This overview sets the scene for the various modules in the Renewables 2024 Global Status Report Collection. It provides high-level trends on the status of renewables in the wider fossil fuel-dominated energy system in the context of global challenges such as climate change, development goals and the geopolitical landscape. Urgent …
This report takes a first look at China’s domestic coastal shipping sector and provides recommendations for actionable long-term decarbonization pathways designed to avoid exceeding its current share of transportation-sector CO2. It uses the sector’s 2019 activities, energy consumption, and CO2 emissions as a baseline and projects those out to 2060 …
Developed countries have committed to providing and mobilising $100 billion of climate finance each year between 2020 and 2025. However, they fell short of this target in 2020 and 2021, and look likely to do so again in 2022. To date, failure to deliver on the climate finance goal has …
This new report from the European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO), provides a comprehensive look at decarbonizing agrifood systems, which is necessary and achievable. The report, Investing in carbon neutrality: utopia or the new green wave? Challenges and …
Today’s global energy crisis underscores the urgency and magnitude of the task of transforming Africa’s energy sector, as well as the benefits of an accelerated shift to more affordable and cleaner sources of energy. The Africa Energy Outlook 2022 is a new special report from the International Energy Agency’s World …
The potential of plug-in hybrid electric vehicles (PHEVs) to reduce fuel consumption and global greenhouse gas emissions depends on how much they are effectively driven on electricity. Earlier studies on the real-world usage of PHEVs certified under the New European Driving Cycle (NEDC) have shown that those vehicle models are …
This report provides scenarios for future transport demand and CO2 emissions in South and Southwest Asia up to 2050 to help decision-makers chart pathways to sustainable, resilient transport. The scenarios reflect existing policy initiatives and specific constraints in the region. They also examine the potential impact of policies addressing the …
Growing transport volumes have been driving Europe’s road transport emissions up in the past two decades. A European Environment Agency (EEA) analysis, shows how total greenhouse gas emissions from both passenger cars and heavy goods vehicles have increased in Europe, despite better engine efficiency and use of biofuels.
While a carbon tax is widely acknowledged as an efficient policy to mitigate climate change, adoption has lagged. Part of the challenge resides in the distributional implications of a carbon tax and a belief that it tends to be regressive. Even when not regressive, poor households could be hurt by …
In its landmark report last year, Net Zero by 2050: A Roadmap for the Global Energy Sector, the IEA stated that “international programmes to fund demonstration projects, especially in sectors where technologies are large and complex, would accelerate the innovation process”. The IEA estimates that at least USD 90 billion …
This paper reviews and summarizes the latest information on the pace of transition required for the HDV fleet to align with climate targets, the feasibility of such a transition given the latest data on technology availability and cost, potential pathways for adoption in various HDV segments, and high-priority policies and …
A strong decarbonization target for the road sector would steer India closer to its climate commitments and decarbonization offers significant co-benefits like cleaner air and related health and well-being gains. Still, data about energy use and emissions that could provide the groundwork for policy supporting such a target is lacking, …
The pace of emissions reductions of the People’s Republic of China (hereinafter, “China”) over the coming decades will be an important factor in global efforts to limit global warming to 1.5°C. The power sector is central to achieving China’s stated climate ambition of peaking CO2 emissions before 2030 and achieving …
This paper provides an overview of progress on carbon taxes, emissions trading schemes (ETS) and voluntary carbon crediting mechanisms in Asia, identifying relevant policy gaps and giving suggestions based on the lessons and experiences with pertinent policy practices in this region. Overall, carbon pricing practices in Asia are still at …
The Global Energy Outlook report examines a range of projections for the global energy system, summarizing key implications for global energy consumption, emissions, and geopolitics. The global energy system faces deep uncertainty in the near, medium, and long terms. Amidst war in Europe, the urgent need to reduce greenhouse gas …
In 2019, the growth in global greenhouse gas (GHG) emissions (excluding those from land-use change) slowed down to 0.6%, reaching 51.7 gigatonnes of CO2 equivalent (GtCO2 eq. This revised growth rate is half of last year’s estimate of 1.1% and less than half of the average annual growth rate of …
Governments should take "radical and immediate" action to ensure the world remains on the pathway to keeping global warming below 2°C, the International Renewable Energy Agency (IRENA) said in the World Energy Transitions Outlook 2022 report. In Paris in 2015, signatories to the United Nations Convention on Climate Change agreed …
Climate change has far-reaching impacts that are not limited to a particular sector or geography; it impacts the entire financial system. If left unchecked, this impact will be severe. The financial system plays a crucial role in every country’s transition to a sustainable economy—especially in unlocking private investments needed to …
The global CO2 emissions and energy demand numbers are based on the IEA’s detailed region-by-region and fuel-by-fuel analysis, drawing on the latest official national data and publicly available energy, economic and weather data. Combined with the methane emissions estimates published by the IEA and estimates of nitrous oxide and flaring …
Fragile states in sub-Saharan Africa (SSA) face challenges to respond to the effects of climate shocks and rising temperatures. Fragility is linked to structural weaknesses, government failure, and lack of institutional basic functions. Against this setup, climate change could add to risks. A panel fixed effects model (1980 to 2019) …
The ASEAN fuel economy roadmap, developed and adopted by ASEAN transport ministers in 2018, outlines a vision to transform the light-duty vehicle market in the ASEAN region into one of the world’s most fuel efficient. The roadmap sets out six aspirational goals to help achieve this objective, starting from the …
