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India Energy Subsidy July 2019 Update
The document details recent Indian government interventions in the energy sector, including a reduction in fuel excise duties to counter high oil prices and the launch of significant funding for solar power and electric vehicles. It also addresses the financial distress of electricity distribution companies (DISCOMs) and the legal rulings regarding stressed coal-fired power plants.
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Document type: Briefing
Consideration of funding proposals – Addendum IX Funding proposal package for FP115
The Espejo de Tarapacá project in Chile proposes the construction of a 300 MW pumped storage hydroelectric (PSH) plant and a 561 MW-AC photovoltaic (PV) solar plant. The project aims to provide a renewable baseload energy solution to the Chilean national grid, reducing CO2 emissions by an average of 1,001,187 tonnes per year. The proposal requests US$ 60 million in direct equity from the Green Climate Fund (GCF) to act as an 'anchor' investor, helping to overcome market barriers and attract an additional US$ 1 billion in private sector debt and equity. Beyond energy generation, the project includes adaptation measures for local fishing communities in the Tarapacá Region, such as providing stable drinking water via a desalination plant and funding for economic diversification.
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Document type: Report
INTRODUCTION OF THE LIFE AFTER COAL CAMPAIGN AND ENERGY ISSUES FOR PRIORITISATION
The Life After Coal Campaign advocates for the urgent phase-out of coal-fired power in South Africa to mitigate climate change and economic risks. The campaign calls for the cancellation of several coal projects, including the Coal IPP Programme and remaining units of the Kusile power station, while urging the government to remove barriers to renewable energy procurement and finalise the Integrated Resource Plan for Electricity (IRP). The document argues that continuing investment in coal infrastructure risks stranding assets and workers, noting that a low-carbon transition is necessary to avoid an estimated $120 billion in transition risk by 2035.
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Document type: Statement
The New Gas Boom
The report identifies a massive global expansion of LNG infrastructure, with at least 202 terminal projects in development representing $1.3 trillion in capital outlays. This growth is heavily concentrated in North America, where the U.S. and Canada account for 74% of proposed new export capacity. The authors argue that this expansion risks creating stranded assets as renewable energy costs fall and that the lifecycle greenhouse gas impact of these projects is comparable to, or exceeds, that of new coal-fired power plants. Consequently, the report calls for a moratorium on new LNG construction to align with IPCC targets requiring gas use to decline by 2030 and 2050.
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Document type: Report
Fossil Fuel to Clean Energy Subsidy Swaps
The report advocates for "subsidy swaps," where governments redirect financial support from fossil fuels to clean energy (renewables and energy efficiency). It argues that while removing fossil fuel subsidies alone can reduce emissions, swapping those funds into clean energy magnifies long-term climate benefits and supports a "just transition" for workers and communities. The document provides evidence from India, Indonesia, Zambia, and Morocco to demonstrate the feasibility of this approach and suggests that governments should focus on large-scale on-grid renewables and leveraging private finance to maximize impact.
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Document type: Report
Bringing climate policy up to date: decreasing cost projections for renewable
The document applies a methodology to Canada's NDC, suggesting that since 2017, the falling costs of wind, solar PV, and batteries could enable a further reduction of the 2030 emissions target by 1 to 2 percentage points, or 4 to 9 MtCO2e.
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Document type: Case study
Mini-grid/off-grid Solution for Ger Area
XacBank LLC is seeking USD 914,425 from the Green Climate Fund to prepare a comprehensive funding proposal for a mini-grid system in Ulaanbaatar's ger areas. The project aims to address air pollution and utility inadequacies caused by coal-based heating and lack of sanitation. The requested PPF funding will support technical feasibility studies, financial and legal structuring, environmental and social impact assessments, and market analysis over a 14-month period.
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Document type: Report
REPORT OF FACTUAL FINDINGS (AGREED-UPON PROCEDURE)
Vigeo Eiris conducted a pre-issuance verification of AES Tietê Energia's 2019 Green Bond, confirming that the proceeds intended for the Guaimbé and AGV solar power plants in Brazil meet the Climate Bonds Standard version 2.1 and Solar Sector Criteria version 2.0. The bond, with anticipated proceeds up to BRL 820 million, aims to finance projects with a total installed capacity of 225 MW and an expected annual electricity generation of 480 GWh. The verification found that the projects are eligible under the 'Solar' classification of the Climate Bonds Taxonomy and that the issuer has established appropriate internal processes for tracking proceeds and managing unallocated funds.
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Document type: Report
Kivu Green Energy tackles one of Africa’s biggest energy gaps
Kivu Green Energy (KGE) is deploying solar PV and storage mini-grids in the Democratic Republic of the Congo (DRC) to replace expensive and unreliable diesel generation. Operating in challenging environments like North Kivu, KGE provides electricity to homes, businesses, and humanitarian organizations. The company aims to scale its capacity from a 1.3MW project in Goma to 1 GW by 2033 to serve 5 million urban customers, supported by the Energy Access Booster award.
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Document type: Case study
THE COAL COST CROSSOVER: ECONOMIC VIABILITY OF EXISTING COAL COMPARED TO NEW LOCAL WIND AND SOLAR RESOURCES
The report finds that a significant portion of the U.S. coal fleet is now more expensive to operate than replacing it with new local wind and solar power. In 2018, 74% of the fleet was 'at risk' of being undercut by renewables, a figure projected to rise to 86% by 2025. The analysis emphasizes that these findings are conservative because they only consider resources within 35 miles of existing plants and do not account for broader transmission expansion or combined energy portfolios.
