Katherine Browne’s Post

We’re delighted to see renewables becoming more accessible around the world! Many countries which currently serve as sources of raw materials for new technologies are looking into clean and renewable sources for their own power generation. For just one example highlighting this, check out “Fueling the Energy Transition: Can a Congolese community affordably electrify with renewable resources?”, a case by Calli VanderWilde, Tyler Fitch, and Jose Alfaro. This case examines electrical development projects in the context of a small city (also known as a microgrid) in the Democratic Republic of Congo. Check it out: https://lnkd.in/ebYMBB2A https://lnkd.in/e6BQqKD8

Developing economies are leading the way in clean energy growth. RMI’s new analysis shows: • 87% of power investment in emerging economies is now in clean energy • Solar and wind are on track to match the renewable capacity of developed nations by 2030 • But to triple renewables by 2030, six times the current funding is needed As we approach #COP29, the Mission 2025 coalition calls on wealthier nations to step up support and make this growth sustainable and scalable. Read the report for more: https://lnkd.in/guk7x2EC #Mission2025 #COP29 #CleanEnergy #RenewableEnergy #ClimateAction #EnergyTransition

The Exponential Race to the Top is on and emerging economies are showing the way: ⚡ 87% of power investment is flowing into clean tech ☀️ Solar and wind are growing exponentially A new RMI report shows that one-fifth of the Global South, from Brazil to Morocco and Namibia, from Bangladesh to Egypt and Vietnam, has already overtaken the Global North in terms of the share of solar and wind in electricity generation, or the share of electricity in final energy. Now, countries' policies need to reflect the new exponential reality of cleantech. 🔗 https://lnkd.in/guk7x2EC #Mission2025 #COP29

#InTheNews | Renewables Soar, Emissions Still Rise: The Energy Transition Paradox. «If developing countries are to build climate-resilient development paths, a better mix of international resources and strengthened global governance is urgently needed.» #BeyondCOP28 #GreenJobsRevolution #DirtyFour #ProfitsOverPlanet? #GreenIndustrialPolicy #TechFixMyth #FossilFuelExitStrategy #ClimateJusticeNow #BreakTheGridLock #TimeForTransformation via Friedrich-Ebert-Stiftung https://lnkd.in/diCSF_eF

As we approach the halfway mark of COP29, it's important that we acknowledge the rapid advancements in renewable energy across the Global South. With rising energy demands, many regions are harnessing their rich renewable resources instead of relying on imported fossil fuels. Solar and wind generation have increased by 23% annually over the past five years in the Global South, and now supply 9% of total electricity — only five years behind the Global North. Remarkably, the Global South is outpacing the North in this transition, with 1/5 of its regions already surpassing the North in solar and wind energy shares or electrification. By 2030, the Global South could match the North in adding renewable capacity. However, to maintain this momentum, especially in developing countries, strong domestic policies, targeted capital investments, and clean technology transfers are crucial. COP29 presents a significant opportunity to increase international collaboration to accelerate renewable energy deployment in the Global South, driving sustainable economic growth and improving energy access. For more insights into these energy dynamics, read here:  https://lnkd.in/gia8nKar Visual: Powering up the Global South 

The renewables revolution in emerging economies is underway as many regions in the Global South are increasingly investing in their abundant renewable energy resources instead of importing fossil fuels. We're now seeing: ☀️ 87% of power investment flowing into clean tech ☀️ Solar and wind growing exponentially ☀️ Demand for fossil fuels has peaked in 1/3 of developing economies This means that developing and emerging economies are currently only five years behind the clean energy transition underway across advanced economies in aggregate. With the lowest fossil fuel reserves per person and highest renewables potential in the world, emerging economies are on a path to gain energy faster, cheaper, and more securely. This is the future we want to see, the future that will benefit us all. But more finance is needed to reach the global goal of tripling renewable energy by 2030. Ahead of COP29 in Baku, Mission 2025 - the global coalition of real economy leaders - is formally asking governments in developed countries to help power up emerging economies at #COP29 by massively scaling finance, particularly in lower-income countries.   Read more: https://lnkd.in/e2sktzwH #Mission2025 | RMI |

