Leaders from around the world, including the President of the EU Commission Ursula von der Leyen, will come together today to address the global challenges and opportunities of speeding up the clean energy transition.
Some 60 governments from countries around the world – the large majority at Minister or equivalent level – will take part in the international Summit on the Future of Energy Security, which is being hosted by the International Energy Agency in partnership with the UK government on 24-25 April.
The United States will only be represented by acting deputy secretaries of state, while China, Saudi Arabia and Russia are skipping the event altogether.
Leaders from all across the energy sector – including oil, gas, renewables, electricity, nuclear, critical minerals and more – as well as from international organisations and civil society, will also take part in the discussions in and around the Summit, which will seek to build consensus on a holistic approach to energy security and ensure governments have the tools they need to prevent and respond to the range of challenges confronting them in a fast-evolving context.
The Organization of the Petroleum Exporting Countries (OPEC) has welcomed the meeting.
"The overall theme is one that OPEC supports. It is positive to see the IEA refocusing on energy security after veering away from this fundamental goal," the group said on Wednesday.
"Many net zero policies have endorsed unrealistic timelines or had little regard for energy security, affordability or feasibility," said OPEC, which has previously described the phasing out of fossil fuels as a "fantasy".
OPEC, whose membership is dominated by oil-producing Gulf states, believes that energy security must be achieved by adding renewable energy sources to existing fossil fuels, not by replacing them.
European countries believe, however, that nuclear energy and renewables are the best way to avoid dependence on imported oil and gas.
UK Prime Minister brings forward £300 million for Great British Energy, the country’s publicly-owned clean energy company, to invest in offshore wind supply chains ahead of the Future of Energy Security summit. This includes investing in new supply chains for offshore wind manufacturing components such as floating offshore platforms and cables.
It is expected that the investment will directly and indirectly mobilise billions in additional private investment - helping de-risk clean energy projects and supporting thousands of jobs and revitalising the UK’s industrial heartlands.
The public investment complements the £43 billion of private investment pledged for clean energy projects since July.
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Saudi Arabia said its overnight strikes on Iran-backed group targets in Iraq were carried out in self-defence and warned it would take further military action if the groups launched new attacks against the kingdom.
The U.S. military said it completed its latest wave of strikes on Iran, a two-hour operation that hit dozens of targets. Washington described the strikes as a "powerful response" to Iranian missile attacks targeting U.S. forces in the Middle East a day earlier.
A fire involving two gas vessels at Egypt's Damietta port has prompted conflicting reports over whether the incident was caused by a drone strike or an onboard technical fault. Egyptian authorities said there were no casualties.
Thousands of migrants have crossed into the Spanish exclave of Ceuta from Morocco, overwhelming border security and prompting local authorities to call for a national emergency and military deployment.
The death toll from the powerful earthquake that struck Japan’s southwestern Kumamoto prefecture has risen to 30, Prime Minister Sanae Takaichi said on Thursday, as water and power shortages left survivors exposed to extreme summer heat.
Three firefighters have died as wildfires continue to burn across Greece, with Crete facing a second day of intense blazes driven by strong winds. The fires come as Europe battles destructive wildfires fuelled by extreme heat and drought.
An impending "super" El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass migration from hard-hit areas, the African Development Bank's (AfDB) top climate expert said.
Brazil has banned the production and sale of foie gras, the French delicacy made from fattened duck or goose liver. President Luiz Inacio Lula da Silva signed a law late Thursday aimed at ending force-feeding in the country's foie gras industry and stopping imports.
At least 82 people have died after heavy rain triggered devastating floods across northeastern India, Pakistan and Afghanistan this week, with widespread damage to homes, farmland and infrastructure.
Communities in Spain's northwestern Galicia region are bringing back native livestock, including the hardy Cachena breed, to help reduce the risk of devastating wildfires while restoring ecosystems.
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