The G7 has an opportunity to lead the global energy markets towards net zero emissions by 2050. In June 2021, the G7 Leaders committed to “net zero no later than 2050” and to “lead a technology-driven transition to net zero, supported by relevant policies”. These commitments demonstrate political leadership and come at a critical time, ahead of the 26th Conference of the Parties of the United Nations Framework Convention on Climate Change. G7 members – Canada, France, Germany, Italy, Japan, the United Kingdom, the United States plus the European Union – in 2020 accounted for nearly 40% of the global economy, 30% of global energy demand and 25% of global energy-related CO2 emissions.

Achieving Net Zero Electricity Sectors in G7 Members | Devamı>>>

For the first time since the creation of the Innovation Fund, the European Union is investing 118 million euros into 32 small innovative projects located in 14 EU Member States, Iceland and Norway.

The grants will support projects aiming to bring low-carbon technologies to the market in energy-intensive industries, hydrogen, energy storage and renewable energy. In addition to these grants, 15 projects will benefit from project development assistance worth up to 4.4 million euros, with the aim of advancing their maturity.

EU Invests 122 Million Euros in Innovative Low-Carbon Projects | Devamı>>>

Ernest & Young (EY) consulting firm has published a global study today that reveals an investment opportunity of US$ 2 trillion with 13,000 renewable energy projects ready for installation worldwide. These groundbreaking projects have the potential to provide an additional 1 Terawatt of renewable energy generation capacity in total.

“This new report reveals the true potential of accelerating investment in renewable energy through global collaboration between governments and the private sector. 

‘Renewable Energy’ Carries 110.000 New Employment Potential in Turkey | Devamı>>>