Update of IEA’s landmark Net Zero Roadmap shows greater ambition and implementation, supported by stronger international cooperation, will be critical to reach climate goals. Driving greenhouse gas emissions from the world’s energy sector to net zero and limiting global warming to 1.5 °C remains possible due to the record growth of key clean energy technologies, [...]
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, says new IEA report. But production levels can still increase substantially by 2030 if all announced projects are realised and greater efforts are made on encouraging uptake. The number of announced projects [...]
Governments around the world should commit to tripling global renewable capacity by 2030 ahead of COP28 Scenes from a world baking in record heat in recent weeks present a grim reminder that limiting the rise in global temperatures to 1.5°C is crucial to avert the worst effects of climate change. Meeting this target demands strong [...]
New report on the geopolitics of critical materials sees significant concentration in supply chains and calls for collaborative strategies to sustain the energy transition Abu Dhabi, United Arab Emirates, 12 July 2023 – The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a range [...]
Dieter Janecek, Federal Government Coordinator for the Maritime Industry and for Tourism, welcomes the agreement which was reached at the International Maritime Organization (IMO) on the 7th of July 2023. He said: "Today is an important day for the mitigation of climate change: IMO has adopted more stringent climate targets to foster the decarbonisation of [...]
Annual clean energy investments in emerging and developing economies will need to more than triple from USD 770 billion in 2022 to as much as USD 2.8 trillion by the early 2030s to meet rising energy needs and align with the climate goals set out in the Paris Agreement, according to a new report released [...]
IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW by 2030 to keep 1.5°C climate target within reach. Abu Dhabi, United Arab Emirate, 22 June 2023 – In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) identifies the way [...]
On June 16, the member states of the European Union approved a comprehensive redesign of the EU Renewable Energy Directive (RED) in the Committee of Permanent Representatives. The European target for renewable energies will thus be significantly increased from 32% to 45% in 2030. This means a doubling of the share of renewable energies compared [...]
The urgent need for immediate action to address climate change is emphasized once again by the latest climate report from the Intergovernmental Panel on Climate Change (IPCC). To limit global temperature rise to 1.5°C, the international community must take immediate and bold steps. Offshore renewables, including offshore wind and ocean energy, hold significant potential in [...]
Agreement on Denmark's Marine Plan strengthens nature protection of the sea, the development of renewable energy and more sustainable development of fisheries. In a time marked by increased global tensions, the need for a green transition, protection of nature and development of the fishing industry, the government, together with all the parties in the Parliament, [...]
Antarctic sea ice has likely reached its minimum extent for the year, at 1.79 million square kilometers (691,000 square miles) on February 21, 2023, according to scientists at the National Snow and Ice Data Center (NSIDC) at the University of Colorado Boulder. The 2023 minimum is the lowest in the 45-year satellite record. This year’s [...]