Search Climate Insights Directory

The Three Seas Initiative (3SI) is criticized for prioritizing fossil gas infrastructure over renewable energy, which risks locking in emissions beyond 2050 and violating the EU's Climate Law. As of July 2021, fossil gas projects outnumber renewables in the 3SI database by more than two to one. Many of these gas projects are described as 'zombie projects'—outdated relics that have failed to attract financing or remain unutilized, such as the BRUA and Eastring pipelines. The document highlights that EU gas consumption must decline sharply to meet a 55% emissions reduction by 2030. While the 3SI Investment Fund (3SIIF) recently made its first energy investment in solar developer Enery Development, the briefing argues that significant political and financial shifts, including from the US, are needed to catalyze the region's renewable energy potential and align with the 'Fit for 55' package.

The document outlines the development of certification criteria for electrical grids and storage to mobilise private capital for low-carbon infrastructure. It establishes that most modern grid investments are eligible if they support the integration of renewables or are part of a system on a trajectory toward decarbonisation, adopting the EU taxonomy as a baseline. It specifically excludes pumped hydropower and hydrogen storage from this sector's scope. The criteria also mandate that issuers demonstrate climate resilience by assessing physical risks and implementing mitigation measures over the assets' operational lifetimes.

Egypt's updated NDC outlines a comprehensive strategy to mitigate greenhouse gas emissions and adapt to climate change by 2030. The plan focuses on transitioning the electricity sector to 42% renewable energy, reducing associated gas flaring in the oil and gas sector by 65%, and shifting transport toward low-carbon mass transit. Adaptation priorities include rehabilitating 20,000 km of irrigation canals, protecting the Nile Delta from sea-level rise, and enhancing agricultural resilience. Implementation is heavily dependent on international financial support, with an estimated total requirement of USD 246 billion.

The document outlines the development of eligibility criteria for electrical grids and storage to align bond investments with a 1.5°C warming scenario. It details the decision to adopt EU taxonomy criteria for transmission and distribution, the rationale for applying similar constraints to energy storage, and the requirements for climate resilience and adaptation.

The report highlights a significant gap in adaptation finance, noting that while total global climate finance reached US$437 billion in 2015, only 16 percent was dedicated to adaptation. It argues that public finance is insufficient to meet the projected costs of building resilience in the developing world, which could reach US$500 billion by 2050. The text identifies critical barriers to private sector engagement, including a lack of predictable returns, deficient regulatory frameworks, and knowledge gaps regarding climate vulnerability. It further examines how climate change threatens key sectors—agriculture, energy, health, and transport—while suggesting that these vulnerabilities also present new market opportunities for climate-resilient products and infrastructure.

The report highlights the potential for e-mobility, specifically low-speed electric vehicles (LSEVs) and micromobility, to provide affordable transport in the SADC region. It identifies infrastructure gaps and a lack of political will as primary barriers, while suggesting that the region's strategic mineral reserves could provide global bargaining power. The author advocates for the use of existing frameworks like the SADC RISDP 2020–30 and the Green Economy Strategy to accelerate the transition and recommends that South Africa join the IEA's Electric Vehicles Initiative.

The report details the operational framework for mapping green finance in India, focusing exclusively on mitigation activities. It defines the scope of 'green finance' to include climate finance and environmental objectives like resource conservation, while explicitly excluding adaptation, biodiversity, and pollution abatement. The methodology describes the classification of sources (public, private, and international), the identification of financial instruments (grants, loans, and equity), and the sectoral coverage spanning power generation, energy efficiency, and sustainable transportation. It specifies the data sources used, including Union and State budgets, OECD databases, BNEF, and reports from Public Sector Undertakings (PSUs).

Iberdrola is a global power utility headquartered in Spain that aims for carbon neutrality in Europe by 2030 and globally by 2050. The company is aggressively expanding its renewable energy capacity, targeting 60 GW by 2025, and investing heavily in smart grids, electric mobility, and green hydrogen. It is a major issuer of green bonds and actively advocates for ambitious global climate policies through partnerships with the UN and the European Union.

The policy brief contends that Africa's vulnerability to crises like COVID-19 and climate change is exacerbated by low access to energy and the digital economy. It proposes that the AU-EU partnership should prioritise decentralised, renewable energy solutions to bridge the digital divide, as internet access is viewed as a critical value-added energy service and a human right. The document recommends that multi-lateral financial institutions invest in green energy, while policymakers incentivise broadband access and integrate ICT skills into education to foster economic inclusion and climate resilience.

The report finds that tracked green finance in India averaged INR 124 thousand crores (USD 19 billion) per year for FY 2017-2018, representing only about 10% of the estimated annual requirement for climate action. Domestic private finance was the largest contributor, with the vast majority of funds flowing into renewable energy, specifically solar and wind power. While public finance increased due to government initiatives and the role of Public Sector Undertakings (PSUs), the report highlights significant data gaps and the need for a standardized green finance taxonomy and a national measurement, reporting, and verification (MRV) system to scale investments.