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Document type: Report
India’s Energy Transition: The Impact of the Goods and Services Tax on Solar Photovoltaic and Coal Power Costs
The introduction of the GST in India has created a relative bias in favor of coal-based power by increasing the cost of solar PV generation while reducing the variable costs for existing coal plants. While total tax subsidies for both sources decreased, the absolute level of support for coal remains more than double that for solar PV. The analysis indicates that the GST increased the LCOE for solar park projects by 5.84% and decreased the variable LCOE for coal plants using domestic coal by approximately 1.6%.
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Document type: Briefing
MALI SOLAR RURAL ELECTRIFICATION PROJECT
The report provides a gender context analysis and a strategic framework to integrate gender perspectives into the 'Green Energy Services for Communities in Rural Mali' project. It identifies that rural women in Mali face significant energy poverty and a heavy domestic workload due to reliance on biomass, which contributes to deforestation and greenhouse gas emissions. The plan proposes specific actions across three project components: capacity building for institutions, installation of solar-powered minigrids, and support for the productive use of electricity. Key objectives include improving women's participation in decision-making, providing solar equipment for income-generating activities (such as motor pumps and dryers), and establishing a gender-responsive monitoring and evaluation system with sex-disaggregated data.
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Document type: Report
Energizing Finance: Understanding the Landscape 2019
The report finds that while electricity finance in 20 high-impact countries reached a record USD 36 billion in 2017, it remains far below the USD 51 billion annual requirement for universal household access. Clean cooking finance saw a critical decline, dropping 73 percent in 2017 compared to the 2015-16 period. The analysis highlights a systemic failure to direct funds toward the most vulnerable, particularly in Sub-Saharan Africa, and emphasizes the need for innovative financing mechanisms like results-based financing and pay-per-service models to bridge the gap.
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Document type: Report
ENERGIZING FINANCE: UNDERSTANDING THE LANDSCAPE 2019
The report finds that while electricity finance reached a high of USD 36 billion in 2017, only one-third benefited residential users, and clean cooking finance plummeted by 73% compared to 2015-16. It highlights severe underinvestment in Sub-Saharan Africa and the need for innovative financing to reach vulnerable groups, including women and displaced persons.
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Document type: Report
Building resilience in the solar PV sector through quality assurance and skills development
The document details the establishment of the South African Renewable Energy Technology Centre (SARETEC), a national accredited Solar PV Service Technician qualification, and the PV GreenCard voluntary quality assurance mechanism. It highlights the importance of local partnerships, international expertise (particularly from Germany), and proactive timing in addressing skills gaps to support both utility-scale and small-scale solar PV deployment in South Africa.
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Document type: Case study
Atlantis Renewable Energy Challenge: Building resilient youth in Atlantis, South Africa
The Atlantis Renewable Energy Challenge (AREC) is an annual non-curriculum inter-school competition for junior and high school students in Atlantis, South Africa. Launched in 2016 by GreenCape and the City of Cape Town, the programme aims to combat high youth unemployment by exposing learners to the renewable energy sector and the opportunities provided by the Atlantis Special Economic Zone (ASEZ). The competition has evolved from a high-school pilot to include junior schools and diverse themes—ranging from wind and solar energy to community murals—to engage students across various disciplines, including the arts. By 2019, participation grew to 389 students from 14 schools. The programme focuses on fostering creativity, teamwork, and career guidance to prepare youth for a changing global economy and the local growth of green technology manufacturing.
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Document type: Case study
GREEN ECONOMY SKILLS AUDIT 2019 REPORT
The report finds that while there is a general availability of skilled labour in Atlantis, many qualified residents commute to Cape Town, leaving local businesses to report skills shortages. It argues that the future of the A-SEZ lies in medium-sized, value-adding green businesses rather than mega-factories, as the utility-scale renewable energy market has been hindered by poor government implementation of the REIPPPP. The audit identifies a critical gap in 'soft skills' and STEM competencies, alongside systemic failures in the local education sector, particularly at West Coast College, which serves non-local students more than residents. Recommendations include a 'whole of society' approach to education, the establishment of a community ICT centre, and targeted bursaries for high-tech tooling training.
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Document type: Report
Utility-Scale Renewable Energy: Market Intelligence Report 2019
The report examines the South African utility-scale renewable energy market, focusing on the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) and the 2018 Integrated Resource Plan (IRP). It highlights the transition from a coal-dominated energy mix toward wind and solar, detailing the economic impact of the REIPPPP, emerging opportunities in municipal procurement and project refinancing, and the role of the Western Cape as a greentech hub.
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Document type: Report
Sustainable Agriculture: Market Intelligence Report 2019
The report highlights the role of water scarcity and climate change as primary drivers for the adoption of agricultural technology (agtech) in South Africa. It identifies significant growth opportunities in precision agriculture, undercover farming, renewable energy, and conservation agriculture, particularly within the Western Cape's high-value export crop sector. The document also outlines the regulatory landscape, including water restrictions, carbon tax, and land reform policies, while providing a directory of green finance resources.
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Document type: Report
THE ECONOMICS OF ZERO-ENERGY HOMES
The report finds that the incremental cost of building ZER homes is modest, averaging 1.8%, while ZE homes average a 7.3% premium. These costs often fall below consumer willingness-to-pay and mortgage-savings thresholds. The analysis identifies heat pumps, LED lighting, and ENERGY STAR appliances as cost-optimal measures and projects that ZE incremental costs will drop to 3.1%–5.5% by 2030 due to declining solar PV costs and efficiency gains. It emphasizes the need for skilled labor training and supportive policy frameworks to accelerate adoption across various US climate zones.
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Document type: Report