Tag: paris agreement

Europe’s Future Energy Systems: Briefing

This briefing lays out CAN Europe’s vision and preliminary proposals for the reform of the internal electricity market design (EMD) on the table. It analyses the Commission’s consultation paper and questions, through the lens of CAN Europe’s three main objectives: A Paris-agreement-compatible energy transition to achieve 100% renewables, coupled with maximum energy savings, by 2040; strong, resilient and flexible markets; affordable energy for all and just transformation.

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Nigeria’s Renewable Energy Roadmap

International Renewable Energy Agency (IRENA)’s report titled “Renewable Energy Roadmap: Nigeria” published in January 2023 sheds light on how Nigeria’s economy is making efforts to increase uptake of renewables. It also provides a roadmap for the country using two scenarios. REGlobal provides a brief extract of the report.

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Long-term energy scenarios: Report

The report provides a comparative analysis of 24 LTES and 36 scenario-based LT-LEDS from a total of 45 countries. It considers the institutional and governance framework in which LTES and scenario-based LT-LEDS publications are developed, including the level of institutional coordination, stakeholder consultation, type of publication, and highlights from these publications. Additionally, it assesses the coverage of energy transition elements included in the scenarios of these publications.

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Inflation Reduction Act and EU: Briefing

This briefing titled “The Inflation Reduction Act (IRA) and the EU” by E3G and adelphi analysis seeks to explain the political economy dynamics behind both the passage of the Inflation Reduction Act and the European response. As the green transition reaches the implementation phase, trade conflicts are likely to continue, especially as countries try to maximise their share of new clean energy markets.

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IDFC Green Finance Mapping 2022: Report

Since 2011, the International Development Finance Club (IDFC) has conducted a periodic mapping of member institutions’ green finance contributions. In 2021, IDFC members reported a record high of USD 224 billion in total green finance commitments, a 21% increase from 2020. Cumulatively, green finance commitments by IDFC members surpassed USD 1.2 trillion since the Paris Agreement was signed in 2015.

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Energy Charter Treaty: E3G Briefing

Given the necessity to grow non-fossil energy investment in Europe to handle the current crisis and the urgency to act on climate change, the EU and UK cannot afford a treaty that limits their agency in driving the necessary change. They must thus agree on a coordinated withdrawal from the Treaty. This E3G briefing explores what is needed for the ECT to be aligned with the Paris Agreement and why the reform still falls short.

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Building a clean European electricity system by 2035: Study

This report summarises the results of three modelled pathways for the European power sector. The Stated Policy pathway is aligned with stated national policie until 2035. The other two pathways – Technology Driven and System Change – are computed to minimise cost while remaining within a carbon budget compatible with the Paris Agreement climate goals.

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Aligning EU’s External Action with Paris Agreement

The EU, with its economic power, excellent diplomatic standing, and pre-existing ties when it comes to development cooperation, is in a unique position to help close these COP26 gaps. But how can we use this potential? This study, commissioned by the Greens/EFA group in the European Parliament, aims at answering this question.

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Zero Emission Vehicle Pledges Made at COP26

As one of the Glasgow Breakthroughs at the World Leader Summit, 30 countries have agreed to work together to make zero emission vehicles the new normal by making them accessible, affordable, and sustainable in all regions by 2030 or sooner. A number of emerging markets are agreeing to accelerate the transition to ZEVs in their markets (including India, Rwanda, Kenya).

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ASEAN Climate Action: A Review of Nationally Determined Contribution Submissions towards COP26

The Covid-19 pandemic adversely impacted the preparation of the NDCs and caused many countries, including some AMS, to submit their NDCs late. Despite this, the AMS have not lost sight of the need to take measures to minimise their carbon emissions. In light of the latest AMS submissions and the 26th Conference of the Parties (COP26), this brief reviews the information contained in the ten latest available NDCs of the AMS.

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G7 poised to lead the world towards clean electrification

The IEA’s newest report shows that G7 members are well placed to decarbonise their electricity by 2035, helping to unlock the benefits of clean electrification globally. This week’s G7 pathway from the IEA shows why a 2050 net-zero economy needs a 2035 net-zero electricity sector. With lots of progress to celebrate, there’s still a hefty gap between what the G7 has committed to so far, and where they need to be in the next 15 years.

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China has a grand carbon neutrality target but where is the plan?

As the world’s largest greenhouse-gas emitter, China will make or break the global quest for climate neutrality by the middle of the century – the only way to limit the global average temperature increase to 1.5°C. Consequently, President Xi’s announcement in September 2020 of China’s new objective to peak CO2 emissions before 2030 and achieve carbon neutrality by 2060 was broadly welcomed. But President Xi offered no detail on how China could turn this vision into reality, and an examination of China’s current plans shows clearly the goal will not be achieved without major changes.

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Trane Technologies plans to half its product carbon emissions by 2030

Trane Technologies plans to cut its product carbon emissions by nearly 50 per cent by 2030. The company’s emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). The targets support Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tons. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.

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The Paris Deal at 5. Is it Working?

December 12, 2020 marked the fifth anniversary of the Paris Climate Agreement. A Climate Ambition Summit hosted by the UK, France and the UN celebrated the event. Heads of government from around 70 countries made commitments, together with CEOs, mayors and civil society leaders. Many of us are reflecting on a critical question: Five years on, is the Paris deal working?

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Washington Can’t Wait to Electrify

In the midst of 2020 election limbo, the Washington State Department of Commerce quietly released a draft of its Washington State 2021 Energy Strategy. And it’s clear that Washington is not on track to reach its 2030 commitment target or its deeper decarbonization emissions target of being carbon neutral by 2050 unless buildings are rapidly electrified.

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