Outlook 2025: The importance of ensuring a just transition for developing nations
While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources
There is a need for nations to transition their energy sources from hydrocarbon-intensive ones to ‘greener’ varieties. However, how to do this is widely debated among politicians and business leaders. Eco Atlantic believes that a successful global energy transition is important to achieve a ‘net zero’ result, yet it is equally important not to penalise nations with unrealised hydrocarbon reserves. According to the UN Development Programme, 1.18b people, or 13% of the global population, live in energy poverty—mostly in Africa and South Asia. All nations must determine their own energy policies and carefully consider their energy mixes to ensure energy poverty is overcome. This is especially i
Also in this section
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
16 July 2025
Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery
