A group of Spanish investors is building a new bioethanol plant in the western region of Extremadura that should be producing fuel from maize in 2009. Alcoholes Biocarburantes de Extremadura (Albiex) has already started work on the site near Badajoz and expects to spend €42/$59 million on the plant in the next two years. It will produce 110 million litres a year of bioethanol and 87 million kg of grain byproduct that can be used for animal feed.
Inter-American Development Bank launches energy and climate change initiative
The Inter-American Development Bank (IDB) has approved its 'Sustainable Energy and Climate Change Initiative'. The plan aims to help the countries of Latin America and the Caribbean to expand the use of renewable energy and energy efficiency technologies, increase their access to international carbon finance, and support efforts to adapt to climate change.
The initiative calls for action in four key areas:
biomass :: bioenergy :: energy :: sustainability :: renewables :: biofuels :: climate change :: Clean Development Mechanism :: Latin America :: Caribbean ::
The new initiative and action plan follow a series of studies and events that the Bank has undertaken to identify opportunities and needs for renewable energy, energy efficiency and climate change mitigation and adaptation. Last November the IDB held a regional conference, “Sustainable Energy and Climate Change Investment in Latin American and the Caribbean” in which decision-makers from the public and private sectors discussed how to increase investments in sustainable energy in the priority areas of energy production, housing, transportation and industry, as well as opportunities for climate change mitigation and adaptation.
The initiative calls for action in four key areas:
- Renewables: the IDB will help countries to assess their potential for renewable energy and energy efficiency to meet their energy needs. It will also work to minimize regulatory, institutional, and financial barriers to making investments in these areas while increasing incentives. In addition, the IDB will finance renewable energy and energy efficiency projects.
- Biofuels: the initiative also calls for the IDB to help countries assess their potential as producers of biofuels, promote policies that support biofuel development, and finance biofuel projects and the adaptation of new biofuel technologies.
- Greenhouse gas emissions: the Bank will develop so-called Clean Development Mechanism (CDM) projects in which entities in industrialized countries receive credit in exchange for financing projects in developing countries that reduce greenhouse gas emissions. The IDB will work to lower transaction costs and risks for such operations as well as strengthen the capacity of the region’s countries to participate in the international carbon market.
- Climate risk assessments: the IDB will consider the risk of climate change in operations in its borrowing countries, particularly to reduce the vulnerability of urban and regional infrastructure and rural communities.
biomass :: bioenergy :: energy :: sustainability :: renewables :: biofuels :: climate change :: Clean Development Mechanism :: Latin America :: Caribbean :: - Support for creating business models for energy efficiency services
- An analysis of the role and potential for biofuels in Central America.
- An assessment of the potential for biofuel production from sugar cane in Guyana, Jamaica and Barbados and the possibilities for these countries to obtain carbon credits through the CDM specialized market.
- An assessment study of biofuels for transport in Mexico.
- An operation to improve energy efficiency in water pumping systems in El Salvador.
- A study of opportunities to increase efficiency in residential, service and commercial sectors in Central America.
- The development of a renewable energy tool kit tailored for Latin America.
- Assistance to countries in preparing CDM documentation.
The new initiative and action plan follow a series of studies and events that the Bank has undertaken to identify opportunities and needs for renewable energy, energy efficiency and climate change mitigation and adaptation. Last November the IDB held a regional conference, “Sustainable Energy and Climate Change Investment in Latin American and the Caribbean” in which decision-makers from the public and private sectors discussed how to increase investments in sustainable energy in the priority areas of energy production, housing, transportation and industry, as well as opportunities for climate change mitigation and adaptation.
1 Comments:
COMMENT, may you please think of opening an office in Tanzania Dar-es-salaam ,which will be supporting people who are trying to educate the community of using other materials to produce energy, apart from always cutting down trees for firewood, this is mostly done in village areas but even in town, agood number of people are still using chacoal in their domestic activities.This keeps on destroying our environment.PLEASE THINK OF THAT,The area I come from ,the weather condition has changed verry much due to the ploblem of cutting down trees,we need to educate them of how they can even use the cow dang to produce energy for domestic use, insteady of going on cutting down trees for charcoal, Now I am 37 years old, when I was young my village was well surrounded with green trees, but now because of the above said problem the area looks like a desert, as it has never been covered with trees/green vegitation.Please help my people to eradicate the problem.I am ready to prepare a team which can do that as you being the director and sponsor, if Iam suported.Profesionaly, I am a Tutor having studied Geography as my major subject.SINDAGURU JOHN KISUKA ,P.O.Box 54444 DSM TANZANIA.Mobile No,+255 717 428311.
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