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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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External Publication

European Parliament

Tailoring prudential policy to bank size: the application of proportionality in the US and euro area

In-depth analysis prepared for the European Parliament's Committee on Economic and Monetary Affairs (ECON).

By: Alexander Lehmann and Nicolas Véron Topic: Banking and capital markets, European Parliament, Macroeconomic policy Date: October 14, 2021
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Opinion

European governance

The inconsistency in global strategic relations

All of this talk on strategic retrenchment and autonomy is the language of escalation, not of appeasement and collaboration.

By: Maria Demertzis Topic: European governance, Global economy and trade Date: October 13, 2021
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Opinion

The only quick-fix to Europe’s energy price crisis is saving energy

The only thing Europe can quickly do to prevent a potentially difficult winter is to actively promote energy conservation in both the residential and industrial sectors.

By: Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: October 7, 2021
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Opinion

Letter: The lesson Europe should learn from the gas crisis

Europe’s gas supply security could more effectively be safeguarded by ensuring that unused alternatives are maintained.

By: Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: October 5, 2021
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Blog Post

Germany’s foreign economic policy: four essential steps

Germany and the EU need to develop a strong and proactive agenda to manage foreign economic relations, which are essential for German and European prosperity.

By: Guntram B. Wolff Topic: Macroeconomic policy Date: September 23, 2021
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Podcast

Podcast

Exploding energy prices

Why the sudden spike in European electricity and gas prices?

By: The Sound of Economics Topic: Green economy Date: September 23, 2021
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Blog Post

Is Europe’s gas and electricity price surge a one-off?

Surging natural gas prices in Europe, driven by rising demand and tight supply, are pushing up electricity prices; to prevent volatility, governments need to commit more clearly to a low-carbon future.

By: Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: September 13, 2021
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Opinion

EU climate plan should involve taxing pollution, not borders

Climate change and taxes may be some of the only true certainties in life. To protect ourselves better, we should make careful choices on how they interact.

By: Rebecca Christie Topic: Green economy Date: September 6, 2021
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Blog Post

Hydrogen development strategies: a global perspective

Despite different strategies, the European Union, the United Kingdom, the United States, China and Japan all expect hydrogen to play a significant role in the decarbonisation of their economies by expanding its use in energy and transport systems.

By: Alicia García-Herrero, Simone Tagliapietra and Victor Vorsatz Topic: Green economy Date: August 30, 2021
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Blog Post

Making sure green household investment pays off

Policies are needed to support green fuel switching by households; support should be phased out as the carbon price rises.

By: Ben McWilliams and Georg Zachmann Topic: Green economy Date: July 19, 2021
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Opinion

Relaunching transatlantic cooperation with a carbon border adjustment mechanism

The best way for the EU and the US to jointly introduce carbon border adjustment would be to form a ‘climate club’.

By: Simone Tagliapietra and Guntram B. Wolff Topic: Global economy and trade, Green economy Date: June 11, 2021
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Podcast

Podcast

A transatlantic climate alliance

When Joe Biden visits Europe for the first time as US president, he should begin forging a transatlantic green deal.

By: The Sound of Economics Topic: Global economy and trade, Green economy Date: June 11, 2021
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