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News
09 Jun 2026
Gap between ambition and progress underscores need for stronger, targeted international collaboration, new report shows
…COP30 in 2025 and identifies near-term priorities that could help accelerate emissions reductions across six key sectors.The report comes against a backdrop of major energy market turmoil and growing demand around the world for energy services, particularly electricity. Global electricity demand rose by around 3% in 2025 – more than twice the pace of overall energy demand growth. Renewables and nuclear power met nearly 60% of the increase. Annual renewable capacity additions reached a record 800 GW, alongside rising investment in grids, electrified transport and industry.Yet global energy-related carbon dioxide (CO2) emissions still edged higher in 2025…
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Contributor
Alfonso Cusi
Department of Energy Secretary. Alfonso Cusi has headed the Philippine Department of Energy since July 2016, overseeing the institutionalisation of energy efficiency measures in the country. He has more than four decades of leadership experience in both the private and public sectors, notably in the transportation and logistics industries.
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Chart
18 Jun 2026
Maximum acceptable low-emissions hydrogen cost across regions and applications, 2035
Maximum acceptable low-emissions hydrogen cost across regions and applications, 2035 GHR 26