BEVs reach 21% market share! EVs are picking up in Europe, with some 346,000 plugin vehicles being registered in Europe in October, 229,000 of them being BEVs.
* Financing for low-carbon energy in developing countries along with US climate legislation complete Dasgupta's list. Last year was momentous for U.S. climate legislation, with the country enacting the CHIPS and Science Act, the Bipartisan Infrastructure Law and the Inflation Reduction Act. Together, these policies will provide $79 billion annually in low-carbon, climate-friendly investments, with a promise through the Justice40 Initiative to direct at least 40% of climate investment benefits to historically underserved communities. The World Economic Forum's Climate Initiative supports the scaling and acceleration of global climate action through public and private-sector collaboration. This includes the Alliance of CEO Climate Leaders, a global network of business leaders from various industries developing cost-effective solutions to transitioning to a low-carbon, climate-resilient economy.
* The top four risks to the world in the next 10 years are all climate-related, according to the World Economic Forum’s Global Risks Report 2023. Indeed, the top four risks to the world in the next 10 years are all deemed to be climate-related, according to the World Economic Forum’s Global Risks Report 2023. To future-proof the global energy system, the Forum’s Centre for Energy & Materials is working on initiatives including Clean Power and Electrification, Energy and Industry Transition Intelligence, Industrial Ecosystems Transformation, and Transition Enablers to encourage and enable innovative energy investments, technologies and solutions. The World Economic Forum’s Centre for Nature and Climate is a multistakeholder platform that seeks to safeguard our global commons and drive systems transformation.
Create a free IEA account to download our reports or subcribe to a paid service. * As the source of about 75% of global greenhouse gas emissions, the **energy sector holds the key** to responding to the world's climate challenge. * Researching **net zero emissions by 2050** in the global energy sector provides an opportunity to **limit global warming to 1.5 °C.** * Since the Paris Agreement in 2015, technologies and policies have helped **shave 1°C off projected warming**, but much more is needed to reach net zero and avert the worst effects of climate change. * The IEA's pathway to net zero by 2050 sets out over 400 milestones for what needs to be done to reach climate and energy goals.
In an environment where perceived concerns over climate change are growing and energy from renewable sources is becoming increasingly price competitive with
Ambitious climate targets, expanding charging infrastructure, and a growing range of vehicles at various price points are driving this EV revolution. The UAE aims to have EVs making up half of all vehicles on its roads by 2050, said Sharif Al Olama, undersecretary for energy and petroleum affairs at the Ministry of Energy and Infrastructure in Abu Dhabi. Even as UAE fuel prices remain about a fifth lower than average U.S. rates, according to *Rest of World* calculations, EVs are winning over consumers through reduced long-term operational costs and shrinking range anxiety, thanks to an expanding charging infrastructure, Louis said.In May 2024, the Ministry of Energy and Infrastructure started UAEV, a joint venture with Etihad Water and Electricity, to build a nationwide charging network.
* California lawmakers push last-minute climate, energy bills We're kicking off Climate Week NYC with an evening of connection and clean energy entertainment. + Clean energy + Clean energy jobs + Clean energy manufacturing # California lawmakers push last-minute climate, energy bills * Think tank GridLab says California utilities can defer or avoid infrastructure upgrades and save customers money by using virtual power plants and grid flexibility to relieve pressure at distribution network “sweet spots.” *(**Canary Media**)* **CLEAN ENERGY** * Energy Fuels says it has successfully manufactured rare earth permanent magnets for EVs using materials processed at its White Mesa mill in southeast Utah.
At a glance: Who : Angela Pllu, sustainability leader and mentor What : Pioneering whole-life carbon assessments and hydrogen retrofit programmes Why : To accelerate the transition to net-zero through innovation, leadership and evidence-based practice When : Ongoing projects across public sector buildings and fleet decarbonisation Angela Pllu is a driving force in the UK’s transition to net-zero, combining vision, technical expertise and an ability to inspire change across industries. Angela developed a roadmap toward a zero-carbon construction site, creating the Net-Zero Carbon Requirements Tracker to embed sustainability into day-to-day project delivery. Her track record speaks for itself: Scotland’s first externally verified whole-life carbon assessment for a public sector building, the UK company’s first hydrogen-powered HGV retrofit, and a roadmap to zero-carbon construction that is already shaping industry practice.
Generation's 2025 Sustainability Trends Report highlights a world where the rapid scaling of climate tech often appears at odds with political headwinds A new report from sustainable investment management firm Generation unpacks a muddled picture for sustainability. The 2025 Sustainability Trends Report highlights a world where the rapid scaling of climate technology often appears at odds with the political headwinds emerging from major world powers. The report argues that China is quickly assuming the mantle as the world’s leading force in sustainability, fuelled by its aggressive industrial policy and growing exports of renewable energy technology and electric vehicles (EVs). The report cites International Energy Agency data suggesting electric cars are expected to account for 25% of global auto sales this year.
By developing advanced battery systems, hydrogen technologies, electric mining equipment, and renewable energy solutions, Fortescue Zero is transforming heavy industry and enterprise operations. Hydrogen is emerging as a pivotal energy solution for heavy industry, and Fortescue Zero has invested heavily in developing **green hydrogen production and storage systems**. Fortescue Zero integrates renewable energy into industrial operations through solar, wind, and hybrid power systems. Fortescue Zero is developing large-scale green hydrogen facilities to provide clean energy solutions for heavy industry and enterprise clients. By combining renewable generation with energy storage and management systems, Fortescue Zero ensures that industries can operate sustainably even in challenging environments. By electrifying mining fleets, integrating renewable energy, and deploying green hydrogen solutions, Fortescue Zero is setting a global benchmark for industrial decarbonisation.
# Breaking the decarbonisation deadlock : Fashion for good unveils first-of-its-kind blueprint for near-net-zero textile manufacturing Developed under the Future Forward Factory project, the blueprint offers Tier 2 manufacturers in India five practical, financially viable pathways to reduce carbon emissions by up to 93%. Fashion for Good aims to support a selected set of manufacturers in India to retrofit their facilities with the help of this blueprint, with the support of Apparel Impact Institute (Aii). This near-net-zero textile production facility will function as a demonstrative, operational proof of concept and will set the foundation for future blueprints, which Fashion for Good is already looking to develop in South Asia and Latin America, developing bespoke solutions to suit the diverse needs of different manufacturing contexts.