Investment in clean energy must accelerate massively and quickly, particularly in emerging markets, warns a report from the International Energy Agency.
Policymakers are increasingly adding elaborate caveats to energy transition pledges in an effort to look ambitious on climate action, while refusing to fully engage with the implications of net-zero emissions for natural gas, writes energy analyst Jonathan Gaventa.
A debt-for-climate swap plan is expected from the International Monetary Fund and the World Bank ahead of COP26. If fit for purpose, it could be highly effective in addressing spiralling low and middle-income country debt and the climate crisis.
All the indicators are clear: investing in green growth offers a better rate of return than the conventional equivalent in both the short and long term.
The UK, Norway, the US and Canada like to present themselves as climate leaders, but their strategies around oil and gas tell a different story.
Data reveals the cost of financing coal projects globally is rocketing, while it is getting cheaper to finance renewables. The price of oil and gas projects, however, remains stable.
The EU Taxonomy for green investment has attracted little attention beyond lobby group meeting rooms and sections of the financial community, but its real economy implications will, over time, be profound.
Under a new plan announced at Joe Biden's climate summit, the US will double its spending on international climate finance to $5.7bn by 2024.
Research suggests little conflict between stemming biodiversity loss and a massive buildout of renewables, but opinions differ widely over the use of forests, and over-simplistic decisions about the role of wood in the energy transition must be avoided.