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Decarbonised Energy Pathway More Cost Effective than Polluting Alternatives in Central America
A decarbonisation strategy can bring benefits to the Central America region at the same or lower energy system costs than the current planning strategy, according to a new report by the International Renewable Energy Agency (IRENA). The report finds the…
SEEGAS Addresses Vulnerabilities to Gas Disruptions in South-East Europe
Gas stakeholders underlined that coordinated actions and measures were the best response to ensure the stability of the regional gas system following the Russian invasion of Ukraine. The meeting under the South-East European Gas (SEEGAS) initiative proposed concrete measures to…
Introducing a New Webinar Series: The Role of Green Bonds in the Energy Transition
Green bonds can serve as a key instrument to finance the transition towards a low-carbon economy in the Energy Community Contracting Parties. The Energy Community Secretariat, in cooperation with the Hungarian National Bank and with the support of the Western…
As Climate Changes, World Grapples With a Wildfire Crisis
Whether it’s the Australian coast or the rainforests of Brazil, unrestrained wildfires – shrouded by black smoke and punctuated by the crackle of burning vegetation – have laid waste to some of the world’s most-iconic landscapes in recent years. These…
Green Hydrogen Needs Industrial Policy Making and Certification
With its ability to decarbonise hard-to-abate sectors like chemicals and steelmaking industries, green hydrogen is expected to be in high demand as countries are racing to achieve their net zero targets. However, the current green hydrogen market is at an…
Global CO2 Emissions Rebounded to Their Highest Level in History in 2021
Increased use of coal was the main factor driving up global energy-related CO2 emissions by over 2 billion tonnes, their largest ever annual rise in absolute terms. Global energy-related carbon dioxide emissions rose by 6 percent in 2021 to 36.3…
EBRD Supports the Digital Transformation of the Suez Canal Economic Zone
The European Bank for Reconstruction and Development (EBRD) is supporting the efforts of the Suez Canal Economic Zone (SCZone) to develop an efficient, competitive and eco-friendly business environment that is attractive to international investors. An attractive business hub will position…