Attached our latest RMI report about cleantech in the Global South. The cleantech revolution is already happening, fast, and provides new opportunities that fossil fuels cannot. - The Global South is deploying cleantech faster than the Global North. - 73% are in the sweet spot of change - middle income, fossil importer, low energy demand, huge renewables. - 87% of generation capex is already on clean energy. - They are racing up the S-curve of renewable deployment; solar and wind additions will be up this year by nearly 60% to over 70 GW. - Capex parity and Chinese supply open up the door to change. - So the Global South will not prop up the dying fossil fuel system, but will ride the cleantech revolution to growth and prosperity. By the excellent Vikram Singh, Kingsmill Bond, Sam Butler-Sloss, Daan Walter, Ije Ikoku Okeke,  David Gumbs, Laetitia De Marez, Wini Rizkiningayu, Amory Lovins, Akshima Ghate, Sumant Sinha, Tarun Garg, Jagabanta Ningthoujam, Prabal Muttoo, Ankur Malyan, Dimpy Suneja, Arjun Gupta, Arunabha Ghosh, Meriah Jamieson, Justin Locke, Will Atkinson, and Elizabeth Press https://lnkd.in/eAx35Wng

The ‘Finance COP’ has shown the UK’s commitment to climate leadership. Where do we go from here? #COP29 concludes today. Despite the apprehension of many, there have been encouragements over the last two weeks - progress on carbon markets and continued engagement around transition and adaptation finance. However, there are areas that will continue to need difficult negotiations and work to achieve deliverability of commitments. From a UK perspective, it’s been good to see the UK government’s commitment to #climateleadership through decarbonisation and its launch of the Global Clean Power Alliance at the G20 Summit with Brazil, Australia, France and others on board to tackle the clean energy transition.   My three key takeaways:  Focus on scaling and accelerating renewables: It was great to see KPMG’s contribution to that discussion at COP.  Adaptation: the need to help developing countries tackle emissions and transition away from fossil fuels finance remains the elephant in room - and the need continues to grow.   Climate and nature: while it’s encouraging to have COP 16 and COP 29 in the same year and I'm looking forward to the Presidency bringing these closer together at COP30 in Brazil.   The negotiations continue, so I hope there’s more to come from #COP29. Ultimately, there is a need for more collaboration and action to galvanise the private sector.    Read KPMG’s recent Energy Transition Investment Outlook report, launched during COP: https://lnkd.in/eHQbNchj   Michael Hayes Simon Virley CB FEI Wafa Jafri Adam Hamilton Grant Jackson Gavin Geminder Geri McMahon Elizabeth Ming Adrian Scholtz Daisy Shen 沈莹 Kishlay Sinha James Suglia Laura Forzani Simon Weaver   #cop29 #esg #ClimateLeadership #RenewableEnergy #GreenEconomy #NatureBasedSolutions #EnergyTransition #GreenerTogether 

⚡ At COP28, nearly every government in the world agreed to a target of tripling global renewables capacity by 2030. Achieving this target requires a massive buildout of clean power infrastructure, which unless properly managed, will increase pressure on biodiversity.   📑 A new briefing paper by the World Economic Forum suggests how building out this clean energy infrastructure can also help deliver a positive impact on nature, both on land and in the ocean, while ensuring a secure and equitable energy transition.   The paper also identifies 6️⃣ enablers to secure a clean energy transition that contributes to nature positivity: 🏛 Government action & policy 📐 Measurement frameworks ✅ Visionary leadership setting & delivery of ambitious goals 🤝 Partnerships for collective action 💲 Innovative financing 🔢 Data, technology & innovation   ➡ Read the briefing paper here: https://lnkd.in/eGinHJCS #OceanAction #NaturePositive #NetZero #CleanEnergy #EnergyTransition #OffshoRenewables #BlueEconomy Hanh Nguyen Alfredo Giron Nava Kristen Panerali Irene Varoli Shweta J. Prerana Pakhrin Misrahi

⚡ Unlocking a #CleanEnergy future calls for the transformation of outdated Energy Governance Frameworks! At #COP28, world leaders committed to tripling #RenewableEnergy capacity by 2030, but outdated energy systems and governance structures still prioritize #FossilFuels. 🚫 Near-monopoly control by state-owned utilities, exclusion of RE players from decision-making, and conflicts of interest that block investment in clean alternatives are stalling RE deployment. To truly accelerate progress, inclusive and transparent energy governance is essential. Our Think20 Brief, co-authored by Ja Hyun Kim, Solutions for Our Climate and Mariano Birlain Escalante, Iniciativa Climática de México, sheds light on the path forward. 🔑 What must G20 nations do to ensure a just and inclusive energy transition? ✅ Prevent conflicts of interest by unbundling financial connections in the power sector ✅ Strengthen independent energy regulatory bodies ✅ Ensure all stakeholders, including RE players, have a seat at the table By transforming energy governance, we can create a level playing field for renewable energy, foster innovation, and accelerate the transition to a cleaner future. 🌿 📖 Read more on the SFOC website: https://lnkd.in/gTdJu6fa #T20Brief #NewReport #FossilFuelPhaseOut #TripleRenewables