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Analysis: What Does Russia’s Invasion of Ukraine Mean for Energy and Climate Change?
With gas prices already at extremely high levels, the attack on Ukraine has prompted widespread debate over how to respond – and fears that climate action could be relegated to an afterthought by world leaders.
- Categories
- Energy, Environment
- Region
- Global
- Tags
- climate change
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Analysis: Ukraine Crisis Could Boost Ballooning Fossil Fuel Subsidies
Sky-high oil prices resulting from a potential Russian oil import ban could force governments to pour more cash into fossil fuel subsidies to shield consumers from rising energy bills, rather than use the money to fight climate change.
- Categories
- Energy, Environment
- Region
- Europe & Eurasia
- Tags
- climate change
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Ethiopia Switches on Controversial Dam
Ethiopia has generated its first electricity from the Grand Renaissance Dam in defiance of Egypt and Sudan who fear it will decrease their access to Nile water.
- Region
- Sub-Saharan Africa
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Understanding COVID-19’s Impact on PAYGo Solar: Data From a Pioneering Study Reveals Key Insights About the Sector’s Financial Sustainability
The COVID-19 pandemic has had an unprecedented impact on PAYGo solar, causing up to 23 million people and 600,000 enterprises to miss out on improved energy access. Drew Corbyn at GOGLA, Bill Gallery at IFC and Roan Borst at Triple Jump share the results of a first-of-its-kind study that measured the impact of the crisis on the sector’s financial performance, based on data collected from 13 PAYGo solar companies. They discuss what these findings mean for the industry as it works to emerge from the pandemic’s ongoing disruptions.
- Categories
- Coronavirus, Energy, Finance, Impact Assessment
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M-KOPA Raises $75 Million as It Clocks 2 Million Customers Across Four African Markets
A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked.
- Region
- Sub-Saharan Africa
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Shell Follows BP Out of Russia as Oil Companies Abandon Putin
The West is promising “massive” sanctions on Moscow in response to Russia’s invasion of Ukraine.
- Categories
- Energy
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US Funding USD $500 Million for Solar Panel Manufacturing in India
The Quad leaders have renewed their commitment to promote a free, open, rules-based order in the Indo-Pacific region, the White House said on Thursday, while emphasising that the US is funding USD 500 million to help American companies manufacture solar panels in India.
- Region
- Asia Pacific
- Tags
- renewable energy
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Analysis: Why Didn’t the U.S. Cut off Russia From SWIFT? It’s Complicated.
Removing access to the financial messaging service would be the most severe penalty but could have unwanted consequences, including compromising energy exports to Europe.
- Categories
- Energy, Finance, Telecommunications
- Region
- Europe & Eurasia