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China has surpassed its 2030 wind and solar capacity targets six years early, with clean electricity meeting 84.2% of additional demand in 2024. However, the report argues that the 'more renewables, more coal' era is ending and the next phase requires a shift from adding capacity to engineering a 'megasystem' involving smart grids, long-duration storage, and industrial electrification. While the 'new three' sectors (solar, batteries, EVs) have driven GDP, they face saturation and competition, making the development of next-generation technologies essential for sustaining China's 'growing by greening' economic strategy.

The document argues that traditional nationalistic industrial models must shift toward collaborative frameworks to avoid excluding developing nations from green value chains. It suggests strategies such as disaggregating energy-intensive production to regions with abundant renewables, moving from 'technology transfer' to 'sharing of know-how', and utilizing industrial clusters to reduce costs and aggregate demand. The paper emphasizes the role of Multilateral Development Banks (MDBs) in providing concessional capital and the potential for 'climate-smart' public-private partnerships, including philanthropic funding, to bridge financial gaps. It highlights the importance of regional trade frameworks and the need to recycle revenues from carbon border measures back into developing economies to catalyze green industrialisation.

The report finds that the cumulative aligned GSS+ market reached USD 5.7 trillion by the end of 2024. Green bonds remain the dominant theme, while sustainability-linked bonds (SLBs) saw a significant decrease in aligned volume. Europe continues to be the largest source of aligned GSS+ debt, and the report highlights the growth of sovereign issuance and the development of national taxonomies.

The report finds that while carbon markets have the potential to generate social and economic benefits for LMIC communities, current impacts are often suboptimal or negative due to poor project design and governance. Agricultural and energy efficiency projects generally show higher potential for positive community impact than pure forest conservation projects, which often restrict access to vital resources. Key barriers include low carbon prices in voluntary markets, delayed payments, and the exclusion of women due to land tenure structures. Positive outcomes are linked to pro-poor design, inclusive governance, higher carbon prices for co-benefits, and adherence to stringent standards like the CCB Standard.

The report finds that while electric arc furnace (EAF) capacity is growing, the global steel industry is not on track for 2030 net-zero goals due to continued investment in coal-based blast furnaces, particularly in India and China. India has emerged as the largest developer of steel capacity, though most of its plans remain in the announcement stage and are heavily carbon-intensive. The report also highlights the strategic importance of iron ore producers like Australia and Brazil in enabling the transition to direct reduced iron (DRI) production.

The TACTS tool provides a framework for stakeholders to calculate solar tariffs using the levelized cost of energy (LCOE) method, evaluate risk reduction and financing instruments, and conduct cost-benefit analyses from the perspective of distribution companies (DISCOMs). It specifically supports the implementation of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme by quantifying avoided generation, power purchase, and transmission costs against the cost of feed-in tariffs.

The paper argues that Colombia's previous price-based renewable energy auctions failed to consider socio-economic factors, leading to social conflict and project cancellations, particularly in La Guajira. It recommends two main pathways for the new framework: enhancing community engagement and benefit sharing for large-scale projects through stricter qualification requirements and multicriteria award mechanisms, and scaling up energy communities via a reserved auction quota (adhesion process) and a dedicated support agency to prevent 'community washing'.

The document examines how rapidly growing cities in India and Kenya rely on informal, decentralized water solutions—termed 'gridless water configurations'—to bridge gaps in failing or insufficient centralized infrastructure. It highlights the risks of unregulated groundwater extraction and social inequality, while proposing that water authorities formally recognize and co-design these systems with local communities to create more resilient and equitable urban water governance.

The document analyzes global agricultural greenhouse gas (GHG) emissions, noting that the sector accounted for approximately 20% of global anthropogenic emissions in 2022. It identifies ruminant livestock and deforestation as the primary drivers of these emissions and highlights significant regional variations in emission intensities. The author argues that coupled subsidies and market price supports incentivize environmentally harmful practices and recommends repurposing these funds toward sustainable management, innovation, and uncoupled payments to reduce the sector's carbon footprint while balancing food security and livelihoods.

The report examines the environmental impacts of agricultural subsidies, noting that total global support ranges from $610 to $842 billion per year. It argues that while production-linked supports—such as market price support and input subsidies—are often the most harmful, impacts are highly context-specific. The authors propose several frameworks for identifying harmful subsidies, including the use of meta-analyses of farming practices and the Driver-Pressure-State-Impact-Response (DPSIR) model. To address these issues internationally, the report suggests options such as enhanced transparency, the use of 'rebuttable presumptions' to shift the burden of proof to subsidizing countries, and special and differential treatment for developing nations to balance environmental goals with food security and livelihoods.

