Developing nations see 11-fold rise in solar

Developing nations have seen solar energy investment increase 11-fold since 2010. The figure has increased from $6.4 billion (£5.13bn) in 2010 to $71.8 billion (£57.57bn) in 2015, according to Climatescope’s clean energy index of 58 developing nations from Africa, Asia, Latin America and the Caribbean. This rise in investment has seen the total solar capacity of these countries soar from 289MW to 49.3GW and is largely attributable to the steeply […]

$100bn of green funding for vulnerable nations

A new Commonwealth initiative will unlock billions in climate finance for developing countries. The ‘Commonwealth Climate Finance Access Hub’ was officially launched last month by Commonwealth Secretary-General Patricia Scotland and Mauritius Prime Minister Anerood Jugnauth at a signing ceremony in New York. It will help 31 vulnerable nations such as Jamaica, Barbados, Mauritius and Namibia deal […]