Poor Countries Tap Renewables at Twice the Pace of Rich

Emerging markets are installing renewable energy projects at almost twice the rate of developed nations, a report concluded. A study of 55 nations -- including China, Brazil, South Africa, Uruguay and Kenya -- found that they’ve installed a combined 142 gigawatts from 2008 to 2013. The 143 percent growth in renewables in those markets compares with an 84 percent rate in wealthier nations, which installed 213 megawatts, according to a report released today by Climatescope.

Civil Society Statement Calling on the ADB to End Support for Coal  

Signed by 72 organisations from 19 countries on the occasion of the 2014 Asia Clean Energy Forum The Asian Development Bank has been a major funder of coal-fired power plants globally. Between 1994 and 2012, the institution was the third largest public international financier of coal-fired power plants, investing $3.9 billion in 21 projects.[1] Over the past six years, the institution invested $1.69 billion in five coal plants, including $900 million in the Jamshoro plant in Pakistan and $450 million in the controversial Tata Mundra Ultra Mega Coal plant in the Indian state of Gujarat.[2] The ADB’s continued support for coal is out of step with its stated intention of rapidly increasing investment in clean energy, and with international norms.

Coal impacts on water

Coal is one of the most-water intensive methods of generating electricity. A typical coal plant withdraws enough water to fill an Olympic-sized swimming pool every three and a half minutes. This article summarises the major threats to global water resources from coal expansion.

Identifying the Global Coal Industry’s Water Risks

The trend is clear: Regional water concerns are creating significant financial risks, thanks in large part to advanced global commodity trading and energy industries’ high dependence on water. And it’s a trend that is poised to worsen. This article from World Resources Institute outlines the global coal industry's water risks.