IDB Aims to Catalyze Energy Efficiency in Latin America

Austria rolled out the KlimaTicket, an annual pass that gives the holder access to all forms of public transportation in the country, to encourage increased use of public transport with an eye toward climate change mitigation. The uptake has exceeded expectations with 134,000 tickets sold within just the first two months, but it's still unclear what effect the program will have on the country's carbon emissions.

With the prices of solar technology dropping and the opportunity to save drastically on energy usage and costs, businesses and organizations across the country are investing more in solar infrastructure for their buildings and facilities. The Better Buildings Initiative of the US Department of Energy is helping by providing guidance and documenting effective approaches and financing for renewables installations - from hotels, to schools, to big box retail.

Funded by federal grant money, the state, and the Office of Naval Research, Hawaii County public transit has developed its first hydrogen-powered shuttle bus. What’s been called the “fuel of the future,” hydrogen fuel cells create a power source that’s only emissions are clean water vapor. While a seemingly viable and scalable clean-energy source, such development and infrastructure requires large financial investments that many states have yet to prioritize.

Pennsylvania law is preventing a Philadelphia neighborhood from converting an empty lot into a solar farm, but community members are working to fight against this by citing neighboring states that are seeing positive impact from similar projects. One such project is in Massachusetts where shared solar energy systems is helping to offset "80 percent of the power needs of a nearby assisted living facility, an affordable housing development, a family-owned hardware store and a non-profit serving those with disabilities."

To help essential workers navigate the notorious traffic of Bogota, the city built over 50 miles of an emergency bike network. The plan was in place before the arrival of coronavirus but the execution was sped up to meet the demands of increased bike usage. Other measures were also put into place to make the roads more bike and pedestrian-friendly: Reduced speed limits for cars, a 20 percent increase in private parking for bikes, and a bike registration system to deincentivize bike theft. Efforts to expand bike lanes not only eased traffic, they also helped relieve pressure on the overcrowded bus system.

Philanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.

A startup is making buildings more eco-friendly by converting their energy needs from oil and gas to electric heat pumps. BlocPower is a Black-owned clean tech startup that provides a no money down lease option, making it financially accessible.

Solar energy is a clean, cheap, renewable, and land-efficient resource, making it a valuable technology to scale up in the face of climate concerns and clean energy. Diversifying the supply chain for creating and sourcing solar panels can help make solar energy more reliable when faced with geopolitical and human rights issues.

Following the success of New York City's divestment of pension funds from fossil fuels, a process that started in 2015, other cities around the US are exploring ways to achieve net-zero portfolio emissions. In most cases, the divested pension funds have performed at least as well financially as a city’s non-divested funds.

Amidst electricity shortages, Health System Consultant Limited came to a local hospital’s aid, outfitting the medical center with solar panels to ensure patients can still access healthcare services. Since the installation, patients at the General Hospital in Maru say diagnosis speed and the quality of care they receive have improved.