Advertising

G20 adopts energy innovation guide for emerging economies

The G20 approves an IEA guide to support energy innovation in emerging economies, by proposing policies adapted to energy transitions.

Please share:

At the G20 meeting in Manaus, Brazil, the ministers responsible for research and innovation approved the “Manaus Package”, a set of strategic recommendations including a detailed guide to energy innovation.
This document, drawn up by the International Energy Agency (IEA), proposes concrete policy options to help governments support energy technologies in emerging economies.
The main aim of the guide is to facilitate the establishment of policy frameworks to reduce the costs and improve the performance of clean energy technologies.
Faced with growing energy needs, G20 governments are seeking to accelerate the energy transition while maintaining strong industrial development.
The guide responds to these expectations by presenting a series of measures to stimulate technological innovation, both locally and internationally.
The emphasis is on the key role of public policy in encouraging private investment in clean energy technologies.
Government support is crucial to creating a favorable environment for the emergence of new technologies, and this guide offers concrete examples of success stories from various regions.

Targeted recommendations for emerging economies

The guide is aimed particularly at emerging and developing economies, which face specific challenges in their energy transition.
For these countries, technological solutions must not only address climate issues, but also economic and social imperatives.
The IEA document presents a series of policy options adapted to local contexts, ranging from the creation of technological innovation centers to the establishment of public-private partnerships to finance energy infrastructures.
One of the priorities highlighted is the need to foster the emergence of local technological ecosystems capable of developing innovative solutions.
By supporting research and development projects, governments can enable their industries to move up the global energy value chain.
This approach is particularly relevant in countries where a lack of infrastructure hinders the rapid adoption of clean technologies.
The guide also includes recommendations on the financial mechanisms needed to attract private investment in the energy sector.
These include the implementation of incentive tax policies, the creation of public-private funds and access to multilateral financing.

International exchanges and knowledge sharing

The IEA guide also focuses on international cooperation in energy innovation.
The G20, as a forum for global economic cooperation, is an ideal place to promote the exchange of best practices between developed and developing countries.
This cooperation makes it possible to disseminate technologies and share the successes achieved in different economic contexts.
The document encourages countries to strengthen their bilateral and multilateral partnerships to facilitate the transfer of technology and know-how.
The experience of developed countries in decarbonization can be a powerful lever for emerging economies, which are faced with growing energy needs.
By facilitating this exchange of knowledge, the G20 hopes to accelerate the global energy transition while promoting sustainable economic development.

Technologies and policies tailored to regional needs

In this guide, the IEA highlights a number of energy technologies adapted to the specific needs of emerging countries.
Solutions such as decentralized renewable energies and low-cost energy storage systems are highlighted.
These technologies have the potential to transform the power grids of developing economies, reducing their dependence on fossil fuels while increasing their energy efficiency.
Public policy plays a crucial role in facilitating the adoption of these technologies.
The guide recommends a series of incentives, such as subsidies for innovation, tax breaks for companies investing in clean technologies, and the creation of industrial zones dedicated to clean energy.
These initiatives aim to create a favorable environment for the emergence of new industries, while meeting the growing energy needs of developing countries.
The document also stresses the need to strengthen energy transmission and distribution infrastructures, to enable more efficient integration of renewable energies into existing networks.
In addition, the development of energy storage capacities is crucial to enable better management of fluctuations in renewable energy production.
By implementing these recommendations, governments can encourage the rapid adoption of new energy technologies, while supporting economic growth and meeting decarbonization targets.

Register free of charge for uninterrupted access.

