In Short : Multilateral climate funds such as the Green Climate Fund and Climate Investment Funds are vital in advancing clean energy. They provide concessional financing, technical support, and risk mitigation to help developing nations adopt renewables, improve energy efficiency, and reduce emissions. These funds catalyze private investment and support national energy transitions aligned with […]
Power and transport sectors are key areas for action in Lithuania’s pursuit of energy independence – EQ
In Short : Lithuania is prioritizing reforms in the power and transport sectors to strengthen its energy independence. By scaling up renewable energy, modernizing infrastructure, and accelerating electric mobility, the country aims to reduce reliance on energy imports. These efforts support both national security and climate goals, positioning Lithuania as a resilient and forward-looking player […]
Industrial facilities could save billions by implementing energy management – EQ
In Short : Industrial facilities could unlock billions in savings through effective energy management practices. By optimizing energy use, upgrading to efficient technologies, and monitoring consumption in real time, industries can significantly cut operational costs. These measures not only reduce expenses but also lower carbon emissions, supporting sustainability goals and enhancing competitiveness in an increasingly […]
Energy access improving, but international financial support still needed to boost progress and address disparities – EQ
In Short : Energy access is improving globally, yet international financial support remains essential to accelerate progress and close persistent disparities. While infrastructure and renewable projects are expanding, lower-income regions still lack reliable, affordable electricity. Multilateral aid, concessional financing, and public-private partnerships are crucial to scale solutions, ensure equitable access, and align with climate goals. […]
The evolving role of export credit agencies in global energy finance – EQ
In Short : Export credit agencies (ECAs) are playing a growing role in financing the global energy transition. With a shift from fossil fuels to renewables, agencies like UKEF and Euler Hermes are backing cleaner projects. International efforts such as the OECD coal ban and Net-Zero ECA Alliance highlight this transformation, aligning export finance with […]
New episode of Everything Energy podcast tracks where the money is going in the energy world – EQ
In Short : The newest episode of the *Everything Energy* podcast breaks down global energy investment trends from the IEA’s latest report. With a projected \$3.3 trillion in spending for 2025, key shifts include rising electricity investments and China’s leading role. Cecilia Tam of the IEA explains how energy security is reshaping where and how […]
As energy and AI links grow, new IEA observatory provides latest data and analysis – EQ
In Short : The IEA has launched a new Energy & AI Observatory to monitor the growing intersection of artificial intelligence and energy use. The platform offers data on rising electricity demand from AI, especially data centres, and explores how AI can enhance energy efficiency. It aims to guide policymakers in balancing innovation with sustainability […]
Ambassadors from countries across Africa meet in Paris to discuss key energy issues – EQ
In Short : Ambassadors from several African nations convened in Paris to deliberate on pressing energy challenges facing the continent. The discussions focused on expanding renewable energy access, financing infrastructure, and fostering international cooperation. With Africa’s growing demand for clean and reliable power, the meeting aimed to strengthen partnerships and accelerate sustainable development through inclusive […]
The Iberian blackout has highlighted the critical importance of electricity security – EQ
In Short : The recent blackout across the Iberian Peninsula has exposed vulnerabilities in electricity infrastructure, emphasizing the urgent need for resilient energy systems. As grids face increasing stress from climate impacts and rising demand, the incident serves as a wake-up call for policymakers to prioritize energy security, diversify sources, and enhance regional cooperation to […]
Nearly 50 governments endorse energy efficiency for boosting affordability, competitiveness and energy security – EQ
In Short : At the IEA’s 10th Global Energy Efficiency Conference in Brussels, nearly 50 governments pledged to prioritize energy efficiency to enhance affordability, competitiveness, and energy security. Reaffirming the COP28 goal to double efficiency gains by 2030, they committed to stronger policies, digital innovation, and inclusive approaches to accelerate progress across sectors while reducing […]