China’s Quest for Blue Skies: The Astonishing Transformation of the Domestic Gas Market
China’s gas industry has been moving into a new era. China’s natural gas demand has skyrocketed amid a state campaign that encourages coal-to-gas switching. In just two years, China added 75 billion cubic meters (bcm) to global gas demand, the equivalent of the UK gas market, the second largest European market. Despite steadily rising, Chinese gas production has not been able to cope with such a huge increase in demand and gas imports have also surged.
Sustaining Multilateralism in a Multipolar World. What France and Germany Can Do to Preserve the Multilateral Order
While international multilateralism is under strain, it is vital for France and Germany to defend it, since it is the most appropriate system for preserving their interests – particularly in terms of welfare, security, prosperity and environmental protection. Against this backdrop, three political fields offer opportunities for joint initiatives: trade, conventional arms control and climate change.
Booming Prices on the European Emission Trading System: From Market Oversupply to Carbon Bubble?
Since its creation in 2005, the European emission trading system (EU ETS) has been through several periods of turmoil. With emission allowances (EUA) averaging around 7 euros per ton from 2012 to 2017, European Member States have been trying to remedy the depressed price signals successively through market design reforms at both European level (backloading, market stability reserve) and national level, with the UK introducing a carbon price floor for its domestic power sector in 2013.
The Power of China’s Energy Efficiency Policies
In just a few years, China has gained the status of an energy efficiency champion.
Opposing Trump's Environmental Policy
An interview with Julie CERQUEIRA, Executive Director of the U.S. Climate Alliance.
China’s National Carbon Market: a Game Changer in the Making?
As 2017 drew to close, China officially approved plans for its long-awaited national Emission Trading Scheme (ETS) and the National Development and Reform Commission (NDRC) outlined some of the implementation details[1]. Though it will be limited to the power sector (and combined heat and power, or CHP) at first, it will nevertheless be the world’s largest carbon market. It is expected to cover 1,700 companies representing approximately 30% of China’s total greenhouse gas (GHG) emissions. China’s CO2 emissions from fuel combustion amounted to approximately 8,796 metric tonnes of CO2 equivalent (MtCO2Eq.) in 2016, and seem to remain stable since 2014, though they appear to increase again in 2017[2]. Shanghai should host the national market exchange, which will be jointly owned by the governments of other provinces while Hubei should host the registry[3].
Europe's Energy Transition - Insights for Policy Making
This book was authored by the Insight_e European consortium, in which the Ifri Center for Energy was involved between 2014 and 2017. It is based on the key research projects carried out over the last three years on the Energy Union, greenhouse gas emissions reduction policies, security of gas and electricity supplies and the societal dimensions of the energy transition.
From COP21 to COP22: Keeping up the Momentum
In December 2015, a new international climate agreement was adopted, paving the way for increased mitigation and adaptation efforts.
COP21 : Haro sur le charbon
Despite a landmark agreement on climate in December 2015, reducing the share of coal in the world energy mix will remain extremely difficult. This paper analyses five large consumers choices in terms of coal and clean coal technologies.
Innovation: a New Mode of Climate Action
A range of announcements of energy and climate coalitions have been made during COP21. Beyond their important diplomatic objectives, these new forms of coalitions bring scientists and industry leaders towards new long term visions of energy consumption modes.
Climate Action beyond COP21 - Conference Brief
On November 4th 2015, the Ifri Center for Energy held an international conference on the future of Climate Action beyond the COP21. The conference brought together key experts to outline reasonable expectations for the Paris Climate Summit, in terms of binding commitments from the parties and, more broadly, in terms of the profound transformation that an agreement could trigger.
India’s Approach to Climate Negotiations: From the South to the North?
India’s approach to climate negotiations results from the interplay of two distinct logics, an external one and an internal one. While the external logic is derived from quantitative attributes at the aggregate level, such as the overall size of India’s economy, the internal logic is derived from qualitative attributes at the individual level such as per person incomes and productivity. For three decades, from the early 1970s to the early 2000s, India’s internal and external logics overlapped.
Adapting to the Effects of Global Warming. Article from "RAMSES 2016"
Adaptation issues started to gain momentum from the Copenhagen conference in 2009. Up until then, international negotiations had focused on mitigation policies. However, the increase in weather events and the inadequate efforts to hold back global warming now make adaptation a key issue in discussions around the Paris agreement.
RAMSES 2016. Climat : une nouvelle chance ?
Written by Ifri's research team and its network of associates, the new RAMSES 2016 analyses geopolitics on a worldwide scale. The major theme of this 34th edition is Climate: A new chance? In addition, RAMSES 2016 tackles the insertion of Africa in globalization and the uncertainties of democracy today in post-industrial societies, but also in the South.
The Paris Agreement. Article from "RAMSES 2016"
To avoid the pitfalls of historic divisions, climate negotiators decided to go down the self-differentiation route and leave legal matters to be resolved during the last steps of the process. The national contributions drafted by each party provide a robust basis for discussion, but we still need to ensure that these are appropriate and also monitor their implementation. The credibility of the Paris Agreement will be determined by these final procedural trade-offs.
COP21: What Are the Odds for Success?
Since Copenhagen, negotiations have been in stalemate. Progress can only be made if there is a significant attempt to create a transnational carbon market.
Japan's Energy and Climate Policy: Towards Dispelling the Uncertainties
Four years after the Great East Japan Earthquake and a few months before the opening of the Paris Climate Conference, Japan is about to clarify its energy and climate policy.
From 2020 to 2030, from Copenhagen to Paris: a mindset change for the European Climate Policy?
The European Councils of March 2007 and October 2014 have defined the major guidelines of the European climate policy for the 2010-2020 and 2020-2030 decades. These commitments have then been used as negotiation roadmaps for two major conferences on climate held under the United-Nations umbrella, in Copenhagen in 2009 and in Paris in December 2015. In both cases, the aim was, and still is, to reach a global agreement to take over the Kyoto Protocol. The first one was a failure for the European diplomacy and all hopes are now placed in the second, which may well be the last chance for the international climate talks.
Russia and Global Climate Politics
Russia, as the fourth largest greenhouse-gas emitter in the world, and a major supplier of fossil fuels causing these emissions, played a decisive role in the enforcement of the Kyoto Protocol, the main instrument of global climate policy so far.
Ifri, a foundation recognized as being of public utility, relies largely on private donors – companies and individuals – to guarantee its sustainability and intellectual independence. Through their funding, donors help maintain the Institute's position among the world's leading think tanks. By benefiting from an internationally recognized network and expertise, donors refine their understanding of geopolitical risk and its consequences on global politics and the economy. In 2026, Ifri partners with over 90 French and international companies and organizations.