popular articles

Advertising

Recently published in

BlackRock's acquisition of a 20% stake in Naturgy, a key energy company in Spain, raises crucial issues about the energy transition and the concentration of foreign ownership in strategic sectors. This dynamic deserves particular attention.
The interdependence between the Western and Russian nuclear industries raises major concerns, especially in the context of economic sanctions. This report highlights the challenges and costs involved in reducing this dependence, prompting further reflection.
The interdependence between the Western and Russian nuclear industries raises major concerns, especially in the context of economic sanctions. This report highlights the challenges and costs involved in reducing this dependence, prompting further reflection.
Ukraine and Moldova are facing a critical winter due to the destruction of their energy infrastructures. The International Energy Agency is calling for urgent action to guarantee their energy security in the face of unprecedented challenges.
Ukraine and Moldova are facing a critical winter due to the destruction of their energy infrastructures. The International Energy Agency is calling for urgent action to guarantee their energy security in the face of unprecedented challenges.
Iran, a key player in the global energy sector, is facing growing tensions over its nuclear program. Teheran's declarations on the transparency of its activities raise crucial questions about the future of international negotiations and regional security.
Iran, a key player in the global energy sector, is facing growing tensions over its nuclear program. Teheran's declarations on the transparency of its activities raise crucial questions about the future of international negotiations and regional security.
The UK launches the Global Clean Power Alliance to help countries move away from fossil fuels and towards renewable energy. The initiative aims to strengthen climate diplomacy and support emerging economies in their energy transition.
Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Turkey strengthens its position in the energy market by signing a 10-year agreement with TotalEnergies for the import of liquefied natural gas. This initiative aims to diversify supplies and become a regional hub for Europe.
Turkey strengthens its position in the energy market by signing a 10-year agreement with TotalEnergies for the import of liquefied natural gas. This initiative aims to diversify supplies and become a regional hub for Europe.
The case between Rosneft and Shell over the sale of the latter's stake in the PCK Schwedt refinery illustrates the growing tensions in the European energy sector, exacerbated by the current geopolitical context and sanctions against Russia.
The case between Rosneft and Shell over the sale of the latter's stake in the PCK Schwedt refinery illustrates the growing tensions in the European energy sector, exacerbated by the current geopolitical context and sanctions against Russia.
The Great Sea Interconnector (GSI) is an ambitious project to link the power grids of Cyprus, Greece and the Middle East. This strategic cable could transform the region's energy security, while raising major geopolitical challenges.
Azerbaijan has positioned itself as a key player in the fight against climate change by launching the Climate Finance Action Fund at COP29. This initiative aims to mobilize resources for decarbonization and the global energy transition.
Azerbaijan has positioned itself as a key player in the fight against climate change by launching the Climate Finance Action Fund at COP29. This initiative aims to mobilize resources for decarbonization and the global energy transition.
Central Asia, in search of new partnerships, is turning to Germany to develop trade and energy corridors. This dynamic, in the face of current geopolitical challenges, could transform the region into a key player on the international stage.
Central Asia, in search of new partnerships, is turning to Germany to develop trade and energy corridors. This dynamic, in the face of current geopolitical challenges, could transform the region into a key player on the international stage.
The debate over the taxation of Chinese electric cars is intensifying, with growing tensions between the European Union and China. Key players are calling for a negotiated solution to avoid a trade war harmful to both economies.
The debate over the taxation of Chinese electric cars is intensifying, with growing tensions between the European Union and China. Key players are calling for a negotiated solution to avoid a trade war harmful to both economies.
Recent U.S. tariff increases on Chinese imports, affecting a variety of sectors, are raising concerns about their economic impact. This article explores the implications of these decisions on trade relations and the global economy.
Regulation of liquefied natural gas (LNG) export projects in the USA is evolving rapidly, with major implications for the Rio Grande and Texas LNG projects. Recent court rulings highlight the tensions between economic development and environmental concerns.
Regulation of liquefied natural gas (LNG) export projects in the USA is evolving rapidly, with major implications for the Rio Grande and Texas LNG projects. Recent court rulings highlight the tensions between economic development and environmental concerns.
Indian Oil Corporation has signed a major agreement with ADNOC for 1 million tonnes of LNG per year for 15 years. This commitment strengthens the energy relationship between India and the Emirates, while meeting the growing demand for LNG in India.
Indian Oil Corporation has signed a major agreement with ADNOC for 1 million tonnes of LNG per year for 15 years. This commitment strengthens the energy relationship between India and the Emirates, while meeting the growing demand for LNG in India.
Apollo Global Management has signed a $1 billion agreement with BP to acquire a stake in the Trans Adriatic Pipeline. This strategic investment aims to strengthen Europe's energy security while diversifying sources of supply.
Apollo Global Management has signed a $1 billion agreement with BP to acquire a stake in the Trans Adriatic Pipeline. This strategic investment aims to strengthen Europe's energy security while diversifying sources of supply.
Germany is stepping up its efforts to secure raw materials in Central Asia, in particular with Uzbekistan, against a complex geopolitical backdrop. This strategy aims to diversify its energy supplies while addressing issues of human rights and transparency.
Wien Energie, Vienna's main energy supplier, is committed to eliminating Russian gas by 2025, thereby meeting the challenges of energy security in Europe. This initiative marks a strategic turning point for Austria in a complex geopolitical context.
Wien Energie, Vienna's main energy supplier, is committed to eliminating Russian gas by 2025, thereby meeting the challenges of energy security in Europe. This initiative marks a strategic turning point for Austria in a complex geopolitical context.
Europe's energy crisis, exacerbated by geopolitical tensions, is prompting Greece to ask the EU for reforms. Prime Minister Mitsotakis proposes measures to stabilize prices and strengthen energy security.
Europe's energy crisis, exacerbated by geopolitical tensions, is prompting Greece to ask the EU for reforms. Prime Minister Mitsotakis proposes measures to stabilize prices and strengthen energy security.
The towing of the MV Sounion oil tanker in the Red Sea has raised major concerns about the environment and maritime safety. The geopolitical tensions exacerbated by this crisis highlight the urgent need for international cooperation to prevent future disasters.
The towing of the MV Sounion oil tanker in the Red Sea has raised major concerns about the environment and maritime safety. The geopolitical tensions exacerbated by this crisis highlight the urgent need for international cooperation to prevent future disasters.
Saudi Arabia plans to move from a Limited Quantities Agreement to a Full Safeguards Agreement with the IAEA by the end of 2024, marking a turning point in its nuclear policy and responding to international concerns about non-proliferation.
The current dynamics of the enriched uranium market are marked by geopolitical tensions and regulatory changes. Companies like Centrus need to adapt to these challenges to secure their supply and meet the sector's growing needs.
The current dynamics of the enriched uranium market are marked by geopolitical tensions and regulatory changes. Companies like Centrus need to adapt to these challenges to secure their supply and meet the sector's growing needs.
US policy towards Venezuela oscillates between economic sanctions and migration concerns. As the Biden administration weighs up its options, geopolitical and humanitarian issues complicate the situation, making the future uncertain for the region.
US policy towards Venezuela oscillates between economic sanctions and migration concerns. As the Biden administration weighs up its options, geopolitical and humanitarian issues complicate the situation, making the future uncertain for the region.
Faced with Western sanctions, Russia could limit its exports of strategic metals such as uranium, titanium and nickel, directly impacting global markets and supply chains.
Faced with Western sanctions, Russia could limit its exports of strategic metals such as uranium, titanium and nickel, directly impacting global markets and supply chains.