10 ways to cut oil use and help tackle the global energy crisis The International Energy Agency (IEA) is proposing a 10-point plan to cut global oil use as the Ukraine conflict deepens fears about supply It’s urging governments to encourage citizens to drive more slowly and share transport where possible Other recommendations to tackle the energy crisis include more working from home, car-free days in cities, and cheaper public transport
Nigeria - Fostering Effective Energy Transition 2023 | World Economic Forum Nigeria ranks 108 out of 120 countries on the ETI 2023 and is the largest economy and richest oil resource centre of the African continent, as well as the largest gas consumer and producer of West Africa 124 Over the last 10 years, Nigeria’s overall ETI score has improved (3%), while its system performance scores have fallen slightly (1%) The country’s growing population and array of
Canada - Fostering Effective Energy Transition 2023 | World Economic Forum The country faces high energy intensity of its economy, high levels of energy consumption per capita and higher-than-average carbon intensity Within transition readiness, Canada has shown increasing improvement on regulation and political commitment
Why was the International Energy Agency set up? Because of 1973’s oil . . . What was the 1970s energy crisis? The first oil crisis in 1973 caused a spike in crude oil prices that led to a global recession Gross domestic product – the total value of products and services produced in a country – fell by 7% in Japan, 4 7% in the US and 2 5% in Europe Fuel rationing came into force in some countries because of shortages
Could China’s cooking oil spur SAF globally? | World Economic Forum Exported used cooking oil from China in metric tonnes Image: United States Department of Agriculture China Biofuels Report 2023 Increasing used cooking oil collection could boost local production and export However, per capita consumption is expected to peak by 2030, which will result in used cooking oil feedstock constraints
Middle East crisis: 6 ways Asia is tackling the energy impact Asian economies are disproportionately affected by Middle East crisis due to their dependence on oil and gas imports from the region The World Economic Forum's Global Risks Report 2026 ranks geoeconomic confrontation as the foremost short-term concern Here are six measures countries and companies in Asia have adopted to manage the fallout
How much is deforestation due to agricultural activities? | World . . . The rate at which oil palm plantations replaced forests dropped sharply after 2012 Other studies attributed this to drops in palm oil prices, national policies intended to curb forest clearing and corporate zero-deforestation commitments Although the study period ends in 2015, Indonesia — the country accounting for two-thirds of forests replaced by oil palm — saw three consecutive years
3. 1 System Performance - The World Economic Forum Countries like Colombia, despite being oil producers, have improved energy security in recent years through renewable sources like hydropower and bioenergy 71 Meanwhile, Egypt’s increased domestic energy consumption, coupled with heavy reliance on natural gas for electricity generation, poses energy security risks