Category Archives: SUSTAINABLE DEVELOPMENT

2017 International Year of Sustainable Tourism for Development

. . SUSTAINABLE DEVELOPMENT . .

An article from the United Nations World Tourism Organization

The United Nations 70th General Assembly has designated 2017 as the International Year of Sustainable Tourism for Development (A/RES/70/193). This is a unique opportunity to raise awareness on the contribution of sustainable tourism to development among public and private sector decision-makers and the public, while mobilizing all stakeholders to work together in making tourism a catalyst for positive change.


Official Video for the International Year

In the context of the universal 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs), the International Year aims to support a change in policies, business practices and consumer behavior towards a more sustainable tourism sector than can contribute to the SDGs.

The #IY2017 will promote tourism’s role in the following five key areas:

(1)        Inclusive and sustainable economic growth

(2)        Social inclusiveness, employment and poverty reduction

(3)        Resource efficiency, environmental protection and climate change

(4)        Cultural values, diversity and heritage

(5)        Mutual understanding, peace and security.

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(Click here for the french version of this article or click here for the Spanish version)

Question related to this article:

How can tourism promote a culture of peace?

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The World Tourism Organization (UNWTO), the United Nations Specialized Agency for Tourism, has been mandated to facilitate the organization and implementation of the International Year, in collaboration with Governments, relevant organizations of the United Nations system, international and regional organizations and other relevant stakeholders.

Join us in celebrating 2017 as the International Year of Sustainable Tourism for Development!

REPORT: Fossil Fuel Divestment Doubles in Size as Institutions Representing $5 Trillion Commit to Divest

. . SUSTAINABLE DEVELOPMENT . .

A press release from 350.org

The global movement to divest from fossil fuels has doubled in size since September 2015, according to the third annual Global Fossil Fuel Divestment and Clean Energy Investment Movement report from Arabella Advisors. The report, released today by the Divest-Invest network, comes exactly one year after world governments reached the Paris agreement on climate change.


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Global commitments to divest have reached 688 institutions across 76 countries, representing $5 trillion in assets under management.1 Notable announcements include Dublin’s Trinity College, 16 universities in the UK, the Islamic Society of North America, the American Public Health Association, and more.

“As we enter the final weeks of 2016, the hottest year in history, the success of the divestment movement is undeniable,” said May Boeve, 350.org Executive Director. “In the face of intensifying climate impacts, and regressive and anti-climate governments like the Trump administration, it’s more critical than ever that our institutions — especially at the local level — step up to break free from fossil fuel companies.”

What started as a campaign on university campuses in the United States has now become a mainstream, global movement permeating every sector of society. Divestment commitments and campaigns stem from all types of institutions: from universities and pension funds, to faith-based groups and health organizations, to the insurance sector and cultural institutions, and more.

Around the world, cultural institutions are taking leadership in the transition away from fossil fuels. The New York-based American Museum of Natural History responded to a campaign driven by scientists and activists calling for it to cut ties with fossil fuels, revealing it has reduced exposure of its $650 million endowment to coal, oil and gas, and is seeking portfolio managers who incorporate climate risk and prioritize renewables.

Five days ahead of the release of this report, campaigners with Divest Nobel released a letter signed by 17 Nobel laureates around the world, including Archbishop Desmond Tutu, calling on the Nobel Foundation to act in Alfred Nobel’s will and divest from fossil fuels.  

Question for this article:

Despite the vested interests of companies and governments, Can we make progress toward sustainable development?

Divestment: is it an effective tool to promote sustainable development?

Speakers at today’s press conference stressed the importance of divestment and climate action at the city and state level. Boeve announced that in just three days, on December 15, organizers with Divest New York will take action at a New York City pension board meeting calling on decision-makers to divest fully from fossil fuels and reinvest in a sustainable, local economy.

In October, the Diocese of Umuarama, which encompasses 45 parishes and about 490,000 inhabitants in Brazil, became the first Diocese, and the first institution in Latin America, to divest from fossil fuels.

