The United States has launched a US$350m ‘Renewables &
Efficiency Deployment Initiative’ (Climate REDI) to accelerate deployment of
renewable energy and energy efficiency technologies in developing countries at
COP15 in Copenhagen.
Energy secretary Steven Chu announced the initiative at the
COP15 climate conference in Copenhagen, as a measure to reduce GHG emissions,
fight energy poverty and improve public health for women, children and other
vulnerable populations in developing countries ‘Climate REDI’ includes
technology programmes and funding needed to launch a renewable energy programme
under the World Bank’s Strategic Climate Fund:
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