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Powering Canada Forward Fund
The Canadian Climate Institute proposes a Powering Canada Forward Fund (PCFF) to address the financial challenge of scaling Canada's electricity grid. Because current regulatory models pass the cost of new infrastructure immediately to ratepayers, there is a risk that rising bills will deter the electrification needed for climate goals. The PCFF would use federal funding to cover the gap between utility costs and customer receipts, deferring the cost of anticipatory build-out until new demand arrives to share the burden. This mechanism shifts demand risk from ratepayers to the federal government and ensures that the benefits of a larger, more efficient system are shared across generations of users.
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Document type: Policy brief
The ECB’s choice: shield the energy transition or repeat past mistakes
The author contends that raising interest rates to curb inflation caused by the war on Iran would disproportionately hinder renewable energy investments compared to fossil fuels, thereby prolonging Europe's energy vulnerability. To maintain price stability and support the energy transition, the document proposes that the ECB introduce 'Green TLTROs'—Targeted Longer Term Refinancing Operations—to provide lower interest rates for lending dedicated to renewable deployment, electrification, and grid upgrades.
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Document type: Statement
Green Investment in Africa: New Frontiers for Gulf Financing
The research paper examines the increasing role of GCC countries—primarily the UAE, Saudi Arabia, and Qatar—as major investors in Africa's energy transition and infrastructure. It identifies food security and economic diversification away from hydrocarbons as the primary drivers for Gulf states. While highlighting significant projects in renewable energy and mining, the paper warns that the current focus on large-scale, export-oriented developments may sideline local community needs and climate adaptation priorities unless African policymakers actively steer investments toward local beneficiation and regional integration.
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Document type: Research paper
Response to Indonesia’s Just Energy Transition Partnership (JETP) Progress Report 2025
Ember argues that Indonesia's JETP 2025 scenario is insufficiently ambitious, particularly regarding the captive power sector, where it suggests that integrating solar PV could significantly reduce emissions. The brief calls for the inclusion of captive power in peaking emission targets, the removal of solar quotas, and the redirection of JETP investments toward coal-producing provinces to mitigate fiscal vulnerabilities and job losses.
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Document type: Policy brief
Systemic bankability is the key to unlocking energy transition speed and scale
The paper argues that emerging clean energy technologies face a 'missing middle'—a gap where projects are too large for venture capital but too risky for institutional project finance. To address this, the authors introduce a 'systemic bankability' framework consisting of nine risk factors: construction cost overruns, technology performance, revenue adequacy, regulatory uncertainty, enabling infrastructure limitations, social opposition, supply chain limitations, commercial insurance unavailability, and delivery system limitations. The authors note that while solar and onshore wind eventually achieved systemic bankability, the process was too slow for current climate goals, and even established technologies can see their bankability erode due to new bottlenecks like grid interconnection delays and social opposition.
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Document type: Research paper
Global Landscape of Climate Finance 2025
Climate finance for emerging markets and developing economies (EMDEs) surpassed USD 1 trillion in 2023, with 80% mobilized domestically. Mitigation finance dominates, accounting for 92% of flows (USD 979 billion), while adaptation finance reached USD 48 billion. China is the primary driver, providing 64% of total EMDE flows. Significant gaps remain, with annual mitigation needs estimated at USD 3.86 trillion. The report recommends strengthening domestic enabling environments, improving the quality of international finance, and increasing data transparency to scale investment.
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Document type: Report
COP30: An Integrated Vision for Climate Change and Trade
The document introduces the Integrated Forum on Climate Change and Trade, an institutionally independent 'laboratory' designed to foster dialogue between climate and trade experts. It aims to move beyond the diagnosis of problems to the design of technical solutions in areas such as climate criteria, carbon accounting, and the acceleration of renewable energy deployment, without producing binding legal texts.
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Document type: Statement
People are supportive and proud of the UK’s move towards clean energy
The report finds widespread public support for clean energy in the UK, with high levels of acceptance for wind turbines and solar panels across the political spectrum. It notes that in Scotland and Wales, renewable energy projects generate national pride comparable to or exceeding that of the fossil fuel industry. The analysis suggests that 'stories of progress' are more compelling to the public than narratives of failure or radical change. While support for renewables is high, the document emphasizes that fossil fuel industries remain tied to national identity and history, and that the transition must account for job losses and the perceived value of the industrial past.
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Document type: Report
Global Electricity Source Trends
In 2024, global electricity generation reached new record highs for solar, wind, hydro, gas, and coal. Solar was the fastest-growing source, increasing by 474 TWh to reach a 6.9% share of the global mix, with China contributing 53% of this growth. Wind generation also hit a record of 2,494 TWh, though growth slowed due to weather conditions. Hydro rebounded to an all-time high of 4,416 TWh following 2023 droughts, largely driven by China. Nuclear generation grew by 2.5% to 2,768 TWh, but its global market share fell to a 45-year low of 9%. Gas and coal both reached record generation levels in 2024, though their shares of the global electricity mix declined to 22% and 34% respectively, as electricity demand grew faster than their production.
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Document type: Report
Finding US Clean Power Development Sees Record Progress, As Well As Stronger Headwinds
The U.S. clean energy sector saw record solar and battery storage installations in 2024, with renewables accounting for approximately 90% of new capacity. However, progress is hindered by grid interconnection backlogs, rising local opposition, high interest rates, and supply chain shortages. The report also notes a slowdown in EV sales growth and warns that the Trump administration's policies may create further roadblocks to decarbonization.
