Financial and economic concerns are paramount for the international banking industry to continue supporting and investing in the global renewable energy supply system.

Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of supply, reduce dependency of imported fossil fuels and mitigate risks of fuel prices volatility as experienced in recent years.

The State of the Climate in Europe 2022, is the second edition of climate reports published annually by the World Meteorological Organization’s Regional Association for Europe (WMO-RA6) and the European Union's Earth observation programme, Copernicus.

Wide-ranging barriers are preventing renewable energy from contributing effectively to meeting the world’s climate and development goals, according to the Renewables in Energy Supply module, as part of the annual Renewables 2023 Global Status Report (GSR) collection.

The IPCC’s sixth assessment report (AR6) provides crucial information on how to tackle climate change, in particular identifying pathways that limit warming to 1.5°C with no or limited overshoot.

Ministry of Power has notified Guidelines for Tariff Based Competitive Bidding Process for Procurement of Firm and Dispatchable Power from Grid Connected Renewable Energy Power Projects with Energy Storage Systems. These guidelines were notified on 9th June, 2023.

The world is not on track to meet Sustainable Development Goal 7, designed to ensure access to affordable, reliable energy for all, this new report from the UN and partners revealed.

This paper aims to provide an overview of the opportunities to support Senegal in its transition to a decarbonised, renewable energy system, including a discussion of the challenges associated with this transition and the role that Germany can play in overcoming them.

The key areas examined by the report include the latest data and analysis on renewable power capacity additions in 2022 – globally and for major markets – as well as forecasts for 2023 and 2024.

About $2.8 trillion is set to be invested globally in energy in 2023, of which more than $1.7 trillion is expected to go to clean technologies, according to this new report by the International Energy Agency (IEA).

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