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Norway
Norway has set ambitious targets for reducing greenhouse gas emissions and establishing a low-emissions society by 2050. As an energy-rich country, Norway is in a unique starting position with respect to the energy transition. An abundance of affordable hydropower has enabled the development of energy-intensive industries and a high level of electrification of homes and businesses with limited greenhouse gas emissions. At the same time, as a major oil and gas producer and exporter, Norway will need to support an evolution of its energy sector amid the global energy transition. Altogether, Norway has the opportunity to lead…
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Latvia
Latvia is undertaking its energy transition with some promising results to date, with the goal to reduce total greenhouse gas emissions (without land use, land-use change and forestry) by 65% from 1990 levels by 2030 and to achieve net zero by 2050. It has made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
Renewable energy sources dominate its electricity mix, in particular, accounting for around three-quarters of domestic generation. Other sectors, notably transport and buildings, continue to consume large amounts of energy and rely on dated infrastructure that…- Overview
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Jordan
The government of Jordan targets 10% of energy mix to come from renewables by 2020. The country has set up a fund, as well as duties and taxes exemptions on all manufactured locally and imported renewable energy sources equipment and systems.
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Iceland
In 2007, the Icelandic government released a Climate Change Strategy conceived as a framework for action and government involvement in climate change issues, and setting forth a long-term goal of reducing net greenhouse gas emissions by 50 to 75% of 1990 levels by 2050.
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Australia
Established under the 2022 Climate Change Act, Australia's climate goals include doubling emissions reductions by 2030 and reaching Net Zero emissions by 2050, while ensuring a just and inclusive energy transition through the guidance of the Net Zero Authority under the Prime Minister’s office. By 2030, the government aims to reach the clean electricity target of 82% of renewable energy. In addition to this target, Australia is implementing a new 2030 critical minerals strategy and gas market reforms to boost energy security during the transition. Flexibility, fuel availability and resilient infrastructure will become even more vital as Australia…
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Chile
Chile’s energy policy has evolved dynamically in recent years. In response to changes in the domestic and international environment, significant institutional and policy reforms as well as major infrastructure projects have been carried out. In 2022, Chile’s Ministry of Energy published an update to its the Long-Term Energy Policy (PELP, first published in 2015), which re-emphasises the pledge to net-zero, laying out a clear decarbonisation pathway that addresses all sectors of the national economy.
Based on its excellent renewable energy resources, Chile has taken a globally leading role in clean energy, and emerged as a…- Overview
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Bahrain
Bahrain's energy supply comes largely from the exploitation of its domestic fossil fuels resources. The country is also a major producer and exporter of oil, petroleum products and natural gas.
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Lebanon
The government of Lebanon launched the "National Energy Efficiency and Renewable Energy Action" in 2010 a mechanism dedicated to the financing of green energy projects in the country. Private sector entities can apply for subsidised loans for any type of environmentally friendly projects.
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Kuwait
Kuwait is wholly reliant on fossil fuels for energy generation and by 2030, its energy demand will triple. In order to diversify its energy mix, the country targets to increase the share of renewable generation to 15% by 2030.
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United Kingdom
The United Kingdom has been an early player in the energy transition, being among the first countries to set a net zero target by 2050 and to put in place carbon budgets. UK emissions have already fallen by around 50% since 1990, indicating a strong start. Looking ahead, an important pillar of the energy transition will be decarbonising the power sector through sizeable new investments in renewables and nuclear while also focusing on new technologies such as CCUS, hydrogen and small modular reactors. As a historic oil and gas producer, the UK is looking to address declining North Sea production…
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