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Report
Jul 2025
Electricity Mid-Year Update 2025 Emissions: Power generation CO2 emissions are plateauing
…rate of less than 1% for China in 2025-2026. This is highly sensitive to fluctuations in electricity demand, which can result from deviations from the latest economic projections as well as variations in weather conditions in individual years. Nevertheless, the rapid growth of renewable energy in China, accompanied by rising nuclear generation, will limit fossil-fired power generation and continue to support the trend towards flattening emissions from electricity generation. The European Union follows China with substantial declines in emissions from power generation over the 2025-2026 period. US power sector emissions are expected to decline only slightly over…
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Country report
Nov 2025
Sustainable Transport Policy for Armenia: A Roadmap Policy recommendations and milestones
…from its dependence on imported fossil fuels.In the summary below, the recommendations offered in this roadmap have been grouped into three categories to help the government prioritise its actions effectively and ensure a systematic transition toward low-carbon mobility. Each category reflects the level of urgency, impact and feasibility of the proposals:Critical Measures: These are high-priority actions essential for achieving energy and transport policy goals. They require immediate implementation and will have the greatest impact on emissions reduction, infrastructure development and regulatory frameworks.Important Measures: While not as urgent, these actions are necessary for long- term success…
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Country report
Nov 2025
Korea 2025 Executive summary
…expanding renewable energy technologies.Addressing Korea’s challenges will require sustained policy efforts, domestic and international co-operation, and technological innovation. In 2021, the Framework Act on Carbon Neutrality and Green Growth for Coping with Climate Crisis (Carbon Neutrality Act) enshrined the country’s 2050 net zero target into law alongside interim 2030 GHG reduction targets and sector-specific measures. A Presidential Commission on Carbon Neutrality and Green Growth acts as a climate policy council, advises the government on targets and policies, and reviews progress on mitigation and adaptation each year. In 2022, the government placed an emphasis on energy security…
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Country
Eritrea
Less than half of the population of Eritrea has access to electricity. Most of the country's electricity generation comes from imported oil.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country report
Jun 2025
Ramping up Heat Pumps in Moldova: A Roadmap A pathway for heat pumps
Heat pumps can strengthen Moldova’s energy security, independence, air pollution and emissions, and even improve energy affordability. Given the regional turmoil – notably in the energy sector – over the past three years and into early 2025, there is a compelling case for reducing natural gas consumption by deploying heat pumps. While Moldova is only beginning to realise its heat pump potential, this presents a significant opportunity to design the system effectively – by stimulating demand, expanding supply, financing the transition and establishing clear regulations. A comprehensive approach will help to ensure a steady and orderly deployment. The following table recommends specific…
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Country
Equatorial Guinea
Electrification rates are relatively high in Equatorial Guinea at 66%. The country began oil production in the late 1990s and began LNG exports in 2007.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Country report
Jun 2025
Ramping up Heat Pumps in Moldova: A Roadmap Executive summary
…Outlining an effective path to decarbonise energy use is a prerequisite for joining the bloc and heat pumps can play a central role in this. Overcoming barriers to heat pump adoption Moldova faces several notable barriers to heat pump adoption – many of which mirror challenges seen in countries with more mature markets. These obstacles include the high upfront costs of heat pump technology and installation, alongside limited industry experience and scale. The country’s generally inefficient building stock risks blunting some of the benefits of heat pumps, since this can reduce energy cost savings and strain Moldova’s weak electricity…
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Country report
Dec 2025
China’s Official Energy Finance in Emerging and Developing Economies Case 6. CNOOC investment in Guyana: Whiptail Oil Field
…the Guyana basin the company’s largest overseas upstream commitment.While ExxonMobil retains operatorship, CNOOC participates fully in investment decision-making and bears its proportional share of capital and operating costs. Since the developments in the Stabroek Block are financed directly from the partners’ balance sheets rather than through non-recourse project debt, CNOOC’s exposure moves in line with changes in project costs, oil-price dynamics and future operating performance. This differs from many clean energy projects, where high shares of project-finance debt and fixed offtake arrangements can insulate sponsors from part of the underlying risk. Insights a...