India and Australia are expected to lead a regional shift in power generation costs over the next few years, which will see renewable energy sources become cost competitive and cheaper than fossil fuels in the next few years, according to new figures published over the weekend by Wood Mackenzie Power & Renewables.
It’s a sign of the times that even the International Monetary Fund (IMF) is exploring ways in which it can help address the climate crisis. Building on two new IMF papers released last week and Managing Director Christine Lagarde’s eight years of leadership, this mainstay of traditional economic thought is lending its voice and unique mandate to the cause of tackling climate change.
Originally published on WRI’s Resource Watch platform, a platform which features hundreds of data sets all in one place on the state of the planet’s resources and citizens.
It’s easy to lose sight of good news amid the barrage of negative stories about the threats facing the ocean—everything from growing plastic pollution to dying coral reefs. However, there is a lot to celebrate when you look more closely at ocean-related developments.
Indonesia’s recent socioeconomic performance has been impressive. Over the past two decades, the country has cut extreme poverty in half and doubled per capita income.
At the same time as China is leading the world in exporting green environmental goods and services and building up the globe’s largest renewable energy industry, the country is also simultaneously funding over a quarter of the coal plants currently under development outside of the country.
Unmanned aerial vehicles (UAV), or drones as they more commonly called, are booming. Ideas, concepts, and pilot tests are popping. As an example, JD.com is China’s largest retailer and it’s going all-out on automated delivery from online shops in Indonesia.
Politicians around Australia are proposing ambitious plans to export renewable energy from Australia, using high-voltage power lines laid under the oceans.
A new report published this week has determined that 82% of the G20’s energy supply is still sourced from fossil fuels and none of the countries’ climate pledges are on a 1.5˚C-compatible pathway, contributing to a current trend which will see global warming of 3.2˚C unless G20 nations halve their emissions by 2030.
There are only 16 countries that have currently set domestic targets for reducing their greenhouse gas emissions that are ambitious enough to be considered in line with their pledged contributions to the Paris Agreement, according to new research published this week.
