Tag: net zero

Unified National Power Market System in China

Unified National Power Market System in China

May 5, 2023 | ,

This report “”Building a Unified National Power Market System in China” examines the role of power markets in China and the pathways to develop a national market. The analysis focuses on short-term markets because they have the potential to unlock flexibility the system needs in light of renewables growth and changing weather patterns. The report provides recommendations to improve markets’ co-ordination across the country as well as within the provinces.

Read More
Greece Energy Policy Review 2023

Greece Energy Policy Review 2023

April 28, 2023 | ,

Following Russia’s invasion of Ukraine, Greece is reducing its reliance on Russian energy imports and ensuring secure access to energy by diversifying its supply and increasing domestic energy production. Despite these notable successes, significant challenges remain. Fossil fuels still account for most of Greece’s energy use and stronger efforts are needed on energy efficiency. In this report, the IEA provides a range of energy policy recommendations to help Greece smoothly manage its transition to a secure, efficient and flexible carbon neutral energy system.

Read More
UK Net Zero-Aligned Financial Centre: Report

UK Net Zero-Aligned Financial Centre: Report

April 14, 2023 | ,

In this report, E3G and Re:Pattern set out proposals for goals, themes, objectives and indicators to guide the Net Zero-Aligned Financial Centre to success. They might be used, as part of a regular monitoring process, to ensure the UK remains on track. It builds on E3G’s earlier work on the Net Zero-Aligned Financial Centre, and draws on input from a range of financial services professionals and experts.  

Read More
UK Net Zero Review – calls for a Net Zero Investment Plan grow

UK Net Zero Review – calls for a Net Zero Investment Plan grow

February 19, 2023 |

On 13th January, former UK Energy Minister Chris Skidmore published his Net Zero Review, hailing net zero as the “growth opportunity of the 21st century” and calling for the UK to lead the global race to green growth. Skidmore urged the UK government to develop a Net Zero Investment Plan. Successfully implementing this plan alongside the Green Finance Strategy could help government turbocharge the net zero transition.

Read More
Decarbonisation of European Heavy Duty Vehicles: Paper

Decarbonisation of European Heavy Duty Vehicles: Paper

January 25, 2023 | ,

The study finds that battery-electric trucks are the most cost-effective technology for meeting the HDV CO2 reduction targets. The cost-optimal technology market share to meet a 60% CO2 reduction target by 2030 involves transitioning to battery-electric technologies for most truck segments, without fully exploiting the CO2 reduction potential of diesel trucks. A CO2 reduction target of 100% by 2040 would allow only the registration of zero-emission trucks, such as battery-electric and hydrogen fuel-cell technologies.

Read More
Fossil Fuels Will Continue To Dominate Vietnam’s Power Mix This Decade Despite JETP Improving Renewables Prospects

Fossil Fuels Will Continue To Dominate Vietnam’s Power Mix This Decade Despite JETP Improving Renewables Prospects

January 16, 2023 |

On December 14 2022, Vietnam and the International Partners Group agreed on a USD15.5bn partnership for Vietnam to reduce coal power generation, working toward the market’s 2050 carbon net-zero goal. This partnership, also known as a Just Energy Transition Partnership (JETP), involves the EU, the UK, the US, Canada, and Japan. Similar to the JETP for Indonesia, this partnership’s outlay will involve public and private financing over the next three to five years.

Read More
Sustainable Aviation Fuels in US: Report

Sustainable Aviation Fuels in US: Report

January 13, 2023 | ,

In this report, Rhodium Group provides an overview of the current state of the industry and SAF technologies, followed by their estimates for the employment and economic benefits from scaling up SAF. It then discusses the challenges to scaling up SAF, as well as potential ways to help accelerate it.

Read More
These 8 countries have already achieved net-zero emissions

These 8 countries have already achieved net-zero emissions

January 8, 2023 |

Global action to combat climate change has prompted a wave of national commitments to reach net zero: the US and many others are targeting 2050, with countries like China and India decades later. But a handful of ‘carbon sink’ countries already have their emissions in check. Net zero emissions is achieved when more carbon dioxide is absorbed from the atmosphere each year than is emitted. Reaching net zero on a global scale is a central part of efforts to prevent global warming exceeding the 1.5C climate target.

Read More
Scaling Credible Transition Finance in ASEAN: Report

Scaling Credible Transition Finance in ASEAN: Report

January 5, 2023 | ,

This report has been prepared by the Climate Bonds Initiative and supported by the Oak Foundation. It presents the results of an examination of published sustainability and transition plans of several entities operating in the hard-to-abate sectors in ASEAN to assess the current state of transition planning and provide recommendations for next steps.

