Offshore Windfarm

Navigating the Evolving Landscape of Global Energy Transition: Opportunities and Challenges

The World Economic Forum puplished their new insight report about fostering effective energy transition. What does this mean for the world and how do we as Impact Funding Europe support our customers in obtaining funding for energy projects? 

Screenshot 2024-01-31 154619

The world finds itself entangled in a complex web of challenges, from health crises to geopolitical tensions and economic uncertainties. Termed the “polycrisis,” these multifaceted issues have compelled countries to reassess their resource allocations and implement measures to address immediate energy security and affordability concerns. However, amid these turbulences, there lies an opportunity to broaden our perspective and contemplate the evolution of various aspects within the “energy triangle.” 

Equality and inclusivity have evolved from merely focusing on energy access to embracing a more comprehensive approach to sustained economic development. Security has transitioned from ensuring a stable energy supply to diversifying the energy mix. Sustainability now encompasses a broader spectrum of clean energy beyond decarbonization, while transition readiness demands a heightened focus on regulatory and financial environments. Recognizing the shifting needs of the energy frontier, this year sees a revision of the Energy Transition Index (ETI) framework to incorporate a more holistic approach in balancing the three imperatives of the energy triangle: equity, security, and sustainability, while effectively leveraging transition enablers. 

The ETI evaluates countries based on their current energy system performance and their preparedness for transition. Over the past decade, global ETI scores have shown a 10% improvement, driven significantly by a 19% increase in transition readiness scores. The Nordic countries, including Sweden, Denmark, Norway, and Finland, continue to lead the rankings, excelling in both system performance and transition readiness. Notable advancements are observed in countries like Kenya and Azerbaijan, which have significantly improved their ranks by focusing on transition readiness through enhancements in regulatory environments and infrastructure. A noteworthy mention goes to China, the world’s largest energy consumer, which has witnessed a remarkable 43% increase in transition readiness scores over the past decade, double the global average, securing its place in the top 20 countries. 

Despite progress in decarbonization and infrastructure, global efforts still fall short of achieving balanced progress across all aspects of the energy triangle. In response, this report introduces the concept of “transition momentum” as a measure to gauge country progress on energy system performance parameters. Only two countries, India and Singapore, are identified as making advances across all aspects of energy system performance. 


The urgency for action in the energy transition is emphasized. The limited number of countries making simultaneous progress across all aspects of the energy triangle highlights the challenges nations face in advancing their energy transition pathways. Analyzing the drivers of past progress reveals key themes that can pave the way for an accelerated transition: 

  1. Equity Under Pressure: The current trajectory of the energy transition exerts pressure on equity. While the global average ETI score has increased annually over the last decade, growth has plateaued in the past three years. Macroeconomic and geopolitical developments have led to extreme price shocks in the energy market, exacerbating energy poverty and hindering energy access. High fuel prices impact the cost competitiveness of energy-intensive industries, and the rising subsidy burden poses risks to economic growth. Low-income countries bear a disproportionate burden, facing challenges from fuel price inflation, food inflation, and increasing debt.
  1. Shifting Focus to Emerging Economies: The center of gravity for the energy transition is shifting towards emerging and developing economies. With growing populations and economic expansion in countries such as China and India, global energy demand remains robust. Despite short-term effects from the energy crisis, emerging economies consistently show improvement in transition readiness, outperforming global averages over a longer-term horizon. Significant strides are seen in the growth of clean jobs, infrastructure development (including renewable capacity addition), and political commitments.


In a world where the urgency of energy transition is increasingly apparent, understanding the challenges is crucial for maximizing the opportunities. The dynamics of energy change involve a complex interplay of various factors, presenting not only challenges but also opportunities for innovative solutions and a sustainable future. The coming years will be decisive, and each country plays a vital role in the global pursuit of a sustainable energy future. 


Supporting Clients in Obtaining Funding for Sustainable Energy Solutions 

We as Impact Funding Europe (IFE) support companies to secure EU grant funding for smart, digital and climate neutral projects.  

At IFE we understand the complexities of the grant application process and are dedicated to supporting our customers, for example Green Earth X, in every facet of their journey. Our comprehensive approach encompasses consortium building, fund matching, proposal writing, and administration management to ensure a seamless and successful experience. 

