2022 IRENA Youth Forum: Global Youth Gather to Spur Action on Energy Transition
Young leaders from around the world issued a clear call for action at the 2022 IRENA Youth Forum. Held under the theme ‘Youth-led solutions...
Europe: electric car sales surpass diesel
In a milestone for the environment, Europeans purchased more electric cars than those powered by diesel last month. According to recent data, over 20...
Surging electricity demand is putting power systems under strain around the world
Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a...
Canada’s bold policies can underpin a successful energy transition
Canada has embarked on an ambitious transformation of its energy system, and clear policy signals will be important to expand energy sector investments in...
Iran to add 10GW to renewable energy capacity
Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding (MOU) on Sunday for cooperation in the construction of renewable...
Tajikistan’s Energy Sector to Benefit from World Bank Support
The World Bank’s Board of Executive Directors approved today additional grant financing of $65 million in support of the Second Phase of the Nurek...
Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals
The amount of electricity generated worldwide from coal is surging towards a new annual record in 2021, undermining efforts to reduce greenhouse gas emissions...
Turkey to Scale-up Renewable Geothermal Energy Generation
The World Bank’s Board of Directors has approved two loans worth $300 million for the Geothermal Development Project in Turkey, to support the development...
Poland’s Flagship Program Aimed at Improving Air Quality and Energy Efficiency
The World Bank will lend EUR 250 million to Poland to help the country improve its air quality and energy efficiency. This financing was...
Renewable electricity growth is accelerating faster than ever worldwide
The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over...