Page 17 - AfrElec Week 39 2021

AfrElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup REM: EBRD, EU And GCF Support Green
Global (NRG Power), in which the reader is Investments In Morocco
invited to join our team of international editors, The European Bank for Reconstruction and
who provide a snapshot of some of the key issues Development (EBRD) – supported by the
affecting their regional beats. We hope you will like Green Climate Fund (GCF) and the Europe-
NRG Power’s new concise format, but by clicking an Union – is providing a financial package of
on the headline link for each section the full text up to €25mn to Credit Immobilier et Hotelier
will be available. (CIH Bank) to support Morocco’s green tran-
sition, the EBRD said in a press release on Sep-
ASIAELEC: Asia’s Poorest Nations Call For tember 27.
Rich States To Keep Their $100bn Funding
Promises ENERGO: Low-Carbon Energy At 90% By
A group of 11 of Asia’s poorest countries have 2035, Russia Tells The World
called on the world’s richest states to keep to During his speech at the UN General Assembly,
their promise of $100bn per year in climate fi- Russian Deputy Prime Minister Alexander No-
nance in order to protect some of the world’s vak pledged that by 2035, the share of low-car-
most vulnerable countries from the adverse im- bon energy sources in Russia would increase to
pacts of climate change. 90% of the total, while the share of carbon-free
energy sources (hydro, renewables and nuclear)
in the energy balance would increase to 45%,
VTB Capital (VTBC) wrote on September 27.

Week 39 30•September•2021 www. NEWSBASE .com P17