Many climate change adaptation strategies require considerable energy use, yet the role of reliable, affordable, and modern renewable energy services in climate adaptation is not widely acknowledged in policy making or practice.
In this brief, explore the direct employment impacts of a coal-to-renewable transition in South Korea in line with a Paris compatible coal phase out before 2030. Compare this with the projected outcomes under current policies.
The rate of rooftop solar capacity addition by commercial and industrial (C&I) consumers in India is expected to accelerate this year, as new and innovative solar technology solutions provide opportunities for businesses to save on electricity costs and contribute to corporate renewable energy targets, finds a new report by the Institute for
A new report released by the Global Wind Energy Council, in cooperation with The Renewables Consulting Group, finds that Vietnam is facing a crucial crossroads and has the opportunity to act now to accelerate deployment of offshore wind in this decade.
Wind and solar projects typically involve a mix of components manufactured in a few places at very large scales, but also components that can be produced in many countries. Given the boom in the construction of renewable energy projects, national governments are increasingly keen to maximize local economic benefits.
Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
This report examines how the Government of India has used subsidies to support the various energy sectors in India since announcing its renewable energy target of 175 GW by 2022, a goal that has now been increased to 450 GW by 2030. It also projects shifts in energy subsidies due to COVID-19.
Global energy demand fell the most since World War-II during 2020 as the Covid-19 pandemic stalled global economic activity. According to the bp Statistical Review of World Energy 2021, world energy demand is estimated to have fallen by 4.5 per cent in 2020. This is steeper than the earlier projections for the year.
Indonesia, like its counterparts around the world, has reallocated its 2020 fiscal budget of USD 49 billion (IDR 695.2 trillion) for healthcare, social assistance, and small businesses to cushion the negative impacts of the COVID-19 pandemic.