Read More
Vietnam JETP – A Major Step Forward for Vietnam’s Decarbonisation Goals

Vietnam JETP – A Major Step Forward for Vietnam’s Decarbonisation Goals

December 22, 2022 |

Vietnam has just become the latest country to put in place a Just Energy Transition Partnership (JETP) with the International Partners Group (IPG). Under the terms of the Vietnam JETP, IPG members – including the EU, UK, the United States, France, Germany, Italy, Canada, Japan, Norway and Denmark – will provide an initial US$15.5 billion of public and private financing over the next three to five years to support Vietnam’s goal to achieve a number of new energy transition targets.

Read More
Making Good on California’s Clean Transportation Promises

Making Good on California’s Clean Transportation Promises

November 23, 2022 |

As the dust settles on the 2022 elections across California, we can take stock of where we’ve made progress on tackling the state’s most stubborn source of climate pollution—transportation; namely, the cars and trucks that drive through our communities. The state has made bold and necessary commitments to zero out gas-burning vehicles by committing to 100 percent zero-emission vehicle sales by 2035.

Read More
How does Indonesia’s JETP compare to net zero pathways?

How does Indonesia’s JETP compare to net zero pathways?

November 23, 2022 |

The Indonesian JETP raises the country’s ambition for power sector decarbonisation and closely aligns to a pathway that delivers Indonesia’s target of net zero by 2060. At the G20 summit in Bali – and on the same day as COP27’s Energy Day – Indonesia announced its ‘Just Energy Transition Partnership’ (or JETP). The groundbreaking deal secures $20bn funding from the US, Japan and others to help Indonesia accelerate the transition from coal to clean electricity.

Read More
Decarbonizing Urban Freight Delivery in US: Paper

Decarbonizing Urban Freight Delivery in US: Paper

November 15, 2022 | ,

This paper describes ZEDZs and their potential to address the negative impacts from increased urban freight and delivery. With insights from over 15 interviews of city policymakers, logistics experts, businesses and community-based organizations, this working paper evaluates real-world ZEDZ examples and offers policymakers preliminary guidelines for the enactment of effective and equitable ZEDZs.

Read More
How to close the world’s $1 trillion renewable energy gap

How to close the world’s $1 trillion renewable energy gap

September 23, 2022 |

Access to capital continues to be a challenge for solar in EMDE. Like the infrastructure sector, solar is capital intensive and has a long gestation period and generates spillover benefits which for various types of investors is not suitable. In addition, banks – key financiers in the EMDE – are structurally unwieldy for financing solar projects: They limit their long-term loans as their liability duration impedes them from lending to the sector for the long term.

Read More
Can Indonesia really achieve a net zero electricity sector by 2040?

Can Indonesia really achieve a net zero electricity sector by 2040?

September 23, 2022 |

This mini-briefing outlines some of the main highlights from the IEA’s analysis, to showcase why Indonesia should proudly and quickly set out a rapid electricity transition to bring power sector emissions to net zero by 2040 to accelerate the all sector net zero emissions by 2050, a decade earlier than the government target. Accelerating the transition brings more benefits to the country, from energy security to new job opportunities.

Read More
Roadmap for Net Zero Emissions in Indonesia: IEA Report

Roadmap for Net Zero Emissions in Indonesia: IEA Report

September 20, 2022 | ,

Indonesia, a member of the IEA family since 2015, has committed to reach net zero emissions by 2060 or before – an ambitious task given the country’s growth objectives and status as a globally important consumer and producer of coal. To assist in this critical task, the IEA – at the request of the Government of Indonesia and to coincide with Indonesia’s Presidency of the G20 – has developed a comprehensive roadmap to net zero by 2060 for the country.

Read More
Net Zero Australia Study

Net Zero Australia Study

September 1, 2022 | ,

The project seeks to answer critical contemporary questions, such as, what physical plant infrastructure and societal changes are needed to decarbonize the Australian economy, including exports, by mid-century and how will these changes impact natural environments, the economy, incumbent infrastructure, and communities.

Read More
Energy interdependence and independence are critical issues: Engie’s Amit Jain

Energy interdependence and independence are critical issues: Engie’s Amit Jain

August 26, 2022 |

There are numerous supply chain problems on a global level at present. These difficulties are especially apparent in the wind power segment. The number of players in this segment has declined, and they are more focused on their own geographies. These players have chosen the US as their primary focus, with other markets taking a back seat. Engie has a global target of commissioning 4 GW of renewable energy capacity ev­ery year and has recently decided to fo­cus on about 35 countries out of the 70 countries that Engie used to operate in.

Read More
Colombia Launches National Roadmap for Net Zero Carbon Buildings

Colombia Launches National Roadmap for Net Zero Carbon Buildings

August 24, 2022 |

Colombia’s National Roadmap for Net Zero Carbon Buildings, launched in June 2022 by the Ministry of Environment and Sustainable Development, aims to achieve net zero in all new buildings by 2030 and all buildings by 2050. Developed in partnership with WRI’s Zero Carbon Building Accelerator, the roadmap provides a framework for how the country can decarbonize the built environment by setting out clear goals, defining actions and identifying the actors responsible for implementation.

Read More