Building on its two decades of experience in financial innovations to drive investments in sustainable energy, BASE expanded its mandate to include all climate change solutions in 2021. Since its founding in 2001, BASE and its diverse network of partners have engaged with different countries and sectors to accelerate progress towards universal access to clean, … Continued
As temperatures soar worldwide, vulnerable populations living in areas at the risk of facing the direct consequences of a warming planet continue to battle high energy costs and unmet demand for air conditioning and refrigeration. Deprived of viable alternatives, people are forced to rely on old, energy-draining equipment that uses ozone- harming refrigerants. Cooling technologies … Continued
Energy efficiency presents enormous investment and savings opportunities for businesses and households, with significant promise to reduce greenhouse gas emissions. Even as the environmental advantage of energy-efficient technologies becomes increasingly apparent, their uptake remains hamstrung by asymmetric market information and financial constraints. Suppliers with an informational advantage often lack the incentives or channels to relay … Continued
Energy efficiency is a highly efficacious and economical way to reduce global greenhouse gas (GHG) emissions and accelerate the transition to a low-carbon future. Energy use constitutes a substantial proportion of production costs for many enterprises, particularly in energy-intensive sectors that rely on heating or cooling for their processes or the provision of their services, … Continued
The shift to sustainable technologies is critical for developing countries to address climate change and follow the Agenda 2030 blueprint to achieve a better and more sustainable future for all. While green projects in developing economies present significant opportunities to provide environmental and economic benefits, these typically take the shape of small-scale or non-utility scale … Continued
The technical, financial, and operational analysis and modelling conducted by BASE and its partners since 2011 continue to help e-mobility gather speed in Latin America. High rates of urban development in Latin America over the 20th century has acted as a double-edged sword for its people and the environment. Many socioeconomic benefits have been accompanied … Continued
The Gold Standard was co-founded by BASE alongside other international NGOs in 2003 to tailor a trusted carbon offset certification standard for the growing voluntary market. Certain sectors, such as aviation, shipping, and road freight, are predicted to take longer in making strides towards a low-carbon future. In these hard-to-abate industries, carbon offsetting serves as … Continued
After 8 years, RemitEnegy is still paving the way for energy access, turning remittances into a source of finance for sustainable energy. With access to modern electricity services remaining a distant dream for nearly 1.3 billion people worldwide, research estimates that an annual investment of USD 52 billion is needed to achieve universal electrification. Yet, the current … Continued
SEFI served as the first step for mainstreaming investments in energy efficiency and renewable energy. The Sustainable Energy Finance Initiative was launched in 2004 as a part of a collaborative effort between BASE and the United Nations Environmental Program (UNEP) to channel finance towards energy efficiency at scale and speed, globally. SEFI served as a … Continued
In 2021 BASE celebrates 20 years of driving investment towards sustainable energy, and for the occasion, we had a conversation with our founders to learn about the need and beginnings of BASE. The idea of BASE came to life after Klaus Töpfer, former Executive Director of the United Nations Environment (UNEP), attended the first Basel … Continued