Sustainable Finance in the Indo-Pacific Development Network (SUFIP DN)’s Post

Rural and conflict-affected communities in #Colombia struggle to access a reliable, affordable, and sustainable source of #energy, which negatively affects their quality of life and economic prospects. Through INVEST, USAID launched the Energy for Peace (E4P) program, which aims to provide reliable, low-cost, and sustainable renewable energy to increase productivity and production in target off-grid communities. E4P will be implemented through an alliance between USAID and Colombia’s biggest energy suppliers and operators and is ultimately expected to provide sustainable electricity for almost 8,000 people working and living near key production clusters.

The antipodeans Sir Ernest Rutherford "father of nuclear physics" and Sir Mark Oliphant, "Opposer of the fission bomb" were the first experimental demonstrators of nuclear fusion. Why then are the Australian Government and the Federal Opposition not working to get it developed in Australia and bring it back home? New Zealand has, so why not Australia? Interesting articles about Nuclear and I know you haven't looked at Fusion. So let's look at the nuclear or Fission option versus Fusion 1. Fission (Nuclear) Not able to be licenced. https://lnkd.in/gbm2t5uU 2. Authorities have the power to grant licenses for fusion, which is not explicitly covered by the Nuclear Act or the ARPANSA definition. https://lnkd.in/gjKFABpy The above ARPANSA link defines nuclear as fission—no mention of Fusion. 3. A fission (Nuclear)reactor without fissile fuel is a building. 4. A fusion reactor without fissile fuel is a fusion reactor building 5, Fissile (Nuclear) fuel availability and the future cost is a concern, especially for economists and users Dittmar, M. (2011). The End of Cheap Uranium. ArXiv. /abs/1106.3617 Even the UN has identified this, so why does the Fission(Nuclear) industry persist in denying its death like fossil fuels https://lnkd.in/gze5rwpr 6. Should the focus in Australia be on nuclear fission advancement or the promotion of fusion technology? 7, Fission (Nuclear) is only at present in 39 countries out of 189. 8. Is Dutton doing a Menzies and wanting a loophole to get fission (Nuclear) weapons to start with for the subs? 9. Australia still has no high-level radiation waste storage facility 10. Helion Fusion has committed to having its fusion version working in 2028 11. The FIA (Fusion Industry Association) has postulated that commercial power fusion will be available in the 2030s. 12. In its fusion conference report in 2023, the IAEA postulated that all International nuclear (Fission) Laws like the Nuclear Non-Proliferation Treaty do not consider fusion, so it seems it can be built in Australia now. 13. Fusion is also being developed "Small Modular Fusion Reactors" like Zap Energy and Avalanche Energy. 14. HB11 and the UNSW Tokamak project have positioned Australia prominently in the trillion-dollar international fusion industry. Instead of relying on fission with a limited lifetime, wouldn't it be preferable to support Australian renewables, batteries, and hydrogen energy generators and back them up with a fusion power plant? This would eliminate the traditional waste problem while still providing medical isotopes and advancements in medical technology like MRIs. Let's focus on creating a sustainable future for Australia instead of perpetuating pollution and leading to an energy crisis. https://lnkd.in/ekakyifA

The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's #transport and #energy distribution, besides expanding #energystorage and accelerating investment in #climateaction. Read more @ https://lnkd.in/gn6BF7Nx #climatechange #europeanunion #europe #energytransition #cleanenergy #energysecurity

LCRs support domestic clean energy and technology supply chains, underpin investor confidence, and contribute to building jobs and a critical skills base for Australia’s energy transition. They also facilitate social license and prepare Australia for international opportunities as a renewables and cleantech superpower. Governments worldwide have increasingly included LCRs to deliver smart policies that target economic, employment, industrial, First Nations, and technological development goals concurrently.   In Queensland, local procurement requirements saw state government investment with Queensland small and medium enterprises increase in 2023 by almost $1 billion with more than $23 billion in procurement investment. This approach benefited 38,600 Queensland businesses. Similar initiatives internationally range from ~60-100% local content requirement depending on the nature of the work and the project location. Let's continue to support and invest in our local communities as we embrace the renewable energy future.   Source: https://lnkd.in/g2TvZwkT   #RenewableEnergy #BESS #ValentEnergy

The global south lags in clean energy investment. Africa appears to be leading the way towards building networks for renewable and clean energy. #sustainability #hospitalitydesign #affordability #spatialequity https://lnkd.in/e3534tsr

  Net zero exceptionalism. What does it mean for international investors in Australia’s clean energy transition? A new report from Clayton Utz in partnership with The Action Exchange explores the topic, with contributions from a range of stakeholders and thought leaders including our Chief Investment Officer - Renewables and Sustainable Finance Monique Miller.   Monique notes that foreign investment has underpinned development across the Australian economy – a trend now reflected in the clean energy transition.   “Offshore investment is playing a significant role in backing Australian renewable generation and energy storage, and we’re now seeing private sector interest in our massive grid transformation," she said. Learn more https://lnkd.in/gS8ceFS4 #netzero #sustainability #investment  

