Norway Plans Billion-Dollar Clean Energy Initiative for Poor


(Reuters) – Norway wants to channel billions of dollars to renewable energies in developing nations, building on a scheme to protect tropical forests to which Oslo has been the biggest donor, officials said.

A Masaai herdsman looks after his cattle near the power-generating wind turbines

A Masaai herdsman looks after his cattle near the power-generating wind turbines at the Kenya Electricity Generating Company (KenGen) station in Ngong hills, 22 km (13.7 miles) southwest of Kenya's capital Nairobi, July 17, 2009. Credit: Reuters/Thomas Mukoya

With cash to spare as the world’s number six oil exporter, Norway wants governments and private investors to join a plan it calls Energy+ to promote green energies such as solar or wind power to combat climate change.

“Energy+ is an initiative to promote access to energy and low-carbon development” in developing nations, according to an internal document from the Ministry of International Development obtained by Reuters.

Developed countries promised in 2009 to raise climate aid to $100 billion a year from 2020, to help developing nations curb emissions of greenhouse gases and adapt to impacts such as floods, droughts, heatwaves and rising seas. …

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3 Responses to Norway Plans Billion-Dollar Clean Energy Initiative for Poor

  1. Christine says:

    What a feel-good story, Alan, thanks for posting it!

  2. Pingback: Norway Invests In Renewable Energies To Save Rainforests

  3. Pingback: Many developing nations are missing out on a surge in investments « Economically Green

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