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Energy Transition: from Commitment to Action
The energy transition grounded in renewables delivers jobs and economic growth, underpins sustainable development, improves health and is among the most effective responses to climate change.
However, the transition must move much faster...
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable...
Energy Efficiency Hub Launched to Boost Cooperation on World’s ‘First Fuel’
The Energy Efficiency Hub – a global platform for collaboration aimed at delivering the social, economic and environmental benefits of more efficient use of energy – was launched on 1 December at...
Renewable Electricity Growth is Accelerating Faster than Ever Worldwide, Supporting the Emergence of the New Global Energy Economy
The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set...
Green Hydrogen Fuels to Enable Up to 80 percent of Global Shipping Emission Cuts by 2050
A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80 percent of CO2 emissions attributed to international maritime shipping...
With Only 2 percent of Governments’ Recovery Spending Going to Clean Energy Transitions, Global Emissions Are Set to Surge to an all-time High
Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2 percent of this spending has been allocated to clean energy measures,...
Renewables are Stronger than Ever as They Power Through the Pandemic
Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace...
Global Assessment: Urgent Steps Must be Taken to Reduce Methane Emissions this Decade
A Global Methane Assessment released today by the Climate and Clean Air Coalition (CCAC) and the United Nations Environment Programme (UNEP) shows that human-caused methane emissions can be reduced by up to...
Renewable Energy: Common Myths Debunked
Critics of renewable energy often cite two reasons for why they think a transition from fossil fuels will take half a century. Firstly, that sources of renewable energy are too intermittent to...
First Passenger Flight Performed With Sustainable Synthetic Kerosene
The Netherlands is one of the leading countries in Europe that aim to boost the development and application of sustainable aviation fuels to make aviation more sustainable. The Netherlands wants to stimulate...
Denmark To Build World’s First Energy Island In The North Sea
Denmark has reached a landmark agreement on the construction of an energy hub in the North Sea. The energy hub will be an artificially constructed island 80 kilometers from the shore of...
IEA to Produce World’s First Comprehensive Roadmap to Net-Zero Emissions by 2050
The International Energy Agency announced that it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050 as it further strengthens its leadership role in...
What Is Servitisation, and How Can It Help Save the Planet?
The rising global population and continuous economic growth are driving an increasing demand for energy. Global energy consumption is expected to nearly double by the year 2050, further enhancing the challenge to...
Institutional Capital: Closing the Energy Transformation Investment Gap
The energy transformation is unstoppable. Renewable energy capacity additions have consistently outpaced the growth of traditional forms of energy over much of the last decade and in what has been dubbed the...
This Initiative Can Give City Trees a Second Life – and Create Jobs
The city is a difficult place for a tree to survive. Compared to their counterparts in the countryside, urban trees generally get less water, suffer more intense heat, compete for space with...
The Global Transformation of the Electricity Sector Requires Greater Efforts to Ensure Security of Supply
New IEA report offers recommendations for how to respond to evolving challenges for electricity systems from growth of variable renewable electricity, cyber threats and extreme weather events.
The electricity sector, which plays a...
