Search

The European Banking Authority’s (EBA) latest proposed guidelines mark an important step towards incorporating transition plans into the prudential framework. Proposed guidelines have placed rightful emphasis on climate-related risks, but the EBA should ensure that prudential transition plans comprehensively align banks’ activities and actions with European Green Deal objectives.

IEEFA expects global LNG supply capacity to rise to 666.5 MTPA by the end of 2028, which could be sufficient to meet all global demand requirements through 2040, even under optimistic industry forecasts.

On 18 April 2024, Victorian energy minister Lily D’Ambrosio gazetted an order under the Gas Industry Act to prohibit Victoria’s gas distribution networks from providing rebates or incentives to purchase new gas appliances. This follows through on the state government’s promise from its Gas Substitution Roadmap Update in December 2023.

The continued installation of gas and resistive electric appliances is locking Australian consumers into $3.4 billion in unnecessary costs each year.

Evaluating the preparedness of 21 Indian states to walk the electricity transition pathway.

In the throes of energy sector challenges, rooftop solar and energy efficiency would help Bangladesh manage the situation better. And if Bangladesh can advance energy efficiency and rooftop solar, taking a sectoral approach, it will end up with manifold larger benefits than one may think of.

Neshwin is an Electricity Policy Analyst at Ember. His work primarily focuses on analysing the power sector transition in India and the broader South Asia region.