The Green Climate Fund (GCF) is providing a $12 million grant as additional financing to the ongoing Cook Islands Renewable Energy Sector Project, which will help the country transition to a renewable energy future.
Recent regional climate change projections have consequences for human systems, particularly for developing countries in Asia and the Pacific.
Hometown investment trust funds, with revenues from taxes on pollutants, could provide much-needed finance for green energy projects.
Asia needs to invest $1.7 trillion a year in infrastructure to maintain growth—16% of the funds are needed for climate adaptation and mitigation measures.
A fast-growing solar power industry in India's Rajasthan will soon be transmitting up to 8,000 megawatts of renewable energy to the national grid.