Welcome to the Caspian Daily, where you will find the 10 most important things you need to know on Caspian Sea Region. We appreciate ideas, reports, news and interesting articles. Send along to Caspian[at]moderndiplomacy.eu or on Twitter: @DGiannakopoulos
1“I’m fascinated by the Schumer thing, because I know something about his past involvement with Iran policy that may well have played a role in his decision to oppose The Deal. Senator Schumer had a direct, personal involvement in a brief secret correspondence between the Obama Administration and the leaders of the massive insurrection against the Iranian regime in 2009, following the fraud concerning the outcome of the June elections in Iran. Former Prime Minister Mir Hossein Mousavi got the most votes, while then-current President Mahmoud Ahmadinejad was proclaimed the winner. The streets of all major cities filled with protestors, bigger than the monster crowds that had massed against the shah in 1979. Michael Ledeen for Forbes.
2Does Congress want a war with Iran? US presidential hopeful Bernie Sanders has warned about the consequences of not completing a nuclear agreement with Iran ahead of Congress vote on the accord next month. “The alternative of not reaching an agreement, you know what it is?” he said in an interview with CBS on Sunday. “It’s war. Do we really want another war, a war with Iran? An asymmetrical warfare that will take place all over this world, threaten American troops? Look, I’m not going to tell you that this is a perfect agreement, It’s so easy to be critical of an agreement which is not perfect,” he said. “And every agreement can be better.”
3Asian and European lenders unveiled a $1 billion finance package Friday to help fund an Azeri natural gas field meant to diversify the European energy sector.The Asian Development Bank and the European Bank for Reconstruction and Development, with support from the Black Sea Trade and Development Bank, announced funding support for the second stage of the Shah Deniz natural gas field off the coast of Azerbaijan.The ADB said the project is “crucial” for energy security in the European economy.
4Oil production at Goturdepeneft oil and gas production department in Turkmenistan has exceeded 1.7 million metric tons as of H1 2015, or half of the crude production by Turkmenoil state concern. Turkmenoil state concern has expanded the scope of exploration and drilling work, increased the oil and gas production. Moreover, 42 wells, including 34 exploratory and eight production wells have been put into operation in H1 2015.
5Turkish President Recep Tayyip Erdogan met Turkmenistan’s President Gurbangulu Berdimuhamedov along with his delegation at the Tarabya Palace in Istanbul. Both leaders expressed a desire to boost economic ties between the two countries.Bilateral cooperation in energy and cultural sectors was also discussed during the meeting. Erdogan thanked Turkmenistan for its confidence in Turkish companies operating in Turkmenistan.
6Reassuring and alarming.“If you ask Western policy makers about the main security threats facing Europe, they come up with two: Jihadists from the so-called Islamic State and President Vladimir Putin’s Russia. The threat from jihadists is clear. But why Russia? Bridget Kendall for BBC.
7What Europe gets wrong about Russia. In a new analysis, European Council on Foreign Relations senior policy fellow Kadri Liik explores European sanctions against Russia and how European leaders should use them.She observes that Europe doesn’t seem to know what it wants the “structural sanctions” to achieve and thus don’t have any time frame as to exactly when to end said sanctions.“Do we expect a regime change in Moscow? Or do we want Russia to start behaving ‘as a normal European country’ i.e. one that tries to base its influence on attraction rather than coercion?” Liik asks.
8KazTransOil sees 2 times increase in profits. The net consolidated profit of KazTransOil group of companies of Kazakhstan for the first half of 2015 totaled 39.428 billion Kazakh tenge (187.65 tenge = $1), or 49.2 percent higher than in the same period of 2014. The consolidated revenue of KazTransOil for the first half of 2015 amounted to 106.646 billion tenge, or 6.2 percent higher than in the first half of 2014.
9The 11th Annual General Meeting (AGM) of the World Diamond Council (WDC) will take place in Moscow, Russia from October 12 to 14, 2015, Rough & Polished reports. The WDC AGM is open to paid WDC members and invited guests only. The meeting will be hosted by WDC and mining giant Alrosa, and will consider a number of topics relating to the Kimberley Process (KP), and the engagement of the WDC and the industry with the KP.
