The ESCO business model has been saving consumers energy, money and carbon for decades, at the same time offering healthy returns for companies. The market is now worth $29 billion, mostly concentrated in China, the USA and Europe. It’s a simple idea – deploy energy saving solutions (mostly technology) and use the cashflow that is generated to pay back the capital expenditure (capex) and make some profit. Whilst developing countries, especially in Africa, have only recently opened up the market (watch out for our forthcoming mapping of African ESCOs in partnership with the Basel Agency fo ..read more

As a regional sustainable finance pioneer, Bank of Africa has been integrating sustainability for more than 15 years, and more recently tackling climate-related impacts, opportunities, and risks. Bank of Africa (BOA) is present in 32 countries, including 20 on the African continent, and more than 15 thousand employees representing across our Group, so the impact potential of our Group is immense. In Morocco, the banking sector is very active on climate action thanks to front-runners like BANK OF AFRICA, in close collaboration with the Moroccan Central Bank. Climate action is instilled acro ..read more

As technology continues to advance, obsolete technologies give way to next-generation technologies. The consumerism ideology coupled with humankind’s appetite for affluence and an overall attitude of entitlement has dwarfed our sense of frugality. Our dwindled sense of frugality has left in its trail a lot of obsolescence and waste that plague our fragile communities and the Earth. Developed countries, in view of their strict environmental laws, find it convenient to dump older technologies on developing countries. Dumping of environmentally harmful products is defined as “the practice of e ..read more

Africa is set to embark on an unprecedented expansion of energy demand driven by their growing populations, fast growing economies, and improved living standards in the next decade. As urbanization and climate change rapidlyincrease the need for cooling in Africa, a strong focus on efficient cooling solutions is crucial for tempering the growth of electricity demand while ensuring an appropriate level of energy services. Currently, only aroundoneinthirteen households owns an air conditionerin Africa. According to the International Energy Agency (IEA), ownership of air conditioners in Afri ..read more

At the current pace, the planet will add 50% more warming to surpass the 1.5°C temperature threshold as early as 2030, making it more difficult for human and natural systems to adapt. Taking fast, ambitious action to reduce short lived climate pollutants (SLCPs)- methane, tropospheric ozone, black carbon, and hydrofluorocarbons (HFCs)—can cut the rate of global warming in half and Arctic warming by up to two-thirds. Aggressive cuts to SLCP emissions can avoid twice the warming that aggressive cuts to CO2 can by mid-century, and deliver multiple benefits for sustainable development and hum ..read more

As heads of state and industry leaders convene in Sharm El-Sheikh for COP 27 this month, energy professionals hope to discuss the clean energy transition – of which energy efficiency is a critical component.According to the International Energy Agency, investments in energy efficiency alone can achieve 40% of the emissions reductions needed to meet Paris Agreement climate goals. Energy efficiency investments in key areas like lighting and the building envelope not only reduce energy consumption but can bring cost savings to consumers. Already, new developments in the United States and Eur ..read more

Prof. Juan Manuel Ojea QuintanaJuan Manuel Ojea Quintana is a renowned professional in the Education field, His expertise lies in the field of design and implementation of high impact, nationwide, socio-educative programs. Presently he is the Director of Education of the Undersecretary of Energy Efficiency and Savings- Ministry of Energy and Mines, Argentina Nowadays there is an increasing international recognition in thatEducation on Sustainable Development is an integral element of quality and a driving force for sustainable development to be practiced. Both the Muscat Agreement ..read more

A ..read more

A ..read more

A ..read more