• ARTICLE Progress Despite Fragmentation: The Energy Transition to 2030 The second half of the decade will not be straightforward, but count on more progress being made. • By Albert Cheung, Deputy CEO, Head of Global Transition Analysis, BloombergNEF The emergence of a lower-carbon global economy, at the core of which is the energy transition, encountered many challenges last year. • The start of 2026 is unlikely to bring the sort of reset that climate-focused investors and companies might like to see. • Following this troubled time it is important to understand how the context has changed around the world, and why energy transition will continue to progress, in spite of ongoing challenges. • Different regions, different priorities A year ago, I wrote that the over-arching narrative for low-carbon transition had shifted from one of opportunity to one of competition. • This shift is even more evident today - indeed, it is no longer clear that major economies are even running the same race.

Article Summaries:

  • ARTICLE Progress Despite Fragmentation: The Energy Transition to 2030 The second half of the decade will not be straightforward, but count on more progress being made. By Albert Cheung, Deputy CEO, Head of Global Transition Analysis, BloombergNEF The emergence of a lower-carbon global economy, at the core of which is the energy transition, encountered many challenges last year. The start of 2026 is unlikely to bring the sort of reset that climate-focused investors and companies might like to see. Following this troubled time it is important to understand how the context has changed around the

Sources: