CBO projects that the effects of climate change will reduce real GDP growth rate by 0.03 percentage points from 2020-2050, relative to the benchmark climate conditions prevailing in a period near the end of the 20th century. With this reduced annual GDP growth rate, the level of real U.S. GDP is projected to be 1.0 percent lower by 2050.
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The Energy Transitions Commission’s (ETC’s) new report “Making Mission Possible: Delivering a Net-Zero Economy” provides governments and private sector leaders with a vision of how to invest in the economy of the future and build a healthier, more resilient, net-zero economy.
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The report “Scenarios for the Energy Transition” assesses a collection of recommendations and country experiences gathered through the activities of the LTES campaign and the LTES Network. The report covers how scenarios can better account for potentially transformational changes and how they can be better used for strategic decision-making by governments and investors.
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The “Reaching zero with renewables” study outlines the best available deep decarbonisation options for those sectors. Prepared by the International Renewable Energy Agency (IRENA), it supports the aim of holding the global temperature rise at 1.5 degrees Celsius this century, compared to pre-industrial levels.
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Renewable energy usage has been growing significantly over the past 12 months. This trend will continue to increase as solar power prices reach grid parity. Within the Middle East and North Africa (MENA) region, the increased industrial activity and drive towards renewables is reflected in each country’s strategy.
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The report makes the case that while stimulus packages to combat the coronavirus-induced economic slowdown can help countries shape a sustainable recovery, they will only be transformative if the limited public funding for climate action leverages substantially more funding from other sources.
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At the 2020 World Economic Forum (WEF) in Davos, KPMG and the International Business Council unveiled a unified corporate responsibility reporting framework organized around the UN Sustainable Development Goals (SDGs). Since then the world fell into turmoil with the onset of COVID-19. This disruption has prompted companies to accelerate their digitization efforts to shift to work-from-home, manage customer expectations, and reduce long term costs.
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There are predominantly three business models in California: one for each Front-of-the-Meter, Behind-the-Meter, and Aggregated Behind-the-meter.
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The total solar corporate funding (including venture capital funding, public market, and debt financing) in first half of 2020 came to $4.5 billion compared to $6 billion in the first half of 2019.
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The world is undergoing a transition away from fossil fuels towards renewable energy. However, the speed and depth of this transition is uncertain and controversial. This will have significant implications for Norway, one of the world’s largest exporters of both energy and capital.
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This report highlights the key trends and outlook in the post-Covid19 solar market across regions.
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Clean electricity generation from hydropower achieved a record 4,306 TWh, the single greatest contribution from a renewable energy source.
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Global Transmission’s Offshore Wind Transmission Report released in May 2020 analyses the market size and opportunity for offshore wind transmission across the globe.
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Asia’s fast-growing offshore wind market has been drawing significant interest amongst developers, investors and financiers from across the world.
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