“We cannot accommodate and continue allowing economic interests that seek exorbitant profits before the well being of people, to destroy biodiversity and ecosystems, nor continue dictating our energy model based on fossil fuels when we have so many other possibilities for clean, renewable energies,” said Dom Frei João Mamede Filho, Bishop of the Diocese of Umuarama, Brazil.

Today, several press events took place across the globe to showcase  this major milestone for the divestment movement. Notable speakers, such as former Executive VP of Mobil Lou Allstadt, Aine O’Gorman, a student representing recently-divested Trinity College of Dublin, and Mark Campanale of Carbon Tracker Initiative were featured at a video-press conference between New York City and London.

Campaigners in Cape Town held a press conference featuring, among others, the Anglican Church of South Africa who recently committed to divest. Coordinated events also took place in Tokyo, where organizers worked with Arabella Advisors to hold a media study session of the report. In Australia, faith groups hosted a webinar highlighting the moral imperative of fossil fuel divestment.

As the movement celebrates this tremendous milestone, it recognizes the increasingly urgent need for bold and swift action on the climate crisis.

“Fossil fuel divestment has become a mainstream $5 trillion movement because our institutions and society know that we need a rapid and just shift away from the fossil fuel economy,” said Yossi Cadan, 350.org Global Senior Divestment Campaigner. “But many institutions are moving far too slowly. That’s why we will take action around the world in May 2017 through global mobilisations to shine a spotlight on the impacts of the fossil fuel industry, and escalate the call for governments and institutions to divest.”

The Global Divestment Mobilisation for a fossil free world will take place between 5-13 of May, 2017

(Thank you to Janet Hudgins, the CPNN reporter for this article)

Laureates and scientists call on Nobel Prize Foundation to divest fossil fuels

. . SUSTAINABLE DEVELOPMENT . .

An article from gofossilfree.org

Citing the urgency of climate change, Nobel Prize winners and scientists have issued a letter calling on the Nobel Foundation to divest its $420 million endowment from fossil fuels. The letter coincides with the celebration of Nobel Days and the annual prize ceremonies.


Divest Nobel serve up oil and coal to Nobel nominees in Stockholm, November 2016
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The call from laureates and climate scientists cites the original intent of the Foundation – an organisational mission to recognize all that is good and innovative about humankind – to make the argument that the foundation cut ties with destructive fossil fuel companies.

Among the 14 laureates that signed the letter are atmospheric chemist Paul Josef Crutzen, physicist David Wineland and biologist Sir John Sulston, and several winners of the prestigious Nobel Peace Prize including Iranian human rights activist Shirin Ebadi, Yemeni women’s rights campaigner Tawakkol Karman and Argentinian human rights and peace activist Adolfo Pérez Esquivel. The letter has also been signed by eminent scientific contributors to the Nobel-winning Intergovernmental Panel on Climate Change (IPCC).

It’s hard to argue with Nobel Laureates who have made such incredible scientific discoveries, advanced human rights and helped foster peace and ends to major regional conflicts.

The laureates and scientists called on the Foundation to lead and set an example for the world, writing: “The Nobel Foundation has played a historic role in the struggle against climate change by recognising people who have highlighted and studied humankind’s impact on the climate. Today, in this time of urgent need, as we face a warming planet and strive to implement the Paris Agreement, we ask you to do more. Our educational and cultural institutions must do more than educate, they must be an example of a new pathway forward, free from the industries that have caused the most damage to our climate.”

Activists in Sweden, part of the Divest Nobel campaign, have already taken action by highlighting the links between the foundation’s investments and fossil fuel companies. Now with laureates and scientists joining the call, they hope the Foundation will be forced to listen – and act.

More than 600 institutions, foundations, universities and pension funds are already leading by committing to divest from destructive fossil fuel companies. Tell Nobel to join them and act on the message from laureates and scientists by adding your own name.