Our mission is to empower your organization to navigate the complex landscape of EU grant funding with confidence. Join us and create a future based on Sustainable Energy Solutions. 


Finally, I would like to introduce myself as a new member of IFE. My Name is Moritz and I am currently studying Business Administration in Kiel. I have been employed as a working student at IFE since December and support my colleagues in various areas of work. Humor is not neglected in this company, so that the work is always a pleasure.  


Moritz Cornils 


Leaf L Green.png

Clean Energy

In 2019 the EU completed a comprehensive update of its energy policy framework to facilitate the transition away from fossil fuels towards cleaner energy and to deliver on the EU’s Paris Agreement commitments for reducing greenhouse gas emissions.

The agreement on this new energy rulebook – called the Clean energy for all Europeans package – marked a significant step towards the implementation of the energy union strategy, published in 2015.

Climate, Energy and Mobility is the focus for Cluster 5 in Horizon Europe. This clusters aims to fight climate change by better understanding its causes, evolution, risks, impacts and opportunities, and by making the energy and transport sectors more climate and environment-friendly, more efficient and competitive, smarter, safer and more resilient

More information here.

Recent Projects


Sophie Glaser-Deruelle

Senior Consultant

Sophie is a mission-driven, analytic, and reliable consultant. Her focus is on the development of projects, and writing public funding bids and grant proposals for R&D. She holds an MA in International Relations and European Studies and has a strong background in SME development and enabling SMEs and Start-ups to access markets and funding.

Sophie has over 10 years of experience in EU funding and project implementation including international project development, tender and funding proposal writing, policy development, implementation, and project management. At IFE, Sophie is a Senior Consultant and Project Development expert. She aids companies in defining their R&D needs and aligning them to calls, this includes ideation and development of projects, consortium building and writing proposals for EU funding.

Olaf Gerd Gemein

Olaf Gerd Gemein


Olaf is a passionate Serial Entrepreneur and Business Architect with a specific ambition: to be a change catalyst!

With over 30 years of practical experience in various markets in Europe, Asia, North and South America and Canada, he has successfully supported more than 100 projects in the ICT sector. His contributions have focused on accelerating start-up and innovation clusters, building networks, products and services from scratch, facilitating and implementing go-to-market strategies. He is frequently asked to speak at conferences and facilitate networking on smart tech topics around the world.

Peter Schottes

Peter Schottes

Eisenschmidt Consulting

Peter holds a PhD in nature science (climate impact research), worked as a project manager for software development and as a freelance consultant. He is managing director and shareholder of Eisenschmidt Consulting Crew in Kiel, Germany. He is a specialist in transformation projects and works as a sparring partner for top executives. His focus in on strategy development, digital transformation and concept development.

Peter is active as advisor for StartUps and Angel investor. At IFE he overlooks the entire process of community building, stakeholder management and is also responsible for the project kick-offs.

Alex Neu

Alex Chalkley


Alex has a BSc in Mathematics, Economics & Computing and has already built a market-leading R&D Funding Consultancy in the UK from 2009 to 2019. Alex has developed funding bids, mainly in the form of R&D Grant Applications, that have secured over €60m for clients operating at the forefront of technology innovation. Venturenomix, focuses on supporting Impact Ventures by offering specialist funding related consultancy services to ambitious people seeking funding for good projects. At IFE, Alex is Managing Director and responsible for all aspects of the business, in particular recruiting, mentoring and adding value to the EU Grant Writing Consultants working on multi-million Euro EU Grant Applications.

Smart City L Green

Smart City

A smart city is a place where traditional networks and services are made more efficient with the use of digital and telecommunication technologies for the benefit of its inhabitants and business. 

A smart city goes beyond the use of information and communication technologies (ICT) for better resource use and less emissions. It means smarter urban transport networks, upgraded water supply and waste disposal facilities and more efficient ways to light and heat buildings. It also means a more interactive and responsive city administration, safer public spaces and meeting the needs of an ageing population. Last not least, it aims to make a city a healthier, more sustainable and more attractive place to be for its residents and visitors.

