Blog

In this part of our series Co-ben­e­fits Sto­ries, Aldo Coro­nel explains how renew­ables can accel­er­ate the employ­ment oppor­tu­ni­ties in Mex­i­co. For this series, we have asked ener­gy pro­fes­sion­als that have par­tic­i­pat­ed in our train­ings for their thoughts and expe­ri­ences on co-ben­e­fits of renew­able ener­gy in their country.

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In the first part of our new series Co-ben­e­fits Sto­ries, Meltem Bayrak­tar from Turkey explains the upsides that come with less import­ed fos­sil fuels and how renew­ables can reduce air pol­lu­tion in Turk­ish cities. For this series, we have asked ener­gy pro­fes­sion­als that have par­tic­i­pat­ed in our train­ings for their thoughts and expe­ri­ences on co-ben­e­fits of renew­able ener­gy in their country.

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The pos­i­tive impacts of renew­able ener­gy devel­op­ment for peo­ple and the plan­et are wide­ly acknowl­edged. How­ev­er, the direct con­tri­bu­tion of local renew­able ener­gy projects to local com­mu­ni­ty well-being has received lim­it­ed atten­tion to date. Our new study describes a social per­for­mance approach to invest­ing in the ener­gy sec­tor that focus­es on pro­mot­ing the well-being of indi­vid­u­als and ener­gy project host communities.

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Post-pan­dem­ic recov­ery plans will play an impor­tant role in strength­en­ing health­care sys­tems and rebuild­ing economies. These stim­u­lus pack­ages and pol­i­cy respons­es present a unique oppor­tu­ni­ty to steer the glob­al econ­o­my towards sus­tain­able growth, increase resilience and bol­ster efforts to tack­le the chal­lenge of cli­mate change. 

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The devel­op­ment of elec­tric­i­ty prices and indus­try com­pet­i­tive­ness through renew­able pow­er gen­er­a­tion in Turkey was in the spot­light of the COBENEFITS online kick-off meet­ing. On the 10^th of May 2021, the COBENEFITS project host­ed the meet­ing for the upcom­ing 2021 assess­ment series.

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In late Feb­ru­ary 2021, Japan­ese trad­ing com­pa­ny Mit­subishi Cor­po­ra­tion decid­ed to pull out of the Vinh Tan 3 coal-fired pow­er plant project in Viet­nam after fac­ing con­sid­er­able pres­sure from investors and activists over the company’s fos­sil fuel investments.

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