In brief | 7 October '25

IEA: Global renewable capacity is set to grow strongly, driven by solar PV

The amount of installed renewable power is forecast to more than double by 2030 as the sector navigates headwinds in supply chains, grid integration and financing.

DDP/IDDRI: A decade of national climate action: stocktake and the road ahead

The Paris Agreement has had a real impact, changing the way countries think and act and spurring new approaches to climate governance and policy in countries – but there are shortcomings.

Reuters: European Union's US gas use set to soar, increasing price volatility

Europe will need to import up to 160 additional liquefied natural gas cargoes this winter due to lower storage and a decline in pipeline flows from Russia and Algeria, according to analysts and data, deepening its dependency on US gas.

Reuters: EU to push development banks' climate focus despite US opposition, draft shows

The European Union will double down on its support for reforming global development banks to do more to fight climate change, a draft EU document showed.

Bloomberg: European chemicals giant Ineos plans to cut output in Germany

“The closures are the direct result of crippling energy and carbon costs, and a lack of tariff protection,” said the company.

Bloomberg: French and German power prices hit seven-month high on cold snap

French and German power prices climbed to the highest since February on forecasts for colder temperatures and concerns about lower renewable output.

The Guardian: Carbon offsets fail to cut global heating due to ‘intractable’ systemic problems, study says

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions.