Energy

World Bank Links Energy Subsidy Reform to Job Creation in MENA Region [viewed]

World Bank8 October 2014: A study by the World Bank finds evidence of a positive relationship between fuel prices, per capita gross domestic product (GDP) growth and job creation, and encourages the governments of the Middle East and North Africa (MENA) region to cut energy subsidies in order to build dynamic, employment-intensive economies. The study, titled ‘Corrosive Subsidies,' also projects economic growth in the MENA transition countries to be hampered by macroeconomic imbalances and unfinished subsidy reform.

read more »

Event: 2014 Executive Assembly of the World Energy Council [viewed]

The annual meeting of the World Energy Council (WEC) will be hosted in 2014 by the Colombian Member Committee (COCME) of the WEC. Focusing on the delivery of sustainable energy systems on different levels, the event will provide an opportunity for the WEC community and energy sector representatives to engage in a series of open and private discussions. The meeting will comprise a series of related events, including: the World Energy Leaders', the Future Energy Leaders' and Energy Trilemma Summits, held on 22 and 23 October; the Latin America Ministerial Meeting, on 24 October; and the WEC's major governance meetings, culminating in the full WEC Executive Assembly Plenary, on 20-22 October, which will set the strategic direction for the organization.  

read more »

EuropeAid Launches Rural Electrification Financing Initiative [viewed]

European Union2 October 2014: In an effort to accelerate rural electrification in developing countries, the European Commission's Directorate-General for Development and Cooperation (EuropeAid) has launched an ‘Electrification Financing Initiative' (ElectriFI), which aims to generate business opportunities in this area by supporting the private sector.

read more »

Policy Update #16: UN Climate Summit Resets Course for High-Level Climate Debate [viewed]

“dear matafele peinam… they're marching for you, baby they're marching for us because we deserve to do more than just survive we deserve to thrive.” (Kathy Jetnil-Kijiner, Marshallese poet, writer, performance artist and journalist speaking at the opening of the 2014 Climate Summit)

read more »

IEA, ASEAN Strengthen Collaboration on Energy Efficiency, Renewables [viewed]

iea-asean2 October 2014: The International Energy Agency (IEA) and the Association of Southeast Asian Nations (ASEAN) have issued a joint statement applauding past collaboration and outlining future joint activities. The IEA-ASEAN joint statement builds on a memorandum of understanding (MoU) between the two organizations from 2011, serving as the basis for annual AMEM-IEA joint dialogues.

read more »

CCXG Forum Addresses Climate Policy Linkages, Energy and Land Transformations [viewed]

oecd.iea17 September 2014: The Climate Change Expert Group (CCXG) held its second Global Forum in 2014, bringing together country delegates and experts for an informal dialogue on, inter alia, streamlining the UNFCCC process, enhancing coordination and linkages, financing mitigation and adaptation, transforming the land and energy sectors and stimulating clean energy research and development (R&D).

read more »

Asia-Pacific Forum Fosters Partnerships for Climate Resilience [viewed]

apan4 October 2014: The Fourth Asia Pacific Climate Change Adaptation Forum, which convened under the theme ‘Fostering strong partnerships to build a climate resilient Asia Pacific,' brought together over 600 scientists, government officials, representatives from civil society organizations, the private sector and donor agencies from more than 30 countries to come up with innovative solutions to address the impacts of climate change.

read more »

BNEF: Global Clean Energy Investments on the Rise [viewed]

bloombergnewenergyfinance2 October 2014: According to Bloomberg New Energy Finance (BNEF), over the first nine months of 2014, global investments in clean energy were 16% higher than during the same period in 2013. Total clean energy investments in this period reached US$175 billion. Investments in the third quarter of 2014 were similarly higher than in the previous year, driven in part by record-high investments in solar energy in China and Japan.

read more »

September 2014 Sustainable Energy Finance Update [viewed]

climatefinanceoctSeptember 2014: During the month of September, the World Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Asian Development Bank (ADB), the African Development Bank (AfDB) and other donors undertook activities and approved funding for sustainable energy projects in various countries, including Albania, Burkina Faso, Jordan, Kazakhstan, Peru and Republic of Congo.

read more »

IEA Projects 27% Share for Solar PV, Thermal by 2050 [viewed]

IEA29 September 2014: By 2050, solar energy could become the world's largest source of electricity, accounting for 27% of total world power generation, according to the International Energy Agency's (IEA) technology roadmap studies on solar photovoltaic (PV) energy and solar thermal electricity (STE). The two publications present the IEA's views on the required level of deployment in a scenario of ambitious mitigation action and low supply from other clean technologies.

read more »