Top Items
Headline: Five Takeaways from COP30 in Belém
- SECTION: Energy Transition
- PUBLISHED: 2025-11-24
- Summary: At COP30 in Belém, IRENA highlighted five priority areas to accelerate renewable energy and energy efficiency goals. The report confirmed the target of 11.2 TW of renewable capacity by 2030 is achievable, but investment bottlenecks remain. Nationally Determined Contributions (NDCs) are crucial for guiding the transition, with a focus on implementation and infrastructure. The event emphasized the need for increased ambition and support for emerging economies.
Why it matters: EU businesses must align with NDCs to secure funding and support.
Australian investors should monitor global trends to identify opportunities in renewable infrastructure.
Signals to watch: Upcoming deadlines for national renewable energy targets.
Sources:https://www.irena.org/News/articles/2025/Nov/Five-Takeaways-from-COP30-in-Belem
Headline: Global Renewable Energy Investment Hit USD 807 Billion in 2024
- SECTION: Energy Transition
- PUBLISHED: 2025-11-17
- Summary: Global investments in renewable energy reached USD 807 billion in 2024, marking a 20% increase from previous years. However, growth slowed to 7.3%, down from 32% the prior year. Solar PV investments alone hit USD 554 billion, but 90% of funding remains concentrated in advanced economies, highlighting disparities in global investment.
Why it matters: EU firms must adapt to slower growth rates in renewables to remain competitive.
Australian investors should seek opportunities in emerging markets to diversify portfolios.
Signals to watch: Trends in renewable investment distribution across regions.
Sources:https://www.irena.org/News/pressreleases/2025/Nov/Global-Renewable-Energy-Investment-Hit-USD-807-Billion-in-2024
Headline: Global utilities set out USD 1 trillion investment plans at COP30
- SECTION: Energy Transition
- PUBLISHED: 2025-11-14
- Summary: At COP30, utilities announced plans to invest over USD 1 trillion in energy transition initiatives, increasing annual commitments to nearly USD 150 billion. This includes a significant focus on grid infrastructure, with a commitment to spend USD 82 billion on grids and storage, reflecting a shift towards enhancing energy networks.
Why it matters: EU utilities must align with these investment trends to secure funding and partnerships.
Australian energy companies can leverage these developments to enhance local grid capabilities.
Signals to watch: New grid financing principles to be implemented in emerging economies.
Sources:https://www.irena.org/News/pressreleases/2025/Nov/Global-utilities-set-out-USD-1-trillion-investment-plans-at-COP30-as-grid-spend-grows
Headline: Energy Networks Australia welcomes new Chair and Board Directors
- SECTION: Energy Transition
- PUBLISHED: 2025-11-05
- Summary: Energy Networks Australia (ENA) appointed Andrew Bills as Chair and welcomed new Board Directors to enhance its leadership. The new board aims to strengthen the role of energy networks in facilitating the energy transition, emphasizing collaboration and innovation in the sector.
Why it matters: Australian energy networks must adapt to evolving leadership to drive transition strategies.
Investors should monitor governance changes that may impact energy policy and investment.
Signals to watch: Future initiatives from the ENA under new leadership.
Sources:https://www.energynetworks.com.au/news/energy-networks-australia-welcomes-new-chair-and-board-directors/
Headline: EFRAG adds new languages to VSME Digital Template
- SECTION: ESG Reporting
- PUBLISHED: 2025-11-27
- Summary: EFRAG has expanded the VSME Digital Template by adding four new languages, enhancing accessibility for SMEs in sustainability reporting. This initiative aims to support a broader range of businesses in meeting sustainability reporting requirements.
Why it matters: EU SMEs can now better comply with sustainability reporting standards.
Australian businesses should consider adopting similar frameworks for reporting.
Signals to watch: Upcoming EFRAG meetings and consultations on sustainability reporting.
Sources:https://www.efrag.org/en/news-and-calendar/news
Headline: EFRAG Honoured at ISAR 2025 Ceremony
- SECTION: ESG Reporting
- PUBLISHED: 2025-11-27
- Summary: EFRAG received recognition at the ISAR 2025 ceremony in Geneva for its VSME Sustainability Reporting Initiative, which aids SMEs in contributing to a sustainable economy. This award underscores the importance of effective sustainability reporting frameworks.
Why it matters: EU businesses can leverage EFRAG's initiatives to enhance their sustainability practices.
Australian firms should consider adopting similar reporting frameworks to improve transparency.
Signals to watch: Future developments in EFRAG's sustainability initiatives.
Sources:https://www.efrag.org/en/news-and-calendar/news?f%5B0%5D=department%3A9
