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World Needs USD 8.1 Trillion Investment in Nature by 2050 to Tackle Triple Planetary Crisis
A total investment in nature of USD 8.1 trillion is required between now and 2050 – while annual investment should reach USD 536 billion annually by 2050 – in order to successfully...
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...
‘Monumental’: China Launches National Emissions Trading System
China has today announced further details of its forthcoming national emissions trading scheme (ETS), revealing the rollout will start in the energy sector before full implementation from 2020 onwards.
In a move that...
MEPs Urge EU to Ratchet Up Climate Target
Lawmakers in the European Parliament have agreed a new resolution urging EU leaders to set out a 2050 net zero emissions target for the bloc by 2020.
In a vote on Wednesday, ahead...
Wales Sets Renewables Target to Make Country World-Leader in Clean Energy
The Welsh government this week announced ambitious new clean energy targets that would make the country one of the world's leading renewables hubs.
Cabinet Secretary Lesley Griffiths announced Wales should aim to source...
COP29: New Initiatives and Financing for Combating Climate Change and Achieving Peace
The first week of the 2024 United Nations Climate Change Conference (COP29), held in Baku, has concluded, with the event running until November 22. As previously reported, the opening days were marked...
Ecomondo 2024: Italy at the Forefront of the Ecological Transition
With an overall recycling rate of 72 percent, well above the European average of 58 percent, and a circular material use rate of 18.7 percent, compared to the EU average of 11.5...
Geopolitical tensions are laying bare fragilities in the global energy system
Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making clear the need for stronger policies and greater investments to accelerate and expand the transition to cleaner...
Belgium helps tackle climate change with support for groundbreaking initiatives
In June 1972, dozens of countries convened in Stockholm, Sweden, for the United Nations Conference on the Human Environment, the first global gathering on the environment. Among the largest delegations was Belgium,...
Challenges of Competitive Energy Production in the Global Market
Forming a unified European energy market is crucial for the Energy Community (EC), which includes European Union members and nine other signatory countries. Although significant progress has been made over the past...
Why Aren’t We Reducing our Reliance on Fossil Fuels Faster?
The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not...
Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs...
EBRD Lends up to EUR 30 Million to Željeznički Prevoz Crne Gore a.d.
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to EUR 30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro.
The...
Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity...
Rapid rollout of clean technologies makes energy cheaper, not more costly
Speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly, according to a new IEA special report released...
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
