News and Blogs

ADB $275 million loan for “Green” Buses in People’s Republic of China

More public buses with lower greenhouse gas (GHG) emissions will soon be deployed on the roads of major cities in the People’s Republic of China (PRC) as the Asian Development Bank (ADB) helps bus operators shift their fleets to cleaner fuel. ADB has earmarked $275 million for up to five top-tier financial leasing companies in PRC to finance leased buses that run on cleaner fuel – such as compressed natural gas (CNG) and liquefied natural gas (LNG) – as well as electric and hybrid buses.

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ADB Finances "Green" Buses in People's Republic of China

The ADB project is supporting the expansion of “green” bus services in the People’s Republic of China, an initiative that will benefit low-income commuters, improve air quality and reduce GHG emissions. The initiative is in line with the $175 billion commitment made at the June 2012 UN Conference on Sustainable Development (UNCSD, or Rio+20) by multilateral development banks to improve transport in developing countries between 2012 and 2022.
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EEA Report Addresses End-User GHG Emissions From Energy

A new report by the European Environment Agency (EEA) allocates greenhouse gas (GHG) emissions of the energy sector, both direct and indirect, to energy users in order to understand demand-side trends driving energy-sector GHG emissions. The report found that 90% of the net increase in GHG emissions in the EU in 2010 was driven by energy production and consumption.
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OAS Announces Recipients of ECPA's Sustainable Communities Grants

The Organization for American States (OAS) has announced the 14 recipients from ten Central American and Caribbean countries of US$50,000 grants from the Energy and Climate Partnership of the Americas (ECPA) to non-governmental organizations, community associations and academic institutions for community-based projects in clean energy, disaster resilience, sustainable transport and waste management.
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EEA Assesses Emissions Performance of Car Manufacturers

The European Environment Agency (EEA) has released a report, titled “CO2 emissions performance of car manufacturers in 2011,” which shows that most cars manufactured in Europe have achieved 2012 emission reduction standards, with around 3.3% greater efficiency than new cars registered the previous year. the efficiency gains are largely due to a growing proportion of diesel vehicles, and a decrease in average engine and vehicle size, rather than through the use of alternative fuels.
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ADB E-Trike Project to Reduce Carbon Dioxide Emissions in the Philippines

The Asian Development Bank (ADB) is supporting a five-year project to replace 100,000 gasoline-burning tricycles with energy efficient electric tricycles, or E-Trikes, in Metro Manilla and urban centers in the Philippines. The E-Trike project will reduce carbon dioxide emissions by approximately 260,0000 tons annually and contribute to improved air quality. The project will also avoid US$100 million in fuel import costs, which will reduce dependency on foreign oil imports and increase driver income.
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IEA Bioenergy Newsletter Highlights Bioenergy Potential and Challenges in Austria

The International Energy Agency’s (IEA) Implementing Agreement on Bioenergy (IEA Bioenergy) newsletter notes that while bioenergy can contribute to Austria’s renewable energy targets, new technologies for transport fuels will need to be suported, while also discussing activities at the November Executive Committee meeting and Task 40 on Sustainable International Bioenergy Trade.
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ICAO Launches Green Meetings Calculator

The International Civil Aviation Organization (ICAO) has launched the Green Meetings Calculator to help UN organizations reduce carbon emissions associated with air travel to meetings. The application identifies an optimal meeting location based on calculated carbon emissions, as well as other parameters, and identifies all possible city venues accessible by a direct or one-stop connecting flight.
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