameroon corridor remains exorbitant. Key recommendations include incentivizing mobile network operator participation through Payment Service Bank licenses, revising capital outflow limits, and harmonizing biometric identity systems to reduce onboarding friction.

The report analyzes 34 benchmark-sized green bonds issued between July and December 2018. It finds that EUR green bonds generally achieved higher oversubscription and better secondary market performance than vanilla equivalents, while USD green bonds showed more muted demand. Only two bonds exhibited a 'greenium' (pricing inside their yield curve). The report also highlights China as the largest emerging market source of green bonds and explores the potential for green bonds to provide downside risk protection during market volatility.

The report examines the operations of mineral and metal commodity trading companies, highlighting their role as intermediaries and financiers for mining companies, particularly small-scale producers in emerging economies. It identifies that while most traders operate independently—reducing the risk of transfer pricing—their lack of transparency and use of complex corporate structures can facilitate tax evasion and corruption. The document specifically analyzes risks associated with 'metal streaming' and prepayments, which can shift wealth from host countries to investors. It recommends that host governments implement mandatory contract registration, use internationally recognized pricing for tax calculations, and strengthen financial disclosure requirements for private trading firms.

The report finds that while Nestlé removed sucrose from products for babies aged 0-12 months, it failed to remove vanilla flavourings in China and Hong Kong. It further argues that Nestlé continues to breach the WHO Marketing Code by comparing its products to breastmilk and employs 'premiumisation' pricing strategies that lack scientific justification, resulting in significant price disparities between products and markets.

The report details how private equity firms have aggressively expanded their ownership of U.S. apartment buildings, often employing 'value-added' or 'opportunistic' strategies to maximize returns. These strategies can involve pushing out lower-income tenants through rent hikes and neglect to convert properties into high-rent assets. The document identifies major players like Blackstone, Starwood Capital, and Brookfield Asset Management, noting their shift toward large-scale portfolio acquisitions and the use of high debt levels to finance growth.

The Kigali First Movers (KFM) project seeks to shift the air conditioning (AC) market in Costa Rica, Indonesia, and Ghana away from high-global warming potential (GWP) refrigerants and energy-inefficient models toward 'green AC' (defined as having GWP < 10 and utilizing best available technology for energy efficiency). The project is structured in two tranches: Tranche 1 focuses on Costa Rica (2020-2026), and Tranche 2 covers Indonesia and Ghana (2022-2028), supported by a global component. It targets a total mitigation impact of 37 MtCO2eq over its 20-year lifespan (2020-2040), with the bulk of reductions expected in Indonesia. The project addresses five main barrier categories: policy and regulatory frameworks, consumer behavior, technical capacity, technology availability, and finance. Key interventions include updating Minimum Energy Performance Standards (MEPS), training and certifying RAC technicians, implementing green public procurement, and providing financial mechanisms such as on-bill financing and installation subsidies. The total indicative cost is USD 133.4 million, with USD 43.7 million requested as GCF grants and USD 85.7 million in co-finance.

The document discusses the necessity of 'taxonomies'—systematic classifications of green assets—to prevent greenwashing and provide clear guidance for issuers and investors. It highlights the transition from voluntary international guidelines, such as the Green Bond Principles, to more comprehensive regulatory frameworks, most notably the EU Taxonomy for Sustainable Finance. The report also details the development of the ISO 14030 international standard and provides examples of regional guidelines in ASEAN, China, and other markets.

The document provides an overview of energy storage solutions, highlighting the transition from traditional pumped-storage hydropower to advanced battery technologies like lithium-ion. It details the technical trade-offs between different storage methods, the economic trends driving adoption, and the regulatory environment in the U.S. aimed at increasing grid flexibility and resilience.

The document reports on the growth of sovereign green bond issuance in 2018, noting that sovereign issuance reached 10.5% of the green bond market share. It details specific issuances from countries like France, Indonesia, and the Seychelles, and outlines the development of the Green Bond Market Development Toolkit for emerging markets. Additionally, it describes the EU's progress toward a sustainable finance taxonomy and the efforts of central banks, such as the Bank of England and De Nederlandsche Bank, to integrate climate risk into financial supervision and stress testing.

The Hong Kong green bond market experienced significant growth in 2018, driven by government incentives and private sector activity. While local entities issued USD 2.3bn in 2018, Hong Kong also serves as a major platform for non-local issuers, particularly from mainland China, with total issuance reaching USD 11bn according to HKMA data. The market is characterized by a high prevalence of external reviews and a concentration of proceeds in low-carbon buildings, water, and renewable energy.

Japan's green bond market, the 12th largest globally, is primarily driven by financial and non-financial corporate issuers, with a strong focus on buildings and energy projects. While the market has seen significant growth, particularly between 2016 and 2017, the report identifies substantial untapped potential in the public sector, residential property, and the manufacturing industry to help Japan meet its 2030 and 2050 greenhouse gas reduction targets.

The document examines the global green bond market for low-carbon buildings, highlighting the role of securitisations, covered bonds, and public infrastructure financing. It identifies Japan as a key player with significant potential to leverage these instruments for energy efficiency and climate adaptation.

Global green bond issuance grew by 3% in 2018 to USD 167.3bn, with the USA, China, and France remaining the top national markets. While growth slowed compared to 2017, the broader labelled bond market—including sustainability and social bonds—increased by 13% to USD 226.1bn. The Asia-Pacific region saw the highest growth rate at 35%, and financial corporates became a primary driver of issuance. The report also notes a trend toward larger, benchmark-sized bonds and the emergence of sovereign blue bonds.

The US corporate renewable energy market has expanded rapidly, with over 6 GW of announcements in 2018 alone, yet risk mitigation tools have not kept pace. The document identifies five key risks unfamiliar to corporate buyers—price, basis, shape, volume, and operational risk—and proposes a "many-sizes-for-all" approach. It outlines eight specific mitigation solutions, including five within the virtual power purchase agreement (VPPA) construct (hub-settled VPPAs, floors and collars, proxy generation, volume firming agreements, and fixed volume swaps) and three outside it (long-term REC agreements, project tranches, and contract tranches).