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The International Energy Agency’s (IEA’s) latest flagship report, “Financing clean energy transitions in emerging and developing economies,” barely mentions nuclear, except in passing, in its 237 pages. In his Foreword to the report, IEA Executive Director Dr Fatih Birol says the IEA “has made it crystal clear that countries around the world must urgently accelerate their transitions to clean energy” to stave off the worst effects of climate change and “to build a more healthy, prosperous and secure future where everyone has access to clean and affordable energy supplies”. He warns: “If energy transitions and clean energy investment do not quickly pick up speed in emerging and developing economies, the world will face a major fault line in efforts to address climate change and reach other sustainable development goals.” This is because most growth in global emissions in the coming decades is set to come from emerging and developing economies as they grow, industrialise and urbanise.

Date: Friday, 11 June 2021
Original article: neimagazine.com/news/newsiea-sees-no-place-for-nuclear-in-financing-clean-energy-transitions-in-emerging-economies-8810910

Annual investment in clean energy in emerging and developing economies will need to increase sevenfold by 2030 if the world is to reach net-zero emissions by 2050, according to a new report from the International Energy Agency. Financing Clean Energy Transitions in Emerging and Developing Economies is a collaboration between the IEA, the World Bank and World Economic Forum.

Date: Friday, 11 June 2021
Original article: world-nuclear-news.org/Articles/Clean-energy-should-be-investment-priority-IEA

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