The European Parliament (EP) has approved the €30bn upgraded Connecting Europe Facility (CEF) programme for 2021 to 2027, with 60% for projects that help achieve the EU’s climate objectives and 15% of energy pillar funds for cross-border renewable energy projects.

In fusion, the Euratom Work Programme sets a clear strategy for EUROfusion - the European Consortium for Development of Fusion Energy.

The Indonesian state-owned oil and gas company PT Pertamina plans to invest US$12bn to add 10 GW of "clean" power capacity by 2026, including 6 GW of gas-fired power plants, 3 GW of renewables such as geothermal and 1 GW from other projects like “blue” and “green” hydrogen.

USD 131 trillion will need to flow into an energy system over the period to 2050 that prioritises technology avenues compatible with a 1.5°C Pathway.

“The United States and Canada have a shared commitment to protect our planet and ensure that all pockets of North America have access to affordable, clean energy,” said Granholm.

NNL says the UK has set a world-leading net zero greenhouse gas emissions commitment and the nuclear fuel cycle is crucial to the role of nuclear technology in decarbonising the future energy system.

The government issued the National Hydrogen Strategy in late 2020.

Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in the current decade,

Japan's package of actions, dubbed the Asia Energy Transition Initiative (AETI) and set to include a wide range of support measures for energy transition in ASEAN countries, was welcomed by ASEAN energy ministers, according to a joint statement issued following the meeting.

Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.

Aramco President & CEO, Amin H. Nasser, said: “We are very pleased with the global investment community’s response to Aramco’s first international dollar Sukuk, which attracted demand 20 times the initial targeted issuance size.

Nuclear power of course is the only carbon-free energy source we have that can deliver power day and night, throughout every season, almost anywhere on Earth. And it's been proven to work at a large scale.

Russian company Technopromexport pledged to invest €12bn (US$14.6bn) in the project.

By the end of the 2020s, annual capital spending on clean energy in these economies needs to expand by more than seven times, to above USD 1 trillion, in order to put the world on track to reach net-zero emissions by 2050.

The EU plans to introduce mandatory sustainability criteria for all projects and to end support for new natural gas and oil projects.