Fossil fuel production must wind down significantly to achieve the Paris Agreement’s long-term temperature goals. The climate community, however, has given little attention to how countries have addressed fossil fuel production in national communications to the UN Framework Convention on Climate Change (UNFCCC).

The G20 has emphasised the need to ensure an energy transition that is just, inclusive, and sustainable. The grouping adopted an energy transition strategy, the 'Decade of Actions: Bali Energy Transition Roadmap', during the Indonesian presidency in 2022.

COP28 in the UAE needs to send a clear signal towards ambitious climate action. It requires a phase-out of oil and gas production, new global targets on renewables and fewer distractions from topics like CCS or co-firing old combustion technology with synthetic fuels from renewable sources.

This is the first edition of the Economic Update for Equatorial Guinea. This report presents recent economic developments in Equatorial Guinea as well as the medium-term economic outlook and risks (Chapter 1), followed by a detailed exploration of a specific topic (Chapter 2).

This paper takes a closer look at the potentially huge economic and fiscal transition costs of global decarbonization in fossil fuel export-dependent economies. The paper identifies 40 heavily fossil fuel dependent economies.

The ongoing global energy crisis has highlighted countries’ vulnerabilities to energy shocks due to an overdependence on fossil fuels. Clean energy sources are an ideal option for states looking to hedge against the risks associated with fossil fuels.

In its latest report, IEEFA has found that globally significant financial institutions (FIs) are committing to divesting away from coal at a quicker rate as climate change becomes a priority globally.

The Gabon Economic Update is an annual World Bank publication that presents an overview of the evolving macroeconomic position in Gabon, followed by a detailed exploration of a specific topic in each edition. The first chapter analyzes recent economic developments, as well as the macroeconomic outlook and risks for Gabon’s future growth.

In this paper, examine the impact of an economy-wide deep electrification strategy on the final energy requirement for India. Multiple scenarios accounting for varying levels of direct and indirect electrification have been considered.

Fossil fuel combustion is a major contributor to urban air pollution, which in turn can lead to negative health outcomes. While the relationship between fuel prices and consumption has been extensively documented, the knock-on impact on air quality is less studied.

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