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External Publication

The role of international institutions in fostering sub-Saharan Africa’s electrification

With a new commentary published by the Columbia University Center on Global Energy Policy, Simone Tagliapietra and Morgan Bazilian discuss the role of international institutions in bringing electricity to sub-Saharan Africa (SSA). The authors offer a review of global financing initiatives for SSA’s electrification, and conclude that better coordination and information-sharing mechanisms to track the rapidly-changing landscape will be critical to achieve SSA energy access goals.

By: and Date: September 22, 2017 Topic: Green economy

With a new commentary published by the Columbia University Center on Global Energy Policy, Simone Tagliapietra and Morgan Bazilian discuss the role of international institutions in bringing electricity to sub-Saharan Africa (SSA), a region where two-thirds of the population does not have access to electricity, and the remaining one-third cannot consume as they would like, due to regular blackouts and brownouts.

The authors offer a review of global financing initiatives for SSA’s electrification, finding that the scale and focus across initiatives is wide and eclectic. The EU’s actions appear particularly fragmented, favoring overlaps, inefficiencies, and overall higher transaction costs, while the World Bank Group, the African Development Bank, and the U.S. have streamlined their actions in the field, focusing resources on a few initiatives. The authors also note that China has altogether taken a different approach, targeting their efforts through state owned enterprises, rather than via financial assistance institutions. The commentary stresses that SSA’s energy needs are indeed poorly served by a fragmented system of financial assistance, and coordination between large and smaller funders remains critical.

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Opinion

Scorching summers are becoming the new normal. Can Europe prepare itself?

This opinion was originally published in Le Monde, El Pais and Die Zeit. Summer in Europe has barely started, yet a blistering heatwave has already hit France this June, earlier than ever since the start of official records. Forest fires are raging in Spain, and Northern Italy is experiencing a record drought that is ruining […]

By: Klaas Lenaerts, Simone Tagliapietra and Guntram B. Wolff Topic: Green economy Date: July 12, 2022
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Blog Post

European Union demand reduction needs to cope with Russian gas cuts

Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe

By: Ben McWilliams and Georg Zachmann Topic: Green economy Date: July 7, 2022
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Past Event

Past Event

Green public investment after COVID-19

How can the public sector meet the climate funding needs of the EU?

Speakers: Zsolt Darvas, Elena Flores, Louise Skouby and Laurent Zylberberg Topic: Macroeconomic policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: July 5, 2022
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Blog Post

A new European tool to deal with unjustified rising spreads

The European Central Bank needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.

By: Grégory Claeys and Maria Demertzis Topic: Banking and capital markets Date: June 20, 2022
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Policy Contribution

How to make the EU Energy Platform an effective emergency tool

The EU Platform could become an effective emergency tool to safeguard Europe’s security of gas supply in case of a sudden interruption of Russian gas flows, but policymakers need to address challenges to make it work.

By: Walter Boltz, Klaus-Dieter Borchardt, Thierry Deschuyteneer, Jean Pisani-Ferry, Leigh Hancher, François Lévêque, Ben McWilliams, Axel Ockenfels, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: June 16, 2022
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Blog Post

Europe’s Russian oil embargo: significant but not yet

The ban on most Russian oil significantly scales up the EU response to aggression against Ukraine, but the bloc should stand ready for retaliatory actions.

By: Ben McWilliams, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: June 1, 2022
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Podcast

Podcast

An embargo on (most) Russian oil

A timely reflection on the EU’s latest round of sanctions banning Russian oil imports.

By: The Sound of Economics Topic: Green economy Date: May 31, 2022
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External Publication

Economics of access to energy

This chapter discusses the key obstacles that have so far prevented 840 million people worldwide from gaining access to electricity.

By: Giacomo Falchetta and Simone Tagliapietra Topic: Green economy Date: May 30, 2022
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Blog Post

REPowerEU: will EU countries really make it work?

By acting together, the European Union can optimise its response to the energy crisis in all scenarios but each country will have to make concessions.

By: Simone Tagliapietra Topic: Green economy Date: May 18, 2022
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Blog Post

The EU needs transparent oil data and enhanced coordination

The EU lacks the coordination structure and transparent data necessary to most effectively navigate an embargo on Russian oil.

By: Agata Łoskot-Strachota, Ben McWilliams and Georg Zachmann Topic: Global economy and trade, Green economy Date: May 16, 2022
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Opinion

For Europe, an oil embargo is not the way to go

Even at this late hour, the European Union should consider taking a different path.

By: Simone Tagliapietra, Guntram B. Wolff and Georg Zachmann Topic: Global economy and trade Date: May 9, 2022
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Opinion

A tariff on imports of fossil fuel from Russia

A tariff on imports of Russian fossil fuels would allow Europe to hit Russia's energy sector without great suffering.

By: Guntram B. Wolff and Georg Zachmann Topic: Global economy and trade Date: May 2, 2022
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