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Fuel report
May 2026
Global Methane Tracker 2026 Addressing methane in the marketplace
…Japan, Korea and China – such emissions (15 million tonnes in 2024) far exceed those from domestic oil and gas operations and infrastructure (5 million tonnes in 2024). Upstream methane emissions intensities associated with oil and gas imports differ across countries. According to International Energy Agency (IEA) estimates, average intensities are around 1% for the European Union and United Kingdom, 0.6% for Japan and Korea, and 1.3% for China. By reducing these intensities to 0.2% – a level that could be achieved worldwide using all currently available technologies – global methane emissions would fall by more than 12 million tonnes…
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Technology report
May 2025
Global Critical Minerals Outlook 2025 Regional snapshots
…to attract foreign capital. China, already dominant, is expected to grow from 45% to 50% of global refining market share. The rest of Asia is also emerging as a key player. Southeast Asia’s mining sector is set for rapid growth with a focus on nickel, cobalt and rare earths. Japan and Korea are investing in overseas assets and promoting recycling. India is moving to unlock untapped reserves. Australia, a major player in global critical mineral supply chains, continues to expand its mining activities, alongside efforts to move up the value chain, supported by robust environmental, social and governance standards…
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Fuel report
Sep 2025
Global Hydrogen Review 2025 Demand
…applications (biofuels upgrading, new industrial uses, mobility, power or synthetic fuels) growing but from a very low base – less than 1% of demand.Low-emissions hydrogen use increased by nearly 10% in 2024 but remains at less than 1% of total demand due to cost challenges and insufficient policy support. Policy initiatives in the European Union, Japan and Korea, and forthcoming measures from the International Maritime Organization (IMO) can accelerate ramp-up, but their impact will only be seen through implementation.Offtake momentum slowed, with signed deals covering 1.7 Mtpa H₂ in 2024, down from 2.4 Mtpa in 2023, only 20% of…
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Kosovo
This designation is without prejudice to positions on status, and is in line with United Nations Security Council Resolution 1244/99 and the Opinion of the International Court of Justice on Kosovo’s declaration of independence.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy
Korea
2021
Second Revised/Updated NDC of Korea
Korea's Nationally Determined Contributions (NDC) as part of the Paris Agreement was updated in 2021, and further refined in 2023 through the setting of National Emissions Reduction Plan. The updated NDC in 2021 raised Korea's emission reduction targets from 26.3% of 2018 levels to 40% of 2018 levels. The 2023 Plan specified and updated targets by economic subsector, while maintaining the overall 40% target.
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Policy
Korea
2022
Korea-U.S. High-Tech Industry & Clean Energy Partnership MOU
The US and South Korea signed twenty-three (23) memoranda of understanding (MOUs) on 26 April 2023 for stronger high-tech cooperation in battery, bio, autonomous vehicles, aviation, robotics, hydrogen, nuclear power, carbon neutral, oil and gas, ammonia, CCUS, small modular reactor (SMR), renewable energy, critical minerals, etc.To stabilise the supply of critical minerals, the two countries agreed on the following: K-SURE and Multilateral Investment Guarantee Agency (MIGA) will provide financial assistance for Korean firms' overseas investment projects to support investments in developing countries. New working groups will be established in the Supply Chain and Commercial Dialogue (SCCD…
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Policy
Korea
2023
Korea-Canada MOU on Cooperation in Critical Mineral Supply Chains, the Clean Energy Transition and Energy Security
The 2023 Memorandum of Understanding (MOU) between Canada and the Republic of Korea focuses on critical minerals and energy transition cooperation, reflecting a commitment to collaborative efforts in critical minerals and energy transition. Cooperation covers trade and investment in critical mineral supply chains, energy transition, information exchange on mineral processing and recycling, clean fuels like hydrogen, carbon capture and storage technologies, and manufacturing in areas such as clean energy, zero-emission vehicles, and semiconductors. Forms of cooperation include facilitating technology and investment activities, conducting joint workshops, organising missions, developing communication networks, encouraging collaboration with sub-national governments, and investment screening…
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Policy
United States
2022
Korea-U.S. High-Tech Industry & Clean Energy Partnership MOU
The US and South Korea signed twenty-three (23) memoranda of understanding (MOUs) on 26 April 2023 for stronger high-tech cooperation in battery, bio, autonomous vehicles, aviation, robotics, hydrogen, nuclear power, carbon neutral, oil and gas, ammonia, CCUS, small modular reactor (SMR), renewable energy, critical minerals, etc.To stabilise the supply of critical minerals, the two countries agreed on the following: K-SURE and Multilateral Investment Guarantee Agency (MIGA) will provide financial assistance for Korean firms' overseas investment projects to support investments in developing countries. New working groups will be established in the Supply Chain and Commercial Dialogue (SCCD…
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Policy
Canada
2023
Korea-Canada MOU on Cooperation in Critical Mineral Supply Chains, the Clean Energy Transition and Energy Security
The 2023 Memorandum of Understanding (MOU) between Canada and the Republic of Korea focuses on critical minerals and energy transition cooperation, reflecting a commitment to collaborative efforts in critical minerals and energy transition. Cooperation covers trade and investment in critical mineral supply chains, energy transition, information exchange on mineral processing and recycling, clean fuels like hydrogen, carbon capture and storage technologies, and manufacturing in areas such as clean energy, zero-emission vehicles, and semiconductors. Forms of cooperation include facilitating technology and investment activities, conducting joint workshops, organising missions, developing communication networks, encouraging collaboration with sub-national governments, and investment screening…