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Showing posts from November, 2021

A Roadmap for the Global Energy Sector.

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  We are approaching a decisive moment for international efforts to tackle the climate crisis – a great challenge of our times. The number of countries that have pledged to reach net‐zero emissions by mid‐century or soon after continues to grow, but so do global greenhouse gas emissions. This gap between rhetoric and action needs to close if we are to have a fighting chance of reaching net zero by 2050 and limiting the rise in global temperatures to 1.5 °C. Doing so requires nothing short of a total transformation of the energy systems that underpin our economies. We are in a critical year at the start of a critical decade for these efforts. The 26th Conference of the Parties (COP26) of the United Nations Framework Convention on Climate Change in November is the focal point for strengthening global ambitions and action on climate by building on the foundations of the 2015 Paris Agreement. The International Energy Agency (IEA) has been working hard to support the UK government’s COP...

Global roadmap to secure clean energy access for all by 2030 and net zero emissions by 2050.

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  As pressure mounts for urgent climate action, UN Secretary-General António Guterres today issued a global roadmap to achieve a radical transformation of energy access and transition by 2030, while also contributing to net zero emissions by 2050. The roadmap sets an aggressive timeline to ensure that 500 million more people gain access to electricity in a mere four years’ time, by 2025, and 1 billion more people gain access to clean cooking solutions. This would require that annual investment in access to electricity and clean cooking increase to USD 35 billion and USD 25 billion, respectively. The required investment represents only a small fraction of the multi-trillion-dollar global energy investment needed overall, but would bring huge benefits to one-third of the world’s population. “We face a moment of truth,” the Secretary-General said. “Close to 760 million people still lack access to electricity. Some 2.6 billion people lack access to clean cooking solutions. And how we...