Pham Minh Chinh, Prime Minister of Vietnam, and approved a comprehensive implementation plan for the Global Coal-to-Clean-Energy Transition Statement, reaffirming Vietnam’s commitment to low-carbon development and achieving net zero emissions by 2050.
Verification ensures that carbon credits are legitimate, measurable, and permanent, which in turn can build trust among businesses, investors, and consumers.
By Olga Rivas, Technical Director at LRQA
The Uzbekistan government has announced that it plans to build new power plants and energy storage facilities, along with 7000 km of new power lines and the introduction of digital management systems to ensure efficient distribution.
According to figures from Aneel, Brazil’s electricity regulator, Brazil’s installed power generation capacity increased by a record 10.9 GW in 2024, above government predictions of 10.1 GW.
Cambodia’s Ministry of Mines and Energy (MME) has announced that the country is on course to achieve its target of 70 per cent of power generated from renewable energy by 2030.
The European Commission has approved a €10 billion Italian scheme to support electricity production from renewable energy sources to help transition towards a net-zero economy.
The Japanese Government has announced that it is aiming for renewables to be its largest power source by 2040 in an attempt to reduce dependence on coal and gas and become carbon neutral by 2050.
Saudi Arabia and France have agreed to cooperate in generating hydrogen from renewable resources following a meeting between Saudi Minister of Energy Prince Abdulaziz bin Salman and French Minister for Energy Transition Agnes Pannier-Runacher.
NTPC of India and South Africa’s Eskom have signed an MOU to exchange knowledge and collaborate on R&D.
At COP29 in Baku, Azerbaijan, Egypt has signed two MOUs to develop 5.2 GW of renewable energy capacity in the country.