Annual clean energy investments in emerging and developing economies will need to more than triple from US$770bn in 2022 to as much as US$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 by the International Energy Agency (IEA) and International Finance Corporation (IFC)
Industry
Gabon needs effective alternatives to contain costs of fuel subsidies
Over the course of 2022, Gabons economy has benefited from high oil prices
UNOC launches Women in Energy and Extractives Network to promote gender equity
The promotion of gender equity and diversity in the energy and extractives industry is the ultimate goal of the newly established WEEN
OpenMod4Africa to address energy poverty
OpenMod4Africa, an ambitious EU project aimed at developing sustainable and reliable energy systems in Africa, is set to make a significant impact on the continents energy landscape
Global oil demand to hit record lows, finds IEA report
Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today