10Azerbaijani films have been included into the program of the 11th Kazan International Muslim Film Festival, due to be held in Kazan on September 5 – 11, 2015. Some 50 films from 25 countries will be screened at the Festival. Kazan International Muslim Film Festival has been held in the capital city of Tatarstan since 2005. The first festival was initiated by the Council of Muftis of Russia, Federal agency for culture and cinematography of Russia, the Ministry of Culture of the Republic of Tatarstan with the support of the President of the Republic of Tatarstan.
World Adds Record New Renewable Energy Capacity in 2020
Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the International Renewable Energy Agency (IRENA) the world added more than 260 gigawatts (GW) of renewable energy capacity last year, exceeding expansion in 2019 by close to 50 per cent.
IRENA’s annual Renewable Capacity Statistics 2021 shows that renewable energy’s share of all new generating capacity rose considerably for the second year in a row. More than 80 per cent of all new electricity capacity added last year was renewable, with solar and wind accounting for 91 per cent of new renewables.
Renewables’ rising share of the total is partly attributable to net decommissioning of fossil fuel power generation in Europe, North America and for the first time across Eurasia (Armenia, Azerbaijan, Georgia, Russian Federation and Turkey). Total fossil fuel additions fell to 60 GW in 2020 from 64 GW the previous year highlighting a continued downward trend of fossil fuel expansion.
“These numbers tell a remarkable story of resilience and hope. Despite the challenges and the uncertainty of 2020, renewable energy emerged as a source of undeniable optimism for a better, more equitable, resilient, clean and just future,” said IRENA Director-General Francesco La Camera. “The great reset offered a moment of reflection and chance to align our trajectory with the path to inclusive prosperity, and there are signs we are grasping it.
“Despite the difficult period, as we predicted, 2020 marks the start of the decade of renewables,” continued Mr. La Camera. “Costs are falling, clean tech markets are growing and never before have the benefits of the energy transition been so clear. This trend is unstoppable, but as the review of our World Energy Transitions Outlook highlights, there is a huge amount to be done. Our 1.5 degree outlook shows significant planned energy investments must be redirected to support the transition if we are to achieve 2050 goals. In this critical decade of action, the international community must look to this trend as a source of inspiration to go further,” he concluded.
The 10.3 per cent rise in installed capacity represents expansion that beats long-term trends of more modest growth year on year. At the end of 2020, global renewable generation capacity amounted to 2 799 GW with hydropower still accounting for the largest share (1 211 GW) although solar and wind are catching up fast. The two variable sources of renewables dominated capacity expansion in 2020 with 127 GW and 111 GW of new installations for solar and wind respectively.
China and the United States of America were the two outstanding growth markets from 2020. China, already the world’s largest market for renewables added 136 GW last year with the bulk coming from 72 GW of wind and 49 GW of solar. The United States of America installed 29 GW of renewables last year, nearly 80 per cent more than in 2019, including 15 GW of solar and around 14 GW of wind. Africa continued to expand steadily with an increase of 2.6 GW, slightly more than in 2019, while Oceania remained the fastest growing region (+18.4%), although its share of global capacity is small and almost all expansion occurred in Australia.
Highlights by technology:
Hydropower: Growth in hydro recovered in 2020, with the commissioning of several large projects delayed in 2019. China added 12 GW of capacity, followed by Turkey with 2.5 GW.
Wind energy: Wind expansion almost doubled in 2020 compared to 2019 (111 GW compared to 58 GW last year). China added 72 GW of new capacity, followed by the United States of America (14 GW). Ten other countries increased wind capacity by more than 1 GW in 2020. Offshore wind increased to reach around 5% of total wind capacity in 2020.
Solar energy: Total solar capacity has now reached about the same level as wind capacity thanks largely to expansion in Asia (78 GW) in 2020. Major capacity increases in China (49 GW) and Viet Nam (11 GW). Japan also added over 5 GW and India and Republic of Korea both expanded solar capacity by more than 4 GW. The United States of America added 15 GW.
Bioenergy: Net capacity expansion fell by half in 2020 (2.5 GW compared to 6.4 GW in 2019). Bioenergy capacity in China expanded by over 2 GW. Europe the only other region with significant expansion in 2020, adding 1.2 GW of bioenergy capacity, a similar to 2019.