Sign the petition calling on Nobel Foundation to divest

(Thank you to Janet Hudgins, the CPNN reporter for this article)

Question for this article:

USA: Update from Standing Rock

. . SUSTAINABLE DEVELOPMENT . .

An article by ACLU published by Fourwinds10

On Sunday [December 4], just hours before the evacuation notice for the main protest camp at Standing Rock was to take effect, the Army Corps of Engineers denied a permit for the Dakota access pipeline to drill under the Missouri river – halting the pipeline construction.

This is a testament to the organizing power and resilience of the Standing Rock Sioux tribe, whose members have been fighting to protect their water and defend their sovereignty for more than nine months.

Over a quarter million ACLU supporters joined this fight. More than 250,000 of you called on the Department of Justice to demilitarize the police force confronting the nonviolent protesters and investigate possible constitutional violations. Over 46,000 of you sent a message to the Corps telling them not to silence free speech and shut down the biggest encampment at Standing Rock.

This fight is not over yet. The Corps must now consider alternate pipeline routes and will need to complete an Environmental Impact Statement, which could take months or years. The Standing Rock Sioux and other tribal leadership will continue to be key participants in this process.

We will continue to pressure the Department of Justice to hold police fully accountable for civil rights abuses committed against water protectors – including the many hundreds who have been detained and face criminal charges.

And we’ll continue to be vigilant should the Trump administration move to authorize construction on the pipeline.

For the moment, we celebrate this victory. and we will continue to fight to protect the rights of protesters, at standing rock and beyond.

Thank you for all that you have done,

Anthony for the ACLU action team

P.S. The father of an ACLU of South Dakota staff member, Jen Peterson, wrote a moving blog post: Why i joined my fellow vets at Standing Rock this weekend. ” it’s a great story.

Question for this article

47 of the world’s poorest countries are aiming to hit 100% renewable energy

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An article by Josh Hrala in Science Alert

As the world’s leading superpowers struggle to make the transition from fossil-based energy systems to more sustainable options, 47 of the world’s poorest nations have pledged to skip fossil fuels altogether and jump straight to using 100 percent renewable energy instead.

The ambitious goal was laid out by members of the Climate Vulnerable Forum (CVF) during the final day of the UN Climate Change Conference in Morocco last week, which discussed ways for countries to hit the targets set by the Paris Agreement late last year.

cvf

The idea, in a nutshell, is to have some of the world’s poorest countries skip from pre-industrialisation practices to renewables, allowing them to basically avoid the ‘messy part‘ in the middle where a need for more energy to support economic growth spurs fossil fuel use to dangerously high levels.

In economics, this sort of skipping is known as ‘leapfrogging’ and it occurs when a society skips a step of development that other countries have taken.

One of the best examples of this process is mobile phones in rural Africa.

In many African nations, people in remote areas ended up skipping the landline step, with only one land line per 33 people, and moved straight to mobile technology. Now one in 10 people have a cell phone – a transition that some have called a revolution.

Members of the CVF hope to perform the same kind of ‘leapfrogging’ with regards to energy.

The 47 members of the CVF – which includes nations like Bangladesh, Ethiopia, and Haiti – say they’ll “strive to meet 100 percent domestic renewable energy production as rapidly as possible, while working to end energy poverty and protect water and food security, taking into consideration national circumstances”.

The goal is to have all of these systems in place some time between 2030 and 2050, and the members have committed to presenting a detailed plan to the UN by 2020.

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Question for this article:

Are we making progress in renewable energy?

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The announcement comes at a time when countries around the world are trying to come up with a way to uphold the Paris Agreement set at the end of last year, which aims to keep global temperature levels from rising 1.5 degrees Celsius above pre-industrial levels.

“The commitments made by the Climate Vulnerable Forum today are both impressive and inspirational,” EU climate commissioner Miguel Arias Canete told Matt McGrath from the BBC.

