Energy
The role of development finance institutions in energy transitions
Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions set up to support a range of economic…
EU hits Chinese biodiesel with anti-dumping measures
The European Commission announced today that it will impose anti-dumping tariffs of up to 36.4 percent on biodiesel imports from China. This is a step in the right direction for limiting imports of dubious used cooking oil (UCO) biofuels, says…
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 and heat pumps, according to a new report…
Brazil’s Opportunity to Lead the Global Dialogue on Energy and Climate
Brazil is a frontrunner in clean energy transitions: among the world’s largest economies, it boasts the lowest share of fossil fuels in its energy mix. Holding the G20 Presidency in 2024, Brazil has an opportunity to lead the global energy…
Natural Gas Demand Growth Picks up in 2024 But Outlook Remains Uncertain
Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during this period. Demand growth is primarily supported by…
EU Member States Must Take Urgent Action on NECPs and Overriding Public Interest
On 30 June all 27 Member States were due to submit the final version of their National Energy and Climate Plans (NECPs). This comes after the European Commission had reviewed their draft plans. The NECPs outline the national strategies countries…
White Roofs Most Effective in Combating Urban Heat
Summers are getting hotter year-on-year, and this problem is particularly pronounced in urban areas where a lot of concrete and little vegetation make the heat unbearable. An additional problem is the excessive use of air conditioners, which transfer heat from…