A fundamental transformation is required in the way we produce, deliver and consume energy. The current energy system is highly dependent on fossil fuels, whose combustion accounted for 84 per cent of global greenhouse gas emissions in 2009. Global demand for energy is rapidly increasing, because of population and economic growth, especially in large emerging market economies, which will account for 90 per cent of energy demand growth to 2035. At the same time, 1.3 billion people worldwide still lack access to electricity.
The OECD and IEA have released the joint report Green Growth Studies: Energy, which highlights the challenges facing energy producers and users, and how they can be addressed using green growth policies.
India is expected to grow at such a rapid rate over the next two decades that it could build approximately 80 per cent of the physical assets—including infrastructure, commercial and residential real estate, vehicle stock, and industrial capacity—that will constitute the India of 2030.
The 12th Five-Year Plan (FYP) adopted by the Chinese government in March 2011 devotes considerable attention to energy and climate change and establishes a new set of targets and policies for 2011-2015. While some of the targets are largely in line with the status quo, other aspects of the plan
Cities are home to more than half the global population and are responsible for 60 to 80 per cent of energy use and more than 75 per cent of carbon emissions. This report examines how cities can better access climate finance through the Clean Development Mechanism (CDM).
Developing countries around the world are projected to account for around 87 per cent of the world’s primary energy demand growth by 2030. Much of this growth in energy demand will occur in Asia which is witnessing rising population, high economic growth and rapid urbanization.