The National Development Bank of Palau (NDBP) has approved a financing program for climate-friendly and energy-efficient room air conditioners in Palau. This development is a key milestone in supporting policies and financing mechanisms for sustainable cooling in the Pacific. The International Institute for Energy Conservation (IIEC) is working with the NDBP to finalize the program’s details, which will be launched in early 2021.
The Demonstration of Innovative Technology and Business Models for Efficient and Clean Cooling in the Pacific project (Cooling Demo Project), funded by the Kigali Cooling Efficiency Program (K-CEP) recently announced grant funding to five organizations in Palau, Papua New Guinea, Solomon Islands, and Vanuatu.
IIEC is supporting the United Nations Environment Programme (UN Environment) and the Ministry of Industry (MOI), Myanmar to implement the Leapfrogging Myanmar's Market to High Efficient Lighting and Appliances project. This project will facilitate a market transformation toward high efficiency lighting and electrical appliances through the integrated policy approach, thereby reducing growth in electrical demand and greenhouse gas (GHG) emissions, while simultaneously increasing energy access.
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