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Document type: Report
Global Landscape of Climate Finance 2025
Global climate finance reached a record USD 1.9 trillion in 2023, with private contributions exceeding USD 1 trillion for the first time. While mitigation finance more than doubled between 2018 and 2023, driven by energy and transport, adaptation finance remains significantly underfunded at USD 65 billion. Investment is heavily concentrated in East Asia and the Pacific, Western Europe, and North America, with 80% of finance sourced domestically. Despite growth, a substantial gap remains to meet the estimated annual need of USD 6.3 trillion by 2030.
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Document type: Report
GLOBAL LANDSCAPE OF ENERGY TRANSITION FINANCE 2025
Global energy transition investments reached a record USD 2.4 trillion in 2024, yet remain insufficient to meet the 1.5°C pathway. While solar PV and battery storage show strong growth, other technologies like wind and green hydrogen face significant headwinds. Investment is heavily concentrated in China and advanced economies, leaving least developed countries (LDCs) and Sub-Saharan Africa severely underfunded and dependent on international public finance.
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Document type: Report
UK low-carbon renewable power set to overtake fossil fuels for first time
In 2024, UK low-carbon renewables (wind, solar, and hydropower) are forecast to generate 37% of electricity (103 TWh), overtaking fossil fuels, which are set to provide 35% (97 TWh). Wind power is close to becoming the largest single source of UK power, forecast at 29% (82 TWh), just behind fossil gas at 30% (85 TWh). The year also marked the closure of the UK's last coal power plant, with gas power use set to decrease by 13% compared to 2023, reaching its lowest level since 1996. This decline in fossil fuel reliance is attributed to rising renewable generation, low electricity demand, and a 42% increase in net electricity imports.
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Document type: Report
Powering the Clean Energy Transition: Net-Zero electricity in Canada
The document outlines the benefits of a net-zero electricity transition in Canada, noting that the power sector has already reduced greenhouse gas emissions by 60% since 2005. It argues that a clean grid will lower household energy costs, create distributed employment, and improve public health by eliminating pollutants from coal and gas plants. The brief emphasizes that achieving net-zero by 2050 will require doubling or tripling electricity generation to support electrification across all sectors, necessitating coordination between federal, provincial, and territorial governments.
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Document type: Policy brief
Methodology for the Landscape of Climate Finance in Africa
The methodology for the Landscape of Climate Finance in Africa 2024 describes the framework used to identify and categorize climate finance flows. It employs a taxonomy to distinguish between mitigation, adaptation, and dual-benefits finance across sectors such as energy, transport, and agriculture. The approach relies on a mix of public and proprietary data from sources like the OECD, BNEF, and the World Bank, while acknowledging significant gaps in domestic public expenditure tracking and private sector reporting. The document also details the classification of African countries by subregion and income status.
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Document type: Report
Unlocking Clean Power for All
While solar PV and onshore wind are now the cheapest new power generation options in many countries, substantial barriers remain in emerging and developing economies. To achieve the COP 28 goal of tripling renewable capacity by 2030, the report advocates for targeted public financial measures including concessional finance, grid modernization, and fossil fuel subsidy reform, supported by increased international transfers.
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Document type: Report
The UK’s journey to a coal power phase-out
The UK officially entered a coal-free power era on 1 October 2024 with the closure of the Ratcliffe-on-Soar plant. This transition saw power sector emissions drop by 74% between 2012 and 2023, driven by a combination of carbon pricing, renewable energy growth, and grid investment. The report argues that while the coal phase-out provides a roadmap, the next goal of clean power by 2030 will require a more complex whole-systems approach to displace gas and manage grid stability.
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Document type: Report
Unlocking Clean Power for All
The report applies tipping point theory to the energy transition, arguing that while solar and wind have reached cost parity with fossil fuels globally, systemic barriers persist in many emerging market and developing economies (EMDEs). It proposes a holistic policy framework to 'force' tipping by amplifying positive feedbacks (e.g., reducing cost of capital), removing negative feedbacks (e.g., fossil fuel subsidy reform), and creating enabling conditions (e.g., grid modernization). The authors emphasize that public finance, especially international concessional funding, is critical to overcome high capital costs and infrastructure gaps in the Global South to meet the goal of tripling renewable energy capacity by 2030.
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Document type: Report
UK’s climate future: Progress needed across sectors as 2030 targets loom
The UK has met previous emissions targets primarily through the energy supply sector, but currently lacks credible plans for two-thirds of the reductions needed to reach its 2030 target of a 68% reduction compared to 1990 levels. To address this, the Climate Change Committee (CCC) emphasizes that over 75% of future reductions must come from non-energy sectors, specifically transport, buildings, agriculture, and land. Key recommendations include accelerating the scale-up of methane-suppressing feed, deploying 5 MtCO2 of engineered greenhouse gas removals annually by 2030, and prioritizing low-carbon hydrogen for industrial use-cases like steel and ammonia production rather than home heating. In aviation, while a SAF mandate is planned for 2025 to reach a 10% target by 2030, the brief warns against overreliance on SAF due to feedstock constraints and suggests exploring e-fuels and hydrogen. Nuclear energy is identified as a long-term necessity, requiring a shift toward standardised products to reduce costs.
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Document type: Policy brief
Wind targets are achievable but fall short of a tripling
National wind targets from 70 countries and the EU aim for a collective capacity of 2,157 GW by 2030, which represents a 2.4x increase from 2022 but falls short of the 2,742 GW required for a tripling. While global forecasts suggest these targets are achievable in aggregate, this is primarily due to China's expected over-performance; most other countries are projected to fall short of their own targets. The report highlights significant implementation gaps in the US and India, while noting that Brazil and Türkiye are likely to exceed their targets due to low initial ambition.
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Document type: Report