PFAN to Support Climate Adaptation, Renewable Energy Projects

first_imgMr. Idahor: “We want the participants to develop great climate change and clean energy projects .”Private Financial Advisory Network (PFAN), a global network of climate and clean energy financing experts was on Wednesday, May 29, 2019, introduced in Liberia to support entrepreneurs, who are engaged in advancing projects related to climate change adaptation and renewable energy.The introduction of the program was in Monrovia and was attended by more than 20 entrepreneurs in the climate change adaptation and renewable energy sectors.PFAN advises low-carbon, climate resilient businesses in developing countries, and matches projects to appropriate private financing with the aim to reduce Green House Gases (GHG) emissions and build climate resilience, thereby contributing to the Paris Agreement and the United Nations Sustainable Development Goals (UNSDGs.)  Currently, PFAN is hosted and managed by the United Nations Industrial Development Organization (UNIDO), and the Renewable Energy and Energy Efficiency Partnership (REEEP). It brings together key business players and government agencies to identify opportunities to form partnerships, access business development technical support and accelerate funding for climate Adaption and clean energy projects.  Primarily, PFAN works with Renewable Energy project developers, offering coaching and business model structuring, with the aim to present bankable adaptation projects to financial investors, bridging the gap between investors and adaptation-related business opportunities.PFAN Liberia Coordinator, Wilson Idahor, who introduced the organization to the renewable energy and climate change project developers, said since PFAN was established in 2006, it has raised a total financing of US$1.4 billion to build, install and operate over 890 megawatts of clean power for 113 projects across Africa, Asia and Latin America. He said the projects include solar and wind farms, biomass and biogas power plants, small hydro generators, and mini-grids for rural communities. According to Mr. Idahor, these projects have prevented over 3.5 million tons of carbon dioxide that otherwise could have been released in to the atmosphere annually. Mr. Idahor the called on the participants to develop great climate change and clean energy projects that can attract necessary investments to help the country reduce GHG. “We are willing to receive business plans from you that we can help to appropriately structure and attract investors, because this organization cannot meet its goals without working with private sectors,” he said. He further said that those business plans that could be shared with his organization must be sustainable to address GHG emissions.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Cold storm brings snow, hail to valley, mountains

first_img Los Angeles County fire Capt. Jim Bettencourt, stationed just south of Gorman, watched outdoors Friday as light snow fell. “It’s lightly snowing now,” he said at midmorning. “It’s not really sticking yet, but we’ll see.” Bettencourt has learned from experience to dress warm on days like this. “I’m wearing three layers – two pairs of socks and turnout boots,” he said. “I have gloves and a beanie – my blue beanie doesn’t look too professional with all yellow, but it works for me.” Bettencourt said his crew was out at 5 a.m., when a car had spun out on an icy Gorman bridge, and was stunned that motorists passed at 60 mph. “They’ve got to slow down when the weather’s like this,” he said. Charles F. Bostwick, (661) 267-5742 [email protected] local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECasino Insider: Here’s a look at San Manuel’s new high limit rooms, Asian restaurant The National Weather Service predicted that up to an inch of snow could fall today on the Antelope Valley, and 2 to 6 inches on the foothills around it. The snow level was predicted to be around 2,500 feet today, rising to 3,000 feet Sunday. Snow at 3,000 feet is still low enough to snarl traffic on the Antelope Valley Freeway, which tops 3,200 feet at its highest point between Acton and Agua Dulce. Downtown Palmdale is at about 2,700 feet, central Lancaster about 2,400 feet and Pearblossom about 3,100 feet. A chance of rain or snow persists through Tuesday, the Weather Service said. Caltrans crews and city workers were on standby with little-used snowplows ready to be put into commission. To the west in Frazier Park, schools closed as 2 inches of the white stuff lay on the ground by midmorning, with much more to come. PALMDALE – Snow flurries and hail came and went Friday in the Antelope Valley as a cold storm blew into Southern California from the Gulf of Alaska. Highway 58 through the Tehachapi Mountains was closed overnight but reopened Friday morning with California Highway Patrol officers escorting motorists to make sure they didn’t drive too fast on the slippery pavement. CHP officers also escorted Interstate 5 traffic through Tejon Pass because of light snow. “At this point we haven’t really seen any significant increase in the amount of incidents,” CHP traffic management center Officer Francisco Villalobos said Friday. last_img read more