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WASHINGTON—Join us for World Resources Institute's Stories to Watch 2019 on Wednesday, January 9, 2019 at 9:00 a.m. Dr. Andrew Steer, president & CEO, will share insights on emerging trends in the economy, politics, environment and international development that will shape the world in the coming year.

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Rio de Janeiro has long been known for its traffic congestion and lack of affordable, accessible public transit. Now, in celebration of its 450th anniversary and as the host city of the 2014 World Cup and the 2016 Summer Olympic Games, city leaders are beginning to transform Rio's image into one of a sustainable mobility leader.

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How can policymakers deliver low-carbon development, particularly clean energy, at affordable costs? What strategies have countries used to attain the economic benefits of building a clean energy industry while keeping the burden to consumers low —and who is succeeding, and why? These are just a few of the questions that policymakers grapple with when tackling the challenges associated with transitioning to a green economy, one of the key themes of the Rio+20 conference. They’re also questions that WRI seeks to answer through our upcoming, cross-country analysis of clean energy industry development.

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Google is backing it. So is Warren Buffett, America’s most-watched investor. GE, one of the world’s biggest manufacturers, is too. Each of these corporate icons is placing big bets and hundreds of millions of dollars on a future powered by wind and solar power. Apple just joined them, announcing plans to power its main U.S. data center in Maiden, North Carolina, entirely with renewable energy by the end of this year. So why - yet again - are pundits making dire warnings about prospects for renewable energy? The answer is that the clean tech industry is at a critical crossroads.

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On February 15-17, the UNFCCC Technology Executive Committee (TEC) held its second meeting. On May 28-29, it will meet again. The TEC is informally called the “policy arm” of the UNFCCC Technology Mechanism, which aims to enhance climate technology development and transfer for mitigation and adaptation. Despite its importance, the TEC has not been much discussed or studied. In this blog, two followers of the UNFCCC technology negotiations give their views on how the TEC can make a difference for addressing climate change.

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Clean tech in the United States has been on the rise in recent years— even through the recession and other challenges. Increasing wind power, falling solar costs, expanding electric vehicle markets, government stimulus and other investments have built a global clean tech sector that topped $263 billion last year.

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The agenda at this week’s Pacific Energy Summit, hosted by the National Bureau of Asian Research, in Hanoi, Vietnam, includes increasing energy security, expanding access to energy, and decarbonizing the power sector. Given these goals, plus the staggering growth in energy demand in Asia, as well as increasingly volatile fossil fuel prices and rapidly falling renewable energy costs, there are many opportunities to scale up renewable energy throughout the region. (For more on renewable energy’s rapid growth see here and here.) In order to take advantage of this fast-moving sector and develop internationally competitive domestic industries, countries need to have a strong capacity for innovation.

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