Ten years after committing to rationalise and phase out inefficient fossil fuel subsidies, G20 countries still subsidise coal, oil and gas to the tune of around USD 150 billion annually. The process to try to move the G20 forward on this issue has been via peer review of fossil fuel subsidies, but these reviews need to be followed by action. Subsidy reforms could free up resources that could be channeled back into government programmes, which would be necessary to mitigate the impacts of rising energy prices on vulnerable populations and to help smooth reforms, and could also be spent on accelerating a clean energy transition.
The 2015 Paris Agreement has focused global attention on the need for countries to address climate change risks. But not all countries are equal, in terms of either their ambition or ability to achieve economies which are low-carbon and aligned with greenhouse gas emission trajectories which scientists say are necessary to limit warming to 2ºC. The associated transition in national energy systems and broader economies to a low-carbon world will present risks, but also opportunities.
The Humanitarian Energy Conference (HEC) is a new global event that convenes the broad community of actors and initiatives worldwide working to improve and expand energy access for displaced and crisis-affected people.
International cooperation in support of a global energy transition is on the rise. Initiatives and fora for multilateral cooperation are complemented by growing bilateral engagement to foster international lesson-drawing and exchange. Despite these promising developments, investment towards achieving SDG7 on clean and affordable energy is insufficient. This IASS Policy Brief discusses how international cooperation can support a global energy transition.
For researchers looking into global security dynamics, it is becoming increasingly difficult to overlook climate change as a threat multiplier in conflict situations. While climate change may not directly cause conflict, it may be inextricably woven into pre-existing conflicts of power, ethnicity, and economic interest. Understading the role of climate-related impacts on security is therefore crucial for global peace.