“They have once again shown their moral leadership in this process with real-world commitments to action. These countries are already living the terrifying reality of climate change today and their very existence is on the line. The EU stands with them and their commitment to greater ambition in the years ahead.”

While large, more economically powerful countries are applauding the efforts, members of the CVF are questioning why some of the world’s super-powers are so reluctant to change course to protect our shared planet.

“We don’t know what countries are still waiting for to move towards net carbon neutrality and 100 percent renewable energy,” Edgar Gutierrez, Costa Rica’s minister for the environment, told the BBC.

“All parties should start the transition, otherwise we will all suffer.”

Another worry is that the world’s richest countries will stop providing financial support for the Paris Agreement.

The US had pledged to contribute US$3 billion to the US$100 billion pool the agreement hopes to amass by 2020, but so far, it’s only pitched in US$500 million.

These funds are supposed to provide developing countries with the capital they need to get started in changing their infrastructure, but if the richest countries refuse to pay – a threat recently made by US President-elect Donald Trump – it could seriously hinder or destroy the goals set in Paris.

Only time will tell how the situation will play out, but it’s definitely a step forward for the 47 countries of the CVF, and hopefully it will spur on other countries to take the same action.

World’s Largest Marine Reserve Created Off the Coast of Antarctica

. . SUSTAINABLE DEVELOPMENT . .

An article from Ecowatch

Today [October 28], the largest marine protected area in the world was created in the Ross Sea, off the coast of Antarctica. This is a huge victory for the whales, penguins and toothfish that live there and for the millions of people standing up to protect our oceans.

antarctica
Source: New Zealand Ministry of Foreign Affairs and Trade
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For years, Greenpeace has campaigned for protection of the Ross Sea at the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR), the international body responsible for stewardship of Antarctic waters. Each year, Greenpeace, the Antarctic Ocean Alliance and millions of people around the world would call on governments to do the right thing, each time thinking this was the year it would finally happen. But year after year, there was always something blocking progress. But this year, all of CCAMLR’s members finally agreed—it’s time to make the Ross Sea a protected sanctuary!

The Ross Sea sanctuary becomes the biggest marine protected area in the world, covering 1,550,000 km2 (which is roughly the size of three Texases, two Spains, or one Mongolia), almost three quarters of which will be a fully-protected.

Known as “the Last Ocean,” the Ross Sea has been identified by scientists as the most pristine shallow ocean left on Earth. It’s stunning, but we were starting to wonder if it would ever be protected…

To finally get agreement to protect the Ross Sea a time clause of 35 years was included, which means that in 35 years CCAMLR members will again need to decide on its future. Marine protection, to be truly effective, needs to be long lasting so we have all those years ahead of us to make sure when the Ross Sea sanctuary is up for renewal, there is no resistance to making it permanent. We’re pretty confident that by 2051 it will be a simple decision!

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Question for this article:

If we can connect up the planet through Internet, can’t we agree to preserve the planet?

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This year has already been a huge year for ocean protection.

The Ross Sea win comes on the heels of President Obama’s decision to expand the Papahanaumokuakea National Marine Monument, making it—until now—the world’s largest marine protected area. Just days before that, Obama also made history by establishing the first National Marine Monument in the Atlantic, protecting canyons and seamounts.

Other nations have been stepping up too on protecting their national waters—such as Chile’s creation of a massive marine park around Easter Island and the UK’s commitment to create protected “Blue Belts” around its overseas territories.

As big as these new sanctuaries are, the ocean is bigger still. Despite a pledge at the World Conservation Congress this summer to protect 30 percent of our oceans by 2030 , we have a long way to go to meet that target—and Greenpeace is pushing for more, with a goal of setting aside 40 percent of our world’s oceans as fully-protected sanctuaries.

The science is clear that ocean sanctuaries are vital to protecting biodiversity, rebuilding fish populations and increasing resilience to climate change. Unfortunately, long battles like the one that led to this victory for the Ross Sea need more than just good science—they need millions of people speaking up for our oceans. Without your voices, the best scientific case in the world is not enough to stand up against the short-term interests of the powerful commercial fishing lobby.

