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Study finds global oil demand likely to grow despite pandemic, climate policies

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The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

Oil 259
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change.

Global 170
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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

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According to the ITF Transport Outlook 2021 , the biennial flagship report of the International Transport Forum, a sister organization of the OECD, global transport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 even if existing commitments to decarbonize transport are fully implemented.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z.

Renewable 199
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IEA: global carbon dioxide emissions have rebounded strongly

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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.

Emissions 433
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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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A report released by the World Economic Forum during its annual meeting in Davos warns that to have a chance of limiting the average increase in global temperatures to 2°C, a level which an increasing number of experts already considers unsafe, at least US$515 billion per year will need to be invested in clean energy globally between now and 2030.

Green 150