The International Energy Agency’s (IEA) Implementing Agreement on Bioenergy (IEA Bioenergy) newsletter notes that while bioenergy can contribute to Austria’s renewable energy targets, new technologies for transport fuels will need to be suported, while also discussing activities at the November Executive Committee meeting and Task 40 on Sustainable International Bioenergy Trade.
The Energy Sector Management Assistance Program (ESMAP) of the World Bank report, which is based on analyses in Brazil, China, India, Indonesia, Mexico, Poland and South Africa, finds that many of the greenhouse gas (GHG) reduction measures pay themselves back, while ambitious global action to reduce technology costs, scale up private sector financing, and provide climate financing is still required.
The reports highlight that improving energy efficiency in operations, products and services, and the increased use of renewable energy are key priority action areas for business to support the UN Secretary-General’s Sustainable Energy for All (SE4ALL) initiative, while they also emphasize that industry-wide standards should be developed as well as new financing mechanisms to overcome risks associated with the suggested action areas.