🌐 Is Private Capital the Missing Piece in the $125 Trillion Energy Transition Puzzle? 🌐 The global push to decarbonize and meet rising energy demands has highlighted the critical role of private capital in funding the $125 trillion energy transition. 🔷 Here's a summary analysis of this pivotal issue: The world faces a significant challenge to transition to renewable energy sources while modernizing power grids to support increased demand from electric vehicles and data centers. Private capital is increasingly recognized as essential to bridge the substantial funding gap needed to achieve these goals. 🔷 Key Points: 🔑 Massive Capital Requirements:-   🔹 Globally, the energy transition requires an estimated $125 trillion investment by 2050.   🔹 The UK alone needs around £900 billion to meet its net-zero targets. 🔑 Government and Private Sector Collaboration:-   🔹 Governments are creating frameworks to encourage private investment, such as the US Inflation Reduction Act and the EU’s Green Deal Industrial Plan.   🔹 The UK has launched Great British Energy, partnering with private capital to fund energy projects. 🔑 Private Investment Trends:-   🔹 Major private equity firms, including KKR and Blackstone, are raising substantial funds focused on energy transition investments.   🔹 Infrastructure investors hold about $334 billion in "dry powder," indicating significant capital available for deployment. 🔑 Investment Challenges and Opportunities:-   🔹 High interest rates have temporarily slowed large-cap deals, but mid-market transactions in digital and energy sectors remain robust.   🔹 The shift towards sustainable energy investments is driving growth in clean energy sectors, such as grid infrastructure and energy storage. 🔷 In conclusion - private capital is poised to play a crucial role in the energy transition, complementing public funds and accelerating the shift towards a sustainable future. By leveraging both government incentives and private sector resources, the global community can address the monumental challenge of transitioning to cleaner energy. 🌐 For more detailed insights, read the full article on PitchBook 👇 https://lnkd.in/dj7DuNgM #privatecapital #PC #funds #funding #investment #capital #energy #decarbonization #energy_transition #Global #publicfunds #PF #PE #privateequity #sustainability #future #finance #government #privatesector #cleanenergy #renewableenergy #EV #grids #datacentre #projects #USA #UK #European #collaboration #cleantech #energystorage #infrastructure #market #entrepreneur #investor #VCs #innovation #innovator #tech #SMEs #entrepreneurship

We welcome the Australian Government's 2024 budget commitment to initiatives that will help power Australia with cheaper, cleaner, more reliable energy https://lnkd.in/g9RucGkJ This correlates with our what our energy storage technology can deliver; clean heat and power for a more sustainable planet. We're working to provide this through our silicon-based thermal energy storage technology – SiBrick®, which safely and efficiently stores renewable electricity as latent heat. PLUS we're commercialising a number of products to help decarbonise high-temperature-reliant industries. Industries reliant on high-temperature heat have no commercial options to stop the use of fossil fuels – but global climate ambitions demand a solution. Learn more about what we do: https://lnkd.in/g6XprqpQ #Budget2024 #decarbonisation #netzero #energytransition

The 2024-2025 Federal Budget provides an exciting pathway and vision for Australia to reach its net zero ambitions whilst stimulating the green economy and zero emission exports. With a record $22.7 billion investment, it’s paving the way for a low emissions future, made in Australia. 🌏🔋   This comprehensive plan aims to make Australia a renewable energy and clean manufacturing superpower, strengthening our economy and creating a resilient job market. The spotlight is on Renewable Energy Industrial Precincts (REIPs) which boost zero emissions manufacturing powered by 100% renewable energy sources. This budget demonstrates to green economy investors that Australia is serious about attracting overseas funding and reducing the industrial and manufacturing sector emissions. 🏭🍃   Urbis is excited to be part of this journey, working on several REIP master plans, partnering with our clients with new and emerging technologies and manufacturing eco-systems, future clean energy revenue streams, and ensuring these precincts are powered by 100% renewable energy.   Australia is well placed to becoming a global leader in renewable energy production and clean technology manufacturing, with 2024-25 Federal Budget providing much needed momentum on this journey.   To read the full debrief from Urbis Director and Net Zero & Decarbonisation expert, Brenton Reynolds, visit: https://lnkd.in/gGbFTu9f   #Budget2024 #RenewableEnergy #ClimateAction #FutureMadeInAustralia #CleanEnergy #Sustainability

Opportunities for Small Businesses and Contractors - Australia’s 2024–25 Budget The Australian Government’s 2024–25 Budget is paving the way for significant growth across key industries, including renewable energy, defence, and innovation. With $22.7 billion allocated through the Future Made in Australia package, businesses have an incredible opportunity to thrive and grow in these sectors. https://lnkd.in/gjFt8yNJ Key Highlights: - Renewable Energy $134.2 million to accelerate approvals for renewable energy projects of national significance, fostering faster decisions on environmental, cultural heritage, and planning approvals. - Defence: $50.3 billion over ten years for implementing the National Defence Strategy, strengthening defence capabilities, and creating opportunities in Australia’s defence industry. - Energy Transformation: Unlocking $65 billion in renewable energy investment by 2030 to make Australia a renewable energy superpower. Small businesses and contractors in these fields stand to benefit immensely from this funding. Whether you’re looking to take on new projects in renewable energy, defence, or innovation, these investments open the door to new opportunities. If you’re planning to leverage these funding opportunities, ISDC https://lnkd.in/gXR24cAr is here to help with your safety frameworks and compliance to ensure your business is prepared to meet the requirements and operate safely in these industries. #GovernmentFunding #SmallBusinessSupport#SafetyFirst