The Role of Fintech in Unlocking Green Finance: Policy Insights for Developing Countries

November 30, 2018

The achievement of the Sustainable Development Goals (SDGs) and implementation of the Paris Agreement will require significant new investment. New financial technologies (“fintech”) offer the potential to unlock green finance technologies, such as blockchain, the Internet of Things and big data, developed over the same timeframe as the Paris Agreement and the SDGs. This paper outlines three broad areas for the possible application of fintech to green finance: blockchain applications for sustainable development; blockchain use-cases for renewable energy, decentralized electricity market, carbon credits and climate finance; and innovation in financial instruments, including green bonds.

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UGE

UGE delivers immediate energy savings to businesses through tailored solar and storage solutions. We help commercial and industrial clients become more competitive through the low cost of distributed renewable energy. With over 340 MW of experience globally, we work daily to power a more sustainable world. Visit us at www.ugei.com.

OTHER WHITEPAPERS
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Achieving Sustainable Data Center Growth

whitePaper | October 23, 2022

Data centers today are estimated to constitute nearly 2% of global energy consumption. The decade-old fear of runaway growth in data center energy consumption hasn’t occurred. Hyperscale cloud service providers (CSPs) have largely managed that concern, with the help of industry vendors, through IT virtualization and higher utilization of power and thermal management infrastructure. At the same time, enterprises, usually less efficient than CSPs at managing data centers, have transitioned many of their workloads and applications to the cloud.

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Energy Transition in PJM:Resource Retirements, Replacements & Risks

whitePaper | February 24, 2023

Driven by industry trends and their associated challenges, PJM developed the following strategic pillars to ensure an efficient and reliable energy transition: facilitating decarbonization policies reliably and cost-effectively; planning/operating the grid of the future; and fostering innovation.

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Onsite Major Component Replacement Technologies for Floating Offshore Wind: the Status of the Industry

whitePaper | February 12, 2023

Amidst the rapid developments the floating offshore wind industry is experiencing, this white paper intends to build a preliminary classification of floating wind heavy maintenance concept types under development. Through a high-level comparative assessment of assigned crane families and an overarching discussion on strategy considerations, this white paper hopes to inform the decision processes of key stakeholders in the field. The findings from this work feed into the wider discussions of WFO’s Floating Offshore Wind Committee (FOWC), where the insurability and bankability perspective reflects on the challenges of floating wind and the new technologies that aim to solve them. These cross-discipline conversations remind us of the need to balance cost reductions and safety measures to preserve the risk perception of floating wind technologies, especially for the first commercial-scale projects.

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Advanced Strategies For Demand Flexibility Management and customer DER Compensation

whitePaper | June 22, 2022

California’s electricity system is undergoing rapid transformation on the pathway to 100% renewable power, with the expected high penetration of renewables, electrification of buildings and transportation, and deployment of behind-the-meter (BTM) distributed energy resources (DERs). Many stakeholders are concerned about potential adverse impacts of these trends on the State’s power grid (see section 3.1) and agree that going forward it is essential for California to leverage demand response (also referred to as load or demand flexibility management) as a critical resource in integrated resource planning (IRP) to meet the State’s aggressive GHG emissions reduction targets.

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24/7 Clean Power

whitePaper | June 16, 2022

This paper outlines the key strategies for delivering 24/7 clean power. Specifically, we analyze technology innovations, and the early-stage companies developing them. It contains the following sections: 1. New power capacity: How can new forms of dispatchable power generation and energy storage reduce the cost of providing roundthe-clock zero-emissions power? This section does not examine lithium-ion battery innovations.

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The Great Industrial Repositioning Planning for Corporate Impact and how to Navigate the (Energy) Crisis

whitePaper | November 12, 2022

The phrase ‘perfect storm’ may be a bit over-used lately, but it does accurately describe the situation that European industries are currently in. Several economic and political developments have led to this perfect storm. The COVID-19 crisis has boosted demand, while on the other hand supply chains are struggling to get back up to speed. On top of that, gas prices recently reached an extraordinary high in Europe and high energy prices are pushing up manufacturing cost. Demand for both energy and goods is predicted to remain strong due to high purchase power that is fuelled by low unemployment rates and a surplus of savings, putting extra pressure on scarce supplies. In addition, inflation rates are at an unprecedented level and central banks are fighting inflation by increasing base interest rates.

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Spotlight

UGE

UGE delivers immediate energy savings to businesses through tailored solar and storage solutions. We help commercial and industrial clients become more competitive through the low cost of distributed renewable energy. With over 340 MW of experience globally, we work daily to power a more sustainable world. Visit us at www.ugei.com.

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