Is the World Bank springing into action on energy access?

Myself with Melanie Robinson and David Kinder, UK representatives to the World Bank

Sharing our new report with Melanie Robinson and David Kinder, UK representatives to the World Bank

 

Last week I joined hundreds of government representatives, business executives and civil society organizations at the World Bank Spring meetings in Washington. I returned home with the overall impression that the World Bank is taking steps in the right direction on climate change. But this action needs to speed up and scale up to meet the Paris Agreement targets and achieve universal energy access by 2030 (Sustainable Development Goal 7). In particular, the Bank needs to phase out fossil fuels more quickly, and increase investment in renewable energy, with a focus on off-grid sources for the poorest populations living in remote communities.

The situation so far

In 2017 the World Bank President announced the phasing out of finance for exploration for oil and gas after 2019; this was an important step forward, but there were few details given at the Spring meetings last week about how this would be implemented. In the meantime, the Bank continues to invest in fossil fuels. [Read more…]

Less Coal, Less Gas, More Hope – predictions on UK’s electricity

It’s very encouraging how fast Great Britain’s emissions from electricity have reduced over the last five years – 2017’s figures from the excellent MyGridGB show how far we’ve come.

This is mostly down to 4 things:

  • closing coal power stations
  • replacing a lot of coal with gas
  • replacing some coal with wind, and some with biomass, mainly wood
  • using a bit less electricity
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The future looks good for solar and wind power

Less coal, less gas

We’re doing well on using less coal, the single biggest step Britain needed to take on climate change. I think the government will keep their promise to shut coal power down completely by 2025. It’s been good to see climate minister Claire Perry championing phasing out coal internationally – and her promotion to attend cabinet in the reshuffle is encouraging too. [Read more…]