Renewable Energy
UAE Names Oil Chief as COP28 President: What to Expect
COP28 promises to be a historic conference where leaders can ensure that either the 1.5°C target will live to fight another day or become entirely out of reach. The dilemma will be decided at a conference chaired by an oil boss held in one of the leading oil-exporting countries. And while many analysts are sceptical, the UAE is uniquely positioned to use its influence to aid the energy transition.
What Are Just Energy Transition Partnerships?
Just Energy Transition Partnerships (JETPs) are a green financing mechanism that balance the transition to renewables and equitable change for local communities. While JETPs are a relatively new financing mechanism, they show the potential to make a significant impact in the next several decades. Uplifting local communities as part of the global energy transition will make lasting positive impacts.
The Future of Renewable Energy Looks Brighter than Ever
IEA's Renewables 2022 report revealed that the world is planning for massive clean energy capacity expansion. The findings are even more ambitious than the agency's last year report.
Is Biofuel Renewable? The Ongoing Debate
Biofuels are made from organic matter, which is either directly farmed for biofuel production or collected from biomass waste. This makes biofuels renewable. Additionally, plant growth and combustion are carbon neutral. However, biofuel production requires many outside inputs that release carbon dioxide and impact the environment. Will biofuels play an important role in the world's energy transition?
The Economic Benefits of Renewable Energy For Asian Countries
At a time of soaring inflation, exorbitant fossil fuel prices, unreliable power supplies and a never-ending energy crisis, Asian countries should start considering the economic benefits of renewable energy.
Gas Deals at COP27 Egypt: All You Need To Know
There is a feeling that COP27 did more for fossil fuels than clean energy. However, convinced of the benefits of the latter, some Asian countries are actively progressing towards a more sustainable, cost-efficient and resilient energy system.
COP27: Broken USD 100 Billion Promise of Climate Finance but New Hope For Loss and Damage
At a time when the world should be moving rapidly towards climate change solutions, action is slow. And as promising as the new climate finance proposal agreed upon at COP27 might look, it alone won't be enough to adequately protect the most vulnerable.
Global EV Sales 2022: Stunning Boom and a Bright Future
While Southeast Asian countries are lagging behind EV leaders, through the right policy measures, incentives they can decarbonise their public and private transportation fleets.
South Africa’s ‘Just Energy Transition Partnership’: Lessons For Asian Countries
The South African JETP marks a groundbreaking moment for global energy financing. It has set the stage for a new climate-progress model that can unite developed and developing countries, as well as public and private financiers, on the path towards a just energy transition.
Renewable Energy Progress of Microsoft, Google and Apple
The tech sector should be at the forefront of the battle against climate change. Yet, only a handful of companies are doing enough. Currently, all except Apple are neglecting their supply chain emissions.
COP27 Finance Day: Expectations and Outcomes
COP27's Finance Day didn't exactly provide many reasons for excitement. It ended with more promises than actual progress, showing a lack of solidarity with vulnerable nations, especially from the world's biggest polluters.
Using Transition Bonds For Ammonia and Blue Hydrogen Projects: The Risks For Investors and the Issuing Companies
Using transition bonds to fund blue hydrogen and ammonia projects risks extending the climate crisis. But, more importantly, it tarnishes the idea of climate financing at a time when it is needed the most.
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