In the long term, both energy security and decarbonization in the region will depend on substantial increases in national climate ambitions. Achieving those increases will depend, in turn, on equally substantial increases in investment in low-carbon technologies, accompanied by timely policies and regulatory measures. The World Bank has developed a whole-energy-system model, data driven, technology rich, and bottom-up, to project optimal least-cost pathways for Europe and Central Asia to achieve a net zero energy target by 2060.
This Live Wire is based on Net Zero Energy by 2060: Charting the Path of Europe and Central Asia Toward a Secure and Sustainable Energy Future (World Bank and ESMAP 2024).