Since 2013, GHE has installed decentralized solar micro-grids in remote areas of Ladakh and northeast India, providing clean energy to over 70,000 people across 190 villages. The model emphasizes community ownership, where residents are trained as technicians and eventually manage the systems. This transition from fossil fuels to over 1 megawatt of solar power has enabled the creation of 70 women-led homestays, the revival of traditional crafts, and the establishment of 35 Innovation centres providing digital content to 17,000 students.

In 2024, global coal power capacity increased by 18.8 GW, as 44.1 GW was commissioned and 25.2 GW retired. While the EU27 saw a fourfold increase in retirements and the UK completed its coal phaseout, global progress was offset by significant expansion in China and India. China commissioned 30.5 GW (70% of the global total) and saw 94.5 GW in new construction starts. India recorded its highest-ever level of new coal proposals at 38.4 GW. Conversely, coal proposals in OECD countries dropped from 142 in 2015 to five today, though retirements in these nations must triple to align with the Paris Agreement.

In 2024, fossil-powered capacity fell below half of the total electricity mix for the BRICS group, driven by renewable growth in China, India, and Brazil. However, new BRICS members—including Indonesia, Kazakhstan, and Nigeria—show a stark gap between net-zero pledges and action, currently constructing ten times more fossil fuel capacity (25 GW) than wind and utility-scale solar (2.3 GW). Chinese state-owned enterprises (SOEs) are central to this expansion, backing 62% of all power capacity under construction in new member geographies, with particularly high involvement in hydropower (93%) and coal (88%).

The author outlines three priorities for Canada's post-election climate strategy: improving affordability through energy-efficient technologies like heat pumps, maintaining economic competitiveness against global decarbonization trends and carbon border tariffs, and protecting communities from the increasing financial and health costs of extreme weather disasters.

The Canadian Climate Institute outlines three priorities for Canada's climate strategy: improving affordability through clean energy technologies, enhancing economic competitiveness via industrial carbon pricing to align with global partners, and increasing protection against escalating climate-driven financial losses from natural disasters.

The African Union's admission as a permanent member of the G20 in September 2023 represents a shift in global economic governance, increasing the G20's global population representation from 65% to 80%. Historically, the G20 has been viewed as favoring advanced economies, with initiatives like the 2017 Compact with Africa (CWA) and the 2021 debt service suspension initiative (DSSI) criticized for serving the interests of wealthier nations or creditors. The AU's debut at the November 2024 Rio de Janeiro summit focused on priorities including financial system reform, food security, and climate resilience. However, the document warns that rising nationalism, specifically the 'America First' agenda of the Trump administration, poses a threat to the multilateralism necessary for the AU's effectiveness. To move beyond symbolism, the paper argues the AU must leverage the African Continental Free Trade Area (AfCFTA) to increase aggregate purchasing power—projected to reach USD 1.8 trillion by 2035—and emulate the European Union's model of policy harmonization to attract global investment.

The policy brief examines the introduction of solar-hour time of day (ToD) tariffs for Indian households starting April 1, 2025. It assesses how these tariffs, which offer rebates during solar generation hours and surcharges during peak hours, affect non-rooftop solar (non-RTS) and rooftop solar (RTS) consumers across several states. The analysis finds that while non-RTS consumers may see bill reductions of 1-4%, RTS consumers may face longer payback periods due to peak surcharges. The author emphasizes that successful implementation requires accelerated smart meter deployment and state-specific, seasonal tariff designs.

The U.S. steel industry is already less carbon-intensive than other major regions due to a high reliance on electric arc furnaces (EAFs), which account for 70% of production. However, the remaining 30% relies on integrated blast furnace/basic oxygen furnace (BF-BOF) routes to produce high-quality steel. Decarbonization requires transitioning these integrated mills to direct reduced iron (DRI) and submerged arc furnaces (SAF) or implementing carbon capture and storage (CCS). While clean electricity offers a 'quick win' for EAFs, deep decarbonization is hindered by the high cost of green hydrogen and the need for extensive CCS infrastructure. The report argues that because steel is a low-margin commodity, government policy—including carbon taxes, border adjustment mechanisms, and demand-side incentives—is essential to offset the increased costs of low-carbon production.

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.

The report highlights solar power as the primary engine of the global energy transition, noting it surpassed 2,000 TWh of generation in 2024 and doubles every three years. While emerging drivers such as data centres, EVs, and heat pumps have structurally increased electricity demand, clean generation is projected to grow fast enough to meet this demand and drive a structural decline in fossil fuels by 2030. Central to this shift is the progress in China and India, where clean power deployment is breaking the historical link between economic growth and fossil fuel expansion, potentially tipping the global balance toward a decline in fossil generation.