COP26

Investment in battery energy storage research is key to reducing carbon emissions and boosting electrification says the newly appointed head of global battery research hub Consortium for Battery Innovation, Dr Christian Rosenkrantz.

Global methane emissions from the oil and gas industry fell by about 10% in 2020 as producers slashed production. But, the International Energy Agency (IEA) warns emission will rebound strongly without greater action from companies, policy makers and regulators.

The recent virtual COP26 Roundtable focused on the global transition to clean power as part of a green recovery and identified actions that can be taken to support this.

The UK is the top donor to the African Development Fund (ADF), the Bank’s concessional lending arm for its next three-year cycle, ADF-15 (2020 – 2022), a position it has held for the last three replenishments.

The UK is bidding for the Presidency and host United Nations Conference of Parties summit over two weeks at the end of 2020, in partnership with Italy.