The tide seems to be turning on marine conservation, but as the long battle to win protection for the Ross Sea shows, getting action in shared seas, beyond national jurisdiction is a massive challenge. That’s why we need to do more to protect the so-called High Seas, which at the moment not only have no protection, they don’t even have an agreed system that could protect them. But we are getting there! Greenpeace is working tirelessly to ensure that United Nations delivers sanctuaries on the high seas, as well as campaigning and mobilizing to protect some of our most precious shared seas like the Arctic. With your help, we want to do even more.

Thank you all for your part in this victory! Together, we can keep the momentum building and ensure that we’ll have healthy oceans long into the future. Let’s make this the decade of ocean protection!

Global renewables capacity overtakes coal for first time

. .. SUSTAINABLE DEVELOPMENT .. .

An article from the Climate Examiner

Renewable sources of electricity overtook coal last year to become the largest source of installed capacity in the world, the International Energy Agency has reported.

coal

Some 153 gigawatts (GW) of net renewable electricity capacity was installed around the world over the course of 2015, up 15 percent on the previous year. For comparison, Canada’s entire electricity capacity in 2014 was 133 GW.

Most of the growth has come from solar and wind, the global body said in its Medium-term Renewable Market Report published this week. Of the total, 63 GW came from onshore wind and 49 GW from solar photovoltaic.

Forty percent of the growth has occurred in China, where reportedly two turbines were built every hour on average last year. The People’s Republic is expected to continue to lead the world in growth in renewables for the foreseeable future, followed by the United States, then the European Union.

“When people talk about China, they think about coal, but it is changing,” said IEA chief Fatih Birol.

Looking forward, the renewables sector is expected to climb by 42 percent between 2015 and 2021.

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Question for this article:

Are we making progress in renewable energy?

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The organization credits what it describes as “a transformation of global power markets led by renewables” to two factors. The first is a sharp reduction in costs for solar and onshore wind. Over the coming five years, costs for solar photovoltaic are predicted to drop by a further 25 percent and for onshore wind by 15 percent.

The second major factor has been government subsidies for the installation of renewable capacity. Over the next five years, policy changes in four key countries will drive much of the new growth: the US, China, India and Mexico.

The agency is careful to point out however that it is only the capacity to generate electricity that has surpassed coal, not the actual amount of electricity produced. Because wind and solar are intermittent—producing less or no electricity when the wind isn’t blowing or the sun isn’t shining, and at other times producing more electricity than needed—the proportion of actual generation remains much lower than coal, gas, hydro and nuclear, which can generate electricity at any time of the day.

Renewable sources of electricity are predicted to deliver 28 percent of generation by 2021, up from 23 percent last year. But most of this will come from existing hydroelectric dams. Hydro represented 71 percent of global renewable generation in 2015. Wind generated 15 percent, bio-energy eight percent and solar just four percent.

The report authors also warn that despite the significant growth in the sector, this is still insufficient to meet the Paris Agreement’s 2°C maximum increase in average global temperatures above pre-industrial times by the end of the century.

In addition, the IEA notes, while growth in clean electricity capacity has soared in the last few years, renewable penetration for transport and heating remains slow.

(Thank you to Janet Hudgins, the CPNN reporter for this article.)

IUCN Congress boosts support for Indigenous peoples’ rights

. . SUSTAINABLE DEVELOPMENT . .

An article from the IUCN (International Union for the Conservation of Nature)

Key decisions boosting support for Indigenous peoples’ rights have been adopted by IUCN State, government and civil society members today [9 September] at the IUCN World Conservation Congress taking place in Hawaiʻi.

uicn
Photo: Colectivo Siestesia – UICN América del Sur
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In a landmark decision, the IUCN Members’ Assembly has voted to create a new category of membership for Indigenous peoples’ organisations. This will open the opportunity to strengthen the presence and role of Indigenous organisations in IUCN – a unique membership union gathering 217 state and government agencies, 1, 066 NGOs, and networks of over 16,000 experts worldwide.

