$85m for renewable energy and energy efficiency for poor countries by U.S.
Post date: Dec 15, 2009 12:2:32 AM
The Climate REDI program will provide affordable solar home systems and LED lanterns to those without access to electricity, and improve the efficiency of appliances. It will establish an online platform in which technical resources for the deployment of clean energy technologies will be exchanged, and provide policy support and technical assistance to low-income countries. The combined budget for the programs under Climate REDI will be $350 million over five years. A total of $85 million will be contributed by the U.S.
source: reuters.com | climatebiz.com
The talks temporarily stalled on Monday when African countries walked out, accusing rich countries of trying to kill the U.N. Kyoto Protocol which set targets for emissions cuts by most industrialized countries.
Solar-generated Lighting systems and LED lantern
Projects which the fund will support include a plan to speed affordable solar-generated lighting systems and LED lanterns to those without access to electricity.
Kerosine lamps cause 1.6 m deaths per year
Chu said the devices would eliminate air pollution from indoor kerosene lamps that he said contributes to 1.6 million deaths per year in poor countries.
Other facets of the programme are the encouragement of more energy-efficient appliances in developing countries and rich country information-sharing of clean energy technologies.
World Bank climate fund : renewable energy plans
The White House said the financing would enhance a World Bank strategic climate fund that helps poor countries develop national renewable energy plans.
COPENHAGEN The United States pledged on Monday to contribute $85 million to a $350 million multinational fund aimed at speeding up renewable energy and energy efficiency technologies in poor countries.
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