The GGT2030 plan targets the development of ten high-growth sectors in Gauteng through significant infrastructure investment, the establishment of Special Economic Zones (SEZs), and the digitalization of government services. Key goals include spending R60 billion on infrastructure by 2025 to create 100,000 jobs and investing R1.3 trillion by 2030 across water, energy, and transport sectors. The strategy emphasizes inclusive growth via township-based business support, the 'Welfare-to-Work' programme for 100,000 young women, and the creation of a 'silicon valley of Africa' through high-tech SEZs and universal broadband in townships.

A joint letter from various environmental and climate organizations calling on global insurance associations to ensure COVID-19 stimulus packages support a low-carbon transition rather than fossil fuel industries, while urging the insurance sector to end coverage for coal and oil and gas expansion.

The report outlines a 'Reinventing Fire' scenario for China to decouple economic growth from energy consumption and carbon emissions by 2050. By prioritizing demand reduction, electrification, and a shift to non-fossil energy, China could maintain GDP growth while reducing primary energy demand to 2010 levels. Key strategies include structural industrial shifts, passive building design, multimodal transportation optimization, and a three-stage transition of the power sector from coal to renewables. The analysis suggests this transition is cost-effective, with a potential net present value savings of 21 trillion RMB.

The document provides a detailed breakdown of 'green jobs', highlighting that the U.S. energy efficiency sector employs over 3 million people and the global renewable energy sector employed 11 million in 2018. It identifies China as the global leader in renewable energy employment and notes the emergence of climate adaptation and resilience as critical new areas of job growth, despite a lack of standardized tracking codes in the U.S. Bureau of Labor Statistics system.

The document provides a comprehensive overview of 'green jobs', highlighting that the U.S. energy efficiency sector employs over 3 million people and the global renewable energy sector employed 11 million people in 2018. It details specific employment figures for various technologies—such as solar, wind, and biofuels—and identifies China as the global leader in renewable energy employment. Additionally, it notes the emergence of climate adaptation and resilience jobs, though standardized data collection for these roles remains limited.

The document advocates for the European Union to lead the 'Mission 2020' initiative, which aims to bend the global emissions curve by 2020 to stay within the 2-degree Celsius limit of the Paris Agreement. It argues that the EU can use its existing institutional frameworks, specifically regional cohesion and structural funds, to support a just transition toward low-carbon economies. The text emphasizes a shift from centralized energy production to decentralized, community-based renewable energy systems to empower local actors and counteract populist movements. It cites historical industrial transitions in regions like the Ruhr Area as evidence that such structural changes can be managed. Additionally, it highlights the role of bottom-up movements, such as the Transition Town Movement and the fossil fuel divestment movement, in driving decarbonization.

The document outlines India's approach to climate change, emphasizing the principle of Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC) and its commitment to the Paris Agreement despite the US withdrawal. It highlights India's challenges with erratic weather, forest fires, and water shortages, while noting its continued reliance on coal alongside growing renewable energy. The report identifies five key areas for potential India-Norway cooperation: CO2 sequestration in Enhanced Oil Recovery, mini-hydro power and turbine retrofitting, REDD+ pilots for ecosystem restoration, smart grid solutions for renewables, and R&D in biogas from waste.

The report examines the intersection of urban growth, aging electricity infrastructure, and climate change in Canada, arguing that the deployment of smart grid technologies is essential for decarbonization and grid resiliency. It identifies a significant financing gap for modernization, estimating a need for CAD 350 billion in investment over 20 years. The document outlines four emerging business models—Energy Service Provider, Customer Energy Marketplace, Local Balancing Authority, and Smart City—and notes that their adoption varies by region. It highlights barriers to smart grid deployment, including technical complexity, cyber security risks, and regulatory frameworks that treat smart investments as traditional capital infrastructure. The report concludes by calling for a National Vision on Grid Modernization to coordinate stakeholders and align the energy transition with mid-century climate goals.

The document analyzes the proposed EU DSO entity, identifying risks such as conflicts of interest in drafting Network Codes (NCs) and potential discrimination against smaller market players. It evaluates four options: scrapping the proposal, creating an independent Consultation Forum, embedding strong regulatory safeguards, or limiting the EU DSO's mandate while transferring rule-setting tasks to ACER. The author concludes that a combination of strong safeguards and a limited consultative mandate is the most desirable approach to ensure non-discrimination and alignment with EU climate and energy goals.

The European Investment Bank (EIB) is requesting USD 265 million from the Green Climate Fund (GCF)—USD 250 million for an investment vehicle and USD 15 million for a technical assistance facility—to launch GEEREF NeXt. Structured as a fund-of-funds, the programme aims for a total size of USD 750 million, blending GCF public seed capital with USD 500 million in private sector finance. The programme targets the development, construction, and operation of renewable energy (RE) and energy efficiency (EE) projects in emerging markets, expecting to finance over 200 projects and add up to 18 GW of clean energy capacity. By using a two-tier capital structure with a 'first-loss' mechanism for public capital, GEEREF NeXt intends to mitigate risk for private investors and achieve a projected 50x multiplier, potentially mobilising USD 30 billion in total project financing. The programme will be managed by the EIB Group, leveraging the experience of its predecessor, the Global Energy Efficiency and Renewable Energy Fund (GEEREF).