Across the globe, access to reliable and affordable energy underpins the very fabric of society. The International Energy Agency (IEA), a leading intergovernmental organization on energy, defines energy security as…
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The definition of reform in the dictionary is “making changes to something in order to improve it.” The challenge has become insurmountable and the country’s finances might fall into a…
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Through its Nationally Determined Contribution (NDC), approved by Parliament under Law 115 dated 2019, Lebanon has committed to achieving a 30 percent reduction in greenhouse gas emissions by 2030. Moreover,…
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In 2010, everything was looking up for Lebanon’s electricity sector. Gebran Bassil, then minister of energy and water, had put forth a master plan that by 2015 would have delivered…
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The complications posed by the refugee crisis and stagnant legislature found Lebanon’s public finances in troubled waters. There have, however, been some positive developments. The Ministry of Finance has again…
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Lebanon’s electricity sector faces severe difficulties on multiple levels, making it an unsustainable burden on the economy in general and the state budget in particular. Problems extend across all stages…
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Economics and Policy Gold slipped back into negative territory on Tuesday after bargain hunting tapered off, while daily outflows from exchange-traded funds highlighted investors’ lack of confidence in the precious…
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Economics A strike by Electricite du Liban’s workers has further exacerbated the electricity crisis in the country as repairs on aging power plants came to a halt Tuesday. More from…
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Power cuts several hours per day are a way of life in Beirut, and some rural areas of Lebanon go without electricity for upwards of 16 hours a day, every…
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If the many announcements coming out of the energy ministry last month translate into reality then the country’s electricity sector is on the verge of major change. In a few…
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