“Today’s decision to create a specific place for Indigenous peoples in the decision-making process of IUCN marks a major step towards achieving the equitable and sustainable use of natural resources,” says IUCN Director General Inger Andersen. “Indigenous peoples are key stewards of the world’s biodiversity. By giving them this crucial opportunity to be heard on the international stage, we have made our Union stronger, more inclusive and more democratic.”

“This decision is historical in that it is the first time in IUCN’s history that a new membership category has been established,” says Aroha Te Pareake Mead, Chair of IUCN’s Commission on Environmental, Economic and Social Policy (CEESP). “It also marks a turning point for the inclusion and full participation of Indigenous peoples in all aspects of IUCN’s work.

“For Indigenous peoples this provides an unprecedented opportunity to contribute to global policy on biocultural conservation, indigenous issues, traditional knowledge and the future direction of conservation as distinct peoples. I am proud of IUCN and its members for doing the right thing and enabling Indigenous peoples to speak for themselves as full members of the Union.”

IUCN Members have also called today for all protected areas to be considered as no-go areas for environmentally damaging industrial activities and infrastructure developments. IUCN Members emphasized the need for respect of Indigenous peoples’ rights as a high priority, to ensure their free, prior and informed consent in relation to activities in sacred natural sites and territories conserved by Indigenous peoples and local communities. To date, only World Heritage sites have been recognised as off limit.

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(Click here for the Spanish version of this article or here for the French version)

Question for this article

Indigenous peoples, Are they the true guardians of nature?

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The need for consideration of the rights of Indigenous peoples has also been emphasized as part of the decision to increase the coverage of marine protected areas in order to achieve effective conservation of the oceans.

Tomorrow IUCN Members are expected to vote on a motion related to primary forests, which highlights the role of Indigenous peoples and local communities in conserving intact forest landscapes. Ecosystems such as primary forests are vital for the protection of Indigenous cultures and livelihoods of the poorest and most marginalised communities.

Other motions important for Indigenous peoples have also been adopted on a wide range of topics.

The Members’ Assembly is the highest decision-making body of IUCN. It brings together IUCN Members to debate and establish environmental policy, to approve the IUCN Programme and to elect the IUCN Council and President.

Motions are proposed by IUCN Members every four years to set priorities for the work of IUCN. IUCN’s membership currently stands at over 1,300 and includes some of the most influential government and civil society organisations from more than 160 countries, giving the decisions taken at the IUCN Congress a powerful mandate.

Resolutions and Recommendations on important conservation issues are adopted by this unique global environmental parliament of governments and NGOs, guiding IUCN’s policy and work programme and as well as influencing many other organisations around the world.

About IUCN

IUCN, International Union for Conservation of Nature, helps the world find pragmatic solutions to our most pressing environment and development challenges. IUCN’s work focusses on valuing and conserving nature, ensuring effective and equitable governance of its use, and deploying nature-based solutions to global challenges in climate, food and development. IUCN supports scientific research, manages field projects all over the world, and brings governments, NGOs, the UN and companies together to develop policy, laws and best practice. IUCN is the world’s oldest and largest global environmental organisation, with almost 1,300 government and NGO Members and more than 15,000 volunteer experts in 185 countries. IUCN’s work is supported by almost 1,000 staff in 45 offices and hundreds of partners in public, NGO and private sectors around the world. www.iucn.org.

Boosting Renewables in Cities is Vital to Achieve Climate and Development Goals

. .. SUSTAINABLE DEVELOPMENT .. .

