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Event: Asia Clean Energy Summit and Singapore International Energy Week

The Asia Clean Energy Summit (ACES) is a regional platform focusing on clean energy technology, policy and finance supported by leading government agencies, research institutes and industry in...

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IISD Releases Briefing Note on Canadian Fossil Fuel Subsidies

The briefing note focuses on direct transfers to oil and gas producers and fiscal policies specific to fossil fuel extraction and production administered by the Federal Canadian Government. It finds...

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Carbon Markets Update: ETS Reforms, Carbon Markets Alignments and Blockchain...

EU and California intensify cooperation on carbon markets. New Zealand proposes emissions trading reforms. Carbon Tracker Report predicts European Market Stability Reserve to prompt coal-to-gas switch....

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IEA Releases Reports on G20 Energy Transition Progress

The first report focuses on the performance of G20 members regarding energy access, efficiency, and transitioning towards cleaner, more flexible and transparent energy systems. The second report...

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Policy Brief: Getting Carbon Prices Right: Whether Incentives or Tax, Climate...

OECD report finds carbon pricing gap prevents efficient decarbonisation as carbon prices and real climate costs will only meet in 2095 at the current rate of adjustment. New Climate Institute paper...

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Forum on Energy for Sustainable Development Discusses Investments and...

The Ninth International Forum on Energy for Sustainable Development considered the implications of an accelerated energy transition. The event focused on four themes: energy transition and...

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Report Reveals Lack of Ambition to Decarbonize Transport in G20 Countries

The report shows that the transport sector ion G20 countries is far from achieving decarbonization. Emissions from transport could grow by 60% by 2050 unless more effective policies and targets are...

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Expanding Carbon Pricing and Ensuring Environmental Integrity

UNFCCC negotiations on operationalizing market mechanisms will continue in 2019 focusing on the need to ensure that they safeguard environmental integrity. Multilateral Development Banks established a...

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Event: Sustainable Energy for All Forum 2020

Focusing on the theme, 'Building Speed, Reaching Scale, Closing the Gap,' the 2020 edition of the Sustainable Energy for All (SEforALL) Forum will provide a global platform to mobilize resources,...

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Petersberg Climate Dialogue Commits to Enhanced Action Ahead of UN Summit,...

The tenth Petersberg Climate Dialogue, convened by Chile and Germany, aimed to help prepare for the UN Secretary-General’s Climate Summit in September 2019 and the Santiago Climate Change Conference in...

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G20 Meetings Urge Energy Transitions for Sustainable Growth

The ‘Tokyo Declaration on Improving the Visibility and Energy Performance of Asset Investments by Financial Institutions’ calls for increased transparency regarding the energy performance of banks’...

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Japan’s Long-term Strategy Pledges Emission Reductions Through “Virtuous...

Japan’s Low Emission Development Strategy highlights the country’s intent to reduce emissions by 80% by 2050. The Strategy describes the country’s long-term vision for the energy, industry and...

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HLPF Side Event Explores Role of Fossil Fuel Subsidy Reform in Achieving...

The discussions noted that 40% of global energy still comes from coal, which hampers achievement of SDG 7. Initial analysis from an integrated fiscal model developed by IISD GSI shows that the effects...

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Wind and Solar Will Provide 50% of Electricity in 2050, BNEF Report Finds

The report predicts a 62% increase in global power demand, leading to global generating capacity tripling between now and 2050. It forecasts that coal’s role in the global power mix will decrease from...

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Carbon Pricing and Markets Update: Initiatives Promote Carbon Pricing...

Around 20% of global emissions are covered by regional, national and subnational carbon pricing initiatives and less than 5% are priced at a level consistent with achieving global temperature goals,...

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World Bank: Power Sector Reform in Developing Countries Requires New Strategies

Some countries have made significant progress in providing reliable, affordable and sustainable electricity, while others have lagged behind. The “goal posts have moved” since the 1990s, when achieving...

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Climate Finance Initiative Reports on Ways for Private Finance to Catalyze...

Published by the Climate Finance Leadership Initiative, the report outlines a range of readily available and scalable solutions, best practices and technologies to address some of the most common...

