IEA analyses have consistently highlighted that low-carbon energy technologies have a crucial role to play in addressing current global challenges on energy security, sustainability and access.
This paper analyses the effects of government policies on flows of private finance for investment in renewable energy (inducement effect). It also examines whether direct provision of public finance for a project increases the volume of private finance raised (“crowding in” effect).
Concentrating solar plants (CSP) generate solar thermal electricity (STE) while producing no greenhouse gas emissions, so it could be a key technology for mitigating climate change. In addition, the flexibility of CSP plants enhances energy security.
Solar energy is widely available throughout the world and can contribute to reduced dependence on energy imports. As it entails no fuel price risk or constraints, it also improves security of supply.
The Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) has released a report, titled ‘Time to Act – To reduce short-lived climate pollutants (SLCPs).' The report details the causes and sources of SLCPs, and outlines the potential benefits of control measures.
Key World Energy Statistics from the IEA contains timely, clearly-presented data on the supply, transformation and consumption of all major energy sources.
The People’s Republic of China is experiencing sustained high economic growth, and with it some environmental challenges. Its 12th Five Year Plan (2011-2015) lays out plans to “gradually develop a carbon trading market”.
This paper presents a framework to include feedbacks from climate impacts on the economy in integrated assessment models. The proposed framework uses a production function approach, which links climate impacts to key variables and parameters used in the specification of economic activity.