A press release from the International Renewable Energy Agency (IRENA)

Cities now have an unprecedented opportunity to transform and decarbonise their energy supply and use, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy in Cities, released today [18 October] on the sidelines of the Habitat III Conference in Quito, estimates energy use in 3,649 cities and explores their potential to scale-up renewable energy by 2030. It finds that while there is no one-size fits all solution, every city has massive potential to cost-effectively boost renewable energy use at the local level.

cities
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“Cities can play a transformative role in leading the world to a clean and sustainable energy future,” said Adnan Z. Amin, IRENA Director-General. “We have to rethink the entire urban energy landscape, which requires rigorous planning and holistic decision-making. Renewable energy, combined with energy efficiency, will power the future growth of cities. We must ensure this transition happens as soon as possible.”

Electricity use varies widely across cities depending on climate conditions, population density and development stage. Likewise, energy use for transport varies greatly depending on urbanisation models. Today, renewables supply only 20 per cent of this energy, but much more is possible. Renewable Energy in Cities outlines three priority areas – both in technology and in policy – where cities can take action to scale up renewables use: renewable energy in buildings (for heating, cooling, cooking, and appliances); sustainable options for transport (electric mobility and biofuels); and creating integrated urban energy systems.

Accounting for 65 per cent of global energy use and 70 per cent of man-made carbon emissions, cities must play a key role in the transition to a low-carbon economy. By highlighting best practice from cities around the world, the report shows what is possible and what policies are needed to enable the change. It also provides concrete examples of how city actors can accelerate the switch to renewable energy at the local level by acting as planners, regulators, financiers and operators of urban infrastructure.

“By 2050, urban populations are expected to double, making urbanisation one of this century’s most transformative trends,” said Mr. Amin. “Now is the time to grow with renewables, leapfrog dirty technology, and create cities of the future that people are proud to call home.”

Renewable Energy in Cities was released today in support of the United Nations Sustainable Development Goals and the Habitat III Conference taking place in Quito, Ecuador. Meeting every 20 years, this year’s Habitat Conference is focused on sustainable urbanisation. Within this context and for the first time ever, the Conference is discussing the proliferation of renewable energy as a means to achieve a sustainable urban future and common prosperity.

Download the Renewable Energy in Cities report

Question for this article:

China financing renewable energy

. .. SUSTAINABLE DEVELOPMENT .. .

Information drawn from various sources as indicated

China is playing a major role in financing renewable energy.

According to the UNEP study of Global Trends in Renewable Energy , as of 2015, China has invested $101.9 billion in renewable energy, 36% of the world’s total. The US is a distant second, at $44.1 billion.

china
New investment in renewable energy by country and asset class, 2015, and growth on 2014 – Source: UNEP, Bloomberg new energy finance
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Of course, the bulk of their investment is in China itself, but their investment is also noticeable in Latin America.

According to PV Magazine, Argentina is investing US $ 340 million in three solar facilities to generate 100 megawatts each. They are being built by three Chinese enterprises: Power China, Shanghai Electric and Talseun

Also in Argentina, according to Rio Negro, the country is investing US $250 million in wind farms to be supplied by Envision Energy, a Chinese firm.

Meanwhile, in Mexico’s inaugural power auction in April, according to PV Magazine , the Chinese solar power firm JinkoSolar signed long-term power purchase agreements with Mexico’s Federal Electricity Commission for three solar projects due to produce 188 MW by April 2018. According to the Bloomberg Company JinkoSolar is one of the fastest growing companies in the world.

According to Business News Americas, almost all the major solar power module manufacturers are Chinese, while five of the top ten wind blade manufacturers are Chinese – led by Goldwind, the biggest wind turbine supplier in the world. Goldwind has said it is interested in developing manufacturing facilities in Brazil and has also supplied turbines to projects in Ecuador, Panama, Bolivia and Chile.

Looking to the future, according the the UNEP study, China’s R&D spending challenged Europe’s for the first time in 2015, each investing $2.8 billion.. In third place, the US edged up to $1.5 billion. Solar continues to dominate renewable energy R&D, with spending rising to $4.5 billion and equal to that in all the other sectors combined.

Question for this article: