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China has established itself as the global leader in renewable energy, with operating large utility-scale solar capacity of 228 GW and combined wind capacity exceeding 310 GW. The country is pursuing a strategy of 'mega wind and solar bases' in its northern and northwestern deserts to meet a central government target of 1,200 GW of cumulative capacity by 2030, a goal it is likely to surpass by 2025. This expansion is driven by a combination of historical feed-in tariffs, favorable financing from state-owned banks, and strict provincial targets. However, the report notes that new renewables bases are often bundled with new coal-fired power plants to manage intermittency, potentially hindering the phase-out of fossil fuels. To address volatility, China is implementing 'source-grid-load-storage' integration, expanding new energy storage, and developing green hydrogen production.

Japan has the lowest share of clean electricity among G7 nations, with wind generating less than 1% of its power in 2022. While the 6th Strategic Energy Plan targets 59% clean power by 2030, it only allocates 5.7 GW to offshore wind, representing just 4% of the collective G7 target of 150 GW. Alternative pathways from Berkeley Lab and the Renewable Energy Institute suggest that leveraging Japan's theoretical offshore wind potential of 392 GW could enable the country to reach 80% to 90% decarbonised electricity by 2035.

The report argues that Central and Eastern European (CEE) countries can significantly lower wholesale power prices and enhance energy security by accelerating the deployment of wind and solar energy. By targeting 200 GW of capacity by 2030, the region could reach a 63% share of renewables in electricity generation. The analysis emphasizes that cross-country collaboration is essential to unlock over 100 GW of offshore wind potential and that aligning national strategies with EU policy could unlock approximately €137 billion in public funding.

A case study detailing the successful opposition to proposed gas plants in Astoria, Brooklyn, and the Hudson Valley. By utilizing New York's climate law, the PEAK coalition and Earthjustice blocked these projects, leading to the transition of the Astoria site to an offshore wind connection and the development of energy storage in Brooklyn.

The report argues that the World Bank Group must shift from project-by-project 'greening' to a systemic transformation of its portfolio to support 1.5°C alignment. It proposes a strict taxonomy that excludes fossil gas and 'false solutions' like CCUS and nuclear power, while emphasizing a rights-based approach to ensure the energy transition does not burden marginalized communities or increase debt in low-income countries.

The Green Climate Fund (GCF) has published a technical compendium to streamline the preparation of funding proposals under the Simplified Approval Process (SAP). The SAP is designed to reduce the time and effort required for the preparation, review, and approval of small-scale activities, specifically targeting developing countries, Least Developed Countries (LDCs), and Small Island Developing States (SIDS). To be eligible for SAP, projects must request a GCF contribution of no more than 25 million USD and present minimal or no environmental and social risks. The guide provides detailed sectoral frameworks for agriculture, ecosystems, water security, cities, energy efficiency, forestry, REDD+, renewable energy, and transport, outlining eligible activities, indicators for measuring impact, and examples of 'paradigm shifts' required for GCF investment.

Latin America possesses significant potential to lead in renewable energy, with over 319 GW of prospective utility-scale solar and wind capacity that could increase the region's current capacity by more than 460% by 2030. While Brazil, Chile, and Colombia are accelerating their buildouts and are on track to meet national targets, Mexico's progress has stalled due to policy shifts favoring state-owned fossil fuel entities. The report highlights the role of solar and wind in diversifying energy matrices to reduce reliance on drought-prone hydropower and the emerging economic opportunity of green hydrogen exports.

The report examines Sweden's maritime sectors—including blue food, offshore energy, tourism, and shipping—and argues for a shift from a sector-based approach to a multifunctional, ecosystem-based model. It identifies significant growth potential in offshore wind and sustainable aquaculture but warns that the current state of marine ecosystems is dire. The document recommends national coordination of marine spatial planning, the adoption of net-zero goals for maritime transport, and the modernization of regulatory frameworks to support circular and fossil-free technologies.

The briefing examines the interdependencies between water systems and the transition to fossil-free energy, highlighting the environmental and social costs of hydropower and offshore renewables. Using Sweden as a primary example, it discusses how energy expansion can lead to habitat degradation and the marginalization of Indigenous communities. It calls for the Water Action Agenda to adopt integrated water resource management and accelerate SDG 6 targets to ensure a sustainable and equitable energy transition.

Colombia possesses significant wind and solar potential, estimated at 30 GW and 32 GW respectively, though installed capacity remained low at approximately 1.5% of the electrical matrix in 2022. A strong increase is projected by 2027, potentially reaching nearly 40% of capacity if approved projects are operationalized. The document details a robust incentive framework including tax deductions and VAT exemptions, alongside mechanisms for community benefit distribution and indigenous rights. While investment reached record levels in 2021, the sector faces challenges in gender representation and the need for stronger policies to ensure local employment and social equity.

Colombia possesses significant wind and solar potential, particularly in the La Guajira region, though these sources represented only 1.5% of the capacity mix in 2022. The document details a robust framework of incentives—including tax deductions and VAT exemptions—and predicts that approved projects could increase the solar and wind share of the capacity mix to nearly 40% by 2027. It also examines financing mechanisms, environmental licensing, and the integration of social safeguards such as Free Prior Informed Consent and benefit-sharing schemes for Indigenous and Afro-Colombian communities.

The briefing argues that the EU is on course to reach a 45% renewable energy share by 2030, rendering the current 40% Fit-for-55 target outdated. This trajectory is driven by solar capacity growth, heat pump adoption, and electric vehicle expansion, which are all outpacing original policy forecasts.

The UK's Contracts for Difference (CfD) policy, introduced in 2014, uses a competitive auction system to provide price certainty for large-scale renewable energy projects, primarily offshore wind. By guaranteeing a 'strike price' and utilizing a two-way payment mechanism, the policy reduces private-sector investment risk and lowers the cost of capital. While successful in driving down costs and increasing capacity—with the fourth allocation round adding nearly 11 gigawatts—the policy is noted as regressive due to its funding via a consumer levy. The author suggests Canada could adapt this model for mature technologies, carbon capture, and clean hydrogen, emphasizing the need for independent administration and robust market competition.

The UK's Contracts for Difference (CfD) policy, established in 2014, uses a competitive auction system to provide price certainty for renewable energy developers, significantly reducing financial risk and lowering the cost of capital. By bridging the gap between wholesale market prices and a fixed 'strike price' over 15-year contracts, the policy has driven down the cost of offshore wind by 65-75% since 2015. While the system is funded by consumers through electricity bills—making it regressive—it is administered by the independent Low Carbon Contracts Company to minimize political risk. The document suggests Canada could adapt this model for proven technologies like carbon capture and storage or clean hydrogen, emphasizing the need for competitive markets and independent administration.

The report argues that Poland's draft PEP2040 energy strategy is significantly under-ambitious, risking the country's position as the last major EU economy reliant on fossil fuels by 2030. While the government proposes a 50% share of renewables in power by 2040 (roughly 50-60 GW), the report suggests Poland could realistically reach 100 GW of renewable capacity by 2040. To achieve this, the document emphasizes the need to remove permitting barriers, such as the 10H spatial planning rule, and modernize grid infrastructure to prevent connection bottlenecks. Furthermore, it argues that prioritizing renewables would make the debate between coal and gas obsolete, as Poland could halve its planned gas-fired generation to 29 TWh by 2030 while maintaining system balance.

The report emphasizes that immediate proactive planning for long-term offshore wind transmission in the U.S. is necessary to avoid foreclosing effective grid development pathways and to realize significant economic and environmental benefits.

The report identifies a critical need for coordinated transmission planning to integrate projected offshore wind (OSW) generation, which could reach 200-460 GW by 2050. It argues that current incremental, project-by-project interconnection processes are inefficient and costly. Proactive planning is projected to save U.S. consumers at least $20 billion, reduce shore crossings and onshore upgrades by 60-70%, and decrease marine cable installations by 50%. The document outlines significant barriers, including siloed planning, lack of HVDC technology standardization, and uncertain tax credits. It provides a phased roadmap of 12 recommendations, ranging from immediate staffing increases and the creation of multi-state decision-making bodies to long-term grid operation and wholesale market design modifications.

Global investments in energy transition technologies reached a record USD 1.3 trillion in 2022, yet this remains insufficient to meet climate goals, with annual needs estimated at over USD 5 trillion. While renewable energy investments are growing, they are heavily concentrated in a few regions—primarily East Asia and the Pacific—and specific technologies like solar PV and wind. Conversely, fossil fuel investments continue to rise, and subsidies remain high, particularly in Europe and the MENA region. The report emphasizes the need for a fundamental shift in financing for the Global South, calling for more innovative public finance instruments, the mobilization of institutional capital, and a transition away from fossil fuel funding to ensure a just and inclusive energy transition.

Global energy transition investments reached a record USD 1.3 trillion in 2022, but this is less than one-third of the annual USD 5 trillion needed to meet the 1.5°C Scenario. While renewable energy investments grew to nearly USD 0.5 trillion in 2022, they remain heavily concentrated in solar and wind technologies and a few regions, primarily East Asia and Pacific. Developing and emerging markets receive a disproportionately small share of finance; for example, Sub-Saharan Africa received less than 1.5% of global investments between 2000 and 2020. The report emphasizes that private capital prioritizes low-risk, commercially viable projects, leaving a critical gap in less mature technologies and high-risk regions. It argues for a fundamental shift in public financing, moving beyond simple de-risking to provide more grants, concessional loans, and innovative instruments like local currency lending and green bonds to ensure a just and inclusive transition.

The report outlines a phased roadmap for the Green Power Corridor (GPC) in North-East Asia, aiming to integrate the power grids of China, Japan, Mongolia, the Republic of Korea, the Democratic People's Republic of Korea, and the Russian Federation. Using a cost-optimization model, the study demonstrates that enhanced connectivity reduces system costs, accelerates the adoption of low-cost renewables, and supports national net-zero targets. The proposed roadmap is divided into three phases: laying the groundwork (2023-2030), implementation (2030-2040), and organic development (2040 onward), focusing on six building blocks: political accord, institutional framework, infrastructure backbone, financial arrangements, regulatory framework, and social acceptance.