According to IRENA electricity is forecasted to become the dominant energy carrier by 2050. In this scenario, renewable energy's share of the global energy mix is anticipated to rise from 16% in 2020 to 77% by 2050.

📃Read the full Report 👉 …-83cc-3389-cdn-endpoint.azureedge.net/-/media/Files/

India is considering a request from Tesla to lower tariffs for (all) imported electric vehicles, according to Indian government officials, as Elon Musk’s company explores setting up a plant in the country. via Financial Times on.ft.com/47cw4Hm

The accident that closed the Port of Baltimore initially raised concerns that supply chains would take another hit.

But supply chains have been resilient thus far, and U.S. efforts to fortify them are accelerating, writes Zongyuan Zoe Liu. on.cfr.org/3xHQPOm

Growth in German residents’ income from investments in China while still a lot smaller than the shipment of goods produced in Germany, it has grown fast — Martin Sandbu charted this on Financial Times

We think ⁦Enrico Letta⁩ proposals on energy (one of the three Single market leftovers) are compelling and must be implemented to ensure the continued strength and integrity of the energy union. ⁦Bruegel⁩ bruegel.org/first-glance/l…

'Russian economic decision-making is increasingly dictated by and structured around the demands of the overall war effort. The longer this remains the case, the worse the hangover will be.' Alexandra Prokopenko via Carnegie Endowment 👉 carnegieendowment.org/2024/04/10/is-…

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Chinese GDP grew by 5.3% in the first quarter of 2024, well above expectations, reinforcing concerns that GDP growth in China means something quite different than GDP growth in economies that operate under hard-budget constraints.

caixinglobal.com/2024-04-16/chi…

In a rainy evening that will see half of Brussels reading the Enrico Letta Report, I did a quick word-count game to compare it with the Delors Report of 1989. Nothing scientific here, but some possibly interesting views on how priorities have changed (or not) in these 3 decades.

🆕 #ESPAS report explores 10 key trends shaping the world to 2040.

Can the EU navigate these challenges & seize opportunities?

👉 Read & share your thoughts: espas.eu/files/espas_fi…
🔴LIVE launch event: acs.europarl.connectedviews.eu/embed/meeting/…

#GlobalTrends2024 #EUforesight

“China’s gross domestic product increased 5.3 per cent in the first quarter against a year earlier, beating expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest economy.” via Financial Times on.ft.com/3xCkwQR

“There was a fake communication that we had for 20 or 30 years... It is not a single market,” said Enrico Letta. “If you’re not able to integrate the single market… you don’t have any economic security”

The exclusive Financial Times interview

ft.com/content/ad287f… w Paola Tamma

📈Who drives the global electric cars revolution? China of course, with 14 million EVs on the road, compared to 5.7m in🇪🇺 and 3m in🇺🇸 - and it is accelerating fast. This and many other green transition facts in our Bruegel European Clean Tech Tracker: bruegel.org/dataset/europe…

The EU Global Trends Report is out! with key global trends towards the year 2040 and their possible impact on the Union. Happy to have contributed to this with the colleagues from the other EU Institutions. #ESPAS espas.eu/files/espas_fi…

'The way Chinese policies change almost always follow 3-phases: a lax approach when companies are given relative flexibility to expand & compete, sudden harsh crackdowns that slash profits, and new loosening of restrictions.' Zeyi Yang 杨泽毅 on MIT Technology Review technologyreview.com/2024/04/09/109…

#China Sovereign Wealth, #CIC , to prop up the valuations of the largest Chinese banks by increasing stake caixinglobal.com/2024-04-13/chi…

'Today Malaysia is the world's sixth-largest semiconductor exporter, and the largest contributor to U.S. semiconductor imports, at over 20% by value annually, more than Taiwan, South Korea and Japan.' via Nikkei Asia asia.nikkei.com/Business/Busin…

How is Europe doing in clean tech manufacturing?🏭🔋More than 400 factories are established in the continent, with Germany being the key hub in this space. This and many other green transition facts in our
Bruegel European Clean Tech Tracker: bruegel.org/dataset/europe…