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Policy
United Kingdom
2021
Greenhouse Gas Emissions Trading Scheme Order 2020 - UK Emissions Trading System
…ETS. The design features of the UK ETS are very similar to those of the EU ETS Phase 4. However, the UK ETS initial set its cap at 5% below the UK’s national share of the EU ETS cap for its fourth phase. In 2024 the UK ETS reset its cap to align with its net zero emissions target, with the phase 1 cap set at 936MT for the 2021-30 phase and the cap declining to 49MT by 2030. The UK ETS design also has a Cost Containment Mechanism, which aims to mitigate against sustained extreme price spikes…
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Policy
Australia
2024
Future Made in Australia Innovation Fund
…like cables. Priority areas include AUD 750 million for green metals such as iron, steel, alumina, and aluminium; and AUD 250 million for low carbon liquid fuels, including sustainable aviation fuels and renewable diesel.In the 2025-2026 period, the fund continues and expands upon the investments made in the previous year. Additional funding details and specific allocations are expected to be provided, with targeted consultation with market participants and industry bodies to refine and implement the fund's objectives. Both years emphasize leveraging Australia's renewable energy potential, supporting innovation, and facilitating the transition to a net zero economy.
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Policy
United Kingdom
2022
United Kingdom methane memorandum
…Pledge, the United Kingdom is a state partner of the Climate and Clean Air Coalition, a member of the Oil and Gas Methane Partnership Steering Group and has committed to the World Bank’s ‘Zero Routine Flaring by 2030’ initiative.The memorandum also notes that through the Net Zero Strategy (NZS), the government plans to cut emissions by at least 68% by 2030 and approximately 77% (including international aviation and shipping) by 2035 compared to 1990 levels and is committed to reaching net zero by 2050.Lastly, the Environmental Agency plans to create an Environment Agency Methane Action Plan, which…
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Country report
Sep 2025
The Future of Electricity in the Middle East and North Africa
Electricity demand in the MENA region This study analyses electricity demand in the Middle East and North Africa (MENA) region and its evolution to 2035. MENA has long been a cornerstone of global energy supply. But the region is fast becoming a central character in the story of global energy demand, particularly that of electricity use. Rapid population growth, urbanisation, and rising temperatures are driving up electricity demand. Since 2000, MENA has become one of the top contributors to global electricity demand growth. The region’s climate, characterised by extreme heat and water scarcity, implies that reliable and resilient electricity…
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Country
Mexico
Mexico’s energy and economic profile presents both challenges and opportunities as a major oil producer, exporter and through its growing domestic energy demand. Mexico was the first large oil producing emerging economy to adopt climate legislation in 2012 and has seen growth in renewable electricity generation from wind and solar, which almost tripled from 2015 to 2022. However, strong action is needed across all sectors to reduce reliance on fossil fuels and bring down greenhouse gas emissions.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Pakistan
In Pakistan, most of the primary energy supply comes from oil and natural gas. Hydropower is the main renewable source of energy in the country but wind and solar PV’s shares are slowly growing. More than 40 million people remain without access to electricity and half the population lack access to clean cooking facilities.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country
Benin
Benin is reliant on electricity imports for a significant share of its energy supply. Reform programmes, including plans for electrification, have been put in place in the country, where only 30% of the population had access to electricity in 2017.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy report
Oct 2025
Scaling Up Transition Finance Executive Summary
Successful transitions need finance that goes where the emissions are Actions by the world’s most emissions-intensive sectors, companies, and countries are crucial to placing the world on a sustainable pathway. Yet, investments that could deliver meaningful reductions in their environmental footprint often do not receive sufficient financial support. Currently, finance is drawn heavily to certain “green” assets and activities—most prominently renewable power. While vital, these investments alone cannot deliver all the changes needed to cut global emissions, especially in areas where clean technologies are not yet commercially available or cost competitive. This is where transition finance comes…
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Report
Oct 2025
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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Country report
Mar 2025
Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap Unlocking the opportunity - A roadmap for action
Highlights Hydrogen represents a long-term opportunity for Ukraine, but action is required in the near term to unlock the full benefits. Work over the first 2-3 years after the war ends can lay the foundations for future market growth without large commitments, such as through studies, planning for regulation and de-risking. In a second stage (5 years) pilot projects would be built to develop experience in the private sector and inform policy. A final stage (10-20 years) would incorporate lessons learnt, with a focus on standardisation, replication and simplification to support large-scale deployment. Each stage…