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Guest Article: All Change and No Change: G20 Commitment on Fossil Fuel...

Ten years after committing to rationalize and phase out inefficient fossil fuel subsidies, G20 countries still subsidise coal, oil and gas to the tune of around USD 150 billion annually (for both...

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Mitigation Finance Update: Every Project Counts to Help Achieve SDGs 7, 13

The European Bank for Reconstruction and Development approved EUR 300 million in funding to extend Kazakhstan’s Renewables Framework. The New Development Bank approved a USD 300 million loan for...

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Carbon Pricing and Markets Update: Can Santiago Climate Change Conference...

A study by the International Emissions Trading Association finds that market mechanisms can cut cost of implementing NDCs by USD 250 billion per year in 2030. The World Business Council for Sustainable...

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Pre-COP Links UN Climate Action Summit and Santiago Climate Change Conference

The Pre-COP aimed to act as a bridge between the UN Climate Action Summit and COP 25, and provided an opportunity to discuss the IPCC Special Report on the Ocean and Cryosphere in a Changing Climate...

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Policy Brief: COP 25: Bending the “Keeling Curve”

Two joint SBSTA-IPCC special events will provide the space for Parties to reflect on the Panel’s recent special reports on climate change and land and the ocean. The Marrakech Partnership for Global...

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ESCWA Reports on Progress on SDG 7 in Arab Region

The Arab region is on track to achieve universal access to electricity by 2030, but is not on track to achieve SDG targets 7.2 (increasing the share of renewable energy in the global energy mix by...

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UN Secretary-General, UK, Italy Outline Priorities for COP 26

Guterres acknowledged increased difficulties in the lead-up to the COP due to the postponement of many meetings as a result of the coronavirus outbreak. Incoming COP President Alok Sharma said that COP...

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UN SDG 7 Publications Urge Enhanced Energy Action Amidst Global Pandemic

The report measures progress and identifies best practices to achieve global access to electricity and clean cooking, increase the share of renewable energy consumed, improve progress on energy...

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Policy Brief: CORSIA Baseline Adjustment in Response to COVID-19: A Blessing...

In light of COVID-19, the ICAO Council agreed to implement a safeguard adjustment to the 2021-2023 pilot phase of CORSIA: the emissions baseline above which international airlines must offset their...

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Mongolia and Thailand Update NDCs, Pledge to Up Targets with Technological...

Mongolia has updated its NDC with a higher mitigation target of reducing its greenhouse gas emissions by 22.7% by 2030. Thailand’s NDC highlights the country’s plans to formulate a long-term...

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NewClimate Institute Report Analyzes Nuances of Net-zero Targets

The report analyzes the nuances of net-zero targets to better enable the identification of legitimate ambition, and offers recommendations to net-zero actors for increasing transparency in pursuit of...

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NDCs from UK, Switzerland, Costa Rica Reiterate Net Zero Goals

In recent news about NDCs, the UK, Switzerland, and Costa Rica have highlighted their goals of net zero emissions by 2050, in line with global warming of 1.5°C. The UK’s commitment to reduce its...

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UNFCCC Closes 2020 with 28 Long-term Low-emission Development Strategies

In the final weeks of 2020, the UNFCCC Secretariat received long-term low-emission development strategies from Austria, Belgium, Denmark, the Republic of Korea, Latvia, the Netherlands, Norway, Spain,...

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Policy Brief: Delivering Climate Ambition Through Market Mechanisms:...

With negotiations on rules that would operationalize market and non-market mechanisms for the mitigation of GHG emissions ongoing, it remains to be seen how countries will ensure market mechanisms...

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WTO Committee on Trade and Environment Discusses Efforts to Address Climate...

The EU updated members on its proposed Carbon Border Adjustment Mechanism and other trade-related aspects of the European Green Deal. Canada emphasized the role of international cooperation to ensure...

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Guest Article: Making Green Hydrogen a Global Trade Commodity for Enhanced...

Ambitious climate policy targets are driving interest in various applications of hydrogen as a potential source of dramatic reductions of GHG emissions. While international trade offers win-win...