More than half of the world’s population now lives in urban areas. This is expected to reach 80% by 2050. Cities and metropolitan areas are centres of economic activity, knowledge generation, innovation and new technologies. Cities influence the quality of life of citizens who live or work in them and they are major contributors to global challenges.

A mission in this area will help us meet the goals and targets set out by international policy frameworks such as the COP21 Paris Agreement, the UN’s Sustainable Development Goals (notably SDG11), the Urban Agenda for the EU and the Habitat III New Urban Agenda as cities play a key role in all of them.

Read more here.

Recent Projects

Green City L Green

Green Deal

The European Green Deal sets out how to make Europe the first climate-neutral continent by 2050. It maps a new, sustainable and inclusive growth strategy to boost the economy, improve people’s health and quality of life, care for nature, and leave no one behind.

The Green Deal spans and informs all of the Horizon Europe Pillars and Destinations. As such, there is no dedicated funding programme, apart from Horizon Europe itself. This strategy underpins Horizon Europe funding from 2021-2027. You can read more about the Pillars and funding opportunities here.

Recent Projects

Laptop L Green

Open Data

The success of Europe’s digital transformation will depend on establishing effective rules to ensure trustworthy technologies, to give businesses the confidence and means to digitise, and to ensure highest privacy standards for citizens. The Data Strategy and the White Paper on Artificial Intelligence are the first pillars of the new digital strategy of the Commission. They all focus on the need to put people first in developing technology, as well as on the need to defend and promote European values and rights in how we design, make and deploy technology in the economy.

The European strategy for data aims at creating a single market for data that will ensure Europe’s global competitiveness and data sovereignty. Common European data spaces will ensure that more data becomes available for use in the economy and society, while keeping companies and individuals who generate the data in control.

Cluster 4 in Horizon Europe is dedicated to Digital, Industry and Space. The overarching vision behind the proposed investments under Cluster 4 is that of Europe shaping competitive and trusted technologies for a European industry with global leadership in key areas, enabling production and consumption to respect the boundaries of our planet, and maximising the benefits for all parts of society in the variety of social, economic and territorial contexts in Europe.

This will build a competitive, digital, low-carbon and circular industry, ensure sustainable supply of raw materials, develop advanced materials and provide the basis for advances and innovation in  global challenges to society.

Recent Projects

Electric Car L Green


The European Green Deal calls for a 90% reduction in greenhouse gas emissions from transport in order for the EU to become a climate-neutral economy by 2050, while also working towards a zero-pollution ambition. To achieve this systemic change, we need to (1) make all transport modes more sustainable, (2) make sustainable alternatives widely available in a multimodal transport system and (3) put in place the right incentives to drive the transition.

Climate, Energy and Mobility is the focus for Cluster 5 in Horizon Europe. This clusters aims to fight climate change by better understanding its causes, evolution, risks, impacts and opportunities, and by making the energy and transport sectors more climate and environment-friendly, more efficient and competitive, smarter, safer and more resilient

More information here.

Recent Projects

Leaf L Green


The Farm to Fork Strategy is at the heart of the Green Deal. It addresses comprehensively the challenges of sustainable food systems and recognises the inextricable links between healthy people, healthy societies and a healthy planet. The strategy is also central to the Commission’s agenda to achieve the United Nations’ Sustainable Development Goals (SDGs). All citizens and operators across value chains, in the EU and elsewhere, should benefit from a just transition, especially in the aftermath of the COVID-19 pandemic and the economic downturn. A shift to a sustainable food system can bring environmental, health and social benefits, offer economic gains and ensure that the recovery from the crisis puts us onto a sustainable path. Ensuring a sustainable livelihood for primary producers, who still lag behind in terms of income, is essential for the success of the recovery and the transition.

Cluster 6 under Horizon Europe ringfences innovation grant funding for Food, Bioeconomy, Natural Resouces, Agriculture & Environment. This cluster aims at reducing environmental degradation, halting and reversing the decline of biodiversity on land, inland waters and sea and better managing natural resources through transformative changes of the economy and society in both urban and rural areas. It will ensure food and nutrition security for all within planetary boundaries through knowledge, innovation and digitalisation in agriculture, fisheries, aquaculture and food systems and steer and accelerate the transition to a low carbon, resource efficient circular economy and sustainable bioeconomy, including forestry.

More information here.

Recent Projects