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Türkiye
Rapid economic and population growth in Türkiye over the past two decades have not only driven strong growth in energy demand, but also an associated increase in import dependency. As a result, Türkiye has pursued a restructuring of its energy system with the aim of rationalising energy demand growth, lowering energy prices and slowing the pace of import growth.
These reforms have included measures targeted at modernisation, liberalisation and increased domestic production capacity. Notably, Türkiye has seen considerable diversification of its energy mix in the past decade. Renewable electricity generation has tripled in the past decade and the commissioning of…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Breakthrough Agenda Report 2025
Accelerating sector transitions through stronger International collaboration Breakthrough Agenda Report 2024 Since its launch at COP 26, the Breakthrough Agenda has become established as an annual collaborative process centred around the Conference of the Parties (COP) meetings of the United Nations Framework Convention on Climate Change (UNFCCC). It is currently supported by over 60 countries representing over 80% of global GDP, and by over 150 initiatives working to enhance collaboration within major emitting sectors. Countries can endorse Breakthrough goals to make clean technologies and sustainable practices more affordable, accessible and attractive than their alternatives by 2030 in the power, road transport…
- Executive summary
- Power
- Hydrogen
- Road transport
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+ 4 pages
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BNDES and Finep USD 815 million fund for strategic minerals projects
…industrial-scale plants, pilot facilities, demonstration projects, and necessary research studies, depending on project stages and technologies involved. The funding structure is expected to leverage investments five to ten times the available budget in the coming years. The programme aims to position Brazil as a leading supplier of critical materials for energy transition and decarbonisation supply chains. It will support the development of high-value components such as battery cells, photovoltaic cells, and permanent magnets. The initiative is designed to mobilise various stakeholders across mineral-dependent production chains, enabling partnerships between miners and technology holders both within and outside Brazil.
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Financing the Modernisation of Power Systems Beyond Coal
The role of transition credits in Southeast Asia Coal is a central component of power systems in Southeast Asia, even as governments have committed to reducing coal‑related emissions. Rapid electricity demand growth, alongside coal’s role in system adequacy, reliability and energy security, complicates efforts to accelerate coal transitions. Recent volatility in international gas markets has reinforced the short‑term economic and security value of existing coal assets, adding complexity to national transition strategies. The region’s young coal fleet also implies substantial long‑term emissions if plants continue operating at current utilisation rates.Against this backdrop, new approaches are being explored…
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Battery storage is scaling up and taking on a larger system role
Commentary As the result of falling costs and greater flexibility needs, battery storage is playing a growing role in power systems worldwide, acting as a “multi-tool” that can provide a range of critical system services at once. According to the latest data, the deployment of batteries expanded strongly in 2025 and broadened across markets – with rapid growth in countries such as Australia and Saudi Arabia, where storage is increasingly being used to support the integration of rising shares of variable renewables.In regions that have been at the forefront of renewable integration and battery deployment, batteries now play an…
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New Zealand
New Zealand has a diversified energy mix, with significant production of both hydropower and geothermal. As the country embarks on an ambitious energy transition, it has many natural advantages, including a strong renewable resource base. New Zealand already has a low-emissions electricity system, with over 80% of electricity coming from renewable sources. The key challenge will be to decarbonise other end-use sectors through clean power and support investments in new technologies to achieve deeper emissions cuts across all sectors. Notably, the transport sector accounts for the highest share of emissions and is almost entirely dependent on oil while…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Ukraine
Ukraine is a key country for European and global energy security. Russia’s invasion of Ukraine has pushed it to fundamentally reshape its past dependence on energy imports from Russia.
As the invasion continues, Ukraine is focused on tracking large-scale energy supply disruptions and actively working to recover power and heating for civilians. It is also putting together an ambitious recovery and reconstruction plan, with a strong focus on energy security. In the medium-term, Ukraine’s energy strategy remains focused on European integration, while it aims to an energy system that is ready for a Net Zero future…- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Korea
Korea has set a target of reaching carbon neutrality by 2050 by substantially increasing the share of renewable energy sources, gradually phasing out coal, significantly improving energy efficiency and fostering the country’s nascent hydrogen industry. Korea’s energy sector is characterised by a dominance of fossil fuels, a strong dependence on energy imports and one of the highest shares of industrial energy use among IEA countries. Korea aims to leverage the fourth industrial revolution for its energy transition and to foster green growth by means of low-carbon technologies and clean energy. Due to Korea’s high share of…
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Mongolia
Coal is the first source of electricity generation in Mongolia, but the country has recently begun using hydro, solar and wind power, and has adopted a law aiming to increase and regulate the use of renewables.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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National Climate Change Fund (FNMC): Public Transport and Green Mobility
The Brazilian government is allocating funding to BNDES Climate Fund Program, to support the development of collective urban passenger transport on rails, electrification of bus fleets for public transport, water and waterway transport, as well as the modernization of sustainable urban mobility.
