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Date Time With only 2% of governments’ recovery spending going to clean energy transitions Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2% of this spending has been allocated to clean energy measures, according to new analysis from the International Energy Agency. The sums of money, both public and private, being mobilised worldwide by recovery plans fall well short of what is needed to reach international climate goals. These shortfalls are particularly pronounced in emerging and developing...

Hydropower growth on track for big slowdown: IEA PARIS, 2 days ago The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable energy supplies, said the International Energy Agency (IEA) in a new report. Global hydropower capacity is expected to increase by 17% between 2021 and 2030 – led by China, India, Turkey and Ethiopia – according to the Hydropower Special Market Report, part of the IEA’s Renewables market report series. However, the projected...

Hydropower growth on track for big slowdown: IEA PARIS, 8 hours, 41 minutes ago The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable energy supplies, said the International Energy Agency (IEA) in a new report. Global hydropower capacity is expected to increase by 17% between 2021 and 2030 – led by China, India, Turkey and Ethiopia – according to the Hydropower Special Market Report, part of the IEA’s Renewables market report series. However, ...

IEA: Hydropower Growth Set to Significant Slowdown Published July 4th, 2021 - 08:00 GMT Reversing the expected slowdown will require a range of strong policy actions from governments to address the major challenges that are hampering faster deployment of hydropower, according to the report. (Shutterstock) Highlights Global hydropower capacity is expected to increase by 17% between 2021 and 2030 – led by China, India, Turkey and Ethiopia – according to the Hydropower Special Market Report, part of the IEA’s Renewables market report series. The growth of hydropower plants worldwide ...

IEA Executive Director Fatih Birol held a wide-ranging and detailed discussion today with China's Special Envoy on Climate Change Xie Zhenhua during...