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Working Groups Develop Recommendations for Just, Inclusive Energy Transitions

Five technical working groups are revising their draft reports that will feed into a global roadmap to achieving SDG 7 by 2030 and net-zero emissions by 2050. Preparations for the September high-level...

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Key Summits Pave Way to Glasgow Climate Change Conference

The fifth session of the Ministerial on Climate Action, the Leaders Summit on Climate, and the 12th Petersberg Climate Dialogue convened over the course of the past three months, seeking to set the...

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Event: High-level Dialogue on Energy

The UN Secretary-General is convening the High-level Dialogue on Energy at the summit level during the 76th session of the UN General Assembly in September 2021, in New York. This event was mandated by...

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Renewables, Efficiency Present “A Fighting Chance” at 1.5°C: IRENA Report

Over 90% of the solutions for a successful outcome in 2050 involve renewable energy through direct supply, electrification, energy efficiency, green hydrogen, and bioenergy combined with carbon capture...

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IRENA Forum Explores Role of Energy Transition in Achieving 1.5°C Goal

The first edition of the Global High-Level Forum on Energy Transition focused on the theme, ‘Science and Raising Ambition towards COP 26’. IRENA’s World Energy Transition Outlook 2021, launched during...

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Policy Brief: Reports, HLDE Ministerials Show “Where We Must Go” in Energy...

The Ministerial Thematic Forums, launched “theme reports” on: energy access; innovation, technology and data; energy transition; enabling SDGs through inclusive, just energy transitions; and finance...

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Trading Begins under China’s National ETS

Covering more than four billion tCO2, which accounts for about 40% of the country’s national carbon emissions, China’s ETS is the largest carbon market in the world by volume. While China’s national...

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Guest Article: Strengthening EU Emissions Trading Scheme to Back up Climate...

The EU ETS reduced GHG emissions of power generation and energy-intensive industries by almost 43% over the past 16 years. The EU ETS needs to be revised to ensure it delivers the contribution required...

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UN Reports Find Updated Climate Commitments “Fall Far Short” of Paris Goal

The revised NDC synthesis report confirms that the anticipated increase of about 16% in global GHG emissions in 2030 compared to 2010 for all the NDCs could lead to a global average temperature rise of...

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Policy Brief: Decoding Net-Zero Pledges to Meet Paris Agreement Goals, SDG 7

The High-level Dialogue on Energy and the international climate process are united in pursuit of net-zero emissions by 2050. Saudi Arabia has joined more than 130 countries that have set or are...

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Guest Article: Can National ETS Help China Meet Its Climate Policy Targets?

China has been strengthening its climate policies and targets over the recent years. In its current form, China’s National ETS is likely to deliver only marginal emissions cuts. Further revisions of...

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Secretary-General’s Report Presents Pathway to Reach SDGs

The report builds on the Secretary-General’s call to “predict and model the impact of policy decisions over time,” and complements the Secretary-General’s report on building back better from COVID-19...

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G7 Ministers Recommit to SDGs, Joint Action on Climate, Environment, Energy

The G7 development ministers recognize the “simultaneously occurring setbacks” caused by conflict, climate change, environmental degradation, biodiversity loss, poverty, food and energy insecurity, and...

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Policy Brief: Trade and Sustainability Discussions at WTO Approaching Next...

Following a ministerial statement in 2021, TESSD participants, established four informal working groups, which cover trade-related climate measures, environmental goods and services, circular economy –...

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Countries Adopt Net-zero 2050 Aspirational Goal for International Flights

The adoption of the goal follows similar commitments from industry groups. Countries also completed the first periodic review of the Carbon Offsetting and Reduction Scheme for International Aviation,...

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Guest Article: Accelerating Net-zero Pledges with Public-led Climate Financing

A June 2022 update from the UN Race to Zero spelled out what most people conversant with climate mitigation know well: net zero requires the “phase down and out of all unabated fossil fuels as part of...

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CEOs Ask for Policy Support to Enable Meaningful Progress Towards SDGs

The report finds that 83% of CEOs feel that current levels of geopolitical instability limit the world’s ability to achieve the SDGs. As many as 93% of CEOs are experiencing ten or more simultaneous...

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