© Jacques Descloitres, MODIS Rapid Response Team, NASA/GSFC
The African continent and its population suffer from severe energy poverty. The International Energy Agency estimates that the total grid-based power generation capacity in 2012 was only about 158 gigawatt (GW), which is less than total installed capacity in Germany alone. Consequently, the majority of the African population – approximately 622 million out of 922 million people living on the continent – still lacks access to modern energy services. Although the African continent has abundant renewable energy (RE) resources, the potential for the generation of renewable electricity has not been realized yet. Hence, besides the traditional use of solid biomass, the African electricity mix is still dominated by fossil fuels, such as oil, coal, and gas, as well as large hydro power plants. ...
The climate vulnerable forum (CVF), now uniting 49 of the world’s countries most vulnerable to climate change, has again taken centre-stage in the fight against global warming and for an equitable international climate regime. At the recent IMF and World Bank spring meeting in Washington, the finance ministers of the group, the Vulnerable 20 (V20), met with representatives of its “big brother”, the G20, to discuss issues related to climate finance, effective mitigation policies, support for adaptation and resilience and above all: enhanced cooperation.
It was only last year when the group of the 20 leading economies (G20) evoked hopes that it would eventually bring forward serious climate policy and climate finance. The Chinese G20 presidency had put its weight behind important agenda items in this direction and the German government promised that climate will become a priority topic under this year's German G20 presidency. However, since US president Trump took office, mood depressed. Germanwatch works with vehemence at multiple levels to ensure that the blockade strategy of the new republican US government proves to be unsuccessful.
To reach the Paris Agreement climate goal, and stay under 2°C warming, emissions will need to peak in the coming years and be reduced to zero by 2050. China, India and the US play a key role in achieving this target as they emit over 50% of the global CO2 emissions and are by far the largest markets for renewable energies. Published today, the Allianz Climate & Energy Monitor Deep Dive aims to inform investors and policy-makers on the scale of investments needed in China, India and the US to be in line with the Paris goals; and what recent developments, especially regarding the leadership change in the US, mean for investing in renewable power in the future.
To reach the Paris Agreement climate goal, and stay under 2°C warming, emissions will need to peak in the coming years and be reduced to zero by 2050. China, India and the US play a key role in achieving this target as they emit over 50% of the global CO2 emissions and are by far the largest markets for renewable energies.
The Allianz Climate & Energy Monitor Deep Dive aims to inform investors and policy-makers on the scale of investments needed in China, India and the US to be in line with the Paris goals; and what recent developments, especially regarding the leadership change in the US, mean for investing in renewable power in the future.
Phase-out and reallocation of fossil fuel subsidies (FFS) is a low-hanging fruit for financing and implementing the UN Sustainable Development Goals (SDGs). FFS reform has been included in the SDG architecture as a means of implementation for SDG 12 on sustainable consumption and production, but its linkages with other Goals should be taken into account to catalyze action on multiple issue areas.
South Africa is the only African country in the G20. It is challenged by a slowing, energy intensive economy, an enormous stock of ageing infrastructure in coal and very high inequality. For dealing with these challenges, South Africa needs to change its development strategy. Political momentum within the G20 could help to break the fossil fuel inertia.
Due to heavy rainfall the risks in Huaraz increase, but no considerable damage has happened yet. Hundreds of thousands of people in Peru are hit by floods and landslides which are the result of unusually strong rainfall. Poorer populations in particular are confronted with the consequences of those rainfalls. Many people lost their homes and are now facing an unsecure future.
Weather extremes are about to become the new norm: For the third time in a row, 2016 was the warmest year since the beginning of the weather records. In Asia, unprecedented heat in spring burst temperature records in India, Thailand, Laos and Cambodia. A drought in Africa, caused by one of the strongest ever experienced El Nino events, triggered a food crisis with more than 36 million people affected. In Haiti, the devastating impacts of hurricane Matthew left 1.4 million people dependent on humanitarian aid. Repeatedly, developing countries are the most affected. The long-term analysis of Germanwatch’s Climate Risk Index, covering the past 20 years, finds that the ten most impacted countries are exclusively developing countries.
In the latest publication of the project Middle East North Africa Sustainable ELECtricity Trajectories (MENA-SELECT), the authors Boris Schinke and Jens Klawitter (Germanwatch) together with Maurice Döring (BICC), Nadejda Komendantova (IIASA), Jenan Irshaid (IIASA) and Joanne Bayer (IIASA) develop criteria and indicators for conducting a sustainability assessment of different electricity generation technologies.