Energy in Demand News, October 27, 2024

The annual UNEP Emissions Gap Report (EGR), published this week ahead of the UN Climate Change Conference (COP), highlights that without accelerated global action, the world is on track for temperature increases between 2.6°C and 3.1°C by the end of the century. Even the best-case scenario of 2.6°C will bring severe consequences for people, the planet, and economies. “Either leaders bridge the emissions gap or we plunge headlong into climate disaster,” UN Secretary-General Antonio Guterres said in a video message for the launch of the report. See his full video here. The message from the EGR is indeed scary. Will it lead to action? Not obvious. Even COP29 host, Azerbaijan, is planning for major fossil fuel expansion, as reported in the Guardian.

Worryingly, as reported in Le Monde, temperatures in mainland France are on track to increase by 4°C by 2100 due to global warming, the government warned on Friday, October 25, urging coping strategies for a much hotter country. The report stated that France is warming up faster than the rest of the world.

The Financial Times Moral Money newsletter (behind a paywall) reports that the World Bank is under pressure to provide loans for nuclear energy. “The World Bank’s last loan for a nuclear power project was made in 1959. The Bank’s latest energy strategy explicitly excludes financing the energy source, citing a lack of expertise on nuclear safety, and opposition from powerful shareholders — notably Germany…” The issue has become a new factor in policy discussions. But with more demand from emerging markets such as Indonesia and the Philippines, “pressure is building for a change in stance.” The newsletter goes on: “Not only does the World Bank ban nuclear energy finance, it also explicitly declines to advise client countries on their nuclear strategy.” It will be interesting to see how this evolves.

In the context of COP29 in Azerbaijan in November, there is a global call to the UNFCCC to include cultural heritage, the arts and creative sectors in climate policy. In a TEDx talk,  researcher Judy Twedt discusses connecting to climate change through music.

The eceee Annual Policy Seminar will be held in Brussels, November 7th. After several years of absence, eceee is now re-launching its series of annual Brussels in-person policy seminar. The seminar is held as part of the EU-funded Energy Efficiency Watch 5 project, to gather input for the EEW5 report on creating supporting narratives for strong energy efficiency policies. It will be a special event because it will use AI-based support to synthesise evidence-based knowledge from Summer Studies. The IEA will be launching its 2024 issue of its Energy Efficiency Market Report. And much more. You can register here.

In planning travel over the upcoming weeks, here is some useful ideas to help you along:

With only a few weeks to go until COP29, Naomi Klein (b. 1970), the Canadian author, social activist, and filmmaker known for her political analyses; support of ecofeminism, organised labour, criticism of corporate globalisation, fascism and capitalism, gives us her views on climate change: “Change or be changed, right? And what we mean by that is that climate change, if we don’t change course, if we don’t change our political and economic system, is going to change everything about our physical world.”

EiD welcomes your views about this week’s selection of posts on the zero-carbon energy transition:

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