Geothermal energy: Very little capacity added in 2020. Turkey increased capacity by 99 MW and small expansions occurred in New Zealand, the United States of America and Italy.
Off-grid electricity: Off-grid capacity grew by 365 MW in 2020 (2%) to reach 10.6 GW. Solar expanded by 250 MW to reach 4.3 GW and hydro remained almost unchanged at about 1.8 GW.
New project to help 30 developing countries tackle marine litter scourge
A UN-backed initiative aims to turn the tide on marine litter, in line with the global development goal on conserving and sustainably using the oceans, seas and marine resources.
The GloLitter Partnerships Project will support 30 developing countries in preventing and reducing marine litter from the maritime transport and fisheries sectors, which includes plastic litter such as lost or discarded fishing gear.
Protecting oceans and livelihoods
“Plastic litter has a devastating impact on marine life and human health”, said Manuel Barange, FAO’s Director of Fisheries and Aquaculture. “This initiative is an important step in tackling the issue and will help protect the ocean ecosystem as well as the livelihoods of those who depend on it.”
Protecting the marine environment is the objective of Sustainable Development Goal 14, part of the 2030 Agenda to create a more just and equitable future for all people and the planet.
The GloLitter project will help countries apply best practices for the prevention and reduction of marine plastic litter, in an effort to safeguard the world’s coastal and marine resources.
Actions will include encouraging fishing gear to be marked so that it can be traced if lost or discarded at sea. Another focus will be on the availability and adequacy of port reception facilities and their connection to national waste management systems.
“Marine litter is a scourge on the oceans and on the planet”, said Jose Matheickal, Head of the IMO’s Department for Partnerships and Projects. “I am delighted that we have more than 30 countries committed to this initiative and working with IMO and FAO to address this issue.”
Five regions represented
The nations taking part in the GloLitter project are in Asia, Africa, the Caribbean, Latin America and the Pacific.
They will also receive technical assistance and training, as well as guidance documents and other tools to help enforce existing regulations.
The project will promote compliance with relevant international instruments, including the Voluntary Guidelines for the Marking of Fishing Gear, and the International Convention for the Prevention of Pollution from Ships (MARPOL), which contains regulations against discharging plastics into the sea.
Climate Finance: Climate Actions at Center of Development and Recovery
The Asian Development Bank (ADB) called access to climate finance a key priority for Asia and the Pacific as governments design and implement a green and resilient recovery from the coronavirus disease (COVID-19) pandemic.
Speaking at the United Kingdom Climate and Development Ministerial—one of the premier events leading up to the United Nations Climate Change Conference (COP 26) in November—ADB President Masatsugu Asakawa said expanding access to finance is critical if developing economies in Asia and the Pacific are to meet their Paris Agreement goals to reduce greenhouse gas emissions and help adapt to the adverse impacts of climate change.
“We can no longer take a business-as-usual approach to climate change. We need to put ambitious climate actions at the center of development,” Mr. Asakawa said. “ADB is committed to supporting its developing member countries through finance, knowledge, and collaboration with other development partners, as they scale up climate actions and push for an ambitious outcome at COP 26 and beyond.”
ADB is using a three-pronged strategy to expand access to finance for its developing members as they step up their response to the impacts of climate change.
First, ADB has an ambitious corporate target to ensure 75% of the total number of its committed operations support climate change mitigation and adaptation by the end of the decade, with climate finance from ADB’s own resources to reach $80 billion cumulatively between 2019 and 2030. ADB has also adopted explicit climate targets under its Asian Development Fund (ADF), which provides grant financing to its poorest members. ADF 13, which covers the period of 2021–2024, will support climate mitigation and adaption in 35% of its operations by volume and 65% of its total number of projects by 2024.
Second, ADB is enhancing support for adaptation and resilience that goes beyond climate proofing physical infrastructure to promote strong integration of ecological, social, institutional, and financial aspects of resilience into ADB’s investments.
Third, ADB is increasing its focus on supporting the poorest and most vulnerable communities in its developing member countries by working with the United Kingdom, the Nordic Development Fund, and the Green Climate Fund on a community resilience program to scale up the quantity and quality of climate adaptation finance in support of local climate adaptation actions.
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